$30,500
$50,000
39.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
SOLD DATE : 09/29/2020
Key Details
Sold Price $30,500
Property Type Condo
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 67020036067
Sold Date 09/29/20
Style Other
Bedrooms 2
Full Baths 1
HOA Y/N no
Originating Board Mason Oceana Manistee Board of REALTORS®
Year Built 1991
Property Description
Michigan Shores (a member-owned 55+ housing cooperative) is situated on a majestic ridge overlooking Lake Michigan. For sale is a Membership at Michigan Shores which begins with a one-time payment ($50,000) 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, decor and events. Unit 301-J is a 904 sq. ft., third floor, two bedroom/one bath private north facing unit. There is a monthly fee of $1095. There is also a one-time Capital Fee of $6092 (15% of the Member Share Cost) payable upon membership acceptance.
Location
State MI
County Benzie
Area Frankfort
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
Kitchen Dishwasher, Dryer, Range/Stove, Washer
Interior
Interior Features Cable Available
Hot Water Natural Gas
Heating Baseboard
Fireplace no
Appliance Dishwasher, Dryer, Range/Stove, Washer
Heat Source Natural Gas
Exterior
Garage Description 1 Car
Roof Type Composition
Accessibility Accessible Entrance, Other Accessibility Features
Road Frontage Paved
Garage yes
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Other
Level or Stories 3 Story
Structure Type Vinyl
Schools
School District Frankfort-Elberta
Others
Tax ID 5115000200
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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