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Sold for $695,000
    • $695,000

    218 Elizabeth St, East Jordan, MI 49727

    --beds
    --baths
    2,397sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $775,000 Zestimate®
    $290/sqft
    $1,362 Estimated rent

    Home value

    $775,000

    $721,000 - $837,000

    $1,362/mo

    Zestimate® history
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    $4,316/mo

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    $4,316/mo

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    What's special

    Welcome to this charming motel resort located in the vibrant community of East Jordan, directly across from the scenic South Arm of Lake Charlevoix. This popular lodging facility boasts 8 beautifully updated rooms, plus an additional 2-bedroom home, perfect for owner's accommodation or additional rental income. Other features include garage, laundry/storage and a large lot with lots of on site parking Guests will enjoy stunning lake views and convenient public access to Lake Charlevoix just steps away. East Jordan is one of Northern Michigan's beloved destinations, where the Jordan River meets the South Arm of Lake Charlevoix. The area offers numerous waterfront parks, nature trails, a marina, and a lively downtown filled with shops and restaurants.---------------- This property provides easy access to Charlevoix, Boyne Mountain, Petoskey, Lake Michigan, and all the attractions that make Northern Michigan so special. Currently professionally managed, this motel resort is an excellent investment opportunity. Alternatively, it can be operated as an owner-occupied business with the spacious apartment. Don't miss your chance to own a piece of Northern Michigan paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Weaver Home:231-668-6303,

    Berkshire Hathaway Homeservices - TC 231-947-7777

    Bought with:

    Eric Hubschneider, 6501376815

    REO-TCRandolph-233022

    Source: NGLRMLS,MLS#: 1925593MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range
    Features
    • Other, Cable TV, High Speed Internet
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Other
    Interior area
    • Total structure area: 2,397
    • Total interior livable area: 2,397 sqft

    Property

    Parking
    • Parking features: One Car
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch, Covered
    • Waterfront features: Near Pub.Access w/in 500'
    Lot
    • Size: 0.9 Acres
    Details
    • Additional structures: Other
    • Parcel number: 05370500110
    • Zoning description: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Other
    • Roof: Metal/Steel
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Not Applicable

    Community & HOA

    Community
    • Features: Common Area
    • Subdivision: South Arm Retreats
    Location
    • Region: East Jordan

    Financial & listing details

    • Price per square foot: $290/sqft
    • Tax assessed value: $550,200
    • Annual tax amount: $9,865
    • Price range: $695K - $695K
    • Date on market: 8/5/2024
    • Cumulative days on market: 50 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Corporation
    • Lease term: Other

    Price history

    DateEventPrice
    9/24/2024Sold$695,000-7.2%$290/sqft
    Source: NGLRMLS #1925593 Report a problem
    8/16/2024Pending sale$749,000$312/sqft
    Source: NGLRMLS #1925593 Report a problem
    8/5/2024Listed for sale$749,000+149.7%$312/sqft
    Source: NGLRMLS #1925593 Report a problem
    4/21/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/27/2024Listed for rent$3,750$2/sqft
    Source: Zillow Rentals Report a problem
    12/26/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/3/2023Listed for rent$3,750$2/sqft
    Source: Zillow Rentals Report a problem
    9/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/4/2023Listed for rent$3,750-6.3%$2/sqft
    Source: Zillow Rentals Report a problem
    7/7/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/17/2023Price change$4,000-11.1%$2/sqft
    Source: Zillow Rentals Report a problem
    5/10/2023Price change$4,500+50%$2/sqft
    Source: Zillow Rentals Report a problem
    5/10/2023Price change$3,000-60%$1/sqft
    Source: Zillow Rentals Report a problem
    5/5/2023Price change$7,500+150%$3/sqft
    Source: Zillow Rentals Report a problem
    5/3/2023Price change$3,000+20%$1/sqft
    Source: Zillow Rentals Report a problem
    5/1/2023Price change$2,500-10.7%$1/sqft
    Source: Zillow Rentals Report a problem
    5/1/2023Price change$2,800+21.7%$1/sqft
    Source: Zillow Rentals Report a problem
    4/20/2023Price change$2,300+15%$1/sqft
    Source: Zillow Rentals Report a problem
    4/20/2023Price change$2,000-50%$1/sqft
    Source: Zillow Rentals Report a problem
    4/20/2023Listed for rent$4,000$2/sqft
    Source: Zillow Rentals Report a problem
    10/6/2018Sold$300,000-19.5%$125/sqft
    Source: Agent Provided Report a problem
    1/1/2018Listing removed$372,500$155/sqft
    Source: Real Estate One #450772 Report a problem
    6/27/2017Listed for sale$372,500-1.7%$155/sqft
    Source: Real Estate One #450772 Report a problem
    11/30/2016Listing removed$379,000$158/sqft
    Source: Real Estate One - Charlevoix #449194 Report a problem
    7/26/2016Listed for sale$379,000+89.6%$158/sqft
    Source: Real Estate One - Charlevoix #449194 Report a problem
    8/18/2012Listing removed$199,900$83/sqft
    Source: Real Estate One - Charlevoix #430487 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,865 +4.9%$275,100 +42.5%
    2024$9,406 -3.7%$193,100 +23.8%
    2023$9,772 $156,000 -3.5%
    2022-- $161,700 +16.8%
    2021-- $138,400 +32.4%
    2020-- $104,500 -33.9%
    2019-- $158,000 +2.7%
    2018-- $153,800
    2017-- $153,800 +0.7%
    2016-- $152,800 +0.1%
    2015-- $152,700 +7.3%
    2014-- $142,300 +1.8%
    2013-- $139,800 +32.1%
    2011-- $105,855 +1.7%
    2010-- $104,086
    Find assessor info on the county website

    Neighborhood: 49727

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Charlevoix Public 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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