NOT LISTED FOR SALE

Estimated Value: $945,000 - $2,084,000

5 Beds
4 Baths
3,880 Sq Ft
$389/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2018

Last sale price $1,070,000 $276 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,642 / mo

155 Days on Market

Highlights

  • 237 Feet of Waterfront
  • Docks
  • Cathedral Ceiling
  • Pellston Elementary School Rated 9+
  • Guest House
  • Wood Flooring

About This Home

As of December 2018

This exceptional lakefront home is breathtaking inside and out. Perched along 237' of sandy shoreline with long southern views of Burt Lake, this property presents one of the great waterfront options on today's market. The home is beautifully updated and offers 5 Bedrooms and 4 full bathrooms, including a private guest suite over the attached two-car garage. Beautiful woodwork, granite countertops, and a custom gas fireplace make for picturesque living space, while the main floor master suite and laundry allow for stairs free living during your stay. Just minutes from Pellston regional airport and I-75, this is a convenient destination for seasonal residents from all areas. This property also has an exceptional rental history in recent years, and would allow the next owner to cover their ownership costs with ease. On top of it all, this property is being offered fully furnished, allowing the next owner a seamless transition to their dream waterfront home!

Last Agent to Sell the Property

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 06/01/2018

Last Buyer's Agent

C.T. Shuman

Real Estate One

Real Estate One

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • 237 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 120-N36-000-003-00

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

1 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2006
  • Lvt Date: 06/04/2018
  • Section: 3
  • S E V Yr: 401,800
  • Second Address Number: 8703
  • Directions: E. Burt Lake Road to Roberts Road to Francine, home on the left.
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Features: Cathedral Ceilings, Central Air, Dishwasher, Dock, Dryer, Gas Fireplace, Patio, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 3880
  • Master Bedroom: Dimensions: 18x18, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Upper
  • Bedroom 3: Dimensions: 13x15, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Upper
  • Basement: Crawl
  • Dining Room: Dimensions: 13x14, On Level: Main
  • Kitchen: Dimensions: 14x18, On Level: Main
  • Family Room: Dimensions: Sunroom 10x14, On Level: Main
  • Living Room: Dimensions: 16x30, On Level: Main
  • Above Grade Finished Sq Ft: 3880
  • Bathroom 1: Dimensions: 12.6x6, On Level: Main
  • Bathroom 2: Dimensions: 8x8.10, On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Rooms 1: Dimensions: Bedroom 12x14, On Level: Upper
  • Rooms 2: Dimensions: Guest Apt 14x18, On Level: Upper
  • Windows: Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Burt
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 237
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Pellston

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 120-N36-000-003-00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Dec 12, 2018
Sold by
Bought by
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$1,199,500
Sold Price
$1,070,000
Premium/Discount to List
-$129,500
-10.8%
Current Estimated Value
$1,407,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,158
Avg. Annual Appreciation
4.55%
Original Mortgage
$854,600
Outstanding Balance
$730,055
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$777,672

Purchase Details

Closed on
Sep 1, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2004
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Crossroads Title
$842,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $854,600
Previous Owner $665,400
Previous Owner $402,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2018 12/14/18 Sold $1,070,000 -10.8% $276 / Sq Ft
06/01/2018 06/01/18 For Sale $1,199,500 +42.5% $309 / Sq Ft
10/19/2016 10/19/16 Sold $842,000 -- $217 / Sq Ft View Prior Sale
07/20/2016 07/20/16 Pending -- -- --
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,063 $869,400 $0 $0
2025 $17,295 $802,100 $0 $0
2024 $16,746 $781,300 $0 $0
2023 $15,991 $683,000 $0 $0
2022 $15,449 $609,200 $0 $0
2021 $20,416 $549,100 $549,100 $0
2020 $20,260 $512,200 $512,200 $0
2019 $18,744 $447,900 $447,900 $0
2018 $16,862 $400,600 $0 $0
2017 $16,384 $401,800 $0 $0
2016 $13,592 $345,600 $0 $0
2015 -- $351,600 $0 $0
2014 -- $327,800 $0 $0
2012 -- $376,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 455449

Northern Michigan MLS

APN: 120-N36-000-003-00

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