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Sold for $355,000
  • $355,000

    31450 E Side Dr, Beaver Island, MI 49782

    2beds
    1,478sqft
    SingleFamily
    Built in ----
    3.49 Acres Lot
    $421,300 Zestimate®
    $240/sqft
    $2,359 Estimated rent

    Home value

    $421,300

    $396,000 - $451,000

    $2,359/mo

    Zestimate® history
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    $2,260/mo

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    $2,260/mo

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    What's special

    A charming artist-owned lake front home with a fully 400 sf detached mother in law over-the-garage efficiency apartment (included in the square footage). The main living space is a 1078 sf 2BD, 1 BA lakefront home with a beautiful 70’ deck with a screened in porch that hovers over the water for magnificent east facing views, perfect for morning coffee or entertaining guests at sunset. You enter through the foyer to find a HUGE laundry room to the left with a large storage room à côté. There is an additional sunroom off the kitchen/dining area as well with 360 degree views. The bedrooms are separate from the rest of the house. In some of the pictures, you'll see a beautiful, yet inefficient propane wood stove. The stove has been relocated to the sun room for esthetics and there is a now a highly efficient removeable propane heater that can hang on the wall in the winter which cuts the winter heating bills by more than half. The propane stove is being left with the home and can easily be reinserted, if desired. The yard has been landscaped for a small ceremony venue with paths and trails throughout. The east side of Beaver Island has been facing erosions challenges the past few years because of a slow rise in lake levels but the lake has now dropped to its previous levels so what used to be a grassy hill, is now a massive 50 foot deep sandy beach! There are two additional outbuildings on the property for storage or other uses. One is a shed and the other one is piped for propane and has working electrical outlets. The property has been used as both a full time residence, and a rental property, that pays for itself. This residence is a turn key investment property. The home is currently rented this summer for vacationers so text the number listed to set up a showing. It’s being sold by owner AS-IS but the owners will welcome a buyer’s paid realtors for showings.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Laminate
    • Basement: None
    Interior area
    • Total interior livable area: 1,478 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3.49 Acres
    Details
    • Parcel number: 01212501100

    Construction

    Type & style
    • Home type: SingleFamily

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Beaver Island

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $315,200
    • Annual tax amount: $6,471

    Price history

    DateEventPrice
    11/9/2023Sold$355,000-5.8%$240/sqft
    Source: Agent Provided Report a problem
    7/25/2023Price change$377,000-5%$255/sqft
    Source: Northern Michigan MLS #471580 Report a problem
    7/10/2023Listed for sale$397,000-2.5%$269/sqft
    Source: Northern Michigan MLS #471580 Report a problem
    7/6/2023Listing removed--
    Source: Owner Report a problem
    6/27/2023Listed for sale$407,000+117.6%$275/sqft
    Source: Owner Report a problem
    12/17/2020Sold$187,000$127/sqft
    Source: Agent Provided Report a problem
    9/1/2020Listed for sale$187,000-36.6%$127/sqft
    Source: Ed Wojan Realty #463114 Report a problem
    10/22/2019Listing removed$295,000$200/sqft
    Source: Ed Wojan Realty #460116 Report a problem
    9/6/2019Listed for sale$295,000$200/sqft
    Source: Ed Wojan Realty #460116 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,471 +125.5%$157,600 +15.6%
    2024$2,869 +6.4%$136,300 +21.4%
    2023$2,697 $112,300 +30%
    2022-- $86,400 -4.2%
    2021-- $90,200 +1.2%
    2020-- $89,100 -5.9%
    2019-- $94,700 +14.6%
    2018-- $82,600
    2017-- $82,600 -3.4%
    2016-- $85,500 -12.6%
    2015-- $97,800 -8.3%
    2014-- $106,600 -2.6%
    2013-- $109,500 -2.6%
    2012-- $112,383 +2.7%
    2011-- $109,429 +1.7%
    2010-- $107,600
    Find assessor info on the county website

    Neighborhood: 49782

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Beaver Island

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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