NOT LISTED FOR SALE

10938 Devils Lake Hwy Addison, MI 49220

Estimated Value: $323,000 - $397,000

1 Bed
1 Bath
1,095 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $250,000 $228 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,374/month

283 Days on Market

Highlights

  • Pier or Dock
  • Deck
  • Sun or Florida Room
  • Waterfront
  • Ranch Style House
  • Furnished

About This Home

As of June 2020

Ready to enjoy owning a lakefront home? What are you waiting? This cottage is the perfect opportunity to own your own cottage right on the water of All Sports Silver Lake! The open floor plan makes the most of the square footage of this cottage. Main living and kitchen combined 23x28 ! One roomy bedroom just remodeled, and pull out beds in the sunroom can sleep 6-8, with room to add daybeds for additional guests.Updated bath and tile shower. Composite deck can host a crowd! This spacious lot has room to spread out! Storage shed to store the toys! Updated roof ! Appliances included! Recently built concrete seawall and patio has you sunbathing right at the water's edge! Upgrade docks included in the sale and well as most of the furnishings. And most importantly, sandy lake bottom! Just move in and start living your dream!

Last Agent to Sell the Property

Susan Brown

Key Realty One LLC - Summerfield License #MCAR-6501342593 Listed on: 08/26/2019

Key Realty One LLC - Summerfield

Last Buyer's Agent

Susan Brown

Key Realty One LLC - Summerfield License #MCAR-6501342593 Listed on: 08/26/2019

Key Realty One LLC - Summerfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 57x256
  • Waterfront

Parking

  • 3 Car Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,095 Sq Ft Home
  • Furnished
  • Great Room
  • Family Room
  • Sun or Florida Room
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Deck
  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number WD0-115-1310-00

Community Details

Overview

  • Schroeder's Plat Of Silver Lake Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,973

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1950
  • Mail City: Addison
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished
  • Bedrooms: 1
  • Bedroom 1: On Main Floor, Dimensions: 15 x 16
  • Bedroom 1 Floor Covering: Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 4, On Level: Main, Flooring: Ceramic
  • Room Types: Family Room, First Floor Laundry, First Flr Primary Bedroom, Great Room, Sun/Florida Room, Utility/Laundry Room
  • Great Room: On Main Floor, Dimensions: 23 x 17
  • Great Room Floor Covering: Laminate
  • Kitchen: On Main Floor, Dimensions: 18 x 11
  • Kitchen Floor Covering: Laminate
  • Laundry: On Main Floor, Dimensions: 6 x 4
  • Laundry Room Floor Covering: Laminate
  • Sun Room: On Main Floor, Dimensions: 19 x 10
  • Sun Room Floor Covering: Laminate
  • Above Grade Finished Sq Ft: 1095
  • Total Finished Sq Ft: 1095

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Deck, Patio
  • Foundation: Crawl
  • Frontage: 57
  • Lake Name: Silver Lake
  • Road: Paved Street
  • Water Features: All Sports Lake, Dock/Pier Facility, Lake Frontage, Sea Wall, Water View, Waterfront
  • Waterfront: Yes
  • Out Buildings: Shed

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Electric Heat
  • Heating Fuel: Electric
  • Sewer: Other-See Remarks, Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Wall/Window A/C, Window Unit(s)

Lot Info

  • Assessor Parcel Number: WD0-115-1310-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Treed
  • Lot Dimensions: 57x256
  • Acreage: 0.33

Tax Info

  • Summer Tax: Year: 2019, Amount: $915.22
  • Winter Tax: Year: 2018, Amount: $4,056.68
  • Total Tax: Year: 2019, Amount: $4,972.90

MLS Schools

  • School District: Columbia School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jun 25, 2020
Sold by
Stevens Pierre S
Bought by
Arabi Waell A
Seller's Agent
Susan Brown
Key Realty One LLC - Summerfield
Buyer's Agent
Susan Brown
Key Realty One LLC - Summerfield
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Total Days on Market
283
Current Estimated Value
$355,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,966
Avg. Annual Appreciation
7.71%
Original Mortgage
$225,000
Outstanding Balance
$201,725
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,166

Purchase Details

Closed on
Aug 29, 2004
Bought by
Stevens Pierre S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arabi Waell A $250,000 First American Title
Stevens Pierre S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arabi Waell A $225,000
Previous Owner Stevens Pierre S $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $250,000 -16.4% $228 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $299,000 +19.6% $273 / Sq Ft
02/26/2020 02/26/20 Off Market $250,000 -- --
09/09/2019 09/09/19 Price Changed $299,000 -3.2% $273 / Sq Ft
09/06/2019 09/06/19 Price Changed $309,000 -3.1% $282 / Sq Ft
08/26/2019 08/26/19 For Sale $319,000 -- $291 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,776 $164,600 $0 $0
2023 -- $148,300 $0 $0
2022 $5,347 $118,700 $0 $0
2021 $5,317 $118,000 $0 $0
2020 $4,051 $90,600 $0 $0
2019 $322,716 $90,600 $0 $0
2018 $5,000 $50,538 $0 $0
2017 $4,850 $50,907 $0 $0
2016 $4,810 $50,102 $0 $0
2014 -- $38,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Brown

    Seller's Agent in 2020

    Susan Brown

    Key Realty One LLC - Summerfield

    (419) 340-9243

    71 Total Sales

    Susan Brown
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31392416

Michigan Multiple Listing Service

APN: WD0-115-1310-00

Michigan Lenawee County Addison 49220

10938 Devils Lake Hwy, Addison, MI

This home is located at 10938 Devils Lake Hwy, Addison, MI 49220 since 26 August 2019 and is currently estimated at $355,966, approximately $325 per square foot. This property was built in 1950. 10938 Devils Lake Hwy is a home located in Lenawee County with nearby schools including Onsted Elementary School, Onsted Middle School, and Onsted Community High School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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