NOT LISTED FOR SALE

8969 Cairn Hwy Elk Rapids, MI 49629

Estimated Value: $532,000 - $2,878,000

3 Beds
3 Baths
3,204 Sq Ft
$541/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $1,500,000 $468 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,793/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 135 Feet of Waterfront
  • Sandy Beach
  • Elk Rapids High School Rated A-
  • Private Dock
  • Second Garage

About This Home

As of May 2022

Gorgeous views of beautiful Elk Lake! Nestled away from the hustle and bustle, this serene frontage is an absolute gem! Enjoy main level living with ample room to grow, this lovely 3 bedroom/3 bath home has it all! The 1.90-acre parcel has 135 feet of sandy frontage, an extra garage for your boat, golf cart, or other toys, and a three-car attached garage. You'll love the office and the additional workroom. The entire property has been meticulously maintained and is ready for its new owners to make lasting memories. The circular drive makes parking an ease and parking is certainly ample. Only three minutes to Elk Rapids, 15 min to Flintfields Equestrian Center, 20 min to Traverse City (Cherry Capital Airport and Munson Hospital), 35 min to Charlevoix, 60 min to Sleeping Bear Dunes. Only 2 hours to the Mackinac Bridge or Grand Rapids. With your clubs in tow, take a 5-minute stroll to the Elk Rapids Golf Club. Ride your bike 5 minutes into the village. Elk Rapids is a quintessential “small-town America” typified by a scenic water wonderland! This charming harbor town with a modern marina, quaint shops, and is an exceptional place to call home. Dock your boat right off your 135 ft. of private frontage on Elk Lake with access to the “Chain of Lakes”. This 100+-mile inland water trail is made up of 12 lakes and interconnected rivers. Treasure every morning coffee with exceptional Sunrise views. This home comes complete with peace of mind with its automatic whole house generator with 20,000 kW. This home is the first home on Elk Lake that is NOT zoned in the village, therefore short-term rental restrictions are less stringent and taxes are lower. Enjoy ALL of the benefits of living in town without the hassle. Don't miss out on this incredible opportunity to live the dream!

Last Agent to Sell the Property

Erica Marshall

REO-TCFront-233021 License #6501398185 Listed on: 04/08/2022

REO-TCFront-233021

Co-Listed By

Laura Cobb

REO-TCFront-233021 License #6501429465

Last Buyer's Agent

Kama Mastromonaco

Key Realty One-TC License #6501374713

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,364

Year Built

  • Built in 1965

Lot Details

  • 1.9 Acre Lot
  • Lot Dimensions are 138.1x565.35x135.11x647
  • 135 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,204 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Game Room
  • Workshop
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Second Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Tiered Deck
  • Rain Gutters

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,364

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1965
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Intercom/Radio, Wall Oven, Cook Top, Blinds, Drapes, Ceiling Fan, Reverse Osmosis, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Walk-In Closet(s), Wet Bar, Pantry, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Formal Dining Room, Game Room, Workshop, Intercom, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x14, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x13, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14x14, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 18x23, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 24x16, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 20x15, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1657
  • Estimated Below Grade Finished Sq Ft: 1547
  • Estimated Below Grade Unfinished Sq Ft: 109
  • Price Per Sq Ft: 468.16
  • Range: R 9W
  • Total Finished Sf Apx: 3204

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Body Of Water: Elk Lake
  • Exterior Features: Sprinkler System, Multi-Level Decking, Landscaped, Garden Area, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Block, Poured Concrete, Finished Rooms, Full Finished
  • Number Of Acres: 1.9
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Private Dock, Sandy Bottom, Gradual Slope to Water, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 135

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Hot Water, Baseboard, Central Air, Ductless A/C
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level
  • Lot Dimensions: 138.1x565.35x135.11x647
  • Mineral Rights: To Pass With Title, Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 13, 2022
Sold by
Gurdak Louise M Living Trust
Bought by
Pence Geoffrey and Pence Sherree
Seller's Agent
Erica Marshall
REO-TCFront-233021
Buyer's Agent
Kama Mastromonaco
Key Realty One-TC
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
Current Estimated Value
$1,479,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,209
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,125,000
Outstanding Balance
$1,063,275
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$671,197

Purchase Details

Closed on
May 12, 2009
Bought by
Gurdak Ronald D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pence Geoffrey $1,500,000 Capital Title
Gurdak Ronald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pence Geoffrey $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $1,500,000 +3.4% $468 / Sq Ft
04/08/2022 04/08/22 For Sale $1,450,000 -- $453 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $23,364 $728,100 $0 $0
2024 $186 $593,400 $0 $0
2023 $17,862 $536,600 $0 $0
2022 $6,782 $413,100 $0 $0
2021 $5,049 $380,200 $0 $0
2020 $4,769 $372,000 $0 $0
2019 $4,964 $364,400 $0 $0
2018 $4,852 $342,400 $0 $0
2017 $4,772 $340,100 $0 $0
2016 $3,399 $330,000 $0 $0
2015 -- $322,600 $0 $0
2014 -- $330,800 $0 $0
2013 -- $326,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898315

Northern Great Lakes REALTORS® MLS

APN: 05-06-015-036-00