NOT LISTED FOR SALE

1588 Mcrae Dr Cheboygan, MI 49721

Estimated Value: $419,598 - $472,000

4 Beds
2 Baths
1,826 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 15, 2013

Last sale price $130,000 $71 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,620/month

97 Days on Market

Highlights

  • 154 Feet of Waterfront
  • Wood Flooring
  • First Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • Thermal Windows

About This Home

As of September 2013

Nice big home on 154 feet of Cheboygan River frontage. Spacious home has a very open floor plan, great views and Florida Sunroom to watch boats go by. Dock is already in place. The home is at the junction of the Cheboygan and Black Rivers which open up many options. The home will no tlast long. Priced 30,000 below SEV.

Last Agent to Sell the Property

Matt Sura

WaterWonderland Board Listed on: 04/17/2013

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,255

Year Built

  • Built in 1957

Lot Details

  • 0.69 Acre Lot
  • 154 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,826 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 105-R49-000-021-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,255

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Additional Comments: Missy Kozegai - Buyer Age
  • Estimated Year Built: 1957
  • Section: 8
  • S E V Yr: 97000/2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Features: Deck, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 1826
  • Master Bedroom: Dimensions: 13.4 x 14, On Level: Main
  • Bedroom 2: Dimensions: 10.5 x 13.5, On Level: Upper
  • Bedroom 3: Dimensions: 8.1 x 14, On Level: Upper
  • Bedroom 4: Dimensions: 9.8 x 11.9, On Level: Upper
  • Total Rooms: 8
  • Basement: Full
  • Dining Room: Dimensions: 13 x 16, On Level: Main
  • Kitchen: Dimensions: 13 x 13, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 11.9 x 25, On Level: Main
  • Above Grade Finished Sq Ft: 1826
  • Bathroom 1: Dimensions: 8 x 9, On Level: Main
  • Bathroom 2: Dimensions: 7.1 x 9, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 9.4 x 28, On Level: Main
  • Rooms 2: On Level: Main
  • Windows: Thermo, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Cheboygan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 154
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Oil, Wood
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Cheboygan

Lot Info

  • Estimated Number of Acres: 0.69
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 105-R49-000-021-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2013
Closed on
Sep 12, 2013
Sold by
Secretary Of Housing And Urban Developme
Bought by
Posh David M and Posh Demarice L
Seller's Agent
Matt Sura
WaterWonderland Board
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$168,000
Sold Price
$130,000
Premium/Discount to List
-$38,000
-22.62%
Current Estimated Value
$456,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,900
Avg. Annual Appreciation
10.98%
Original Mortgage
$136,080
Interest Rate
4.39%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Sep 7, 2012
Sold by
Sproul Deputy Lawrence and Cheboygan County
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 5, 2008
Sold by
Hesselink Dennis
Bought by
Goodrich Melissa M

Purchase Details

Closed on
Jun 13, 2008
Bought by
Liquidation Properties, Inc

Purchase Details

Closed on
Jun 6, 2008
Bought by
Hesselink Dennis and Hesselink Tamela

Purchase Details

Closed on
Mar 16, 2007
Sold by
Johnson Susan
Bought by
Option One Mortgage Corporation

Purchase Details

Closed on
Oct 14, 1999
Bought by
Johnson Brad and Johnson Susan

Purchase Details

Closed on
May 20, 1999
Sold by
Jamens William
Bought by
Johnson Development, Inc
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
Posh David M $136,080 --
Secretary Of Housing And Urban Developme -- --
Citimortgage Inc $204,118 --
Goodrich Melissa M $185,500 --
Liquidation Properties, Inc -- --
Hesselink Dennis $138,900 --
Option One Mortgage Corporation $221,000 --
Johnson Brad -- --
Johnson Development, Inc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Posh David M $136,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2013 09/15/13 Sold $130,000 -22.6% $71 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $168,000 -- $92 / 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 $2,255 $203,700 $0 $0
2024 $1,547 $185,600 $0 $0
2023 $1,482 $151,800 $0 $0
2022 $1,436 $136,371 $0 $0
2021 $2,043 $96,000 $96,000 $0
2020 $2,013 $93,800 $93,800 $0
2019 $1,969 $92,700 $92,700 $0
2018 $2,084 $101,400 $0 $0
2017 $1,960 $96,800 $0 $0
2016 $1,928 $95,100 $0 $0
2015 -- $96,800 $0 $0
2014 -- $100,200 $0 $0
2012 -- $97,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Sura

    Seller's Agent in 2013

    Matt Sura

    WaterWonderland Board

    (231) 330-3166

    40 Total Sales

    Matt Sura
    Section Image

  • N

    Buyer's Agent in 2013

    Non member Emmet

    Emmet Association of Realtors

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 436554

Northern Michigan MLS

APN: 105-R49-000-021-00

Michigan Cheboygan County Cheboygan 49721

1588 Mcrae Dr, Cheboygan, MI

This home is located at 1588 Mcrae Dr, Cheboygan, MI 49721 since 17 April 2013 and is currently estimated at $456,900, approximately $250 per square foot. This property was built in 1957. 1588 Mcrae Dr is a home located in Cheboygan County with nearby schools including East Elementary School, Cheboygan Intermediate School, and Cheboygan Area High 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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