7434 Terrace Avenue Elk Rapids, MI ^$ 494,900

7434 Terrace Avenue

^$ 494,900

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7434 Terrace Avenue

Elk Rapids, MI, 49629

^$ 494,900

Bedrooms3 Baths1.0 Sq 1,530

Monthly Estimate*

^$ 3,289

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Single Family Home for sale in Elk Rapids, MI

for $494,900 with 3 bedrooms and 1 full bath. This 1,530 square foot home was built in 1920 on a lot size of 0.32.

ADORABLE HOME WITH GENEROUSLY SIZED YARD and only 110' from ELK LAKE Public Access at what is arguably the prettiest end of the lake with nearby coves, sandbars and launches. Spend your days on the 641 sq ft deck with new railing, (suitable for a hot tub), while enjoying views of Elk Lake and lovely, low maintenance landscaping. Nights are beautiful on the deck too with excellent moon and sky viewing. Deck previously held a hot tub and has necessary wiring still available. Plenty of room for fun and frolicking in the large backyard. Concrete Pad for boat or RV parking. 26' Trailer currently on concrete pad has served as Seller's "garage" and is included with sale if desired. Pelican water whole house filtration system - only 5 years old. Two paved driveways, one off Cairn Hwy and one off of Terrace Ave. Less than 5 minutes from Maplehurst Land Conservancy Park and a great area for biking enthusiasts. Only 5 minutes to downtown Elk Rapids, 30 minutes to Traverse City. Homeowner has updated and freshened up every bit of the home with meticulous attention to details. Upstairs secondary area offers a lovely work from home office space (flex space). An all around terrific home for any scenario! Come see for yourself!

Single Family Active

Price

^$ 494,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,743

Style

Lot Size

0.32

Year Built

1920

Town/City

Elk Rapids

County/Region

Antrim

MLS | Web ID

80011952

Features

General

Interior Features Bay Window Cathedral/Vaulted Ceiling Walk-In Closet Window Treatment(s)

Heating Baseboard

Kitchen Level Main

Cooling Ceiling Fan(s) Exhaust Fan Window Unit(s)

Possession At Close

Fireplaces Gas Fireplace Wood Stove Electric Fireplace

Exterior Features Deck Fenced Yard Satellite Dish

Water Private Well

Appliances Dishwasher Disposal Dryer Microwave Range/Oven Refrigerator Washer

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1920

Subdivision Maple Harbor MI

Water Heater Gas

County Antrim

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Elk Rapids Twp

Section 10

Zoning Residential

Utilities Cable Available

Structure Style 2 Story

Area Elk Rapids Twp (05006)

Primary City Elk Rapids

Directions Turn Right onto Ames St from 31 go 3.1 miles on Cairn Hwy to Terrace Ave to right to enter property from rear drive or access the front drive from Cairn Hwy.

City Elk Rapids

School District Elk Rapids Schools

Street Name Terrace

Financial Terms Cash Conventional

Legal Description Lot 54 and 53 and part of lot 52 desc as com at the SW Cor of SD Lot 52 on the Ely R/W line of State Rd Th Alg the wly line of lot and the ely r/w of sd rd n21 deg e 68.19to the POB

DOM 228

Postal Code 49629

Price Per Sq Ft Total 323.46

Coming Soon ADORABLE HOME WITH GENEROUSLY SIZED YARD and only 110' from ELK LAKE Public Access at what is arguably the prettiest end of the lake with nearby coves

Interior

Basement Block Full Outside Entrance

Beds 3

Fireplace? Yes

Exterior

Exterior Vinyl Siding

Lot Size Area 0.32

Lot Dimensions 104 x 134

OUT BUILDINGS Shed

Water Features Water View

Waterfront Y/N No

* Excluded Features

List By

Kim Costanza

Listing Agent

Five Star Real Estate - Front St Tc

Broker

kimcostanza6@gmail.com

Affordability Calculator

$3,518

Per Month

Monthly Principal & Interest: $3,289
Monthly Property Taxes: $229
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Elk Rapids, MI

Average List Price ^$483,620

Percent of Sale Price 2%

About Elk Rapids, MI

1,610 Population

-4% Since 2002

^$59,909 Median Income

53.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3763532 Elementary School

3763533 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/19/2023	$494,900	-1.71%	Price Down
10/7/2023	$503,500		Listed Price

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7434 Terrace Avenue, Elk Rapids, MI, 49629 is a Single Family Home for sale at $494,900 with 1,530 sqft and a lot size of 0.32. 7434 Terrace Avenue has 3 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 49629 which is in Elk Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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7434 Terrace Avenue

Single Family Home for sale in Elk Rapids, MI

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