NOT LISTED FOR SALE

3586 E Lake Dr Metamora, MI 48455

Estimated Value: $380,598 - $488,000

3 Beds
2 Baths
2,400 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $210,000 $88 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,704/month

70 Days on Market

Highlights

  • Boat Facilities
  • Den
  • 2 Car Detached Garage
  • Pier or Dock
  • Balcony
  • Patio

About This Home

As of September 2015

All the advantages of lake front living without the loud boats and jet skis to wake you on your leisure time! Merritt Lake is a private lake with no gas motors allowed. The home was renovated in 2004 updated electrical service with generator hook up, windows, siding, roof, Kitchen and baths cabinets and counter tops. The home is open with large rooms for entertaining! The main Bedroom is huge and over looks the lake with a wall of vaulted windows and small balcony. Walk out basement is partially finished and gives you tons of storage. Natural gas heat and only 1000 ft of the paved road.

Last Agent to Sell the Property

Paul Coulter

Realty Executives Main St-Lap License #MISPE-6502352995 Listed on: 04/07/2015

Realty Executives Main St-Lap

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 50x350x50x350

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2-Story Property
  • Family Room
  • Den

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Boat Facilities
  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 01500700900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,176

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 2 Story
  • Total Tax Amount: 2176
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement: Block, Partially Finished, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 24 x 14
  • Bedroom 2: On Entry Level, Dimensions: 14 x 11
  • Bedroom 3: On Entry Level, Dimensions: 12 x 12
  • Bathrooms Description: First Flr Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: Den/Study/Lib, Family Room
  • Dining Room: On Entry Level, Dimensions: 13 x 10
  • Family Room: On Entry Level, Dimensions: 22 x 19
  • Kitchen: On Entry Level, Dimensions: 18 x 10
  • Library Den: On Entry Level, Dimensions: 9 x 7
  • Below Grade Sq Ft: 800
  • Finished Below Grade Sq Ft: 300
  • Above Grade Finished Sq Ft: 2100
  • Total Finished Sq Ft: 2400

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Exterior Balcony, Patio
  • Foundation: Basement
  • Frontage: 50
  • Road: Gravel
  • Water Features: Boat Facility, Dock/Pier Facility, Water View

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 01500700900
  • Lot Description: Deep Lot - 150+ Ft., Platted
  • Lot Dimensions: 50x350x50x350
  • Section: 7
  • Acreage: 0.37
  • Map Side Numeric: 26
  • Map Top Alpha: G
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $785.00
  • Winter Tax: Amount: $1,391.00
  • Total Tax: Amount: $2,176.00

MLS Schools

  • School District: Lapeer Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Mcmillan Michael H and Mcmillan Susan B
Bought by
Boeneman Scott and Boeneman Danielle
Current Estimated Value
$446,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$217,421
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$228,729

Purchase Details

Listed on
Apr 7, 2015
Closed on
Sep 9, 2015
Sold by
Velasco Marie G and Velasco Paul T
Bought by
Stephenson Susan B
Seller's Agent
Paul Coulter
Realty Executives Main St-Lap
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Interest Rate
3.89%

Purchase Details

Closed on
May 16, 2008
Sold by
Fannie Mae
Bought by
Velasco Paul T

Purchase Details

Closed on
Apr 18, 2007
Sold by
Hoffman Douglad Edward and Hoffman Douglas E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 10, 2007
Sold by
Hoffman Cameron Edward
Bought by
Hoffman Douglas Edward

Purchase Details

Closed on
Mar 20, 1997
Sold by
Hoffman Douglas and Hoffman Kerry
Bought by
Hoffman Douglas
Source: Public Records

Range of Values:

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Average Value
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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
Boeneman Scott $350,000 None Available
Boeneman Scott $350,000 None Listed On Document
Boeneman Scott $350,000 Mcmillan Michael H
Stephenson Susan B $210,000 --
Velasco Paul T $183,400 --
Velasco Paul T $183,400 --
Federal National Mortgage Association $207,367 --
Hoffman Douglas Edward -- --
Hoffman Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boeneman Scott $245,000
Closed Boeneman Scott $245,000
Previous Owner Stephenson Susan B --
Previous Owner Stephenson Susan B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $210,000 -4.5% $88 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $219,900 -- $92 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,064 $184,700 $0 $0
2024 $1,335 $180,500 $0 $0
2023 $1,275 $159,800 $0 $0
2022 $3,520 $140,800 $0 $0
2021 $3,230 $120,900 $0 $0
2020 $2,908 $112,600 $0 $0
2019 $2,913 $108,300 $0 $0
2018 $2,713 $100,700 $100,700 $0
2017 $2,666 $98,700 $0 $0
2016 $969 $98,250 $98,250 $0
2015 -- $95,000 $0 $0
2014 -- $97,100 $97,100 $0
2013 -- $79,150 $79,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31236649

Michigan Multiple Listing Service

APN: 015-007-009-00