NOT LISTED FOR SALE

266 Locust Ln Unit 2C Cadillac, MI 49601

Estimated Value: $406,000 - $708,000

2 Beds
2 Baths
-- Sq Ft
2004 Built

Last Sold March 23, 2018

Last sale price $175,000

Est. 229% increase in value since last sale

Current estimated payment $3,797/month

344 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Lake Privileges
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck

About This Home

As of March 2018

PRICE REDUCED...'Lake Mitchell Condos'...BEAUTIFUL LAKEFRONT CONDO! Breathtaking panoramic lake view! 2 Bedroom, 2 bath, large private storage room, gas fireplace, private covered deck, vinyl railing, , spacious square footage, coded security entrance, elevators, underground sprinkler system, maintenance-free exterior, 1Car garage with opener. Awaiting your personal finishing & decorating touches! (White-box ready!) Sitting on 410 Ft of frontage on gorgeous Lake Mitchell, across the road from the Cadillac Country Club golf course, 1 hour from Lake Michigan or Traverse City! Association dues are $325/ month, plus $40/ month for reserve fund, due the 1st of every month. Dues cover...water (well) & sewer, trash p/u, common area maintenance, snow removal, landscaping, dock maintenance-putting in and taking out, as well, and, exterior building maintenance. (this condo includes a permanent boat slip at the dock, a $3000.00 one-time fee, paid for by seller when they purchased it!! BONUS!)

Last Agent to Sell the Property

Peter Nemish

Coldwell Banker Schmidt-Cadillac License #6506038299 Listed on: 04/06/2017

Last Buyer's Agent

Peter Nemish

Coldwell Banker Schmidt-Cadillac License #6506038299 Listed on: 04/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,877

Year Built

  • Built in 2004

Lot Details

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

Property Views

  • Water
  • Golf Course
  • Countryside Views

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Great Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake Privileges
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • 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

$7,877

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 2004
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 12
  • Univs Design Barrier Free: Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Amenities: Walk-In Closet(s), Pantry, Great Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 16x16, On Level: Main Floor
  • Bedroom 2: Dimensions: 11.9x13.8, On Level: Main Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: COMBOxCOMBO, On Level: Main Floor
  • Kitchen: Dimensions: 12.3x9, On Level: Main Floor
  • Living Room: Dimensions: 25x21.3, On Level: Main Floor
  • Other Room: Dimensions: 18.4x9, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 2140
  • Range: R 10W

Exterior Features

  • Body Of Water: Lake Mitchell
  • Exterior Features: Sprinkler System, Balcony, Deck, Handicap Access, Countryside View, Golf Course View, Landscaped
  • Exterior Finish: Wood, Brick
  • Foundation: Slab
  • Lake Size: 2580 ACRES
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom
  • Waterfront Frontage: 410

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 11.9x6, On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • 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: Second Floor Level

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
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Kenneth E Mccourt Ret
Bought by
Seath T
Current Estimated Value
$576,387

Purchase Details

Listed on
Apr 6, 2017
Closed on
Mar 23, 2018
Sold by
Ryba Lori
Bought by
Kenneth E Mccourt Ret
Seller's Agent
Peter Nemish
Coldwell Banker Schmidt-Cadillac
Buyer's Agent
Peter Nemish
Coldwell Banker Schmidt-Cadillac
List Price
$198,500
Sold Price
$175,000
Premium/Discount to List
-$23,500
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%

Purchase Details

Listed on
Mar 29, 2016
Closed on
Dec 27, 2016
Sold by
Lake Street Group
Bought by
Ryba Lori and Ryba Terry L
Seller's Agent
Peter Nemish
Coldwell Banker Schmidt-Cadillac
Buyer's Agent
Dawn Jacobs
Coldwell Banker Schmidt-Cadillac
List Price
$198,500
Sold Price
$182,500
Premium/Discount to List
-$16,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.33%
Source: Public Records

Range of Values:

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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
Seath T $390,000 --
Kenneth E Mccourt Ret $175,000 --
Ryba Lori -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $175,000 -7.8% --
02/22/2018 02/22/18 Price Changed $189,900 -4.3% --
04/06/2017 04/06/17 For Sale $198,500 +8.8% --
12/27/2016 12/27/16 Sold $182,500 -8.1% $85 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $198,500 -- $93 / 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 $7,877 $286,300 $0 $0
2024 $7,558 $250,100 $0 $0
2023 $5,734 $232,200 $0 $0
2022 $5,734 $181,300 $0 $0
2021 $5,380 $181,400 $0 $0
2020 $5,329 $165,800 $0 $0
2019 -- $191,700 $0 $0
2018 -- $118,286 $0 $0
2017 -- $105,200 $0 $0
2016 -- $68,250 $0 $0
2015 -- $65,000 $0 $0
2013 -- $96,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1829951

Northern Great Lakes REALTORS® MLS

APN: 2110-LM-06