NOT LISTED FOR SALE

7285 Cairn Hwy Unit 3 Kewadin, MI 49648

Estimated Value: $255,000 - $350,000

1 Bed
1 Bath
320 Sq Ft
$27/mo HOA Fee

Last Sold October 15, 2019

Last sale price $100,000 $312 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,812/month

55 Days on Market

Highlights

  • 238 Feet of Waterfront
  • Docks
  • Wood Frame Window
  • Elk Rapids High School Rated A-
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of October 2019

Great cottage on Elk Lake. Up-North get-away that offers 235' of shared frontage, 21'of it deeded. Sandy beach includes private dock with docking privileges. Part of the "Chain of Lakes" with great water sports activities, fishing and more. Condo can be great investment rental property as well. Close to parks, restaurants, grocery. Many activities, pets allowed, play area for kids. Square footage and room dimensions may not be exact.

Last Agent to Sell the Property

David Handley

Key Realty One License #6502357793 Listed on: 06/24/2019

Last Buyer's Agent

David Handley

Key Realty One License #6502357793 Listed on: 06/24/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1946

Lot Details

  • 0.89

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 320 Sq Ft Home
  • Wood Frame Window
  • Living Room
  • Water Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Docks
  • 238 Feet of Waterfront

Community Details

  • Florian's Cottages (Kewadin) Association

Listing and Financial Details

  • Assessor Parcel Number 05-12-648-003-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,098

Year Built

Built in 1946

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1946
  • Lvt Date: 06/24/2019
  • Section: 11
  • S E V Yr: $62,800 2018
  • Second Address Number: 7285
  • Directions: From US 31 East on Ames St. to Cairn Hwy continue to the north end of Elk Lake just a short distance past the post office Property is on the South side of the street.
  • Price per Sq Ft: 312.5
  • OFFICELIST_STATE: MI
  • Street Designation: Highway
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1946

Interior Features

  • Features: Dock
  • Total Finished Sq Ft: 320
  • Master Bedroom: Dimensions: 8X10, On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Slab
  • Dining Room: On Level: N/A
  • Kitchen: Dimensions: 13X7, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13X10, On Level: Main
  • Above Grade Finished Sq Ft: 320
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 1
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Concrete/Block
  • Lake: Elk Lake
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 238
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Utilities

  • Heat Type: Natural Gas
  • Sewer: Community
  • Water: Community
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Florian's Cottages (Kewadin)
  • Association: Yes
  • Condo Unit Number: 3
  • Condo: Yes
  • Fees: 320

Schools

  • School District: Elk Rapids
  • School District: Elk Rapids

Lot Info

  • Estimated Lot Dimensions: 26X33
  • Estimated Number of Acres: 0.89
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 05-12-648-003-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 15, 2019
Sold by
Crowley James M
Bought by
Miller Bernard F and Miller Lisa L
Seller's Agent
David Handley
Key Realty One
Buyer's Agent
David Handley
Key Realty One
List Price
$124,900
Sold Price
$100,000
Premium/Discount to List
-$24,900
-19.94%
Current Estimated Value
$288,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,026
Avg. Annual Appreciation
16.45%

Purchase Details

Closed on
Jan 11, 2005
Bought by
Crowley James M
Source: Public Records

Range of Values:

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Average Value
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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
Miller Bernard F $100,000 --
Miller Lisa L $100,000 None Available
Crowley James M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $100,000 -19.9% $313 / Sq Ft
06/24/2019 06/24/19 For Sale $124,900 -- $390 / Sq Ft
Source: Northern Michigan 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 $3,098 $118,200 $0 $0
2024 $26 $108,100 $0 $0
2023 $2,522 $93,900 $0 $0
2022 $2,787 $76,700 $0 $0
2021 $2,684 $74,400 $0 $0
2020 $2,588 $67,100 $0 $0
2019 $1,791 $62,800 $0 $0
2018 $1,775 $62,900 $0 $0
2017 $1,742 $63,500 $0 $0
2016 $1,445 $56,400 $0 $0
2015 -- $53,900 $0 $0
2014 -- $52,500 $0 $0
2013 -- $54,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 459164

Northern Michigan MLS

APN: 05-12-648-003-00