MULTIPLE OFFERS, HIGHEST AND BEST DUE 3.15 7 P.M. Live right downtown Elk Rapids while enjoying water views of Elk Lake marina and sunsets over Lake Michigan right from your back porch. This rarely available first floor corner unit is being sold turn key. Ready for you and your family to start making northern Michigan memories right away. Have your boat in your backyard in the marina and take a run through the chain of lakes up to Torch lake, or put it in just a few feet away into Lake Michigan and make your way to Traverse City. This sought after clean 2 bedroom 2 full bath condo even includes a 1 car garage and additional storage space. Additional company wanting to join in, the brand new boutique hotel right accross the street that is opening in summer of 2024 will keep everyone close. With low HOA dues at only $200 per month, forget the worries of mowing and maintenance. Everything you can think of is just a few feet away. Beaches, bars, restaurants, movie theater, coffee bars, tennis courts, pickleball courts, playground, brewery, marina, weekly farmers market. And just 20 min from Traverse City. No STR.
Sold for $399,950
$399,950
115 Dexter St #5, Elk Rapids, MI 49629
2beds
1,100sqft
Condominium, Single Family Residence
Built in 1986
-- sqft lot
$487,100 Zestimate®
$364/sqft
$1,881 Estimated rent
Home value
$487,100
$453,000 - $531,000
$1,881/mo
Zestimate® history
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$4,850/mo
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List your homeWhat's special
Water viewsMovie theaterElk lake marinaPickleball courtsTennis courtsChain of lakesCoffee bars
Zillow last checked:
Listing updated:
Listed by:
JEFF KERMATH 734-649-4903,
KERMATH REALTY LLC 734-649-4903
Bought with:
Dean Templeton, 6501357478
Coldwell Banker Schmidt Traver
Source: NGLRMLS,MLS#: 1920140
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Primary bathroom
- Features: Private
Kitchen
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Living room
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Heating
- Forced Air, Natural Gas
Appliances
- Included: Oven/Range, Dishwasher, Microwave, Washer
- Laundry: Main Level
Features
- Solid Surface Counters, Drywall, Cable TV, High Speed Internet
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
- Finished area above ground: 1,100
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Door Opener, Asphalt
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Stairway (Indoor),First Floor Level
- Patio & porch: Covered
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Great Lake, Near Pub.Access w/in 500'
Lot
- Features: Level
Details
- Additional structures: Second Garage
- Parcel number: 054350000500
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Park, Common Area
Location
- Region: Elk Rapids
- Subdivision: Elk River Cove condo
HOA & financial
HOA
- HOA fee: $2,400 annually
- Services included: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Price range: $400K - $400K
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2024 | Sold | $399,950+2.8%$364/sqft |
Source:  NGLRMLS #1920140 Report a problem | ||
| 3/17/2024 | Pending sale | $389,000$354/sqft |
Source: NGLRMLS #1920140 Report a problem | ||
| 3/13/2024 | Listed for sale | $389,000+11.1%$354/sqft |
Source: NGLRMLS #1920140 Report a problem | ||
| 6/8/2023 | Sold | $350,000+7.7%$318/sqft |
Source: NGLRMLS #1910869 Report a problem | ||
| 5/17/2023 | Pending sale | $325,000$295/sqft |
Source: NGLRMLS #1910869 Report a problem | ||
| 5/12/2023 | Listed for sale | $325,000$295/sqft |
Source: NGLRMLS #1910869 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,604 +2.9% | $200,000 +4.4% |
| 2024 | $3,501 +6.2% | $191,600 +3.8% |
| 2023 | $3,298 | $184,600 +16.1% |
| 2022 | -- | $159,000 +6.9% |
| 2021 | -- | $148,700 +7.8% |
| 2020 | -- | $137,900 +11.4% |
| 2017 | $2,957 | $123,800 +4.5% |
| 2016 | -- | $118,500 -0.4% |
| 2015 | -- | $119,000 +29.6% |
| 2014 | -- | $91,800 +8.8% |
| 2013 | -- | $84,400 +3.8% |
| 2011 | -- | $81,300 -1.7% |
| 2010 | -- | $82,700 |
Find assessor info on the county website
Neighborhood: 49629
Nearby schools
GreatSchools rating
- 8/10Lakeland Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Cherryland Middle SchoolGrades: 6-8Distance: 1 mi
- 10/10Elk Rapids High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- High: Elk Rapids High School
- District: Elk Rapids Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$487,100
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$496,842
- Michigan
- Antrim County
- Elk Rapids
- 49629
- 115 Dexter St Unit 5
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