NOT LISTED FOR SALE

3413 W Lake Mitchell Dr Cadillac, MI 49601

Estimated Value: $309,671 - $428,000

1 Bed
1 Bath
1,088 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $221,730 $204 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,452/month

74 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Guest House
  • Forest View Elementary School Rated 9+
  • Private Dock
  • Sandy Beach

About This Home

As of October 2018

Beautiful Lake Mitchell cottage on 50' of sandy bottom frontage. Quality 2x6 construction that was completely renovated in 2005 and features tile flooring, counter tops, and shower. Large loft bedroom can accommodate the whole family. The property also includes a guest house to accommodate friends and family with its own kitchen and bathroom. Other features include 1 car garage for storage, stackable laundry, and on-demand water heater. With nearly 150' of lot depth there is plenty of yard space and room to park. Lake Mitchell is a 2580 acre lake in Cadillac with even more boating area available via canal to Lake Cadillac. Buyer to verify all information and measurements.

Last Agent to Sell the Property

Travis Quist

REMAX Central License #6506049053 Listed on: 06/15/2018

REMAX Central

Last Buyer's Agent

Mike McGuire

Coldwell Banker Schmidt-Cadillac License #6501379230

Coldwell Banker Schmidt-Cadillac

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Private Waterfront
  • 50 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 1 Car Detached Garage

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • 1.5-Story Property
  • Skylights
  • Great Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Covered Patio or Porch

Additional Homes

  • Guest House

Utilities

  • Baseboard Heating
  • Well
  • Water Heated On Demand
  • Water Softener Leased
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Flowing Wells Park Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,749

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Percent Of Remodel: 90
  • Estimated Year Built: 1949
  • Construction: 2x6 Framing, Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1949
  • Year Renovated: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, On Demand Water Heater, Water Softener Rented
  • Interior Amenities: Skylights, Great Room, Drywall
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 32x12, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 12x10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 20x22, On Level: Main Floor, Flooring: Laminate
  • Range: R 10W
  • Total Finished Sf Apx: 1088

Exterior Features

  • Additional Buildings: Guest House
  • Body Of Water: Lake Mitchell
  • Exterior Features: Covered Porch
  • Exterior Finish: Log Siding
  • Foundation: Crawl Space
  • Lake Size: 2580 Acre
  • Number Of Acres: 0.16
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Public Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Detached, Paved Driveway

Utilities

  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: Flowing Wells Park

Lot Info

  • Lot Number: 9
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 50x145
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1451
  • Total Taxes: 2749
  • Winter Taxes: 1298
  • Year Winter: 2017

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Oct 12, 2018
Sold by
Tanya D Holman T
Bought by
Postma Edward J and Postma Pamela J
Seller's Agent
Travis Quist
REMAX Central
Buyer's Agent
Mike McGuire
Coldwell Banker Schmidt-Cadillac
List Price
$244,900
Sold Price
$221,730
Premium/Discount to List
-$23,170
-9.46%
Current Estimated Value
$378,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,188
Avg. Annual Appreciation
7.90%
Original Mortgage
$177,384
Outstanding Balance
$153,591
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$225,327
Source: Public Records

Range of Values:

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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
Postma Edward J $221,730 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Postma Edward J $177,384
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $221,730 -3.4% $204 / Sq Ft
08/21/2018 08/21/18 Price Changed $229,500 -2.3% $211 / Sq Ft
08/13/2018 08/13/18 Price Changed $234,900 -2.7% $216 / Sq Ft
07/21/2018 07/21/18 Price Changed $241,500 -1.4% $222 / Sq Ft
06/15/2018 06/15/18 For Sale $244,900 -- $225 / 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 $5,612 $131,400 $0 $0
2024 $2,971 $119,800 $0 $0
2023 $5,029 $109,400 $0 $0
2022 $5,029 $102,100 $0 $0
2021 $4,895 $101,900 $0 $0
2020 $4,892 $102,400 $0 $0
2019 $4,704 $93,900 $0 $0
2018 -- $84,600 $0 $0
2017 -- $89,900 $0 $0
2016 -- $90,100 $0 $0
2015 -- $90,600 $0 $0
2013 -- $82,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Travis Quist

    Seller's Agent in 2018

    Travis Quist

    RE/MAX Michigan

    (231) 878-0057

    127 Total Sales

    Travis Quist
    Section Image
  • Mike McGuire

    Buyer's Agent in 2018

    Mike McGuire

    Coldwell Banker Schmidt-Cadillac

    (231) 920-1571

    151 Total Sales

    Mike McGuire
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1848420

Northern Great Lakes REALTORS® MLS

APN: 2210-FW0209

Michigan Wexford County Cadillac 49601

3413 W Lake Mitchell 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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