NOT LISTED FOR SALE

79851 Fernwood Dr Covert, MI 49043

Estimated Value: $726,000 - $909,000

4 Beds
3 Baths
2,432 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $434,900 $179 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,619/month

99 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Clubhouse
  • Recreation Room
  • Beach
  • Deck
  • Corner Lot: Yes

About This Home

As of May 2018

This exquisite newer home has amazing views of Lake Michigan and is a short walk to the shared private beach in the pristine Palisades Park area. The home features beautiful architectural design with high end wood flooring and trim throughout, 4 bedrooms and 3 baths. The home has three breathtaking levels with an abundance of light and a very open and airy feel, including a well appointed kitchen with beautiful granite countertops. There is an enclosed screened porch with lake views and a warm and inviting fireplace to keep you cozy on cool nights. Association amenities include tennis courts, private beach frontage, soda fountain, and clubhouse with internet. A great place to create your summer memories today!

Last Agent to Sell the Property

Amy O'Sullivan

Jaqua REALTORS License #6506040161 Listed on: 01/17/2018

Jaqua REALTORS

Last Buyer's Agent

David Emmons

Five Star Real Estate License #6501315687

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,524

Year Built

  • Built in 2005

Lot Details

  • 0.4 Acre Lot
  • 1,200 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Corner Lot: Yes
  • Lot Has A Rolling Slope

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Screened Porch
  • Water Views
  • Walk-Out Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Deck

Utilities

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

Community Details

Overview

  • Association fees include snow removal
  • $10,000 HOA Transfer Fee

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,524

Year Built

Built in 2005

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 3
  • 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: Irr
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2432.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 7524.2
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Waterfront Options:Water Frontage3: 1200.0
  • Lot Description:Corner Lot: Yes
  • Driveway:Unpaved: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Substructure:Walk Out: Yes
  • General Property Info:SqFt Above Grade: 2432.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2432.0
  • Window Features: Low-Emissivity Windows
  • General Property Info:Stories2: 3.0
  • Kitchen Features:Eating Area: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Scrn Porch
  • List Price: 439900.0
  • Lot Features: Corner Lot, Rolling Hills
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Beach Area, Clubhouse, Playground, Restaurant/Bar, Tennis Court(s)
  • Association Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 1800.0
  • Association Info:Assoc Buy in Fee: 10000
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:RestaurantBar: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: Irr
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7524.2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
May 25, 2018
Sold by
Fox Margaret Ann
Bought by
Dunning Karla
Seller's Agent
Amy O'Sullivan
Jaqua REALTORS
Buyer's Agent
David Emmons
Five Star Real Estate
List Price
$464,900
Sold Price
$434,900
Premium/Discount to List
-$30,000
-6.45%
Current Estimated Value
$733,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,413
Avg. Annual Appreciation
8.10%
Original Mortgage
$305,430
Outstanding Balance
$191,321
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$572,544

Purchase Details

Closed on
Jun 4, 2002
Sold by
Molinaro Michael J and Molinaro Jan S
Bought by
Fox Tom and Fox Margaret
Source: Public Records

Range of Values:

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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
Dunning Karla $434,900 Chicago Title Of Michigan In
Fox Tom $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunning Karla $305,430
Previous Owner Fox Margaret Ann $290,000
Previous Owner Fox Tom $316,000
Previous Owner Fox Tom $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $434,900 -6.5% $179 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $464,900 -- $191 / 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
2024 $5,675 $391,500 $0 $0
2023 $5,405 $237,500 $0 $0
2022 $8,143 $164,600 $0 $0
2021 $7,823 $158,800 $42,700 $116,100
2020 $7,717 $158,800 $42,700 $116,100
2019 $7,527 $157,000 $157,000 $0
2018 $7,576 $171,600 $171,600 $0
2017 $7,524 $155,800 $0 $0
2016 $7,310 $155,400 $0 $0
2015 $4,700 $155,400 $0 $0
2014 $4,720 $153,400 $0 $0
2013 -- $162,600 $162,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18001748

Southwestern Michigan Association of REALTORS®

APN: 80-07-409-001-01