NOT LISTED FOR SALE

800 Lake St Frankfort, MI 49635

Estimated Value: $727,000 - $907,000

5 Beds
4 Baths
2,575 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $489,000 $190 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,949/month

174 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Bay View
  • Contemporary Architecture

About This Home

As of December 2020

Life on the Bay – Frankfort Style. Enjoy spectacular sunset views from your own lake home on Betsie Bay which offers access to the Betsie River and Lake Michigan with private water frontage. This home was designed for the nature lover with a large deck to view all that mother nature has to offer and views from almost every room in the home. This spacious 5 bedroom/4bath home has room for all with over 2500 sq. ft. on three levels. The lower level has plenty of storage and exits onto the patio with access to the lake. There is even a large storage shed in the backyard. Enjoy evening campfires watching the sun set over the bay! For morning walks or bike rides, the 22-mile-long Betsie Valley Trail is right out your front door extending from Frankfort through Beulah ending near Crystal Mountain. Enjoy a plethora of outdoor activities in the area from hiking, boating, golfing, skiing, fishing, kayaking and swimming just to name a few. This property is located on Frankfort’s scenic M22 and is close to Sleeping Bear Dunes, Lake Michigan beaches, Crystal Mountain, shopping, and dining in downtown Frankfort as well as a short drive to Traverse City. Spectacular drone footage available soon!

Last Agent to Sell the Property

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183 Listed on: 06/03/2020

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Jennifer Edson

Five Star Real Estate - Front St TC License #6501391530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,359

Year Built

  • Built in 2003

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 135x465x45x465
  • Private Waterfront
  • 460 Feet of Waterfront
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,575 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Patio
  • Shed

Location

  • Property is near a Great Lake

Schools

  • Frankfort Elementary School
  • Frankfort High Middle School
  • Frankfort High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,359

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2003
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 27
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Jetted Tub, Foyer Entrance, Pantry, Breakfast Nook, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Great Room
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 14'3"x15'4", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11'4"x11'5", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11'3"x12'10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12'8"x9'11", On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 4
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 4
  • Main Floor Primary: No
  • Dining Room: Dimensions: 12'10"x16'11, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 19'0"x11'2", On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 23'8"x15'5", On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 14'8"x14'8", On Level: Lower Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 2300
  • Estimated Below Grade Finished Sq Ft: 275
  • Estimated Below Grade Unfinished Sq Ft: 875
  • Price Per Sq Ft: 189.9
  • Range: R 16W
  • Total Finished Sf Apx: 2575

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Betsie Bay
  • Exterior Features: Bay View, Deck, Patio
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Block, Finished Rooms, Entrance Inside
  • Number Of Acres: 0.8
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Water View, Private Dock, Soft Bottom, Vegetation to Water Edge, Great Lake, Bay View
  • Waterfront Frontage: 460

Garage/Parking

  • Driveway: Gravel, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 4'0"x12'0", On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Schools

  • School District: Frankfort-Elberta Area Schools
  • Elementary School: Frankfort Elementary School
  • Middle School: Frankfort High School
  • High School: Frankfort High School

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Corner Lot, Wooded-Hardwoods, Evergreens, Level
  • Lot Dimensions: 135x465x45x465
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: $8369
  • Taxable Value: 175731
  • Total Taxes: 9359
  • Winter Taxes: $990
  • Year Summer: 2019
  • Year Winter: 2019

MLS Schools

  • Elementary School: Frankfort Elementary School
  • HighSchool: Frankfort High School
  • School District: Frankfort-Elberta Area Schools
  • Middle School: Frankfort High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Nov 30, 2020
Sold by
Luginbill Linda K L Tr
Bought by
Valascho Frances P
Seller's Agent
Jon Zickert
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Jennifer Edson
Five Star Real Estate - Front St TC
List Price
$535,000
Sold Price
$489,000
Premium/Discount to List
-$46,000
-8.6%
Current Estimated Value
$782,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,241
Avg. Annual Appreciation
11.56%
Original Mortgage
$440,100
Outstanding Balance
$396,950
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$428,021
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
Valascho Frances P $489,000 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valascho Frances P $440,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $489,000 -1.0% $190 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $494,000 -4.8% $192 / Sq Ft
08/14/2020 08/14/20 Price Changed $519,000 -3.0% $202 / Sq Ft
06/03/2020 06/03/20 For Sale $535,000 -- $208 / 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 $21,374 $363,998 $0 $0
2024 $19,278 $664,900 $0 $0
2023 $25,605 $646,900 $0 $0
2022 -- $591,500 $0 $0
2021 -- $454,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1875354

Northern Great Lakes REALTORS® MLS

APN: 51-030-037-00