NOT LISTED FOR SALE

9794 Cherry Ave Rapid City, MI 49676

Estimated Value: $567,000 - $675,000

2 Beds
1 Bath
702 Sq Ft
$886/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $560,000 $798 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,321/month

97 Days on Market

Highlights

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

About This Home

As of September 2023

Family Cottage on Elk Lake with 40' of private sandy beach front and sparkling blue water on desirable Elk Lake. Cozy, clean and well kept 2 bedroom, 1 bath, knotty pine and the smell of fresh lake living brings back childhood memories with family and friends on summer vacation. This charming setting is private and peaceful. Take a day trip on the boat though the Chain of Lakes or boat to a local waterfront restaurant. Grab a good book on a lazy afternoon, kick back until the beautiful sun sets the westerly sky aglow.

Last Agent to Sell the Property

Toni Morrison

REO - Elk Rapids-101308 License #6501313770 Listed on: 05/25/2023

REO - Elk Rapids-101308

Last Buyer's Agent

Ryan Muntin

Lake Homes Realty, LLC License #6501425816

Lake Homes Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66

Year Built

  • Built in 1933

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40 x 166
  • Private Waterfront
  • 40 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 702 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater

Community Details

Overview

  • Elk Rest Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$66

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1933
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 24
  • Year Updated: 1996
  • Year Renovated: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1933

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Electric Water Heater
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 16x8, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 6x8, On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11xcombo, On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: combox14, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 11x14, On Level: Main Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 702
  • Price Per Sq Ft: 797.72
  • Range: R 9W
  • Total Finished Sf Apx: 702

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Elk Lake
  • Exterior Features: Deck, Landscaped, Gutters
  • Exterior Finish: Wood
  • Foundation: Block
  • Number Of Acres: 0.15
  • Road: Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Public Lake
  • Waterfront Frontage: 40

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Wall
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Water: Private Well

Association/Amenities

  • Development Name: Elk Rest

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 40 x 166
  • Mineral Rights: 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
May 25, 2023
Closed on
Aug 30, 2023
Sold by
Otto B & Mary Catherin Trust
Bought by
Eichenberger Willian
Seller's Agent
Toni Morrison
REO - Elk Rapids-101308
Buyer's Agent
Ryan Muntin
Lake Homes Realty, LLC
List Price
$650,000
Sold Price
$560,000
Premium/Discount to List
-$90,000
-13.85%
Views
98
Current Estimated Value
$622,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,239
Original Mortgage
$365,000
Outstanding Balance
$357,930
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1999
Bought by
Scherf Otto and Scherf Mary C
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
Eichenberger Willian $560,000 Northern Title
Scherf Otto -- --
Scherf Otto B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eichenberger Willian $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $560,000 -4.3% $798 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $585,000 -6.4% $833 / Sq Ft
06/07/2023 06/07/23 Price Changed $625,000 -3.8% $890 / Sq Ft
05/25/2023 05/25/23 For Sale $650,000 -- $926 / 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 $66 $208,700 $0 $0
2024 $66 $193,800 $0 $0
2023 $2,919 $168,200 $0 $0
2022 $3,225 $132,500 $0 $0
2021 $3,106 $123,800 $0 $0
2020 $2,995 $122,100 $0 $0
2019 $3,038 $109,700 $0 $0
2018 $3,011 $109,600 $0 $0
2017 $2,955 $111,100 $0 $0
2016 $2,451 $99,900 $0 $0
2015 -- $96,100 $0 $0
2014 -- $92,300 $0 $0
2013 -- $93,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1911429

Northern Great Lakes REALTORS® MLS

APN: 05-12-620-003-00