NOT LISTED FOR SALE

623 Frankfort Ave Elberta, MI 49628

Estimated Value: $207,437

6 Beds
3 Baths
3,000 Sq Ft
$69/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $132,000 $44 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,402/month

273 Days on Market

Highlights

  • Bay View
  • Bay Window
  • Forced Air Heating and Cooling System
  • Deck

About This Home

As of February 2019

Investment opportunity in downtown Elberta. This commercial or residential triplex includes three, two, and one bedroom apartments with large outdoor decks and bay views. Appliances in each unit included. Near downtown Frankfort with shopping, restaurants, bike trail, and beautiful public beaches on Lake Michigan!

Last Agent to Sell the Property

Monica Cole

Century 21 Northland-Frankfort License #6501394643 Listed on: 04/13/2018

Last Buyer's Agent

Monica Cole

Century 21 Northland-Frankfort License #6501394643 Listed on: 04/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • The community has rules related to zoning restrictions

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Bay Views
  • Oven or Range

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 3 Units
  • Village Of Elberta Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,195

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: 2 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Section Number: 27
  • Year Updated: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Bay Windows
  • Price Per Sq Ft: 44
  • Range: R 16W
  • Total Finished Sf Apx: 3000

Exterior Features

  • Exterior Features: Bay View, Deck
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.11
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Bay View

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Wifi
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Village of Elberta

Schools

  • School District: Frankfort-Elberta Area Schools

Lot Info

  • Lot Dimensions: 100 x 50
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family, Commercial

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Feb 8, 2019
Sold by
Johnson Brian L and Johnson Susan A
Bought by
Matthew Daniel and Trust Daniel Pamela V
Seller's Agent
Monica Cole
Century 21 Northland-Frankfort
Buyer's Agent
Monica Cole
Century 21 Northland-Frankfort
List Price
$189,000
Sold Price
$132,000
Premium/Discount to List
-$57,000
-30.16%
Current Estimated Value
$207,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,437
Avg. Annual Appreciation
6.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Matthew Daniel $132,000 Other
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $132,000 -11.4% $44 / Sq Ft
08/31/2018 08/31/18 Price Changed $149,000 -11.8% $50 / Sq Ft
07/13/2018 07/13/18 Price Changed $169,000 -10.6% $56 / Sq Ft
04/13/2018 04/13/18 For Sale $189,000 -- $63 / 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 $3,195 $87,100 $0 $0
2024 $2,438 $90,300 $0 $0
2023 $2,326 $106,100 $0 $0
2022 -- $146,300 $0 $0
2021 -- $106,800 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Monica Cole

    Century 21 Northland-Frankfort

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1844912

Northern Great Lakes REALTORS® MLS

APN: 06-501-081-00

Michigan Benzie County Elberta

623 Frankfort Ave, Elberta, MI

This home is located at 623 Frankfort Ave, Elberta, MI 49628 since 13 April 2018 and is currently estimated at $207,437, approximately $69 per square foot. This property was built in 1950. 623 Frankfort Ave is a home located in Benzie County with nearby schools including Frankfort Elementary School and Frankfort High 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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