$50,000
$50,000
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2 Beds
1 Bath
904 SqFt
SOLD DATE : 10/19/2020
Key Details
Sold Price $50,000
Property Type Condo
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 904 sqft
Price per Sqft $55
Subdivision Michigan Shores Cooperative
MLS Listing ID 78001201634
Sold Date 10/19/20
Style Other
Bedrooms 2
Full Baths 1
HOA Fees $1,095/mo
Originating Board Aspire North REALTORS®
Year Built 1991
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 ($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 membersâ€"not a separate companyâ€"own and manage the building. Members meet in committees to handle maintenance, accounting, landscaping, investing, dà ©cor 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 which covers expenses related to co-op operation: apartment rent, real estate taxes and insurance, heat, basic-expanded cable TV, garbage/recycling, snow plowing, gardening and outdoor maintenan
Location
State MI
County Benzie
Area Frankfort
Rooms
Kitchen Dishwasher, Disposal, Dryer, Oven, Range/Stove, Refrigerator, Washer
Interior
Interior Features Intercom
Hot Water Natural Gas
Heating Baseboard, Hot Water
Cooling Ceiling Fan(s), Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Door Opener, Attached
Garage Description 1 Car
Pool No
Porch Patio
Garage 1
Building
Lot Description Water View, Wooded, Sprinkler(s)
Sewer Shared Septic (Common)
Water Public (Municipal)
Architectural Style Other
Structure Type Vinyl
Schools
School District Frankfort-Elberta
Others
Pets Allowed Yes
Tax ID 5115000200
Ownership Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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