NOT LISTED FOR SALE

297 W Lake Dr Cadillac, MI 49601

Estimated Value: $318,000 - $424,000

2 Beds
2 Baths
1,070 Sq Ft
$338/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $255,000 $238 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,454/month

53 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Cottage
  • Forest View Elementary School Rated 9+
  • Deck
  • Covered Patio or Porch

About This Home

As of April 2021

Unobstructed views of the water with nothing but nature & wildlife across the way! Check out the sellers incredible photos from several seasons of enjoying this property. 75' of private frontage on Lake Mitchell with the privacy of the Big Cove and 1,000 acres of National Forest (seller says tons of waterfowl, coyotes, deer and more). Home has been remodeled from 2016 to present including new roof, drywall, kitchen, bathrooms, lighting, trim, doors and most of the flooring. Main floor bedroom and then the master is the lower level with private bathroom and sliders onto concrete covered patio (perfect setting for an evening night cap watching the sun setting sky). If you don't need 2 bedrooms then you can make the walkout space a family room or rec room instead. This home is located on a cul de sac - quiet, low traffic area just down the road from Camp Torrenta. No need for a dock as there is a great boardwalk all ready to tie up your boat. Another great aspect of this location - perfect for kayaking, paddle boat or paddle board either on the big lake or the canal depending on your speed as the cottage sits on the end of the canal at the opening of the big water. This home is the perfect getaway cottage or year round home. The only thing left to do is paint to your liking and finish the flooring (not included in the sale). All appliances are included! Buy now and have a place to enjoy this Memorial Day!

Last Agent to Sell the Property

Daniella Bell

Coldwell Banker Schmidt-Cadillac License #6506038329 Listed on: 01/14/2021

Coldwell Banker Schmidt-Cadillac

Last Buyer's Agent

Jeff Wagner

Coldwell Banker Schmidt-Cadillac License #6501301902

Coldwell Banker Schmidt-Cadillac

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Private Waterfront
  • 75 Feet of Waterfront
  • Cul-De-Sac
  • Sloped Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Cottage
  • Fire Rated Drywall
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Mackinaw Trail Middle School
  • Cadillac Senior High School

Utilities

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

Community Details

Overview

  • The Hideaway Plat Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,357

Year Built

Built in 1960

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Percent Of Remodel: 90
  • Estimated Year Built: 1960
  • Construction: Timber Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960
  • Year Renovated: 1996

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Water Softener Owned, Washer, Dryer, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Pantry, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13'5"x20', On Level: Lower Floor, Flooring: Concrete
  • Bedroom 2: Dimensions: 8'x13', On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: No
  • Kitchen: Dimensions: 9'x14', On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 13'5"x20', On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 1070

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Lake Mitchell
  • Exterior Features: Deck, Covered Porch
  • Exterior Finish: Wood, Rough-Sawn
  • Foundation: Full, Walkout, Finished Rooms
  • Lake Size: 2500 acres
  • Number Of Acres: 0.16
  • Road: Cul-de-Sac, Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View
  • Waterfront Frontage: 75

Garage/Parking

  • Driveway: Concrete

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 250
  • Association Fees: Annual

Association/Amenities

  • Development Name: The Hideaway Plat

Lot Info

  • Lot Number: 25
  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • HighSchool: Cadillac Senior High School
  • School District: Cadillac Area Public Schools
  • Middle School: Mackinaw Trail Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $255,000 -3.8% $238 / Sq Ft
01/14/2021 01/14/21 For Sale $265,000 +124.6% $248 / Sq Ft
06/08/2016 06/08/16 Sold $118,000 -15.7% $66 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $140,000 -- $78 / 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 $6,357 $149,700 $0 $0
2024 $3,229 $131,400 $0 $0
2023 $5,911 $115,200 $0 $0
2022 $5,911 $113,500 $0 $0
2021 $2,024 $115,900 $0 $0
2020 $2,596 $104,200 $0 $0
2019 $2,980 $58,200 $0 $0
2018 -- $59,200 $0 $0
2017 -- $59,700 $0 $0
2016 -- $53,800 $0 $0
2015 -- $56,300 $0 $0
2013 -- $51,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1883325

Northern Great Lakes REALTORS® MLS

APN: 2110-HP-25