NOT LISTED FOR SALE

5707 S Lake St Unit 5-F Glen Arbor, MI 49636

Glen Arbor Neighborhood

Estimated Value: $217,000 - $1,008,000

3 Beds
2.5 Baths
2,300 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 23, 2014

Last sale price $160,000 $70 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $3,416/month

73 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Indoor Pool
  • Clubhouse
  • 242 Feet of Waterfront
  • Bay View
  • Deck

About This Home

As of January 2014

TRUE LUXURY CONDO LIVING (Fractional Ownership - 1/8th) - Words can not describe this spectacular condominium located at LeBear Resort (a private gated enclave on the shores of Lake Michigan in Glen Arbor, Michigan). This home is located on the second floor and overlooks the Sleeping Bear Dunes National Lakeshore (Voted as "The most beautiful place in America"). The property features anything and everything you could ever expect from a private, luxury resort. Indoor and outdoor pools, full service spa, wide sandy beach with fire pit, full concierge, house keeping, your own garage and even an onsite restaurant. No expense has been spared in this family friendly resort... It must be seen to be appreciated. It is fractional ownership at it's best! Your chance to own a Million Dollar home at a fraction of the price.

Last Listed By

Jules Yates

REMAX Bayshore - Union St TC License #6502357921 Listed on: 10/07/2013

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 2004

Lot Details

  • 242 Feet of Waterfront
  • Landscaped
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Den
  • Home Gym
  • Bay Views
  • Home Security System
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • 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

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Pool

  • Indoor Pool
  • In Ground Pool
  • Above Ground Pool

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Property is near a Great Lake

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse
  • Elevator

Recreation

  • Exercise Course
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,067

Year Built

Built in 2004

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2004
  • Construction: Timber Frame
  • Private Shared: Shared
  • Section Number: 22
  • Univs Design Barrier Free: Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Trash Compactor, Water Softener Owned, Security System, Freezer, Exhaust Fan, Blinds, Drapes, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Indoor Pool, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Den/Study, Exercise Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 19x11, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x13, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x11, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Family Room: Dimensions: 24x11, Flooring: Carpet
  • Kitchen: Dimensions: 13x11
  • Living Room: Dimensions: 19x15, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2300
  • Price Per Sq Ft: 69.57
  • Range: R 14W
  • Total Finished Sf Apx: 2300

Exterior Features

  • Body Of Water: Lake Michigan
  • Exterior Features: Bay View, Sprinkler System, Above Ground Pool, In Ground Pool, Deck, Patio, Sidewalk, Handicap Access, Covered Porch, Landscaped, Enclosed Pool
  • Exterior Finish: Wood
  • Foundation: Poured Concrete, Unfinished, Shared Storage
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Water View, Rocky Shoreline, Great Lake
  • Waterfront Frontage: 242

Garage/Parking

  • Driveway: Shared
  • Garage Capacity: 2
  • Primary Garage: Detached, Concrete Floors

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Trash Removal
  • Annual Association Fees: 6000
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Indoor)
  • Condo Unit Level: Second Floor Level

Association/Amenities

  • Development Amenities: Clubhouse, Exercise Facility, Pool, Spa, Common Area
  • Development Name: Le Bear Resort

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: Irreg
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Building-Use Restrictions, Fractional Ownership

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Jan 23, 2014
Sold by
Sanford Cecily A Trust
Bought by
Sewall Joan
Seller's Agent
Jules Yates
REMAX Bayshore - Union St TC
Buyer's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Total Days on Market
73
Current Estimated Value
$492,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,601
Avg. Annual Appreciation
6.30%

Range of Values:

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List Price
Sold Price
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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
Sewall Joan $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2014 01/23/14 Sold $160,000 -5.3% $70 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $169,000 -- $73 / 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 $2,067 $108,500 $0 $0
2023 $676 $90,700 $0 $0
2022 $2,258 $68,100 $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

  • Jules Yates

    Seller's Agent in 2014

    Jules Yates

    RE/MAX Michigan

    (231) 642-9888

    4 in this area

    254 Total Sales

    Jules Yates
    Section Image
  • Maureen Penfold

    Buyer's Agent in 2014

    Maureen Penfold

    RE/MAX Michigan

    (231) 883-3133

    106 Total Sales

    Maureen Penfold
    Section Image
See All Agents

Map

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    • 5707-9C S Lake St
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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1777149

Northern Great Lakes REALTORS® MLS

APN: 006-724-005-50

Michigan Leelanau County Glen Arbor 49636 Glen Arbor

5707 S Lake St Unit 5-F, Glen Arbor, MI

Homes for Sale in Glen Arbor, MI

This home is located at 5707 S Lake St Unit 5-F, Glen Arbor, MI 49636 since 07 October 2013 and is currently estimated at $492,601, approximately $214 per square foot. This property was built in 2004. 5707 S Lake St Unit 5-F 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.

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