NOT LISTED FOR SALE

14425 Crestridge Dr Cement City, MI 49233

Estimated Value: $88,000 - $169,000

0.41 Acre
$346,290 Price per Acre
17,860 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $145,000

Est. 2% decrease in value since last sale

Current estimated payment $1,050/month

72 Days on Market

Highlights

  • Private Waterfront
  • Community Lake
  • Lot Has A Rolling Slope

About This Lot

As of August 2023

Perhaps the most desirable lakefront lot at Lake Somerset ever offered, and it could be yours! This large .41 acre walkout building site is high and dry off the water, with a beautiful island Association Park directly out in front of your 78' of lake frontage that provides picture perfect panoramic lake views from sunrise to sunset. Paved road with electric and natural gas utilities at the street, in an area of nice homes. Create your own dream lakefront scenario, there's plenty of room for a lakeside pool, or lush landscaping, or beach, or.... ???

Last Agent to Sell the Property

Larry Wetherby

RE/MAX MID-MICHIGAN-BROOKLYN License #6501362946 Listed on: 05/26/2023

RE/MAX MID-MICHIGAN-BROOKLYN

Last Buyer's Agent

MichRIC Non-Member

NON-MEMBER REALTOR 'LIST'

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,359

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 65x239x78x245
  • Private Waterfront
  • 78 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Property is zoned RL-1, RL-1

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water Views

Community Details

Overview

  • Community Lake

Recreation

  • Recreational Area
  • Water Sports
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,359

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 65x239x78x245
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 2359.0
  • Tax Info:Zoning3: RL-1
  • Waterfront Options:Water Access YN: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Waterfront Options:Water Frontage3: 78.0
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 164900.0
  • Lot Features: Buildable, Recreational
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Water Body Name: Lake Somerset
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Lake
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 150.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Dimensions: 65x239x78x245
  • Lot Size Sq Ft: 17860.0
  • Zoning Description: RL-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2359.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 28, 2023
Sold by
Ventimiglia Phyllis A and Ventimiglia Phyllis
Bought by
Weiss Joseph and Savage Kayla
Seller's Agent
Larry Wetherby
RE/MAX MID-MICHIGAN-BROOKLYN
Buyer's Agent
MichRIC Non-Member
NON-MEMBER REALTOR 'LIST'
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%
Views
45
Current Estimated Value
$141,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,021
Avg. Annual Appreciation
-3.02%

Purchase Details

Closed on
May 19, 2023
Sold by
Ventimiglia Phyllis and Ventimiglia Joseph
Bought by
Ventimiglia Phyllis and Ventimiglia Y

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jul 27, 2018
Sold by
Joseph Brandon and Schira Angela Mary
Bought by
Ventimiglia Joseph V and Ventimiglia Phyllis A
Seller's Agent
Penny Noreika
RE/MAX IRISH HILLS REALTY
Buyer's Agent
Suzanne Creech
RE/MAX IRISH HILLS REALTY
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Aug 13, 2015
Sold by
Fischer Tiffany
Bought by
Schira Brandon Joseph and Schira Angela Mary

Purchase Details

Closed on
May 31, 2014
Sold by
Zeni Robert L and Zeni Cathy L
Bought by
Fischer Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 3, 1994
Sold by
Crowder Larry K
Bought by
Zeni Robert and Zeni Cathy

Purchase Details

Closed on
Mar 30, 1989
Sold by
Crowder Larry K
Bought by
Zeni Robert and Zeni Cathy

Purchase Details

Closed on
Nov 23, 1987
Sold by
Crowder Ellen Mary
Bought by
Crowder Larry K

Purchase Details

Closed on
Aug 1, 1987
Sold by
Sekharan Sekharan S S and Sekharan Alfreda F
Bought by
Crowder Larry K and Crowder Ellen M

Purchase Details

Closed on
Sep 4, 1981
Sold by
Sekharan Sekharan S S and Sekharan Alfreda F
Bought by
Crowder Larry K and Crowder Ellen M

Purchase Details

Closed on
Jun 1, 1977
Bought by
Sekharan Sekharan S and Sekharan Alfreda F
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Weiss Joseph $145,000 --
Ventimiglia Phyllis -- --
Ventimiglia Joseph V -- Midstate Title
Ventimiglia Joseph V -- --
Schira Brandon Joseph $78,000 Midstate Title Agency Of Sou
Fischer Tiffany $50,000 Midstate Title
Zeni Robert $21,000 --
Zeni Robert -- --
Crowder Larry K -- --
Crowder Larry K $18,000 --
Crowder Larry K $18,000 --
Sekharan Sekharan S $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fischer Tiffany $37,500
Closed Ventimiglia Joseph V $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $145,000 -12.1% --
08/06/2023 08/06/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $164,900 +114.2% --
07/27/2018 07/27/18 Sold $77,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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
2025 $3,159 $70,540 $0 $0
2024 $773 $70,540 $0 $0
2023 $597 $57,510 $0 $0
2022 $2,359 $52,090 $0 $0
2021 $2,284 $50,180 $0 $0
2020 $2,279 $50,180 $0 $0
2019 $2,300 $50,180 $0 $0
2018 $2,065 $50,180 $0 $0
2017 $1,990 $45,060 $0 $0
2016 $1,977 $48,830 $0 $0
2015 $535 $48,830 $0 $0
2013 $293 $45,140 $0 $0
2012 $286 $39,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23017537

Southwestern Michigan Association of REALTORS®

APN: 04-205-001-132