NOT LISTED FOR SALE

266 W Lake Dr Cadillac, MI 49601

Estimated Value: $457,000 - $515,000

3 Beds
2 Baths
1,468 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $399,900 $272 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,971/month

63 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Contemporary Architecture
  • Forest View Elementary School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2022

LAKE MITCHELL-TORENTA CANAL FRONTAGE LEADS YOU INTO LAKE MITCHELL for waterfront fun! Come and enjoy this serene setting on the canal, imagine spending the day on a pontoon boat, kayak or an early morning stand up paddleboard in Lake Mitchell, a 2500 acre all sports lake. This immaculate home features a living room with vaulted ceilings, the skylight provides natural light, an energy efficient pellet wood stove and a ceiling fans throughout house for cool breezes on hot summer days. The eat in kitchen offers great views of the canal. Enjoy your morning coffee on the deck while watching for blue herons, ospreys, king fishers, loons, beavers, and muskrats. Additional amenities include 3 bedrooms, 2 full baths; main floor laundry room; maintenance free vinyl siding; attached garage; underground irrigation. Room for your boats on the 120’ seawall.You will appreciate the invisible pet fence for your four-legged family members. Gather around the large built-in firepit to share stories, watch for fireflies, and roast marshmallows. An added plus is the additional building parcel that is included for building your family compound or just keep it for the added privacy. A great location for a get-a-way retreat, you will love relaxing and enjoying time with family and friends in this well-maintained home.

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 04/15/2022

RE/MAX Of Elk Rapids

Last Buyer's Agent

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 04/15/2022

RE/MAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,036

Year Built

  • Built in 1996

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 138 x 126 x 138 x 123
  • Private Waterfront
  • 120 Feet of Waterfront
  • Home fronts a canal
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Entrance Foyer
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Hideaway Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,036

Year Built

Built in 1996

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 1996
  • Construction: 2x6 Framing, Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Water Softener Owned, Washer, Dryer, Blinds, Ceiling Fan
  • Interior Amenities: Skylights, Foyer Entrance, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11'5"x10'8", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12'4"x14'4", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13'7"x10'10, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 14'5"x13'2", On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 14'4"x23'5", On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 1468

Exterior Features

  • Body Of Water: Lake Mitchell
  • Exterior Features: Sprinkler System, Deck, Sidewalk, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.35
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Canal, Public Lake
  • Waterfront Frontage: 120

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Stove, Pellet
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 5'x9'2", On Level: Main Floor, Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 100
  • Association Fees: Annual

Association/Amenities

  • Development Name: Hideaway

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 138 x 126 x 138 x 123
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 2564
  • Total Taxes: 5036
  • Winter Taxes: 2472
  • Year Winter: 2021

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 24, 2022
Sold by
Meverden Gary
Bought by
Michael Leonard F and Royzen Svetlana
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$477,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,454
Avg. Annual Appreciation
5.38%
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
Michael Leonard F $399,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $399,900 0.0% $272 / Sq Ft
04/15/2022 04/15/22 For Sale $399,900 -- $272 / 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 $5,427 $197,500 $0 $0
2024 $2,740 $207,000 $0 $0
2023 $4,379 $152,600 $0 $0
2022 $4,379 $140,600 $0 $0
2021 $5,036 $134,800 $0 $0
2020 $5,032 $140,300 $0 $0
2019 $4,842 $138,900 $0 $0
2018 -- $121,900 $0 $0
2017 -- $92,700 $0 $0
2016 -- $90,300 $0 $0
2015 -- $93,800 $0 $0
2013 -- $86,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898607

Northern Great Lakes REALTORS® MLS

APN: 2110-HP-43