NOT LISTED FOR SALE

3470 Edgewater Dr Cheboygan, MI 49721

Estimated Value: $448,123 - $698,000

3 Beds
2 Baths
2,800 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $360,000 $129 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,475/month

110 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Deck
  • Main Floor Bedroom
  • Mud Room

About This Home

As of August 2020

Imagine yourself sitting by the wood burning fireplace on a chilly day looking out at Lake Huron or sitting on the deck at the water's edge listening the waves roll in, watching the freighters and pleasure boaters pass by. This quality built 3bed/3bath home has it all. An open floor plan perfect for entertaining, quartz counter tops in the kitchen with Alder wood cabinetry, a family room with a wet bar, an office that can also double as a 3rd bedroom, views of the Mackinac Bridge and the Grand Hotel from almost every room, and last but not least a master suite that encompasses the whole second floor with a jacuzzi tub, shower, numerous closets including a large walk in closet and again a large sitting area with views that will take your breath away. Amenities at Point Nipigon include tennis courts, a playground, a lodge, a park and a private beach area and a full time year round property manager living on the grounds. The rails to trails are also just across US23.

Last Agent to Sell the Property

Missy Koszegi

COLDWELL BANKER SCHMIDT CHEBOYGAN License #6506045140 Listed on: 03/19/2020

COLDWELL BANKER SCHMIDT CHEBOYGAN

Last Buyer's Agent

Team Martinchek

Berkshire Hathaway HomeServices-Cheboygan License #6506043613

Berkshire Hathaway HomeServices-Cheboygan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,094

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • Property fronts a private road
  • Landscaped
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a Great Lake

Schools

  • Cheboygan Elementary School
  • Cheboygan High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Shared Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • T38n,R2w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-A01-000-001-26
  • Tax Block 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,094

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: US-23 West from Cheboygan to Point Nipigon. Right at stop sign to 3470 Edgewater
  • Garage Yn: Yes
  • Lot Size: 92x150+/-
  • Prop. Type: Residential
  • Bedroom 1 Level: 2nd
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Water Size: Community Well
  • Year Built: 1986
  • PropertySubType: Residential Water
  • Road Frontage Type: Great Lake
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Gravel, Private
  • Water Body Name: Lake Huron
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Dryer, Dishwasher, Cook Top
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 231-627-9959
  • MLS Status: Closed
  • Subdivision Name: T38N,R2W
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: 2+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 92x150+/-
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Road:Private2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Garage Door Opener2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Appliances Equipmt Blinds: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Baseboard2: Yes
  • HeatingAir Electric7: Yes
  • Exterior Wood3: Yes
  • HeatingAir Hot Water3: Yes
  • Appliances Equipmt Cook Top: Yes
  • Water:Shared Well2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Blinds, Ceiling Fan, Garage Door Opener, Jet Tub, Walk-In Closet(s), Wet Bar
  • Bedroom 3 Level: 1st
  • Family Room Level: 1st
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Features Fireplace3: Yes
  • Interior Features Jet Tub2: Yes
  • Interior Features Walk - In Closet: Yes
  • BasementFoundation:Crawl: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Mud Room: Yes
  • Other Rooms:Family Room: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Smoke Detector2: Yes
  • Interior Features Tile Floor: Yes
  • Interior Features Wet Bar2: Yes

Exterior Features

  • Exterior Features: Cable TV, Deck, Landscaped, Patio/Porch, Sprinkler System
  • Waterfront: Yes
  • Construction Type: Brick, Wood
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features PatioPorch: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Brick2: Yes
  • Exterior Features:Sprinkler System: Yes

Garage/Parking

  • Property Information:Garage Stall2: 1.5
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: Yes

Schools

  • Schools Elementary School: Cheboygan
  • Schools High School: Cheboygan
  • Elementary School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Parcel Number: 041-A01-000-001-26

Tax Info

  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Aug 29, 2020
Sold by
Wheeler Ann E
Bought by
Bodenhamer John T Trust
Seller's Agent
Missy Koszegi
COLDWELL BANKER SCHMIDT CHEBOYGAN
Buyer's Agent
Team Martinchek
Berkshire Hathaway HomeServices-Cheboygan
Sold Price
$360,000
Current Estimated Value
$565,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,781
Avg. Annual Appreciation
9.21%
Original Mortgage
$288,000
Outstanding Balance
$200,607
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$365,174

Purchase Details

Closed on
Oct 28, 2013
Sold by
Point Nipigon On The Straits Resort Club
Bought by
Wheeler Wallace G and Wallace G Wheeler Trust Dated May 29,, 1
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
Bodenhamer John T Trust $360,000 --
Wheeler Wallace G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodenhamer John T Trust $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $360,000 -- $129 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $6,094 $152,600 $0 $0
2024 $4,685 $172,900 $0 $0
2023 $4,473 $143,300 $0 $0
2022 $4,293 $130,900 $0 $0
2021 $5,919 $139,700 $139,700 $0
2020 $2,479 $117,600 $117,600 $0
2019 $2,208 $112,200 $112,200 $0
2018 $2,208 $124,900 $0 $0
2017 $2,082 $107,400 $0 $0
2016 $2,051 $96,300 $0 $0
2015 -- $100,200 $0 $0
2014 -- $98,000 $0 $0
2012 -- $89,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 323364

Water Wonderland Board of REALTORS®

APN: 041-A01-000-001-26