NOT LISTED FOR SALE

79947 Fernwood Ln Covert, MI 49043

Estimated Value: $256,000 - $514,000

2 Beds
1 Bath
480 Sq Ft
$786/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $160,000 $333 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,329/month

Highlights

  • Beach
  • Clubhouse
  • Recreation Room
  • Water Access
  • Deck
  • Wood Flooring

About This Home

As of August 2018

Cute as can be tiny home in historic resort community along the shores of Lake Michigan. This adorable quiet bungalow, nestled in the trees, is one of a kind with zero steps to entry and plenty of parking. Known as ''The Captain's Quarters'' has all been lovingly restored with all new plumbing, electrical, wood custom cabinets and restored pine floors. It comes fully furnished with all new furniture, bedding, pots and pans. This is turn key and move in ready to allow time to enjoy the numerous organized resort activities such as group tennis lessons, clubhouse events, golf cart parade, annual ethnic dinner, nature hikes, 1/2 mile swim competition and tennis tournaments. Or take joy in the private beach frontage, scenic boardwalk, nature trails galore, soda fountain shop, tennis courts, playground, basketball court and baseball diamond. Bring your suitcase to Live, Love Lake Michigan at Palisades Park!

Last Agent to Sell the Property

Christine Norland

Jaqua Realtors License #6506047714 Listed on: 08/06/2018

Jaqua Realtors

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1950

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 50x65x51x55
  • The property's road front is unimproved

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Partial Basement
  • Oven
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Entrance
  • Stepless Entry

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating
  • Electric Water Heater
  • Septic System

Community Details

Overview

  • Association fees include water, trash
  • $10,000 HOA Transfer Fee

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Baseball Field
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 1950

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x65x51x55
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 480.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2972.05
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Water:Public2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Air Conditioning:Window Unit(s): Yes
  • General Property Info:Condo Proj Name: Palisades Park
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • General Property Info:SqFt Above Grade: 480.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator
  • Accessibility Features: Accessible Entrance
  • Flooring: Wood
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 480.0
  • Window Features: Screens, Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Concrete, Wood Siding
  • List Price: 179900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Concrete: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Amenities: Baseball Diamond, Beach Area, Clubhouse, Pets Allowed, Playground, Tennis Court(s), Other
  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 2000.0
  • Association Info:Assoc Buy in Fee: 10000
  • Association Info:Assoc Fee Payable: Annually
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Baseball Diamond: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Water, Trash

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 50x65x51x55
  • Lot Size Sq Ft: 4500.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2972.05
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Aug 22, 2018
Sold by
Sutton Edwin James
Bought by
Speicher Leigh
Seller's Agent
Christine Norland
Jaqua Realtors
Buyer's Agent
Non Member
Non-Member
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
Current Estimated Value
$377,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,276
Avg. Annual Appreciation
12.82%
Original Mortgage
$136,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2016
Sold by
Oberheu Walter F and Strehlow Laura L
Bought by
Sutton Edwin James

Purchase Details

Closed on
Aug 18, 2008
Sold by
Oberheu Walter F and Strehlow Laura L
Bought by
Oberheu Walter F and Strehlow Laura L

Purchase Details

Closed on
Apr 23, 2007
Sold by
Hartman Edith
Bought by
Oberheu Walter and Strehlow Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.18%
Mortgage Type
Unknown
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
Speicher Leigh $160,000 None Available
Sutton Edwin James $100,000 None Available
Oberheu Walter F -- None Available
Oberheu Walter $170,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speicher Leigh $136,000
Previous Owner Oberheu Walter $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $160,000 -20.0% $333 / Sq Ft
08/06/2018 08/06/18 For Sale $199,900 -- $416 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
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 $2,034 $116,000 $0 $0
2024 $2,034 $106,600 $0 $0
2023 $1,937 $75,000 $0 $0
2022 $2,919 $59,100 $0 $0
2021 $3,083 $63,400 $40,500 $22,900
2020 $3,081 $63,400 $40,500 $22,900
2019 $3,024 $63,100 $63,100 $0
2018 $3,153 $66,800 $66,800 $0
2017 $3,424 $63,400 $0 $0
2016 $2,972 $63,400 $0 $0
2015 $1,991 $63,400 $0 $0
2014 $2,097 $63,000 $0 $0
2013 -- $72,700 $72,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Norland

    Seller's Agent in 2018

    Christine Norland

    Jaqua Realtors

    (269) 408-6412

    191 Total Sales

    Christine Norland
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non-Member

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17032047

Southwestern Michigan Association of REALTORS®

APN: 80-07-412-002-00

Michigan Van Buren County Covert 49043

79947 Fernwood Ln, Covert, MI

This home is located at 79947 Fernwood Ln, Covert, MI 49043 since 06 August 2018 and is currently estimated at $377,276, approximately $785 per square foot. This property was built in 1950. 79947 Fernwood Ln is a home located in Van Buren County with nearby schools including Covert Elementary School, Covert Middle School, and Covert High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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