NOT LISTED FOR SALE

8985 Swan Pointe Rd Elk Rapids, MI 49629

Estimated Value: $435,000 - $505,000

3 Beds
2 Baths
1,356 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $380,000 $280 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,633/month

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Elk Rapids High School Rated A-
  • Sandy Beach
  • Wooded Lot

About This Home

As of October 2021

Here is an amazing opportunity to own Private lake frontage and it's walkable to everything Elk Rapids has to offer! The home has sunrise views from across Bass Lake, 143 feet of frontage on a very private lot, with lots of hardwood trees that create a canopy to keep things cool. Make this your get away location, or use it as a year round home. Home is being sold as is, and is in need of some TLC and updates. THE SELLER WILL CONSIDER ALL OFFERS AS RECEIVED BUT WILL NOT RESPOND OR ACCEPT ANY OFFER PRIOR TO 9/19/2021 AT Noon.

Last Listed By

Wayne Toteff

REO - Elk Rapids-101308 License #6506045867 Listed on: 09/13/2021

REO - Elk Rapids-101308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 143 x 152
  • Private Waterfront
  • 143 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Kennel or Dog Run
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,356 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Shed
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Water Softener Leased
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, trash removal

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 1972

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1972
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Water Softener Rented
  • Interior Amenities: Built-In Bookcase, Fixer-Upper, Vaulted Ceilings, Drywall, Paneling
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.5x9.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x11.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15.3x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Family Room: Dimensions: 12.5x15, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 8x8, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 17.5x13.5, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1356
  • Price Per Sq Ft: 280.24
  • Range: R 9W
  • Total Finished Sf Apx: 1356

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Bass Lake
  • Exterior Features: Deck, Porch, Gutters, Dog Pen
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Lake Size: 144 Acres
  • Number Of Acres: 0.5
  • Road: Shared, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Sandy Bottom, Gradual Slope to Water, Public Lake
  • Waterfront Frontage: 143

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash Removal
  • Annual Association Fees: 280
  • Association Fees: Annual

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 143 x 152
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1014.65
  • Taxable Value: 70269
  • Total Taxes: 1444.1
  • Winter Taxes: 429.45

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Mensch and Lisa
Bought by
Slm Real Estate Llc
Current Estimated Value
$467,856

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 4, 2021
Sold by
Patterson Joanna and Martin Leigh A
Bought by
Mensch Samuel and Mensch Lisa
Seller's Agent
Wayne Toteff
REO - Elk Rapids-101308
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Stokes John T and Stokes Patricia K
Bought by
Patterson Joanna and Martin Leigh A

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
Slm Real Estate Llc -- None Listed On Document
Mensch Samuel -- Misc Company
Patterson Joanna -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $380,000 -4.8% $280 / Sq Ft
09/13/2021 09/13/21 For Sale $399,000 -- $294 / 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
2024 $39 $199,500 $0 $0
2023 $3,740 $136,200 $0 $0
2022 $4,155 $104,200 $0 $0
2021 $1,529 $101,800 $0 $0
2020 $1,444 $120,900 $0 $0
2019 $1,503 $121,700 $0 $0
2018 $1,469 $111,300 $0 $0
2017 $1,445 $107,900 $0 $0
2016 $1,029 $101,800 $0 $0
2015 -- $96,900 $0 $0
2014 -- $96,700 $0 $0
2013 -- $86,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Elk Rapids, MI

  • 204 W 1st St, Elk Rapids, MI 49629

    $375,000

    • 3 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • 204 W 1st St
    • Elk Rapids, MI

    Classic 3 bedroom ranch on the west side of Elk Rapids. The home is on two lots, so the back yard is large and fenced. . . Beautiful spring to fall. The home features 1 baths a dining area off the kitchen, and large living area. The 2 car attached garage is oversized to include a workshop. This home is in good condition, but needs to be refreshed. This is a great value for a home on Elk Rapids'

    Tom Wiltse Up North Properties

    Section Image
  • 509 Spruce St, Elk Rapids, MI 49629

    $399,900

    • 3 Beds
    • 1 Bath
    • 1,280 Sq Ft
    • 509 Spruce St
    • Elk Rapids, MI

    Beautiful home on the West side of Elk Rapids. Walk or bike to the beaches, movie theater, stores, marina, harbor, restaurants, and all that downtown Elk Rapids offers. Immaculate three bedroom home. Wood floors accent this charming bungalow. Tastefully landscaped. Imagine yourself reading a good book in front of the fireplace or on the multi level decks overlooking the backyard. Numerous

    Scott Moore EXIT Northern Shores Realty-ER

    Section Image
  • 8144 Cairn Hwy, Elk Rapids, MI 49629

    $593,500

    • 3 Beds
    • 1 Bath
    • 1,720 Sq Ft
    • 8144 Cairn Hwy
    • Elk Rapids, MI

    Elk Rapids ranch home with 3 bedrooms, 1720 finished sq ft, oversized 2 car garage, full basement, and a sunroom with Elk Lake views. Only 2 miles from Elk Rapids Schools and close to restaurants, shopping, etc. Lake Michigan parks and beaches only 5 minutes away. Large 1.42 acre lot plus extra detached garage. Great location in a quiet setting only 20 minutes from Traverse City Cherry

    Darci Springborn Lakeside Properties Real Estate

    Section Image
  • 7434 Terrace Ave, Elk Rapids, MI 49629

    $469,900

    • 3 Beds
    • 1 Bath
    • 1,698 Sq Ft
    • 7434 Terrace Ave
    • Elk Rapids, MI

    PUBLIC ACCESS ONLY 110' FROM BACKYARD at what is arguably the prettiest end of the lake with nearby coves, sandbars and launches. A great spot to throw a ball for the dogs, launch a kayak or paddleboard or just to hang out and enjoy. Spend your days on the 641 sq ft deck with new railing, (suitable for a hot tub with necessary wiring available from previous hot tub), while enjoying views of Elk

    Kim Costanza Traverse Real Estate

    Section Image

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1892919

Northern Great Lakes REALTORS® MLS

APN: 05-06-575-001-00