NOT LISTED FOR SALE

3532 W Lake Mitchell Dr Cadillac, MI 49601

Estimated Value: $167,000 - $239,621

3 Beds
2 Baths
1,389 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $105,000 $76 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,238/month

7 Days on Market

Highlights

  • Water Views
  • Public Water Access
  • Ranch Style House
  • Forest View Elementary School Rated 9+
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Turnkey cottage, weekly rental, or year-round home! The seller has had tremendous success renting it as a weekly rental. Located across the street from Lake Mitchell and directly in between two township parks. Both parks are within walking distance. You can wheel your kayaks down to the parks, moor your boat for the day, swim, and picnic. One of the parks is rarely used because there is no parking. 3 bedrooms, 2 baths, and 1,389 square feet. The lot is 146' deep on one side and 156' deep on the other side. Nice large back yard and plenty of parking! The lot also backs up to an undeveloped platted road which is wooded and is great for hiking and walking your dog. The cottage was completely remodeled in 2018 and it's clean, neat, and in great shape! This is a money maker! Go to VRBO.COM and enter following listing number 1423866.

Last Agent to Sell the Property

Michael Fagerman

Cadillac Realty by Fagerman License #6502369720 Listed on: 07/08/2019

Last Buyer's Agent

Michael Fagerman

Cadillac Realty by Fagerman License #6502369720 Listed on: 07/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x146x51x156
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,389 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Public Water Access
  • Property is near a lake
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Cable TV Available

Community Details

Overview

  • Sunny Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Percent Of Remodel: 100
  • Estimated Year Built: 1960
  • Construction: Frame
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960
  • Year Renovated: 2018

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Interior Amenities: Foyer Entrance, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11x10
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 10x8
  • Living Room: Dimensions: 24x11
  • Range: R 10W
  • Total Finished Sf Apx: 1389

Exterior Features

  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 0.17
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Public Lake, Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Dirt

Utilities

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

Association/Amenities

  • Development Name: Sunny Shores

Lot Info

  • Land Features: Level
  • Lot Dimensions: 50x146x51x156
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 30, 2019
Sold by
John C Johnson Inc
Bought by
Shuman Jerri
Seller's Agent
Michael Fagerman
Cadillac Realty by Fagerman
Buyer's Agent
Michael Fagerman
Cadillac Realty by Fagerman
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$205,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,405
Avg. Annual Appreciation
11.49%
Original Mortgage
$65,000
Outstanding Balance
$57,051
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$148,354
Source: Public Records

Range of Values:

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Average Value
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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
Shuman Jerri $105,000 Lakeside Title
John C Johnson Inc $70,000 Lakeside Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John C Johnson Inc $65,000
Closed Shuman Jerri $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $105,000 -4.5% $76 / Sq Ft
07/08/2019 07/08/19 For Sale $109,900 -- $79 / 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 $1,950 $62,200 $0 $0
2024 $990 $55,500 $0 $0
2023 $1,054 $36,500 $0 $0
2022 $1,054 $34,000 $0 $0
2021 $1,028 $32,900 $0 $0
2020 $1,051 $33,500 $0 $0
2019 $791 $24,300 $0 $0
2018 -- $19,100 $0 $0
2017 -- $18,200 $0 $0
2016 -- $18,000 $0 $0
2015 -- $18,000 $0 $0
2013 -- $15,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1864115

Northern Great Lakes REALTORS® MLS

APN: 2210-SUN-24