NOT LISTED FOR SALE

262 Locust Ln Cadillac, MI 49601

Estimated Value: $459,000 - $729,000

3 Beds
2 Baths
2,164 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $615,000 $284 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,940/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake Privileges
  • 410 Feet of Waterfront
  • Sandy Beach
  • Great Room

About This Home

As of June 2023

Lake Mitchell Condominium! Gorgeous, immaculate, and bright third-floor unit with truly incredible elevated views! The balcony just pulls you out toward the lake, however, the large open living room, dining area, and kitchen all have spectacular views of the lake as well. The lake views continue with the large lakeside ensuite with a walk-through closet to the beautiful custom tiled bathroom. The condo is very spacious with 3 bedrooms, 2 baths, 2,164 square feet, plenty of closets, laundry room, and additional storage in the mechanical room. Also included is an attached garage, the pristine sandy lake bottom, incredible sunsets, and a boat slip! With a lake on one side and golf course on the other side, this location is as good as it gets!

Last Agent to Sell the Property

Michael Fagerman

Cadillac Realty by Fagerman License #6502369720 Listed on: 05/25/2023

Last Buyer's Agent

Daniella Bell

Coldwell Banker Schmidt-Cadillac License #6506038329

Coldwell Banker Schmidt-Cadillac

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,999

Year Built

  • Built in 2012

Lot Details

  • 410 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $625 Monthly HOA Fees

Property Views

  • Water
  • Golf Course

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,164 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Lake Privileges
  • Balcony

Utilities

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

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, sewer, snow removal, trash removal, water
  • Lake Mitchell Condominiums Community

Amenities

  • Common Area
  • Elevator

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,999

Year Built

Built in 2012

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2012
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 12
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Great Room, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 16.5x16.5
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12.5x10
  • Living Room: Dimensions: 22x18
  • Estimated Above Ground Finished Sq Ft: 2164
  • Price Per Sq Ft: 284.2
  • Range: R 10W
  • Total Finished Sf Apx: 2164

Exterior Features

  • Body Of Water: Lake Mitchell
  • Exterior Features: Sprinkler System, Balcony, Sidewalk, Golf Course View, Landscaped
  • Exterior Finish: Wood, Brick
  • Foundation: Slab
  • Lake Size: 2580
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Private Dock, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 410

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Attached, Drive Under/Built-In, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • 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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 625

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Common Area
  • Development Name: Lake Mitchell Condominiums

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2017
Sold by
Gubancsik Rodney Joe
Bought by
Jessup Bryan R and Jessup Kathleen A
Current Estimated Value
$608,995

Purchase Details

Closed on
Feb 24, 2012
Sold by
Aspendale Group Llc
Bought by
Gubancsik Rodney Joe
Source: Public Records

Range of Values:

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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
Jessup Bryan R -- None Available
Gubancsik Rodney Joe $147,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $615,000 +1.0% $284 / Sq Ft
05/25/2023 05/25/23 For Sale $609,000 -- $281 / 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 $12,999 $289,200 $0 $0
2024 $5,946 $252,500 $0 $0
2023 $5,747 $234,600 $0 $0
2022 $5,747 $183,200 $0 $0
2021 $5,399 $183,300 $0 $0
2020 $5,400 $167,600 $0 $0
2019 -- $193,600 $0 $0
2018 -- $156,500 $0 $0
2017 -- $76,300 $0 $0
2016 -- $93,800 $0 $0
2015 -- $73,300 $0 $0
2013 -- $73,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1911484

Northern Great Lakes REALTORS® MLS

APN: 2110-LM-12