$38,000
$40,043
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
SOLD DATE : 11/16/2020
Key Details
Sold Price $38,000
Property Type Single Family Home
Sub Type Stock Cooperative
Listing Status Sold
Purchase Type For Sale
Municipality Frankfort
MLS Listing ID 20036181
Sold Date 11/16/20
Style Other
Bedrooms 1
Full Baths 1
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1991
Tax Year 2020
Property Description
Michigan Shores (a member-owned 55+ housing cooperative) is situated on a majestic ridge overlooking Lake Michigan. Tucked within 19 beautiful wooded acres, it offers spacious, secure apartments supporting an active lifestyle. For sale is a Membership at Michigan Shores which begins with a one-time payment ($40,043) that purchases a share in the Cooperative. The difference between co-op living and conventional home ownership or a condo/townhouse relates to ownership and upkeep. Michigan Shores co-op members—not a separate company—own and manage the building. Members meet in committees to handle maintenance, accounting, landscaping, investing, décor and events. Unit 101-J is a 904 sq. ft., main floor, two bedroom/one bath private end unit with no neighbor on the south.
Location
State MI
County Benzie
Area Traverse City - T
Direction M-115 to M-22 , North to Beech St., West to Michigan Ave. Turn right and then left into Michigan Shores driveway. Showings by Appointment Only. Please contact a Realtor to schedule your showing.
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Fireplace false
Appliance Dryer, Washer, Disposal, Dishwasher, Range
Exterior
Parking Features Asphalt, Driveway
Garage Spaces 1.0
Utilities Available Telephone Line, Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Handicap Access Covered Entrance, Accessible Entrance
Garage Yes
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction No
Schools
School District Frankfort
Others
Tax ID NA
Acceptable Financing Cash
Listing Terms Cash
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