$325,000
SOLD MAR 23, 2015

8160 Cairn Hwy Elk Rapids, MI 49629

5 Beds
5 Baths
4,022 Sq Ft
1.54 Acres

Recently Sold

$81 Per Sq Ft

7% Below List Price

227 Days on Market

Highlights

  • Water Views
  • Guest House
  • Property is near a lake
  • Elk Rapids High School Rated A-
  • Second Garage
  • Colonial Architecture

About This Home

As of June 2024

Celebrate Living, Elk Rapids a fun place to live, Lakes surround you, Tennis courts, Golfing & so much more to enjoy! This beautiful sprawling home has 5 to 6 bedrooms, a bath for everyone, Full finished lower level, Views of Elk lake from the upstairs bedrooms, Hardwood Floors on the main level, Gas Fireplace, Sunroom - four season room over looking a fountain in the beautiful landscaped back yard with the scent of lavender in the air for the above ground flower garden, there is a large detached garage with its own bathroom and a finished room for guest or what ever fits your life style. In the finished lower level there is a bar to entertain all the friends and family that will want to enjoy your beautiful home. It would also make a great family compound.Currently being ran as a Bed and Breakfast purchase home at the price of $374,900 with most contents. The Cairn House! New Roof in Nov. 2014 and 4 hook up Generator.

Last Agent to Sell the Property

Mary Boyce

Coldwell Banker Schmidt-Elk Ra License #6506043261 Listed on: 07/24/2014

Coldwell Banker Schmidt-Elk Ra

Co-Listed By

William Edwardson

Lakeside Properties Real Estate License #6501122831

Last Buyer's Agent

Dennis Irelan

Lakeside Properties Real Estate License #6502393037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,988

Year Built

  • Built in 1984

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 242 x 278
  • Level Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Water
  • Countryside Views
  • Seasonal

Home Design

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

Interior Spaces

  • 4,022 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Great Room
  • Formal Dining Room
  • Solarium

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 4 Car Garage
  • Second Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Property is near a lake
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

  • Lakeland Elementary School
  • Cherryland Middle School
  • Elk Rapids High School

Utilities

  • Ductless Heating Or Cooling System
  • Well
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,988

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Colonial, Bed & Breakfast
  • Estimated Year Built: 1984
  • Construction: Frame
  • Section Number: 15
  • Univs Design Barrier Free: Covered Entrance
  • Year Updated: 1992
  • Year Renovated: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Water Softener Owned, Washer, Dryer, Blinds, Drapes
  • Interior Amenities: Walk-In Closet(s), Wet Bar, Pantry, Solarium/Sun Room, Mud Room, Formal Dining Room, Great Room
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 12x17, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12x17, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 10x10, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 5
  • Dining Room: Dimensions: 12x12, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 24x36, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12x22, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 12x30, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 17x19, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2678
  • Estimated Below Grade Finished Sq Ft: 1300
  • Estimated Below Grade Unfinished Sq Ft: 344
  • Price Per Sq Ft: 80.81
  • Range: R 9W
  • Total Finished Sf Apx: 4022

Exterior Features

  • Additional Buildings: Guest House, Secondary Garage(s)
  • Exterior Features: Countryside View, Covered Porch, Seasonal View, Garden Area, Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Block, Finished Rooms, Egress Windows
  • Number Of Acres: 1.54
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Public Lake

Garage/Parking

  • Driveway: Blacktop, Circular
  • Garage Capacity: 4
  • Primary Garage: Attached, Detached, Door Opener, Paved Driveway, Finished Rooms, Plumbing, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Stove
  • Heating Cooling Types: Hot Water, Ductless A/C
  • Laundry: Dimensions: 8x10, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV
  • Water: Private Well

Schools

  • School District: Elk Rapids Schools
  • Elementary School: Lakeland Elementary School
  • Middle School: Cherryland Middle School
  • High School: Elk Rapids High School

Lot Info

  • Land Features: Level
  • Lot Dimensions: 242 x 278
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Commercial, Building-Use Restrictions, Rental History, Outbuildings Allowed

Tax Info

  • Summer Taxes: 3256
  • Total Taxes: 3988
  • Winter Taxes: 732
  • Year Summer: 2013
  • Year Winter: 2013

MLS Schools

  • Elementary School: Lakeland Elementary School
  • HighSchool: Elk Rapids High School
  • School District: Elk Rapids Schools
  • Middle School: Cherryland Middle School

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
$1,211,840

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
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 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: 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 $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

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1788232

Northern Great Lakes REALTORS® MLS

APN: 05-06-015-018-10