NOT LISTED FOR SALE

2188 Royal Dr Cheboygan, MI 49721

Estimated Value: $491,000 - $678,000

2 Beds
1.5 Baths
864 Sq Ft
$684/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $329,900 $382 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,455/month

5 Days on Market

Highlights

  • Docks
  • Deck
  • First Floor Utility Room
  • Waterfront
  • Ranch Style House
  • Fireplace

About This Home

As of April 2020

This adorable waterfront home on Mullett Lake's west shore has amazing views of the lake. The Rails to Trails is located just across the street for a short bike ride to Topinabee. The 2 bedroom cottage provides a waterside master bedroom with a private half bath and a guest bedroom large enough to support multiple or bunk beds depending on your sleeping needs. The open floor plan makes the house ''live large''. The natural fireplace for cold winter nights. The galley kitchen readily accommodates your needs with a breakfast area and dining area. An expansive waterside composite deck provides even more amazing views. The shed provides space for your storage needs. This well maintained home is ready to move in!

Last Agent to Sell the Property

Billy Andrew

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6506045131 Listed on: 02/12/2020

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

Mike Gotham

Re/Max North License #6506034824

Re/Max North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,604

Lot Details

  • Waterfront
  • Landscaped

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Docks
  • Deck
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T36n R2w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 130-020-400-004-00
  • Tax Block 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,604

Lot Details

0

Listing Details

  • Directions: Straits Hwy to Royal Drive just North of Topinabee.
  • Garage Yn: No
  • Lot Size: 61.69 x 110 aprox
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: All-Sport
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Gravel
  • Water Body Name: Mullett Lake
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T36N R2W
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 61.69 x 110 aprox
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt RangeOven: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • HeatingAir Baseboard2: Yes
  • HeatingAir Hot Water3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Interior Amenities: Ceiling Fan, Refrigerator, Range/Oven, Doorwall, 1st Flr Master Bdrm
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Features Fireplace3: Yes
  • Interior Features 1st Flr Master Bdrm: Yes
  • BasementFoundation:Crawl: Yes
  • Interior Features Smoke Detector2: Yes
  • Interior Features Stacked WasherDryer: Yes

Exterior Features

  • Exterior Features: Deck, Dock, Landscaped, Shed
  • Waterfront: Yes
  • Construction Type: Vinyl
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features:Shed: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes

Schools

  • Junior High Dist: Inlandlakes

Lot Info

  • Parcel Number: 130-020-400-004-00

Tax Info

  • Tax Block: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 31, 2020
Sold by
Smith Christopher
Bought by
Regorrah John D and Teri
Seller's Agent
Billy Andrew
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Mike Gotham
Re/Max North
Sold Price
$329,900
Current Estimated Value
$576,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,239
Avg. Annual Appreciation
11.27%
Original Mortgage
$296,910
Outstanding Balance
$264,731
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$319,974

Purchase Details

Closed on
Sep 12, 2016
Sold by
Smith Beth and Smith Cristopher
Bought by
Smith Revocable Trust

Purchase Details

Closed on
Mar 25, 2011
Sold by
Yancy Verbon R and Yancy Barbara B
Bought by
Smith Cristopher and Smith Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.99%

Purchase Details

Closed on
Jun 1, 1996
Sold by
Cassio Joseph
Bought by
Yancy Verbon and Yancy Nancy
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
Regorrah John D -- --
Smith Revocable Trust -- None Available
Smith Cristopher $275,000 --
Yancy Verbon $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regorrah John D $75,000
Open Regorrah John D $296,910
Previous Owner Smith Cristopher $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $329,900 -- $382 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
Source: Water Wonderland Board 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 $3,604 $243,400 $0 $0
2024 $1,931 $232,800 $0 $0
2023 $1,561 $172,500 $0 $0
2022 $1,487 $147,500 $0 $0
2021 $2,758 $122,100 $122,100 $0
2020 $2,783 $126,500 $126,500 $0
2019 $2,700 $121,100 $121,100 $0
2018 $4,842 $119,700 $0 $0
2017 $4,756 $119,000 $0 $0
2016 $4,748 $119,100 $0 $0
2015 -- $143,800 $0 $0
2014 -- $122,900 $0 $0
2012 -- $120,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 322955

Water Wonderland Board of REALTORS®

APN: 130-020-400-004-00