NOT LISTED FOR SALE

8827 N Bayshore Dr Elk Rapids, MI 49629

Estimated Value: $450,000 - $1,001,000

3 Beds
2 Baths
2,348 Sq Ft
$345/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $900,000 $383 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,292/month

Highlights

  • 100 Feet of Waterfront
  • Guest House
  • Main Floor Primary Bedroom
  • Elk Rapids High School Rated A-
  • Cathedral Ceiling
  • Lower Floor Utility Room

About This Home

As of June 2022

Here is the perfect Lake Michigan home resting on 100 feet of pure Michigan sandy-bottom waterfront! With 3 bedrooms 2 bathrooms with an additional 2 bed suite added above the garage, this home becomes the perfect set-up for having Northern Michigan fun and making great memories! This Elk Rapids location also offers bass lake fishing and boating less than a mile away along with multiple gorgeous inland lakes surrounding. Walk all along the wide sandy beachfront all the way to the iconic Shorts Brewery! Grab some Petoskey stones along the way! Enjoy Elk Rapids shopping and dining district or hop into Traverse City just a few miles to enjoy all the festivities of the Grand Traverse Bay Area, or head North to Charlevoix, Boyne City, and Petoskey lakeshore areas. This property is turn-key with a tremendous short term rental history, provided upon request. With cathedral golden-wood ceilings, wide open spaces and wonderful kitchen to living-room open floor-plan, bedrooms are spacious and sleeps 13. So head north to check it out! OPEN HOUSE this Saturday 1 to 3PM. So check it out because it may not last long!

Last Agent to Sell the Property

Jamie Woodall

Jamie Woodall Real Estate License #6501396327 Listed on: 05/12/2022

Last Buyer's Agent

Tom Wiltse

Up North Properties License #6502370134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41

Year Built

  • Built in 1990

Lot Details

  • 1.2 Acre Lot
  • 100 Feet of Waterfront

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,348 Sq Ft Home
  • Cathedral Ceiling
  • Thermal Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05-06-350-024-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$41

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1990
  • Lvt Date: 05/12/2022
  • Measurement Source: Agent
  • Section: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Features: Cathedral Ceilings, Central Air, Dishwasher, Dryer, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2348
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: N/A
  • Total Rooms: 11
  • Basement: Full, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1324
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Separated By Road: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

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

Schools

  • School District: Elk Rapids

Lot Info

  • Estimated Number of Acres: 1.2
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 05-06-350-024-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Baise Timothy G
Bought by
8827 North Bayshore Llc
Current Estimated Value
$809,082

Purchase Details

Listed on
Sep 14, 2020
Closed on
Dec 15, 2020
Sold by
Fangboner Gary
Bought by
Sjhs Retreat Llc
Seller's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
Buyer's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
List Price
$795,000
Sold Price
$665,000
Premium/Discount to List
-$130,000
-16.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Fangboner Christopher A
Bought by
Gary W Fangboner T

Purchase Details

Closed on
Feb 28, 2019
Sold by
Gary W Fangboner Ret
Bought by
Fangboner Gary W

Purchase Details

Closed on
Sep 21, 2012
Sold by
Fangboner Gary W
Bought by
Fangboner Gary W

Purchase Details

Closed on
May 5, 2009
Bought by
Fangboner Gary W
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
8827 North Bayshore Llc -- None Available
Sjhs Retreat Llc $665,000 --
Baise Timothy $665,000 None Available
Gary W Fangboner T -- None Available
Fangboner Gary W -- --
Fangboner Gary W -- --
Fangboner Gary W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $900,000 +6.0% $383 / Sq Ft
05/12/2022 05/12/22 For Sale $849,000 +27.7% $362 / Sq Ft
12/18/2020 12/18/20 Sold $665,000 -7.5% $325 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/18/2020 10/18/20 Price Changed $719,000 -4.1% $351 / Sq Ft
09/22/2020 09/22/20 Price Changed $749,900 -5.7% $366 / Sq Ft
09/14/2020 09/14/20 For Sale $795,000 -- $388 / Sq Ft
Source: Northern Michigan 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 $41 $191,600 $0 $0
2024 $41 $168,000 $0 $0
2023 $3,941 $121,200 $0 $0
2022 $3,765 $94,700 $0 $0
2021 $3,623 $91,400 $0 $0
2020 $1,942 $106,000 $0 $0
2019 $2,021 $107,300 $0 $0
2018 $1,975 $98,500 $0 $0
2017 $1,942 $98,500 $0 $0
2016 $1,384 $94,000 $0 $0
2015 -- $95,300 $0 $0
2014 -- $91,400 $0 $0
2013 -- $82,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 468168

Northern Michigan MLS

APN: 05-06-350-024-00