NOT LISTED FOR SALE

8054 W M 68 Hwy Indian River, MI 49749

Estimated Value: $227,000 - $941,896

4 Beds
2.5 Baths
1,750 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $298,000 $170 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,334/month

Highlights

  • 90 Feet of Waterfront
  • Second Garage
  • First Floor Utility Room
  • Docks
  • Main Floor Primary Bedroom
  • Wood Frame Window

About This Home

As of May 2016

PANORAMIC BURT LAKE VIEWS & 90' of sandy Burt Lake frontage. Newer kitchen cabinets, numerous large windows to enjoy the beautiful lake views, two fireplaces & two living areas ideal for entertaining. Layout allows for a bedroom, bath, & living room to be used as a guest apartment. Ideal w/ close proximity to Petoskey, Harbor Springs & Indian River. Attached garage & 2nd garage for all your toys. Seller just installed a NEW, very nice stair system to lake & trimmed trees for a stunning lake view!

Last Agent to Sell the Property

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 01/11/2016

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,266

Year Built

  • Built in 1969

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 90 x 500
  • 90 Feet of Waterfront

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Car Garage
  • Second Garage
  • Driveway

Outdoor Features

  • Docks
  • Patio

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161-027-200-016-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,266

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1969
  • Lvt Date: 01/19/2016
  • Section: 27
  • S E V Yr: 205,800/2011
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Dishwasher, Dock, Dryer, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 1750
  • Master Bedroom: Dimensions: 14 x 18, On Level: Main
  • Bedroom 2: Dimensions: 10 x 12, On Level: Main
  • Bedroom 3: Dimensions: 12 x 12, On Level: Main
  • Bedroom 4: Dimensions: 7.5 x 15, On Level: Main
  • Total Rooms: 10
  • Basement: Crawl, Block
  • Dining Room: Dimensions: 13.3 x 14, On Level: Main
  • Kitchen: Dimensions: 9 x 11, On Level: Main
  • Family Room: Dimensions: 24 x 33, On Level: Main
  • Living Room: Dimensions: 11.5 x 18, On Level: Main
  • Above Grade Finished Sq Ft: 1750
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Mud Room 6 x 13, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Burt
  • Waterfront Frontage: 90
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Schools

  • School District: Inland Lakes

Lot Info

  • Estimated Lot Dimensions: 90 x 500
  • Estimated Number of Acres: 1.2
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 161-027-200-016-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
May 6, 2016
Sold by
Mckeon Cottage Llc
Bought by
Maithel Peter and Maithel Suzanne
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$317,000
Sold Price
$298,000
Premium/Discount to List
-$19,000
-5.99%
Current Estimated Value
$657,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,965
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Mcclelland Rebecca A
Bought by
Mckeon Cottage Llc

Purchase Details

Closed on
Dec 8, 2010
Sold by
Lillie Janet K
Bought by
Mckeon Cottage Llc

Purchase Details

Closed on
Nov 23, 2010
Sold by
Martin Jean E
Bought by
Mckeon Cottage Llc

Purchase Details

Closed on
Dec 10, 2009
Bought by
Foster Marcina and Jean Martin
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
Maithel Peter $298,000 Devon Title Agency
Mckeon Cottage Llc -- --
Mckeon Cottage Llc -- --
Mckeon Cottage Llc -- --
Foster Marcina -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $298,000 -6.0% $170 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $317,000 -- $181 / 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 $10,266 $417,600 $0 $0
2024 $2,749 $365,700 $0 $0
2023 $2,634 $287,300 $0 $0
2022 $2,509 $237,800 $0 $0
2021 $9,106 $218,100 $218,100 $0
2020 $8,767 $206,000 $206,000 $0
2019 $8,646 $199,400 $199,400 $0
2018 $8,642 $200,800 $0 $0
2017 $8,424 $197,900 $0 $0
2016 $8,825 $210,000 $0 $0
2015 -- $214,500 $0 $0
2014 -- $208,600 $0 $0
2012 -- $204,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 446987

Northern Michigan MLS

APN: 161-027-200-016-00