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641 Michigan Avenue Frankfort, MI 49635
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Key Details
Sold Price $38,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 904 sqft
Price per Sqft $42
Subdivision Michigan Shores Cooperative
MLS Listing ID 1201107
Sold Date 11/16/20
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 904
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 ($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. 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 maintenance. The monthly fee does not include upgraded TV channels, internet, electricity and telephone. There is also a one-time Capital Fee of $6,092 (15% of the Member Share Cost) payable upon membership acceptance. As an owner-member, you will enjoy a turnkey residence in a lively community with time to enjoy walking trails, beautiful gardens and wildlife just outside your window. Just minutes from the port city of Frankfort, a bustling resort community with plentiful shopping, excellent restaurants, and a wonderful hometown feel. Walk to downtown Frankfort in 15 minutes, bike it in ten, and drive there in just five. Shown by appointment only. Please contact a Realtor today to learn more about the Michigan Shores Life! MEMBERSHIP SALE - until 10-31-20 - Capital Fee reduced 50%, Now only $3003!
Location
State MI
County Benzie
Area Frankfort (10016)
Zoning Other
Rooms
Basement Block
Interior
Interior Features Window Treatment(s)
Hot Water Gas
Heating Baseboard, Hot Water
Cooling Ceiling Fan(s), Exhaust Fan, Window Unit(s)
Appliance Dishwasher, Disposal, Dryer, Intercom, Range/Oven, Refrigerator, Washer
Exterior
Garage Attached Garage, Gar Door Opener
Garage Spaces 1.0
Amenities Available Exercise/Facility Room, Grounds Maintenance, Pets-Allowed
Waterfront No
Garage Yes
Building
Water Public Water
Architectural Style Other
Structure Type Vinyl Siding
Schools
School District Frankfort-Elberta Area Schools
Others
HOA Fee Include Maintenance Grounds,Snow Removal,Trash Removal,Water,Maintenance Structure,Heating Included
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with REO-TCBeulah-Frankfort-233027