NOT LISTED FOR SALE

1972 Mc Millan Rd Indian River, MI 49749

Estimated Value: $749,000 - $865,639

3 Beds
2 Baths
1,806 Sq Ft
$444/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $435,000 $241 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,809/month

197 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • First Floor Utility Room
  • Docks
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of December 2018

This charming cottage has been meticulously maintained and is located on 100' of private waterfront on Burt Lake on a very private street. The cottage offers three bedrooms, two full baths, open floor plan with all main floor living, fireplace, two car garage and a large deck overlooking the lake to sit enjoy Summer days. Many recent updates: New roof, new carpet, new tile, exterior paint and shutters. Offered fully furnished.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 04/18/2018

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,797

Year Built

  • Built in 1990

Lot Details

  • 100 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,806 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 161-C05-000-007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,797

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1990
  • Lvt Date: 04/18/2018
  • Section: 11
  • Second Address Number: 1972
  • Directions: From Indian River West on Chippewa Beach Road, to Mac A Vista, left on Mac A Vista left on McMillan Drive to Sign
  • Price per Sq Ft: 240.86
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Deck, Dishwasher, Dock, Gas Fireplace, Range, Refrigerator
  • Total Finished Sq Ft: 1806
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1806
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Burt
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Inland Lakes
  • School District: Inland Lakes

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 161-C05-000-007-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Schultz Stephen E
Bought by
Schultz Stephen E and Jo Mary
Current Estimated Value
$802,660

Purchase Details

Listed on
Apr 18, 2018
Closed on
Dec 11, 2018
Sold by
Netzloff Linda M and Netzloff Richard E
Bought by
Schultz Stephen E and Schultz Mary J
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$345,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Netzloff Richard
Bought by
Netzloff Richard and Linda Ttees

Purchase Details

Closed on
May 24, 2000
Bought by
Netzloff Richard and Netzloff Linda
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
Schultz Stephen E -- --
Schultz Stephen E -- Crossroads Title
Netzloff Richard -- --
Netzloff Richard $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Stephen E $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $435,000 -13.0% $241 / Sq Ft
04/18/2018 04/18/18 For Sale $499,900 -- $277 / 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 $6,797 $416,000 $0 $0
2024 $3,115 $375,800 $0 $0
2023 $2,986 $321,500 $0 $0
2022 $2,843 $274,700 $0 $0
2021 $6,073 $255,800 $255,800 $0
2020 $5,746 $242,300 $242,300 $0
2019 $5,688 $226,000 $226,000 $0
2018 $7,409 $225,800 $0 $0
2017 $7,178 $218,000 $0 $0
2016 $7,109 $225,900 $0 $0
2015 -- $231,600 $0 $0
2014 -- $225,900 $0 $0
2012 -- $221,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 454759

Northern Michigan MLS

APN: 161-C05-000-007-00