NOT LISTED FOR SALE

7478 Way Rd Honor, MI 49640

Estimated Value: $395,000 - $639,000

3 Beds
1 Bath
1,544 Sq Ft
$319/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $350,000 $227 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,657/month

23 Days on Market

Highlights

  • 32 Acre Lot
  • Deck
  • Loft
  • Countryside Views
  • Wooded Lot
  • Great Room

About This Home

As of November 2022

Lake Michigan and beaches are less than 3 miles away, in the Sleeping Bear Dunes National Lakeshore. Absolutely one of the most private and peaceful 30-plus acre settings you will tour. Located in northern Benzie County, Platte Twp. Long private drive takes you through hardwoods. The 3 BR log-sided home sits in a delightful open area with occasional trees, including apple trees. Watch wildlife or star gaze from the front deck. Raise livestock, plant crops or establish a garden and still have room for outbuildings. Home appears to have “good bones” and includes wood floors and walls and an updated roof and furnace. Main level features a great room with log-beamed ceiling, brick chimney and tiled hearth for woodstove, kitchen with beamed ceiling, two bedrooms, full bath and laundry. Upstairs open loft could be used for additional sleeping or a den. A room for your canning or wine cellar awaits in the full basement with indoor and outdoor access. A breezeway conveniently connects the home to the 2-car garage, plus there’s a detached garage/workshop building. West side of property is hardwoods then planted pines. Some potential future timber value. Across the road to the East is state land. Down the road is the North Branch of the Platte River. Lots of potential here, with some elbow grease and appliance upgrades, to turn this rustic dwelling into a modern-day Up North retreat or year-round home. Being sold as-is.

Last Agent to Sell the Property

Christine Stapleton

Stapleton Realty Listed on: 10/06/2022

Last Buyer's Agent

Christine Stapleton

Stapleton Realty Listed on: 10/06/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 32 Acre Lot
  • Lot Dimensions are 2640 x 528
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,544 Sq Ft Home
  • 1.5-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Great Room
  • Loft
  • Countryside Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Additional Features

  • Deck
  • Mineral Rights

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1981
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Loft, Great Room, Beamed Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12.4x10.6, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 12.10x7.6, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 39.8x10.4, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 18.10x8.6, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 22.5x16.3, On Level: Main Floor, Flooring: Wood
  • Range: R 14W
  • Total Finished Sf Apx: 1544

Exterior Features

  • Additional Buildings: Workshop
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Log Siding
  • Foundation: Full
  • Number Of Acres: 32
  • Road: Public Maintained, Gravel
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Lot Info

  • Land Features: Wooded-Hardwoods, Cleared, Level
  • Lot Dimensions: 2640 x 528
  • Mineral Rights: Yes
  • Parcel Description: Joins State/Federal Land, Metes and Bounds
  • Zoning Use Restrictions: Horses Allowed, Outbuildings Allowed, Rural

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 30, 2022
Sold by
Luedi Mark A
Bought by
Bran Thomas Meade and Reeber-Meade Amy M
Seller's Agent
Christine Stapleton
Stapleton Realty
Buyer's Agent
Christine Stapleton
Stapleton Realty
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Views
40
Current Estimated Value
$492,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,499
Avg. Annual Appreciation
11.45%
Original Mortgage
$250,000
Outstanding Balance
$242,304
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$250,195
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Bran Thomas Meade $350,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bran Thomas Meade $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $350,000 -12.5% $227 / Sq Ft
10/06/2022 10/06/22 For Sale $399,900 -- $259 / 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 $1,296 $188,800 $0 $0
2024 $13 $164,200 $0 $0
2023 $1,210 $128,300 $0 $0
2022 -- $122,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1905640

Northern Great Lakes REALTORS® MLS

APN: 11-017-011-00