Seller's Agent in 2021
Donald Fedrigon
RE/MAX Michigan
(231) 264-5400
500 Total Sales
7437 Terrace Ave Elk Rapids, MI 49629
Estimated Value: $778,000 - $1,219,000
5
Beds
2
Baths
2,673
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Sandy Beach
- Elk Rapids High School Rated A-
- Private Dock
- Bay View
About This Home
As of June 2021JUST LISTED ON ELK LAKE! Get ready to enjoy all the best of waterfront living on the highly sought-after Chain-of-Lakes. Sit on the deck to enjoy the spectacular views of the lake and your private frontage. With over 2,673 square feet of living space this home has plenty of room for you to invite your family and friends for a visit. As you tour this home you will discover 5 bedrooms, 2 baths, hickory flooring, walkout lower level, main floor owner’s suite, central air, large deck, covered porch and more. This home has been well maintained and is great for seasonal use or year around living. Get ready to start exploring the miles of shoreline of Elk Lake, Torch Lake and Lake Skegemog. Watch the sunrise while enjoying your morning coffee on the beach in this peaceful and serene setting. Spend your days swimming and boating in the crystal-clear waters. Take the boat into Elk Rapids for dinner and ice cream. Gather around the firepit in the evenings to share stores and s’mores. Great location and convenient to all the nearby quaint villages and towns, so many places to explore. This is the “up north retreat” you have been looking for.
Last Agent to Sell the Property
RE/MAX Of Elk Rapids License #6502117560 Listed on: 04/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,412
Year Built
- Built in 1950
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 43 x 160 x 40 160
- Private Waterfront
- 43 Feet of Waterfront
- Sandy Beach
- Fenced Yard
- Landscaped
- Sprinkler System
- Wooded Lot
- The community has rules related to zoning restrictions
Home Design
- Block Foundation
- Frame Construction
- Asphalt Roof
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,673 Sq Ft Home
- 2-Story Property
- Paneling
- Cathedral Ceiling
- Ceiling Fan
- Blinds
- Bay Window
- Entrance Foyer
- Workshop
- Bay Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 2 Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
Outdoor Features
- Deeded Waterfront Access Rights
- Private Dock
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Well
- Cable TV Available
Community Details
Overview
- Maple Harbor Community
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2021
Closed on
Jun 4, 2021
Sold by
Durkee Fam Protection T
Bought by
Bodiker Jodi L and Bodiker Michael S
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Christian Nelson
RE/MAX Of Elk Rapids
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,161
Avg. Annual Appreciation
2.51%
Original Mortgage
$450,000
Outstanding Balance
$339,493
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$495,592
Purchase Details
Closed on
Nov 20, 2020
Sold by
Durkee John L and Durkee Kimberly A
Bought by
Durkee T
Purchase Details
Closed on
May 3, 2004
Bought by
Durkee John L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bodiker Jodi L | $750,000 | Riverside Title | |
| Bodiker Michael S | $750,000 | None Available | |
| Durkee T | -- | None Available | |
| Durkee John L | -- | None Available | |
| Durkee John L | $402,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bodiker Jodi L | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $750,000 | -3.2% | $281 / Sq Ft |
| 04/20/2021 04/20/21 | For Sale | $775,000 | -- | $290 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $7,664 | $297,200 | $0 | $0 |
| 2024 | $65 | $275,500 | $0 | $0 |
| 2023 | $6,245 | $236,200 | $0 | $0 |
| 2022 | $6,939 | $174,000 | $0 | $0 |
| 2021 | $5,616 | $165,000 | $0 | $0 |
| 2020 | $5,412 | $156,100 | $0 | $0 |
| 2019 | $5,482 | $152,900 | $0 | $0 |
| 2018 | $5,356 | $144,300 | $0 | $0 |
| 2017 | $5,257 | $142,700 | $0 | $0 |
| 2016 | $4,410 | $135,200 | $0 | $0 |
| 2015 | -- | $129,600 | $0 | $0 |
| 2014 | -- | $135,100 | $0 | $0 |
| 2013 | -- | $131,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Donald Fedrigon
-
Christian Nelson
Buyer's Agent in 2021
Christian Nelson
RE/MAX Michigan
(231) 534-4512
124 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1886391
APN: 05-06-475-008-00
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.
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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