M
Seller's Agent in 2018
Michael Fagerman
Cadillac Realty by Fagerman
(231) 920-8970
63 Total Sales
247 W Lake Dr Cadillac, MI 49601
Estimated Value: $421,000 - $529,000
4
Beds
2
Baths
1,739
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Sandy Beach
- Forest View Elementary School Rated 9+
- Private Dock
- Deck
About This Home
As of September 2018Lake Mitchell home/cottage on the beautiful Big Cove! The Cove offers spectacular scenic views of the natural and undeveloped south and west shoreline, calm water, wildlife, and most of all, peace and quiet! This is a great place with elevated views of the lake and sandy beach from the large shaded deck. The partial unfinished walk-out basement is ideal for storing all of your lake toys. There's 57 feet of gorgeous sandy beach with a great sandy lake bottom. Very well maintained with a new roof in 2017 and new central air in 2012. Upgraded with maintenance-free trex decking and vinyl railings, on demand hot water, and a back-up generator. Four bedrooms, two full baths, main-floor bedroom and laundry, open floor plan, eat-in kitchen, and a nice large living room with a wall of windows facing the lake. Just a great place!
Last Agent to Sell the Property
Cadillac Realty by Fagerman License #6502369720 Listed on: 08/03/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,550
Year Built
- Built in 1972
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 57x106x64x106
- Private Waterfront
- 57 Feet of Waterfront
- Sandy Beach
- Landscaped
- Sloped Lot
- Sprinkler System
- Cleared Lot
- Wooded Lot
- The community has rules related to zoning restrictions
Home Design
- Poured Concrete
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,739 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Drapes & Rods
- Blinds
- Entrance Foyer
- Water Views
- Michigan Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Private Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Property is near a lake
- Private Dock
- Deck
Utilities
- Forced Air Heating and Cooling System
- Well
- Natural Gas Water Heater
- Cable TV Available
Community Details
Overview
- The Hide Away Community
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2018
Closed on
Sep 20, 2018
Sold by
Mazur John J and Mazur Victoria L
Bought by
Lorenz Carrie
Seller's Agent
Michael Fagerman
Cadillac Realty by Fagerman
Buyer's Agent
Travis Lorenz
Keller Williams Northern Michigan
List Price
$319,000
Sold Price
$312,414
Premium/Discount to List
-$6,586
-2.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,485
Avg. Annual Appreciation
5.57%
Original Mortgage
$281,172
Outstanding Balance
$242,392
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$216,507
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lorenz Carrie | $312,414 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lorenz Carrie | $281,172 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2018 09/28/18 | Sold | $312,414 | -2.1% | $180 / Sq Ft |
| 08/03/2018 08/03/18 | For Sale | $319,000 | -- | $183 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $7,550 | $192,800 | $0 | $0 |
| 2024 | $3,811 | $175,100 | $0 | $0 |
| 2023 | $6,870 | $137,700 | $0 | $0 |
| 2022 | $6,870 | $135,100 | $0 | $0 |
| 2021 | $6,524 | $132,700 | $0 | $0 |
| 2020 | $6,503 | $134,600 | $0 | $0 |
| 2019 | $6,286 | $123,900 | $0 | $0 |
| 2018 | -- | $111,200 | $0 | $0 |
| 2017 | -- | $126,200 | $0 | $0 |
| 2016 | -- | $125,700 | $0 | $0 |
| 2015 | -- | $128,400 | $0 | $0 |
| 2013 | -- | $84,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fagerman
-
Travis Lorenz
Buyer's Agent in 2018
Travis Lorenz
Keller Williams Northern Michigan
(231) 920-5115
32 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1850937
APN: 2110-HP-08A
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.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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