NOT LISTED FOR SALE

8473 Deadstream Rd Unit 7 Honor, MI 49640

Estimated Value: $166,000 - $236,000

2 Beds
1 Bath
446 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $105,000 $235 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,346/month

796 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Lake Privileges
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of October 2018

Sand, Water, Memories...Thinking about how to obtain your care-free vacation condo on Big Platte Lake with the option to dock your watercraft for under $120,000? Purchase this property now at today's prices and use the rental income to offset most of the taxes, insurance and utilities. This property has an established and successful rental program so should you decide to rent; you will not have to build your customer base – it’s already done! You can kayak to Lake Michigan from your dock as this property includes 150 ft. of shared frontage on Big Platte Lake with a shallow, sandy beach safe for kids of all ages. This cozy four season, two bedroom/one bath condo is just the spot for year round fun complete with a playground and community fire pit. All furnishings are negotiable making a turnkey purchase possible. The Platte Lake Resort cottages are individually owned with the worry-free benefits of condo life. This is your "base-camp" to enjoy Pure Michigan! Close to Lake Michigan, world class trout streams, swimming, golfing, skiing, snowmobile trails, boating, fishing, canoeing, kayaking, tubing, etc…

Last Agent to Sell the Property

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183 Listed on: 07/15/2016

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Christine Stapleton

Stapleton Realty License #6504271071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1953

Lot Details

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

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 446 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Water 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
  • Private Dock
  • Lake Privileges
  • Shed

Schools

  • Platte River Elementary School
  • Benzie Central Middle School
  • Benzie Central Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Electric Water Heater
  • Shared Septic
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Ground Level Unit

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, liability insurance, snow removal, trash removal
  • Platte Lake Resort 1 Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1953

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1953
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 35
  • Year Updated: 2015
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Blinds, Electric Water Heater
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 9'8"x9'3", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9'8"x9'8", On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 6'7"x7'7", On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 13'4"x12'7", On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 446
  • Price Per Sq Ft: 235.43
  • Range: R 15W
  • Total Finished Sf Apx: 446

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Big Platte Lake
  • Exterior Features: Landscaped
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: None
  • Sewer: Shared Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Shared Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Liability Insurance, Snow Removal, Trash Removal
  • Annual Association Fees: 1800
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Common Area, Community Dock, Lake Privileges, Pets Allowed
  • Development Name: Platte Lake Resort 1

Schools

  • School District: Benzie County Central Schools
  • Elementary School: Platte River Elementary School
  • Middle School: Benzie Central Middle School
  • High School: Benzie Central Senior High School

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Wooded
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential

MLS Schools

  • Elementary School: Platte River Elementary School
  • HighSchool: Benzie Central Senior High School
  • School District: Benzie County Central Schools
  • Middle School: Benzie Central Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Smith R A & M A Trust
Bought by
S F Weston Llc
Current Estimated Value
$190,117

Purchase Details

Listed on
Jul 15, 2016
Closed on
Oct 10, 2018
Sold by
Thomas Wolfgang F and Thomas Marjorie A
Bought by
Smith
Seller's Agent
Jon Zickert
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Christine Stapleton
Stapleton Realty
List Price
$115,500
Sold Price
$105,000
Premium/Discount to List
-$10,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Source: Public Records

Range of Values:

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Average Value
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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
S F Weston Llc $115,000 Attorney Only
Smith $105,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $105,000 -9.1% $235 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $115,500 +10.0% $259 / Sq Ft
06/16/2018 06/16/18 Off Market $105,000 -- --
06/01/2018 06/01/18 Price Changed $115,500 -3.8% $259 / Sq Ft
07/15/2016 07/15/16 For Sale $120,000 -- $269 / 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 $1,750 $67,100 $0 $0
2024 $407 $55,500 $0 $0
2023 $389 $55,200 $0 $0
2022 -- $39,300 $0 $0
2021 -- $44,900 $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: 1820227

Northern Great Lakes REALTORS® MLS

APN: 10-311-007-00