NOT LISTED FOR SALE

8245 Wallen Ln Rapid City, MI 49676

Estimated Value: $2,283,000 - $2,990,000

4 Beds
3.5 Baths
3,864 Sq Ft
$706/Sq Ft Est. Value

Last Sold May 09, 2017

Last sale price $1,250,000 $323 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $14,868/month

1 Day on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Elk Rapids High School Rated A-
  • Sandy Beach
  • Great Room

About This Home

As of May 2017

This is a created sale. 172 feet of gorgeous waterfront on Torch Lake! This Custom-built Home on Torch Lake features 3 levels of living space with culinary kitchen, main-floor master suite, master bath with marble tiled floor and garden tub, upstairs office with a private balcony, and lower level walkout with family room and two guest bedrooms.

Last Agent to Sell the Property

James Garrow

Bayside Real Estate License #6502128582 Listed on: 05/08/2017

Last Buyer's Agent

James Garrow

Bayside Real Estate License #6502128582 Listed on: 05/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114

Year Built

  • Built in 2007

Lot Details

  • 1.48 Acre Lot
  • Lot Dimensions are 172x665x110x515
  • Private Waterfront
  • 172 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,864 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Den

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Balcony
  • Tiered Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Propane Water Heater

Community Details

Overview

  • Brooke's Pointe Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$114

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 2007
  • Construction: 2x6 Framing, Frame
  • Private Shared: Private
  • Section Number: 18
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Propane Water Heater
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Den/Study
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 19.5x13.7, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x13.6, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 11x14, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 16.9x24, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14x16, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 22x14, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2804
  • Estimated Below Grade Finished Sq Ft: 1060
  • Price Per Sq Ft: 323.5
  • Range: R 9W
  • Total Finished Sf Apx: 3864

Exterior Features

  • Body Of Water: Torch Lake
  • Exterior Features: Sprinkler System, Balcony, Deck, Multi-Level Decking, Patio, Landscaped, Porch
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Full Finished
  • Number Of Acres: 1.48
  • Road: Association, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Sandy Bottom, Public Lake
  • Waterfront Frontage: 172

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Brooke's Pointe

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared
  • Lot Dimensions: 172x665x110x515
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
May 4, 2017
Sold by
Mulholland Michael W
Bought by
Sgroi Jennifer and Sgroi Joseph
Seller's Agent
James Garrow
Bayside Real Estate
Buyer's Agent
James Garrow
Bayside Real Estate
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,726,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476,946
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Feb 15, 2006
Bought by
Mulholland Michael W and Mulholland Patricia
Source: Public Records

Range of Values:

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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
Sgroi Jennifer $1,250,000 --
Sgroi Joseph $1,250,000 --
Mulholland Michael W $625,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $1,250,000 0.0% $323 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $1,250,000 -- $323 / 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 $114 $1,315,300 $0 $0
2024 $114 $1,213,200 $0 $0
2023 $10,936 $1,184,800 $0 $0
2022 $13,978 $716,800 $0 $0
2021 $24,860 $691,500 $0 $0
2020 $23,972 $694,200 $0 $0
2019 $24,316 $629,100 $0 $0
2018 $24,097 $595,600 $0 $0
2017 $20,766 $573,200 $0 $0
2016 $17,221 $550,100 $0 $0
2015 -- $547,900 $0 $0
2014 -- $533,600 $0 $0
2013 -- $478,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1832546

Northern Great Lakes REALTORS® MLS

APN: 05-12-582-006-00