NOT LISTED FOR SALE

1519 Cedar Grove Ln Indian River, MI 49749

Estimated Value: $249,000 - $516,000

2 Beds
1 Bath
780 Sq Ft
$505/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $320,000 $410 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,455/month

Highlights

  • 250 Feet of Waterfront
  • Deck
  • Patio
  • Docks
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2021

Wonderfully maintained cottage on 250' of privately shared frontage of Mullett Lake. Owners have been meticulous about upkeep on this 2 bedroom, 1 bath cottage and detached 2 car garage. Fully furnished, this turn-key cottage is ready for someone to just show up and enjoy! Sandy beach and bottom. Dock included. No drive-bys - on private road.

Last Agent to Sell the Property

Dominic Bragg

Coldwell Banker Fairbairn Realty Listed on: 05/12/2021

Coldwell Banker Fairbairn Realty

Co-Listed By

Jennifer Murphy

Coldwell Banker Fairbairn Realty

Last Buyer's Agent

Pete Stikovich

Little Traverse Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,297

Lot Details

  • 250 Feet of Waterfront
  • Property is zoned P-LS & M-AF

Parking

  • 2 Car Detached Garage

Home Design

  • Log Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Water Source
  • Shared Sewer

Listing and Financial Details

  • Assessor Parcel Number 130-S21-000-008-00+11

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,297

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/12/2021
  • Section: 23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Central Air, Deck, Dock, Patio, Range, Refrigerator
  • Total Finished Sq Ft: 780
  • Master Bedroom: Dimensions: 10 x 9, On Level: Main
  • Bedroom 2: Dimensions: 8 x 10, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Crawl
  • Dining Room: Dimensions: 6 x 8, On Level: Main
  • Kitchen: Dimensions: 11 x 12, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 10.4 x 17.10, On Level: Main
  • Above Grade Finished Sq Ft: 780
  • Bathroom 1: Dimensions: 5 x 9, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: Dimensions: 15 x 10, On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Log, One Story
  • Lake: Mullett
  • Waterfront Frontage: 250
  • Waterfront Water Access: Water Access
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Common
  • Water: Common

Schools

  • School District: Inland Lakes

Lot Info

  • Estimated Lot Dimensions: 62 x 105 + 98 x 105
  • Lot: Y
  • Zoning: P-LS & M-AF

Tax Info

  • Assessor Parcel Number: 130-S21-000-008-00+11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 22, 2021
Sold by
Parker David
Bought by
Deluca Anthony M and Deluca Angela
Seller's Agent
Dominic Bragg
Coldwell Banker Fairbairn Realty
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$317,000
Sold Price
$320,000
Premium/Discount to List
$3,000
0.95%
Current Estimated Value
$393,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,535
Avg. Annual Appreciation
9.43%
Original Mortgage
$256,000
Outstanding Balance
$233,388
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$232,080

Purchase Details

Closed on
Apr 28, 2004
Sold by
Murdock Roger
Bought by
Rowse Rolland and Rowse Cheryl

Purchase Details

Closed on
Jan 26, 1998
Sold by
Kohrs Kenneth K
Bought by
Murdock Roger
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
Deluca Anthony M $320,000 --
Rowse Rolland $280,000 --
Murdock Roger $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Anthony M $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $320,000 +0.9% $410 / Sq Ft
05/12/2021 05/12/21 For Sale $317,000 -- $406 / Sq Ft
Source: Northern Michigan MLS

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 $4,297 $129,600 $0 $0
2024 $1,255 $123,700 $0 $0
2023 $1,202 $102,000 $0 $0
2022 $1,150 $97,600 $0 $0
2021 $1,952 $83,500 $83,500 $0
2020 $1,923 $81,800 $81,800 $0
2019 $1,879 $80,300 $80,300 $0
2018 $1,844 $77,500 $0 $0
2017 $1,785 $63,800 $0 $0
2016 $1,765 $63,900 $0 $0
2015 -- $64,500 $0 $0
2014 -- $72,600 $0 $0
2012 -- $70,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dominic Bragg

    Coldwell Banker Fairbairn Realty

    (231) 622-2843

    20 Total Sales

    Dominic Bragg
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jennifer Murphy

    Coldwell Banker Fairbairn Realty

    (231) 979-6412

    19 Total Sales

    Jennifer Murphy
    Section Image
  • Pete Stikovich

    Buyer's Agent in 2021

    Pete Stikovich

    Little Traverse Bay Realty

    (231) 622-3058

    90 Total Sales

    Pete Stikovich
    Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 465036

Northern Michigan MLS

APN: 130-S21-000-008-00

Michigan Cheboygan County Indian River 49749

1519 Cedar Grove Ln, Indian River, MI

This home is located at 1519 Cedar Grove Ln, Indian River, MI 49749 since 12 May 2021 and is currently estimated at $393,535, approximately $504 per square foot. 1519 Cedar Grove Ln is a home located in Cheboygan County with nearby schools including Inland Lakes Elementary School and Inland Lakes Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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