NOT LISTED FOR SALE

8605 N Island Dr Unit 40 Stanwood, MI 49346

Estimated Value: $367,000 - $409,000

3 Beds
2.5 Baths
1,960 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $130,000 $66 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,515/month

329 Days on Market

Highlights

  • Airport or Runway
  • Beach
  • Fitness Center
  • Private Waterfront
  • Golf Course Community
  • Community Lake

About This Home

As of June 2012

Natural wooded setting on a hillside with picturesque Lake of the Clouds frontage. Two full width decks overlook the lake, one from the living room, other from the huge master bedroom suite. The large kitchen features oak cabinetry, snack bar counter, Jenn-air downdraft cook-top, wall oven and pantry. The kitchen is open to both the dining room and living room and enjoys lake views from the large sliders. There is a main floor laundry, office and powder room. There are 3 bedrooms and two additional baths up. A large 2 car detached garage is roadside while the home nestles into the hillside below. Well maintained home at an outstanding price for a Canadian Lakes waterfront.

Last Agent to Sell the Property

Dennis Woodman

Coldwell Banker Lakes Realty Listed on: 06/16/2011

Co-Listed By

Don Dean

Coldwell Banker Lakes Realty

Last Buyer's Agent

James Bradley

Coldwell Banker Lakes Realty License #6501274096

Coldwell Banker Lakes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1979

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90x174x90x150
  • Private Waterfront
  • 90 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Bay Window
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • Home Gym
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Water Access
  • No Wake Zone
  • Deck

Location

  • Mineral Rights Excluded

Utilities

  • Baseboard Heating
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Community Lake
  • Campground in community

Amenities

  • Restaurant
  • Airport or Runway
  • Landing Strip
  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Golf Membership
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Fitness Center
  • Community Indoor Pool

Additional Features

  • Security
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 1979

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 90x174x90x150
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1960.0
  • Tax Info:Annual Property Tax: 1803.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 90.0
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Mineral Rights:No: Yes
  • Windows:BayBow: Yes
  • Garage Type Detached: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Heat Type:Baseboard: Yes
  • Appliances:Built in Oven: Yes
  • Lot Description:Golf Community: Yes
  • General Property Info:SqFt Above Grade: 1960.0
  • Laundry Features Laundry Chute: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Built in Oven, Cook Top, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Pantry
  • Fireplace Features: Wood Burning, Living
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space, Other
  • LivingArea: 1960.0
  • Window Features: Screens, Bay/Bow, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Cook Top: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 149900.0
  • Lot Features: Wooded, Rolling Hills, Golf Community
  • Road Surface Type: Paved
  • Water Body Name: Lake Of The Clouds
  • Waterfront Features: No Wake, Private Frontage
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Paved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Heating: Baseboard, Electric
  • Heating: Yes
  • Laundry Features: Laundry Chute
  • Sewer: Septic System
  • Utilities: Natural Gas Available, Phone Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Amenities: Baseball Diamond, Beach Area, Campground, Club House, Fitness Center, Golf Membership, Restaurant/Bar, Security, Airport/Runway, Indoor Pool, Tennis Court(s), Pool
  • Association Fee: 626.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Lake
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 626.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:No Wake: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:RestaurantBar: Yes
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Airport Landing Strip: Yes
  • Assoc Amenities:Baseball Diamond: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Campground: Yes
  • Assoc Amenities:Golf Membership: Yes
  • Assoc Amenities:Indoor Pool: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 90x174x90x150
  • Lot Size Sq Ft: 15246.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1803.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2014
Sold by
Lota Charandeep K
Bought by
Kaur Lota Charandeep K and Kaur Lota Rupinder
Current Estimated Value
$380,809

Purchase Details

Listed on
Jun 16, 2011
Closed on
Jun 28, 2012
Sold by
Paape Joyce
Bought by
Lota Charandeep K
Seller's Agent
Dennis Woodman
Coldwell Banker Lakes Realty
Buyer's Agent
James Bradley
Coldwell Banker Lakes Realty
List Price
$169,000
Sold Price
$130,000
Premium/Discount to List
-$39,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$104,000
Outstanding Balance
$72,639
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$315,017
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
Kaur Lota Charandeep K -- First American Title Ins Co
Lota Charandeep K $130,000 Lakeland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lota Charandeep K $104,000
Previous Owner Paape Joyce $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $130,000 -23.1% $66 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
06/16/2011 06/16/11 For Sale $169,000 -- $86 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $4,537 $164,700 $0 $0
2024 -- $153,000 $0 $0
2023 -- $134,700 $0 $0
2022 $0 $120,300 $0 $0
2021 -- $113,500 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11034210

Southwestern Michigan Association of REALTORS®

APN: 5411-161-040-000