N
Seller's Agent in 2020
Nicollette Hammond
Birchwood Realty, LLC
(231) 838-6922
4 in this area
6 Total Sales
5707 S Lake St Unit 3C Glen Arbor, MI 49636
Glen Arbor NeighborhoodEstimated Value: $236,000 - $970,000
3
Beds
2.5
Baths
2,500
Sq Ft
$600/mo
HOA Fee
Highlights
- 242 Feet of Waterfront
- Sauna
- Cathedral Ceiling
- Private Pool
- Deck
- Wood Flooring
About This Home
As of November 2020LeBear Resort - a five star luxury fractional residential club, built in 2004 with a 2019 interior renovation. This fully furnished property offers unsurpassed lakeside living! Features include gourmet kitchen with granite counter tops, Viking range, Sub-Zero refrigerator, gas & wood burning fireplaces, master bath with heated flooring, large steam shower, jetted tub, five smart TVs & Bose audio. Each residence boasts ample living space with a master (king bed), second bedroom (queen and pyramid beds), private study (queen sofa sleeper), and queen sofa sleeper in the family room if sleeping arrangements need to be separated further. There is a one bedroom owner's apartment that can be rented with a deeded week for up to four additional guests. Or, LeBear owners can rent it to enjoy LeBear living more often than six weeks each year (please note: apartment is available on a first come, first serve basis). The one car garage is shared between all eight owners and may be used for bikes, kayaks, paddle boards, etc. during owner's deeded week. LeBear amenities include indoor and outdoor pool and spa, sauna, exercise room, common area lounge with billiards & pool table, a groomed sand beach with chairs/loungers and fire ring to roast s'mores and on-site management. Residence 3 is one of only three approved dog friendly units located on the North side of the ground floor with amazing sunset views, quick access to the pool deck, and beach. As a 1/8th fractional interest owner, you receive six weeks each year to enjoy (on a rotation schedule, one about every other month). Additional uses can be to utilize the on-site vacation rental program or join LeBear Resort affiliate, The Registry Collection. It's a short walk to everything downtown Glen Arbor, a five-minute drive to Sleeping Bear Dunes, and approximately twenty-five minutes from Traverse City.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,118
Year Built
- Built in 2004
Lot Details
- 242 Feet of Waterfront
- Sprinkler System
HOA Fees
- $600 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,500 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Insulated Windows
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Sauna
- Wood Flooring
- Water Views
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Driveway
Pool
- Private Pool
- Spa
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Well
- Natural Gas Water Heater
- Septic System
- Community Sewer or Septic
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 006-724-003-20
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2020
Closed on
Nov 5, 2020
Sold by
Cherry Republic Cassingham Fam
Bought by
Mulcahy Theresa W
Seller's Agent
Nicollette Hammond
Birchwood Realty, LLC
Buyer's Agent
Nicollette Hammond
Birchwood Realty, LLC
List Price
$143,500
Sold Price
$140,000
Premium/Discount to List
-$3,500
-2.44%
Total Days on Market
264
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,393
Avg. Annual Appreciation
19.18%
Purchase Details
Closed on
Aug 31, 2011
Sold by
Glen Arbor Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $125,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $140,000 | -9.7% | $56 / Sq Ft |
| 07/29/2020 07/29/20 | Price Changed | $155,000 | +8.0% | $62 / Sq Ft |
| 01/15/2020 01/15/20 | For Sale | $143,500 | -- | $57 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,118 | $114,800 | $0 | $0 |
| 2023 | $395 | $58,800 | $0 | $0 |
| 2022 | $983 | $29,600 | $0 | $0 |
| 2021 | $2,306 | $69,000 | $0 | $0 |
| 2020 | $2,358 | $68,600 | $0 | $0 |
| 2019 | $2,503 | $77,600 | $0 | $0 |
| 2018 | -- | $72,900 | $0 | $0 |
| 2017 | -- | $90,100 | $0 | $0 |
| 2016 | -- | $84,600 | $0 | $0 |
| 2015 | -- | $78,500 | $0 | $0 |
| 2014 | -- | $67,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicollette Hammond
Map
Source: Northern Michigan MLS
MLS Number: 461083
APN: 006-724-003-20
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