Seller's Agent in 2024
Dennis Irelan
Lakeside Properties Real Estate
(231) 883-5020
170 Total Sales
8160 Cairn Hwy Elk Rapids, MI 49629
6
Beds
6
Baths
4,500
Sq Ft
1.54
Acres
Highlights
- Fruit Trees
- Deck
- Sun or Florida Room
- Elk Rapids High School Rated A-
- Traditional Architecture
- Mud Room
About This Home
As of June 2024Currently operating as the very successful Cairn House Bed and Breakfast, this 6 bedroom, 6 bath home is located in the very desirable Elk Rapids and is near Elk and Torch Lakes. Just moments away from many fine restaurants and in the midst of Michigan's Cherry Country, vineyards, wine tasting, Charlevoix, balloon rides, Traverse City and all it has to offer. The home sits on 1 acre of beautifully landscaped grounds and offers a bit of a water view from Elk Lake. The home is meticulously maintained and offers large guestrooms and many common areas to enjoy including a spectacular 4 season sun room where breakfast is served. An extremely spacious Owner's Quarters is located on the lower level and boasts over 1,000 sq.ft. of living space with private entrance. This is a wonderful business portunity in a peaceful Northern Michigan location or it could be returned to a single family home if desired.
Last Agent to Sell the Property
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck License #6501364902 Listed on: 04/25/2014
Last Buyer's Agent
Agent Out Of Area
Out of Area Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,043
Year Built
- Built in 1984
Lot Details
- 1.54 Acre Lot
- Lot Dimensions are 242 x 278
- Shrub
- Fruit Trees
- Garden
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Wet Bar
- Gas Log Fireplace
- Window Treatments
- Mud Room
- Living Room
- Dining Area
- Sun or Florida Room
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
- Bathroom on Main Level
- 6 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- 1 Bedroom in Basement
Accessible Home Design
- Accessible Bathroom
- Accessible Entrance
- Stepless Entry
Outdoor Features
- Deck
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Hot Water Heating System
- Well
- Septic System
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2023
Closed on
May 31, 2024
Sold by
Grasshopper Ventures Llc
Bought by
Peacock Michael
Seller's Agent
Dennis Irelan
Lakeside Properties Real Estate
Buyer's Agent
Molly Buttleman
@properties Christie's Int'l
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%
Views
311
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,840
Avg. Annual Appreciation
30.23%
Original Mortgage
$637,500
Outstanding Balance
$629,753
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$574,879
Purchase Details
Closed on
Dec 23, 2021
Sold by
Drous Deborah A and Drous Mark L
Bought by
Grasshopper Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 24, 2014
Closed on
Mar 23, 2015
Sold by
Helen R Perez Revocable Trust
Bought by
Drous Deborah A and Blackmore Mark L
Seller's Agent
Mary Boyce
Coldwell Banker Schmidt-Elk Ra
Buyer's Agent
Dennis Irelan
Lakeside Properties Real Estate
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Purchase Details
Closed on
Feb 8, 1999
Bought by
Perez Helen R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $850,000 | Chicago Title/Mi | |
| Warranty Deed | $875,000 | None Listed On Document | |
| Warranty Deed | $325,000 | None Available | |
| Deed | $256,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,500 | New Conventional | |
| Previous Owner | $875,000 | New Conventional | |
| Closed | $875,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | $850,000 | -4.5% | $184 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 09/20/2023 09/20/23 | Price Changed | $890,000 | -10.8% | $193 / Sq Ft |
| 08/17/2023 08/17/23 | Price Changed | $998,000 | -13.2% | $216 / Sq Ft |
| 04/23/2023 04/23/23 | For Sale | $1,150,000 | +253.8% | $249 / Sq Ft |
| 03/23/2015 03/23/15 | Sold | $325,000 | 0.0% | $72 / Sq Ft |
| 03/23/2015 03/23/15 | Sold | $325,000 | -7.1% | $81 / Sq Ft |
| 03/08/2015 03/08/15 | Pending | -- | -- | -- |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- |
| 07/24/2014 07/24/14 | For Sale | $349,900 | -6.7% | $87 / Sq Ft |
| 04/25/2014 04/25/14 | For Sale | $374,900 | -- | $83 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $10,223 | $289,800 | $0 | $0 |
| 2024 | $75 | $283,700 | $0 | $0 |
| 2023 | $7,156 | $289,200 | $0 | $0 |
| 2022 | $9,459 | $199,400 | $0 | $0 |
| 2021 | $7,384 | $190,500 | $0 | $0 |
| 2020 | $7,115 | $197,300 | $0 | $0 |
| 2019 | $7,207 | $196,100 | $0 | $0 |
| 2018 | $7,042 | $178,200 | $0 | $0 |
| 2017 | $6,912 | $178,200 | $0 | $0 |
| 2016 | $5,798 | $168,800 | $0 | $0 |
| 2015 | -- | $166,400 | $0 | $0 |
| 2014 | -- | $149,800 | $0 | $0 |
| 2013 | -- | $120,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Irelan
-
Darci Springborn
Seller Co-Listing Agent in 2024
Darci Springborn
Real Estate One
(231) 590-8321
160 Total Sales
-
Molly Buttleman
Buyer's Agent in 2024
Molly Buttleman
@properties Christie's Int'l
(231) 463-6969
192 Total Sales
-
G
Seller's Agent in 2015
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
-
M
Seller's Agent in 2015
Mary Boyce
Coldwell Banker Schmidt-Elk Ra
-
W
Seller Co-Listing Agent in 2015
William Edwardson
Lakeside Properties Real Estate
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 14020536
APN: 05-06-015-018-10
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