NOT LISTED FOR SALE

226 W Lake Dr Cadillac, MI 49601

Estimated Value: $279,121 - $359,000

3 Beds
1 Bath
1,008 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $200,000 $198 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,024/month

35 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 60 Feet of Waterfront
  • Wood Burning Stove
  • Forest View Elementary School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2021

Whether you are looking for a quiet cottage getaway, or year-round living, this charming home has many fantastic options. The home has direct frontage on Lake Mitchell Canal, where you can tie-up the boat right on your property, and is located directly across street from Lake Mitchell. Shared water access is only a few doors down! There is also a boat launch, public beach and Camp Torenta just minutes away! You can appreciate views of water out almost every window. This wonderful open concept and completely updated interior of home, offers tons of natural light, a spacious family room, and a beautiful stone fireplace to cozy up next to when you return from a long day on the slopes at Caberfae, which is located less than 20 mins away. Relax and relish in the opportunity to be able to sit on the large deck, and fish for bass, walleye, and perch right in your own back yard! After a successful day of fishing wind down with smores by the campfire which is located just a stone’s throw from the canal. Access to state land, which offers cross country trails for skiing, snowmobiling, hiking, trapping and hunting for the next trophy is located across the canal and to the west of the home. You have a great location, check! Great setting and views, check! Updated home, check! Great price, check! So, what are you waiting for? This home is ready to welcome a new loving owner

Last Agent to Sell the Property

Crystal Gober

Traverse Real Estate License #6501383781 Listed on: 12/11/2020

Last Buyer's Agent

Jean Prangley

REMAX Central License #6501386478

REMAX Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x115x60x100
  • 60 Feet of Waterfront
  • Home fronts a canal
  • Landscaped
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Mud Room
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,998

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1960
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Natural Gas Water Heater
  • Interior Amenities: Pantry, Mud Room, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x8.9, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 9.6x8.11, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 3: Dimensions: 10.5x8, On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 16.5x11.5, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 26.5x11.5, On Level: Main Floor, Flooring: Vinyl
  • Range: R 10W
  • Total Finished Sf Apx: 1008

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Lake Mitchell
  • Exterior Features: Deck, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 0.15
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Canal
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway: Concrete

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood, Masonry
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Lot Dimensions: 60x115x60x100
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 27, 2018
Sold by
Johns Scott H and Johns Donna S
Bought by
Geisser Derek T and Finstrom Paula M
Seller's Agent
Daniella Bell
Coldwell Banker Schmidt-Cadillac
Buyer's Agent
Michael Fagerman
Cadillac Realty by Fagerman
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$305,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,530
Avg. Annual Appreciation
12.05%
Original Mortgage
$128,250
Outstanding Balance
$110,561
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$194,969

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 8, 2017
Sold by
Fischer Wendy and Fischer William
Bought by
Johns Donna S and Johns Scott H
Seller's Agent
Daniella Bell
Coldwell Banker Schmidt-Cadillac
Buyer's Agent
Faye Fitch
Century 21 Northland-Frankfort
List Price
$123,500
Sold Price
$125,000
Premium/Discount to List
$1,500
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
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
Geisser Derek T $135,000 --
Johns Donna S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geisser Derek T $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $200,000 -6.9% $198 / Sq Ft
12/11/2020 12/11/20 For Sale $214,900 +59.2% $213 / Sq Ft
08/27/2018 08/27/18 Sold $135,000 -3.5% $132 / Sq Ft View Prior Sale
07/11/2018 07/11/18 For Sale $139,900 +11.9% $136 / Sq Ft
05/08/2017 05/08/17 Sold $125,000 +1.2% $122 / Sq Ft View Prior Sale
04/07/2017 04/07/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $123,500 -- $120 / 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 $4,998 $122,100 $0 $0
2024 $2,566 $125,900 $0 $0
2023 $4,467 $92,000 $0 $0
2022 $4,467 $85,300 $0 $0
2021 $3,271 $63,200 $0 $0
2020 $3,422 $65,900 $0 $0
2019 $3,262 $63,800 $0 $0
2018 -- $56,800 $0 $0
2017 -- $42,200 $0 $0
2016 -- $40,400 $0 $0
2015 -- $39,700 $0 $0
2013 -- $37,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1882640

Northern Great Lakes REALTORS® MLS

APN: 2110-HP-55