NOT LISTED FOR SALE

79985 Fernwood Dr Covert, MI 49043

Estimated Value: $240,000 - $421,000

3 Beds
1 Bath
725 Sq Ft
$501/Sq Ft Est. Value

Last Sold September 06, 2017

Last sale price $129,000 $178 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $2,377/month

9 Days on Market

Highlights

  • Beach
  • Clubhouse
  • Wooded Lot
  • Water Access
  • Recreation Room
  • Wood Flooring

About This Home

As of September 2017

Vintage cottage located in Palisades Park. Boasts original wood floors, woodwork, floor to ceiling fireplace, wrap-around screened porch, and a basement for storage. The extra large lot offers plenty of room for parking. Palisades Park is a rustic Lake Michigan front community nestled in the dunes with 600 acres of woods, 3/4 mile of shoreline, 10 tennis courts, clubhouse, soda bar, playground and scheduled activities for all who want to participate. This cottage is a diamond in the rough! With a little elbow grease and a freshening up it will be adorable.

Last Agent to Sell the Property

Mark Young

Jaqua REALTORS License #6501310404 Listed on: 08/12/2017

Jaqua REALTORS

Last Buyer's Agent

Carolee Dalrymple

The Home Source Group License #6506045404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 1930

Lot Details

  • 0.27 Acre Lot
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Porch

Utilities

  • No Heating
  • Septic System

Community Details

Overview

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

Amenities

  • Restaurant
  • Clubhouse
  • Meeting Room

Recreation

  • Beach
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,409

Year Built

Built in 1930

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 725.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2409.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • General Property Info:SqFt Above Grade: 725.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 725.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 725.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 139900.0
  • Lot Features: Wooded
  • Patio and Porch Features: Porch(es)
  • Road Frontage Type: Private Road
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Beach Area, Clubhouse, Meeting Room, Playground, Restaurant/Bar, Tennis Court(s)
  • 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
  • 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:Meeting Room: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 11900.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2409.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Sep 5, 2017
Sold by
The Robert Gustafson Self Declaration Tr
Bought by
Whitmer Ii Charles I and Bucher Jeffrey P
Seller's Agent
Mark Young
Jaqua REALTORS
Buyer's Agent
Carolee Dalrymple
The Home Source Group
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%
Current Estimated Value
$362,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,997
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
May 11, 2011
Sold by
Gustafson Robert I and Gustafson Judith H
Bought by
Gustafson Robert and Robert Gustafson Self Declaration Of Tru
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
Whitmer Ii Charles I $129,000 Chicago Title Of Michigan In
Gustafson Robert -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2017 09/06/17 Sold $129,000 -7.8% $178 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $139,900 -- $193 / 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
2025 $2,967 $186,200 $0 $0
2024 $2,967 $166,200 $0 $0
2023 $2,826 $112,900 $0 $0
2022 $4,258 $86,000 $0 $0
2021 $4,141 $84,100 $45,400 $38,700
2020 $4,087 $84,100 $45,400 $38,700
2019 $4,017 $83,800 $83,800 $0
2018 $3,894 $82,500 $82,500 $0
2017 $2,441 $74,800 $0 $0
2016 $2,372 $75,000 $0 $0
2015 $1,490 $75,000 $0 $0
2014 $1,462 $74,800 $0 $0
2013 -- $86,800 $86,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17040829

Southwestern Michigan Association of REALTORS®

APN: 80-07-411-001-50