NOT LISTED FOR SALE

8765 Porter Rd Lakeside, MI 49116

Estimated Value: $590,000 - $1,292,000

4 Beds
2.5 Baths
1,600 Sq Ft
$530/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $350,000 $219 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,908/month

324 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Wood Flooring
  • Chikaming Elementary School Rated A-
  • Wooded Lot
  • Porch

About This Home

As of April 2015

Lakeside, famous private Turner Shores, TWO homes on one lot, grandfathered in, each cottage features 2 bedrooms, full bath & kitchen, needs rehab work, though could be great rental investment or perfect for you & your friends . Three homes from the private deeded beach access, fantastic beach & historic feel in Turner Shores, quiet & tranquil, priced at land value, or tear down both & build your own dream...this is the sought after feel of quaint...waiting for you!

Last Agent to Sell the Property

Judie Farley

Farley Real Estate, Inc. License #6506029864 Listed on: 05/28/2014

Last Buyer's Agent

Tom Hemingway

RE/MAX Harbor Country License #6501314597

RE/MAX Harbor Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 52 x 180
  • Wooded Lot

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Porch

Utilities

  • Radiant Heating System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • $400 HOA Transfer Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52 x 180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1600.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3380.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Heat Type:Radiant: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1600.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Other
  • LivingArea: 1600.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 399000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Porch(es)
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Sewer: Public
  • Utilities: Electricity Available
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

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

Association/Amenities

  • Association Info:Assoc Buy in Fee: 400
  • Water Fea Amenities:Deeded Access: Yes
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Dimensions: 52 x 180
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3380.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2015
Sold by
Marra Terri
Bought by
Bank Of Ann Arbor and Terri Marra Amended & Restated Trust
Current Estimated Value
$847,770

Purchase Details

Listed on
May 28, 2014
Closed on
Apr 15, 2015
Sold by
Madden Michael G and Madden Molly E
Bought by
Marra Terri
Seller's Agent
Judie Farley
Farley Real Estate, Inc.
Buyer's Agent
Tom Hemingway
RE/MAX Harbor Country
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$245,000
Outstanding Balance
$189,357
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$658,413

Purchase Details

Closed on
Dec 30, 1993

Purchase Details

Closed on
Oct 15, 1984
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
Bank Of Ann Arbor -- Attorney
Marra Terri -- Multiple
-- $100 --
-- $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marra Terri $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $350,000 -17.6% $219 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
05/28/2014 05/28/14 For Sale $425,000 -- $266 / 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 $4,953 $245,500 $0 $0
2024 $4,022 $234,200 $0 $0
2023 $3,832 $174,200 $0 $0
2022 $5,338 $159,600 $0 $0
2021 $3,113 $149,900 $70,100 $79,800
2020 $3,275 $160,200 $0 $0
2019 $3,098 $165,100 $165,100 $0
2018 $3,338 $165,100 $0 $0
2017 $3,431 $170,900 $0 $0
2016 $3,176 $170,900 $0 $0
2015 $1,787 $219,200 $0 $0
2014 $3,150 $232,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14028830

Southwestern Michigan Association of REALTORS®

APN: 11-07-7660-0016-00-1