NOT LISTED FOR SALE

8316 Bay Point Rd Unit PVT Beulah, MI 49617

Estimated Value: $607,000 - $818,000

2 Beds
1 Bath
1,140 Sq Ft
$616/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $450,000 $395 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,588/month

42 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Ranch Style House
  • Deeded Waterfront Access Rights
  • Deck
  • Great Room

About This Home

As of September 2020

Everything You Dream of For in an "Up North Cottage" - Since 2002 this property has been improved over the years to create a stunning, low maintenance Northern Michigan "Get A Way". The list of improvements is too long to post here so come see for yourself. Located on the South East side of Platte Lake off a private gravel road. Features include a seawall with boat ramp, extensive decking, detached 24 x 32 garage and new appliances.

Last Agent to Sell the Property

Jules Yates

REMAX Bayshore - Union St TC License #6502357921 Listed on: 07/01/2020

REMAX Bayshore - Union St TC

Last Buyer's Agent

Jules Yates

REMAX Bayshore - Union St TC License #6502357921 Listed on: 07/01/2020

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,536

Year Built

  • Built in 1963

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 79 x 225 x 67 x 202
  • Private Waterfront
  • 79 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Water Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

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

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

Overview

  • Miner's Bay Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,536

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Cottage, 1 Story
  • Estimated Year Built: 1963
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 1
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Ceiling Fan
  • Interior Amenities: Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x9, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11x9, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12xcombo, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 11x22, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: combox14, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 12x18, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1140
  • Price Per Sq Ft: 394.74
  • Range: R 15W
  • Total Finished Sf Apx: 1140

Exterior Features

  • Body Of Water: Big Platte Lake
  • Exterior Features: Deck, Porch
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.33
  • Road: Private Owned, Gravel, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Vegetation to Water Edge, Public Lake
  • Waterfront Frontage: 79

Garage/Parking

  • Driveway: Gravel, Private
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: On Level: None
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: MINER'S BAY

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 79 x 225 x 67 x 202
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 8, 2020
Sold by
Arnesen Andrew M
Bought by
Foreman Mark and Foreman Tara
Seller's Agent
Jules Yates
REMAX Bayshore - Union St TC
Buyer's Agent
Jules Yates
REMAX Bayshore - Union St TC
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$701,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,751
Avg. Annual Appreciation
9.16%
Original Mortgage
$400,000
Outstanding Balance
$355,779
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$345,972
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
Foreman Mark $450,000 Corporate Settlement Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foreman Mark $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $450,000 0.0% $395 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $450,000 0.0% $395 / Sq Ft
07/28/2020 07/28/20 Price Changed $449,900 -2.2% $395 / Sq Ft
07/09/2020 07/09/20 Price Changed $460,000 -3.2% $404 / Sq Ft
07/01/2020 07/01/20 For Sale $475,000 -- $417 / 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 $10,536 $283,800 $0 $0
2024 $2,265 $273,600 $0 $0
2023 $2,167 $237,400 $0 $0
2022 -- $218,800 $0 $0
2021 -- $216,400 $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: 1876674

Northern Great Lakes REALTORS® MLS

APN: 02-150-015-00