NOT LISTED FOR SALE

8461 Deadstream Rd Unit 1 Honor, MI 49640

Estimated Value: $182,000 - $327,000

2 Beds
1 Bath
576 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $100,000 $174 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,662/month

51 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Seasonal View
  • 150 Feet of Waterfront
  • Clubhouse
  • Wooded Lot

About This Home

As of June 2019

Summertime memories abound with this vacation condo! 150 ft of shared frontage on gorgeous Big Platte Lake gives you the option to dock your watercraft. You can swim, sun, sail, ski, canoe, or kayak the waters of Big Platte Lake. Your canoe or kayak will take you to to the Platte River, Loon Lake, and finally to Lake Michigan! This two bedroom, one bath cabin is a perfect four season getaway. The association facilities include the beach, a playground, and a community firepit. This cabin has an established rental history. When you aren't enjoying yourselves let the rentals offset your expenses. A short drive to Sleeping Bear Dunes National Lakeshore, Betsie Valley Trail, Interlochen Center for the Arts, Crystal Mountain Ski Resort, shopping and events in Frankfort and Beulah. Traverse City is about 30 minutes away.

Last Agent to Sell the Property

Jack Lane

REO-TCRandolph-233022 License #6506036941 Listed on: 03/20/2019

REO-TCRandolph-233022

Co-Listed By

Brian Dungjen

REO-TCRandolph-233022 License #6501403379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1965

Lot Details

  • 150 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Cottage
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Seasonal Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Community Well
  • Natural Gas Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Ground Level Unit

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Platte Lakes Resort No. 1 Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1965

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Percent Of Remodel: 10
  • Estimated Year Built: 1965
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 35
  • Year Updated: 2012
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Drywall, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13'8x9'10, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 9'10x8'11, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 7'3x6'6, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 16'8x13, On Level: Main Floor, Flooring: Laminate
  • Other Room: Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 576
  • Price Per Sq Ft: 173.61
  • Range: R 15W
  • Total Finished Sf Apx: 576

Exterior Features

  • Body Of Water: Platte Lake
  • Exterior Features: Patio, Seasonal View
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Public Lake
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Dirt, Shared

Utilities

  • Heating Cooling Types: Wall
  • Laundry: On Level: None
  • Sewer: Development Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Community Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 195.83

Association/Amenities

  • Development Amenities: Community Dock, Clubhouse, Lake Privileges, Pets Allowed, Common Area
  • Development Name: Platte Lakes Resort No. 1

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Unknown

Tax Info

  • Taxable Value: 46200

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Jun 6, 2019
Sold by
Michigan Platte Holdings Llc
Bought by
Carlisle Harold G and Wilkins Brandon N
Seller's Agent
Jack Lane
REO-TCRandolph-233022
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$242,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,401
Avg. Annual Appreciation
14.94%
Original Mortgage
$51,000
Outstanding Balance
$44,931
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$197,470
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
Carlisle Harold G $102,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlisle Harold G $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $100,000 -4.8% $174 / Sq Ft
03/20/2019 03/20/19 For Sale $105,000 -- $182 / 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 $2,175 $79,700 $0 $0
2024 $507 $65,900 $0 $0
2023 $485 $65,900 $0 $0
2022 -- $49,000 $0 $0
2021 -- $55,900 $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: 1858232

Northern Great Lakes REALTORS® MLS

APN: 10-311-001-00