N
Seller's Agent in 2021
Nicollette Hammond
Birchwood Realty, LLC
(231) 838-6922
4 in this area
6 Total Sales
5707 S Lake St Unit 3F Glen Arbor, MI 49636
Glen Arbor NeighborhoodEstimated Value: $236,000 - $1,011,000
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 January 2021LeBear Resort - a 5-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, 5 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. 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. Annual Dues cover all LeBear amenities which include indoor and outdoor pool and spa, sauna, exercise room, common area lounge with billiards, pool table and kitchenette, a groomed sand beach with chairs/loungers and fire ring to roast s'mores as well as on-site management, utilities, maintenance, liability insurance and more. 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 006-724-003-50
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2020
Closed on
Jan 25, 2021
Sold by
West Judith
Bought by
Albosta Kevin and Albosta Colleen
Seller's Agent
Nicollette Hammond
Birchwood Realty, LLC
Buyer's Agent
See agt remarks Non Member Emmet
Emmet Association of Realtors
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Total Days on Market
67
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
$301,289
Avg. Annual Appreciation
15.15%
Purchase Details
Closed on
Nov 15, 2010
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 |
|---|---|---|---|---|
| 01/27/2021 01/27/21 | Sold | $160,000 | +3.2% | $64 / Sq Ft |
| 11/06/2020 11/06/20 | For Sale | $155,000 | -- | $62 / 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 | $2,476 | $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
-
S
Buyer's Agent in 2021
See agt remarks Non Member Emmet
Emmet Association of Realtors
Map
Source: Northern Michigan MLS
MLS Number: 463696
APN: 006-724-003-50
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