NOT LISTED FOR SALE

5707 S Lake St Unit 4D Glen Arbor, MI 49636

Glen Arbor Neighborhood

Estimated Value: $343,000 - $453,000

3 Beds
2.5 Baths
2,500 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $154,000 $62 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,876/month

263 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Lake Privileges
  • Deeded Waterfront Access Rights
  • Indoor Pool
  • Clubhouse

About This Home

As of April 2017

Fractional ownership. Looking for the ultimate in luxury and pampering on Lake Michigan? Look no further. 1/8th fractional ownership (6 weeks- 1 full week at a time) in the beautiful Le Bear Resort residential club on Sleeping Bear Bay (condominium 4D a lower lever, end unit at the north end of the building). Sitting directly on Lake Michigan in downtown Glen Arbor, it’s within walking distance to all restaurants, shops, taverns, the Crystal River, and Heritage Trail. Full concierge service, 1 car garage, and daily housekeeping. Indoor and outdoor pools and spas. Breathtaking water views and sunsets over the Manitou Islands and Sleeping Bear Dunes. Part of the “Residential Club” time share service. Not a detail was spared in creating this incredible fractional ownership experience.

Last Agent to Sell the Property

Ranae Ihme

LVR Realty, LLC License #6502348899 Listed on: 07/14/2016

Last Buyer's Agent

Ranae Ihme

LVR Realty, LLC License #6502348899 Listed on: 07/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 2004

Lot Details

  • Private Waterfront
  • 242 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

HOA Fees

  • $542 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Den
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Brick Driveway

Accessible Home Design

  • Minimal Steps

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Covered patio or porch

Location

  • Ground Level Unit
  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, heat, lawn care, sewer, snow removal, trash removal, water
  • Le Bear Resort Community

Amenities

  • Clubhouse

Recreation

  • Exercise Course
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,118

Year Built

Built in 2004

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Estimated Year Built: 2004
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 22
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Trash Compactor, Washer, Dryer, Water Filtration System, Hot Tub, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Indoor Pool, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Great Room, Den/Study
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 19.00x11.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14.00x13.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.00x11.00, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 24.00x11.00, On Level: Main Floor, Flooring: None
  • Kitchen: Dimensions: 13.00x11.00, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 19.00x15.00, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2500
  • Price Per Sq Ft: 61.6
  • Range: R 14W
  • Total Finished Sf Apx: 2500

Exterior Features

  • Body Of Water: Lake Michigan
  • Exterior Features: In Ground Pool, Sidewalk, Covered Porch, Enclosed Pool, Porch
  • Exterior Finish: Wood
  • Foundation: Poured Concrete
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Across Rd), Water View, Sandy Bottom, Great Lake
  • Waterfront Frontage: 242

Garage/Parking

  • Driveway: Brick
  • Garage Capacity: 1
  • Primary Garage: Detached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Central Air, Forced Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Heat, Lawn Care, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 6500
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Clubhouse, Exercise Facility, Lake Privileges, Pool
  • Development Name: Le Bear Resort

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Evergreens
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Multi-Family, Rental History, Fractional Ownership

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Apr 5, 2017
Sold by
Staub Gary W
Bought by
Vella John C and Vella Theresa C Te
Seller's Agent
Ranae Ihme
LVR Realty, LLC
Buyer's Agent
Ranae Ihme
LVR Realty, LLC
List Price
$195,000
Sold Price
$154,000
Premium/Discount to List
-$41,000
-21.03%
Total Days on Market
263
Current Estimated Value
$386,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,091
Avg. Annual Appreciation
10.47%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vella John C $154,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $154,000 -21.0% $62 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
07/14/2016 07/14/16 For Sale $195,000 -- $78 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $2,579 $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

  • Ranae Ihme

    Seller's Agent in 2017

    Ranae Ihme

    LVR Realty, LLC

    (231) 218-2714

    47 in this area

    238 Total Sales

    Ranae Ihme
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1820184

Northern Great Lakes REALTORS® MLS

APN: 006-724-004-30

Michigan Leelanau County Glen Arbor 49636 Glen Arbor

5707 S Lake St Unit 4D, Glen Arbor, MI

This home is located at 5707 S Lake St Unit 4D, Glen Arbor, MI 49636 since 14 July 2016 and is currently estimated at $386,091, approximately $154 per square foot. This property was built in 2004. 5707 S Lake St Unit 4D is a home located in Leelanau County with nearby schools including Glen Lake Community Schools, Glen Lake Elementary School, and The Leelanau School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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