NOT LISTED FOR SALE

249 Peninsula Dr Cadillac, MI 49601

Estimated Value: $392,000 - $588,000

3 Beds
2 Baths
1,327 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $265,000 $200 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,133/month

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Craftsman Architecture
  • Forest View Elementary School Rated 9+
  • Sandy Beach
  • Deck

About This Home

As of August 2019

Hand crafted custom home at the end of Peninsula Drive on Turnbolm Point and it just couldn't be more peaceful and scenic. Nice big 86x104 lot with an awesome seawall and a great sandy lake bottom. 3 bedrooms, 2 baths, 2-car attached garage, and 1,327 square feet! Very unique house and location! Just look at the pictures!

Last Agent to Sell the Property

Michael Fagerman

Cadillac Realty by Fagerman License #6502369720 Listed on: 06/22/2019

Last Buyer's Agent

MEMBER NON

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,883

Year Built

  • Built in 1985

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61x104x86x94
  • Private Waterfront
  • 86 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,327 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

Overview

  • Peninsula Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,883

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, Craftsman
  • Estimated Year Built: 1985
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 35
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Pantry, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 17x14
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 13x10
  • Living Room: Dimensions: 27.5x25
  • Estimated Above Ground Finished Sq Ft: 1327
  • Price Per Sq Ft: 199.7
  • Range: R 10W
  • Total Finished Sf Apx: 1327

Exterior Features

  • Body Of Water: Lake Mitchell
  • Exterior Features: Deck, Sidewalk
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Block, Entrance Inside
  • Lake Size: 2,560
  • Number Of Acres: 0.16
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Gradual Slope to Water, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 86

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway, Concrete Floors

Utilities

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

Association/Amenities

  • Development Name: Peninsula Shores

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Sloping
  • Lot Dimensions: 61x104x86x94
  • 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
Jun 22, 2019
Closed on
Jul 29, 2019
Sold by
Ferguson Thelma B Est
Bought by
Whipple David J and Whipple Barbara J
Seller's Agent
Michael Fagerman
Cadillac Realty by Fagerman
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$470,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,691
Avg. Annual Appreciation
9.63%
Original Mortgage
$185,500
Outstanding Balance
$162,564
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$308,127
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whipple David J $265,000 Grand Rapids Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whipple David J $185,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $265,000 -1.5% $200 / Sq Ft
06/22/2019 06/22/19 For Sale $269,000 -- $203 / 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 $7,883 $175,100 $0 $0
2024 $4,124 $159,500 $0 $0
2023 $7,217 $149,800 $0 $0
2022 $7,217 $144,700 $0 $0
2021 $7,231 $144,300 $0 $0
2020 $7,296 $144,200 $0 $0
2019 $2,853 $112,100 $0 $0
2018 -- $105,000 $0 $0
2017 -- $110,600 $0 $0
2016 -- $110,700 $0 $0
2015 -- $111,300 $0 $0
2013 -- $101,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Fagerman

    Cadillac Realty by Fagerman

    (231) 920-8970

    63 Total Sales

    Michael Fagerman
    Section Image

  • M

    Buyer's Agent in 2019

    MEMBER NON

    NON MEMBER

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1863276

Northern Great Lakes REALTORS® MLS

APN: 2210-PS-13

Michigan Wexford County Cadillac 49601

249 Peninsula Dr, Cadillac, MI

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.

Northern Great Lakes REALTORS® MLS 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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