$170,000
SOLD MAY 1, 2020

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

Glen Arbor Neighborhood
2 Beds
2.5 Baths
2,500 Sq Ft
218 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

17% Below List Price

106 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Indoor Pool
  • Bay View
  • 242 Feet of Waterfront
  • Sauna
  • Lake Privileges

About This Home

As of October 2020

LeBear Resort - a five star luxury residential club, built in 2004 with a 2019 interior renovation, this property offers unsurpassed lakeside living for the whole family. Each residence boasts ample living space with a master suite (king bed), second bedroom (queen and pyramid beds), private study/third bedroom (queen sofa sleeper), and if needed for a separate sleeping area, a queen sofa sleeper in the family room. There is a strict occupancy limit of eight persons. If desired, there is a one bedroom owner's apartment that can be rented in conjunction with a deeded week for up to four additional family/friends. Or, LeBear owners can rent it anytime simply to enjoy LeBear living more often that 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 is not available for vehicles but 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, and a groomed sand beach with fire ring for gathering together and enjoying s'mores. Residence 5 is a second floor Lake Street side end-residence that affords amazing sunset views from various areas inside the residence as well as from the larger wrap around covered porch. Residence 5 also has a larger courtyard side screened entrance with rocking chairs. 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, five-minute drive to Sleeping Bear Dunes, and about twenty-five minutes from Traverse City.

Last Agent to Sell the Property

Nicollette Hammond

Birchwood Realty Listed on: 01/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $567 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Game Room
  • Sauna
  • Home Gym
  • Bay Views

Kitchen

  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Brick Driveway
  • Shared Driveway

Accessible Home Design

  • Handicap Accessible
  • Stepless Entry

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Deck
  • Covered patio or porch

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Community Well
  • Shared Septic
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse
  • Elevator

Recreation

  • Exercise Course
  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 2004

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2004
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 22
  • Univs Design Barrier Free: No Steps Entry, Elevator
  • Year Updated: 2019
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Washer, Dryer, Hot Tub, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Indoor Pool, Sauna, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Den/Study, Exercise Room, Game Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 19x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x13, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Wood
  • Family Room: On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13x11, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19x15, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2500
  • Price Per Sq Ft: 68
  • Range: R 14W
  • Total Finished Sf Apx: 2500

Exterior Features

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

Garage/Parking

  • Driveway: Brick, Shared
  • Garage Capacity: 1
  • Primary Garage: Detached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood, Masonry
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Shared Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Community Well, Shared Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Heat, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 6800
  • Condo: Yes
  • Condo Unit Access: Elevator, No Steps, Stairway (Outdoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Annual

Association/Amenities

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

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Fractional Ownership

Tax Info

  • Taxable Value: 74649

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Aug 25, 2016
Sold by
Sanford Cecily A Trust
Bought by
Briner Barbara J
Seller's Agent
Jules Yates
REMAX Bayshore - Union St TC
Buyer's Agent
Jules Yates
REMAX Bayshore - Union St TC
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$484,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,036
Avg. Annual Appreciation
6.55%
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 Type Sale Price Title Company
Grant Deed $195,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $157,000 -3.0% $63 / Sq Ft
09/23/2020 09/23/20 For Sale $161,900 -4.8% $65 / Sq Ft
05/01/2020 05/01/20 Sold $170,000 -17.1% $68 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $205,000 +5.1% $82 / Sq Ft
08/29/2016 08/29/16 Sold $195,000 -13.3% $85 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $225,000 -- $98 / 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
2025 $2,439 $151,500 $0 $0
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

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1871223

Northern Great Lakes REALTORS® MLS

APN: 006-724-005-70