NOT LISTED FOR SALE

8475 Deadstream Rd Honor, MI 49640

Estimated Value: $233,000 - $448,000

2 Beds
1 Bath
723 Sq Ft
$274/mo HOA Fee

Last Sold November 06, 2015

Last sale price $159,000 $220 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,070/month

118 Days on Market

Highlights

  • Private Waterfront
  • Forced Air Heating System
  • Wood Siding
  • Deck
  • Family Room
  • Cabin

About This Home

As of November 2015

This quaint cottage sits on the waters edge of Big Platte Lake with spectacular views across the all sports lake. Step right out back onto the shared sandy beach that included a place for your boat. Big Platte is considered one of the nicest inland lakes in this area. You can even kayak to Lake Michigan from here. Also centrally located with ease of getting to Beulah, Honor, Traverse City, Frankfort, and the Sleeping Bear Dunes National Lakeshore is only a few miles down the road. Cottage has an excellent rental history. Live carefree as the association dues include yard maintenance, plowing, dock, cable, septic, outside maintenance, and more.

Last Agent to Sell the Property

David Arnoldink

West Edge Real Estate LLC License #6502431526 Listed on: 06/05/2015

West Edge Real Estate LLC

Co-Listed By

Burt Williams

CENTURY 21 Sleeping Bear Realty

Last Buyer's Agent

Agent Out Of Area

Out of Area Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,477

Year Built

  • Built in 1969

Lot Details

  • Private Waterfront
  • 150 Feet of Waterfront

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 723 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Crawl Space
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, sewer, lawn/yard care, cable/satellite
  • Platte Lakes Resort 1 Condos

Recreation

  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,477

Year Built

Built in 1969

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin/Cottage
  • Stories: 1
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 248.82
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 723.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Cabin/Cottage
  • Tax Info:Annual Property Tax: 2477.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 150.0
  • Substructure:Crawl Space: Yes
  • General Property Info:Condo Proj Name: Platte Lakes Resort 1
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 723.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 179900.0
  • Roof: Other
  • Water Body Name: Big Platte Lake
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 3290.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 3290.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually

Fee Information

  • Association Fee Includes: Snow Removal, Sewer, Lawn/Yard Care, Cable/Satellite

Lot Info

  • Lot Dimensions: Irregular
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2477.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Nov 6, 2015
Sold by
Osburn Paul A and Osburn Barbara E
Bought by
Dinley Sharon
Seller's Agent
David Arnoldink
West Edge Real Estate LLC
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$179,900
Sold Price
$159,000
Premium/Discount to List
-$20,900
-11.62%
Current Estimated Value
$331,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,543
Avg. Annual Appreciation
7.51%
Original Mortgage
$127,200
Outstanding Balance
$97,714
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$233,829
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dinley Sharon $159,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinley Sharon $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $159,000 -11.6% $220 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $179,900 -- $249 / Sq Ft
Source: MichRIC

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 $713 $120,900 $0 $0
2024 $696 $99,400 $0 $0
2023 $666 $98,700 $0 $0
2022 -- $67,500 $0 $0
2021 -- $77,000 $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: MichRIC

MLS Number: 15028930

MichRIC

APN: 10-311-010-00