NOT LISTED FOR SALE

7842 W M-68 Hwy Unit C2 Indian River, MI 49749

Estimated Value: $437,000 - $524,000

2 Beds
2 Baths
1,140 Sq Ft
$200/mo HOA Fee

Last Sold September 19, 2016

Last sale price $186,000 $163 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,167/month

361 Days on Market

Highlights

  • 510 Feet of Waterfront
  • Deck
  • First Floor Utility Room
  • Docks
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of September 2016

Enjoy care free living on the Shores of Burt Lake. This condo offers a great location allowing you a short trip into Petoskey or Harbor Springs. You are also a short drive from the I-75 Exit. The interior of this unit has been meticulously maintained. Being an end unit allows plenty of natural light and additional expansive views. A private dock to store your boat, very low HOA dues and the ability to offset the expense of ownership with rental income, make this a very sensible choice for your up north retr

Last Agent to Sell the Property

Geno D'angelo

Real Broker Listed on: 07/24/2015

Real Broker

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,863

Lot Details

  • 510 Feet of Waterfront

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,140 Sq Ft Home
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Burt Lake Shores Association

Listing and Financial Details

  • Assessor Parcel Number 161-B04-000-010-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,863

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 26
  • Second Address Number: 7842
  • Directions: M-68 west of Indian River the unit is in the building to the left as you enter the driveway.
  • Price per Sq Ft: 163.16
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Deck, Dishwasher, Dock, Dryer, Garbage Disposal, Mini Blinds, Paved Drive, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 1140
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1140
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Burt
  • Waterfront Frontage: 510
  • Waterfront Water Access: Water Access
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: One and Half

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Burt Lake Shores
  • Association: Yes
  • Condo Unit Number: C - 2
  • Condo: Yes
  • Fees: 2400

Schools

  • School District: Inland Lakes
  • School District: Inland Lakes

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 161-B04-000-010-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 19, 2016
Sold by
Clark David W and Clark Jane L
Bought by
Mcguire Jalene Ann
Seller's Agent
Geno D'angelo
Real Broker
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$199,000
Sold Price
$186,000
Premium/Discount to List
-$13,000
-6.53%
Current Estimated Value
$484,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,494
Avg. Annual Appreciation
11.11%
Original Mortgage
$167,400
Outstanding Balance
$77,402
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,092

Purchase Details

Closed on
Aug 1, 1996
Sold by
Berry Eugene
Bought by
Hellner Alphonsus and Hellner Kathleen
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
Mcguire Jalene Ann -- Crossroads Title
Hellner Alphonsus $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Jalene Ann $167,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2016 09/19/16 Sold $186,000 -6.5% $163 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/24/2015 07/24/15 For Sale $199,000 -- $175 / 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 $4,863 $191,600 $0 $0
2024 $1,298 $160,700 $0 $0
2023 $1,244 $148,400 $0 $0
2022 $1,185 $118,900 $0 $0
2021 $4,315 $107,000 $107,000 $0
2020 $4,155 $99,300 $99,300 $0
2019 $4,098 $94,200 $94,200 $0
2018 $4,371 $101,300 $0 $0
2017 $4,235 $99,200 $0 $0
2016 $4,323 $116,900 $0 $0
2015 -- $115,600 $0 $0
2014 -- $105,700 $0 $0
2012 -- $101,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geno D'angelo

    Seller's Agent in 2016

    Geno D'angelo

    Real Broker

    (231) 330-4863

    224 Total Sales

    Geno D'angelo
    Section Image

  • N

    Buyer's Agent in 2016

    Non member Emmet

    Emmet Association of Realtors

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 445608

Northern Michigan MLS

APN: 161-B04-000-010-00

Michigan Cheboygan County Indian River 49749

7842 W M-68 Hwy Unit C2, Indian River, MI

This home is located at 7842 W M-68 Hwy Unit C2, Indian River, MI 49749 since 24 July 2015 and is currently estimated at $484,494, approximately $424 per square foot. 7842 W M-68 Hwy Unit C2 is a home located in Cheboygan County with nearby schools including Inland Lakes Elementary School, Inland Lakes Secondary School, and Northern Michigan Christ Academy.

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 Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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