NOT LISTED FOR SALE

18877 Lakewood Cir Lake Ann, MI 49650

Estimated Value: $358,000 - $503,202

2 Beds
2 Baths
1,594 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $394,390 $247 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,944/month

14 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of December 2021

If you are looking for an affordable year-round waterfront property with extras beyond a basic cottage, look no further! Situated with 60' on the quiet shores of Sanford Lake, a stone's throw from the charming village of Lake Ann and a short drive to Interlochen and Traverse City, this home features lovely tongue-and-groove wood accents throughout, a nod to it's Northern Michigan surroundings. Highlights include an open plan common area with a lovely fireplace with a raised hearth and mantle for decorating in the living room, an island in the kitchen, French doors to a den off the living room (would make an ideal dining room) and a 3-seasons room for additional living space in warmer months. The laundry is conveniently located just off the spacious foyer entrance near the two bedrooms, which each have sliders to a large shared balcony. There is also a large deck off the walkout level, ideal for entertaining, with clear railing panels to facilitate water views in the home. Accessing your waterfront couldn't be easier - there is no bluff at all, but wood walkway alongside a gently sloping yard with room to play that leads to a sandy beach and custom fire pit area near the water's edge, along with a storage shed for all the water toys, and a private dock for your boat. Outbuildings include the detached 2-car garage with a wood stove and an accessory building that is ideal for a variety of uses - studio, potting shed, workshop, etc. (there's also electric in all outbuildings!). Updates to the property include a newer roof and bathrooms, and a new well pump and bladder. The neighborhood features a playground, beach, and private boat launch, as well as being situated near thousands of acres of state land and trails.

Last Agent to Sell the Property

Mike Street

Coldwell Banker Schmidt Traver License #6502115027 Listed on: 10/26/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Erika Korndorfer

REO-TCRandolph-233022 License #6501379444

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,013

Year Built

  • Built in 1974

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 60x282
  • Private Waterfront
  • 60 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,594 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Den
  • Screened Porch
  • Water Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Waterfront Park
  • Balcony
  • Deck
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Water Softener Leased
  • Cable TV Available

Community Details

Overview

  • Sanford Lake No. 1 Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,013

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1974
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 34
  • Year Updated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Ceiling Fan, Water Softener Rented
  • Interior Amenities: Foyer Entrance, Pantry, Island Kitchen, Den/Study, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11.08x11.08, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.10x11.10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11.01x09.02, On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: 11.10x09.08, On Level: Lower Floor, Flooring: Vinyl
  • Living Room: Dimensions: 20.00x14.08, On Level: Lower Floor, Flooring: Carpet
  • Other Room: Dimensions: 09.02x11.01, On Level: Lower Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 672
  • Estimated Below Grade Finished Sq Ft: 922
  • Price Per Sq Ft: 247.42
  • Range: R 13W
  • Total Finished Sf Apx: 1594

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Workshop
  • Body Of Water: Sanford Lake
  • Exterior Features: Balcony, Deck, Screened Porch
  • Exterior Finish: Wood
  • Foundation: Full, Walkout, Block, Finished Rooms, Full Finished
  • Number Of Acres: 0.4
  • Road: Public Maintained, Gravel
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Sandy Shoreline
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Insert, Wood
  • Heating Cooling Types: Wall
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 24
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Water Front Park, Common Area
  • Development Name: Sanford Lake No. 1

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Lot Number: 9
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level, Sloping
  • Lot Dimensions: 60x282
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 23, 2021
Sold by
Saunders Robert B and Saunders Rhonda L
Bought by
Edwards Jon Marc and Edwards Rebecca Hartman
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Erika Korndorfer
REO-TCRandolph-233022
List Price
$369,500
Sold Price
$394,390
Premium/Discount to List
$24,890
6.74%
Current Estimated Value
$445,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,411
Avg. Annual Appreciation
4.25%
Original Mortgage
$304,000
Outstanding Balance
$284,117
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$174,656

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 13, 2017
Sold by
Stolowski Jeffery A
Bought by
Saunders Robert B and Saunders Rhonda Lynn M
Seller's Agent
Christine Stapleton
Stapleton Realty
Buyer's Agent
Christine Stapleton
Stapleton Realty
List Price
$249,900
Sold Price
$233,000
Premium/Discount to List
-$16,900
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$233,000
Interest Rate
3.82%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Edwards Jon Marc $394,390 Chicago Title Mi
Saunders Robert B $233,000 Attorneys Title Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Jon Marc $304,000
Previous Owner Saunders Robert B $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $394,390 +6.7% $247 / Sq Ft
10/26/2021 10/26/21 For Sale $369,500 +58.6% $232 / Sq Ft
10/13/2017 10/13/17 Sold $233,000 -6.8% $146 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $249,900 -- $157 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $6,013 $198,000 $0 $0
2024 $1,344 $182,800 $0 $0
2023 $1,286 $157,500 $0 $0
2022 -- $122,900 $0 $0
2021 -- $109,700 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1894521

Northern Great Lakes REALTORS® MLS

APN: 01-130-006-00