NOT LISTED FOR SALE

7291 Homer Lake Rd Shelby, MI 49455

Estimated Value: $360,832 - $450,000

2 Beds
1.5 Baths
993 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $245,000 $247 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,535/month

31 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Deck
  • Deeded Waterfront Access Rights
  • A-Frame, Dome or Log Home
  • Wooded Lot

About This Home

As of August 2020

You are going to love this private getaway on Homer Lake! Beautifully built and maintained chalet style log home with top notch finishes like Brazilian koa hardwood floors and granite counter tops. Main floor laundry, bedroom and full bath, with a loft and private half bath above. Also, a screened in porch perfect for entertaining or reading and taking in nature. With floor to ceiling windows facing Homer Lake, you'll enjoy views from every floor. Furniture is negotiable, with a few exceptions. You'll feel like you're in a private hideaway, yet the fun of Silver Lake, Lake Michigan and Stony Lake is just minutes away!

Last Agent to Sell the Property

Sarah Tarnowski

Coldwell Banker Anchor-Pentwater License #6501329850 Listed on: 06/03/2020

Last Buyer's Agent

Mary Jo Schaner

Coldwell Banker Anchor-Hart License #6501341710

Coldwell Banker Anchor-Hart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 2005

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 1291 x 250 x 18 x 1111
  • Private Waterfront
  • 250 Feet of Waterfront
  • The property's road front is unimproved
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • A-Frame, Dome or Log Home
  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 993 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Docks
  • Deck

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,547

Year Built

Built in 2005

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Log Home
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1291 x 250 x 18 x 1111
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 993.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2547.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Waterfront Options:Water Frontage3: 250.0
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Driveway:Gravel: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 993.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style Log Home: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Pantry
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 993.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Log
  • Exterior Features: Scrn Porch
  • List Price: 249000.0
  • Lot Features: Wooded, Rolling Hills
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Homer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Log: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 450.0
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Dimensions: 1291 x 250 x 18 x 1111
  • Lot Size Sq Ft: 435600.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2547.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 7, 2020
Sold by
Erickson Paul R and Erickson Annmarie
Bought by
Reid Kelly L and Colgan Patrick M
Seller's Agent
Sarah Tarnowski
Coldwell Banker Anchor-Pentwater
Buyer's Agent
Mary Jo Schaner
Coldwell Banker Anchor-Hart
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$397,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,611
Avg. Annual Appreciation
7.70%
Original Mortgage
$196,000
Outstanding Balance
$174,958
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$182,706

Purchase Details

Closed on
May 4, 2015
Sold by
Erickson Paul R and Erickson Annmarie
Bought by
The Erickson Family Trust

Purchase Details

Closed on
May 1, 1992
Source: Public Records

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
Reid Kelly L -- Oceana Land Title Agency Inc
The Erickson Family Trust -- None Available
-- $18,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Kelly L $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $245,000 -1.6% $247 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $249,000 -- $251 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $4,553 $134,100 $134,100 $0
2024 $1,176 $128,500 $128,500 $0
2023 $3,349 $90,700 $90,700 $0
2022 $3,349 $80,600 $0 $0
2021 $3,345 $74,000 $74,000 $0
2020 $2,519 $70,600 $70,600 $0
2019 $2,546 $69,200 $0 $0
2018 $2,359 $62,900 $0 $0
2017 $2,359 $61,000 $0 $0
2016 -- $67,000 $0 $0
2013 -- $69,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20019806

Southwestern Michigan Association of REALTORS®

APN: 011-009-200-20