NOT LISTED FOR SALE

5707 S Lake St Unit 7-C Glen Arbor, MI 49636

Glen Arbor Neighborhood

Estimated Value: $341,000 - $377,000

3 Beds
2.5 Baths
2,500 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $135,000 $54 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,230/month

65 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Lake Privileges
  • 242 Feet of Waterfront
  • Indoor Pool
  • Cathedral Ceiling

About This Home

As of September 2018

Fractional ownership. Live like Royalty for 6 weeks out of every year at a phenomenal price. This center unit overlooks the pool and Lake Michigan beyond with its incredible change of moods from idyllic summer days to sunsets to gathering storms to Norman Rockwell-like winters! Top of the line EVERYTHING is the only way to describe this unit -- from the fireplace to the granite counters and top end appliances to the wonderful curving outdoor lounging areas. Along with the wonderful days and nights you'll spend here, you also have the option to rent the unit out for a solid income flow. Eat at the famous Blu restaurant downstairs or stroll one block into the village for all sorts of delights! Live like royalty is the PERFECT way to describe this lifestlye. Workout room, indoor pool, outdoor pool and miles and miles of beach wandering!

Last Agent to Sell the Property

Jack Lane

REO-TCRandolph-233022 License #6506036941 Listed on: 06/18/2018

REO-TCRandolph-233022

Last Buyer's Agent

Robin Vilter

Five Star Real Estate - Front St TC License #6501401177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 2004

Lot Details

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

Home Design

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

Interior Spaces

  • 2,500 Sq Ft Home
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Great Room
  • Formal Dining Room
  • Den
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

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

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Common Area
  • Elevator

Recreation

  • Exercise Course
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 2004

Lot Details

0

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, Washer, Dryer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Built-In Bookcase, Breakfast Nook, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Great Room, Den/Study
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 19x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x11, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 24x11, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13x11, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19x15, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2500
  • Price Per Sq Ft: 54
  • Range: R 14W
  • Total Finished Sf Apx: 2500

Exterior Features

  • Body Of Water: Lake Michigan
  • Exterior Features: In Ground Pool, Covered Porch, Enclosed Pool, Porch
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Sandy Bottom, Gradual Slope to Water, Great Lake, Sandy Shoreline
  • Waterfront Frontage: 242

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Detached, Door Opener, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Unknown
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Heat, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Outdoor)
  • Condo Unit Level: Second Floor Level

Association/Amenities

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

Schools

  • School District: Glen Lake Community Schools

Lot Info

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

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 29, 2018
Sold by
Allan Smith David
Bought by
Richardson Stephen and Richardson Carol
Seller's Agent
Jack Lane
REO-TCRandolph-233022
Buyer's Agent
Robin Vilter
Five Star Real Estate - Front St TC
List Price
$168,500
Sold Price
$135,000
Premium/Discount to List
-$33,500
-19.88%
Current Estimated Value
$365,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,159
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Glen Arbor Properties Llc
Bought by
Smith David Allan and Carol Anne
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
Richardson Stephen $135,000 --
Smith David Allan $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $135,000 -9.9% $54 / Sq Ft
08/06/2018 08/06/18 Price Changed $149,900 -11.0% $60 / Sq Ft
06/18/2018 06/18/18 For Sale $168,500 -- $67 / 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 $2,680 $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

  • Jack Lane

    Seller's Agent in 2018

    Jack Lane

    Real Estate One

    (231) 883-7444

    134 Total Sales

    Jack Lane
    Section Image
  • Robin Vilter

    Buyer's Agent in 2018

    Robin Vilter

    Five Star Real Estate - Front St TC

    (231) 642-1379

    2 in this area

    76 Total Sales

    Robin Vilter
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1848536

Northern Great Lakes REALTORS® MLS

APN: 006-724-007-20

Michigan Leelanau County Glen Arbor 49636 Glen Arbor

5707 S Lake St Unit 7-C, Glen Arbor, MI

This home is located at 5707 S Lake St Unit 7-C, Glen Arbor, MI 49636 since 18 June 2018 and is currently estimated at $365,159, approximately $146 per square foot. This property was built in 2004. 5707 S Lake St Unit 7-C 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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