Features and Amenities at 3821 Cedar Point Lane

Mackinac Island has been a bucket list destination for over a century. Located just over a mile from the busy downtown area, this immaculate home sits on a small bluff on the southwest part of the island. Views overlook Lake Huron and the Mackinaw Bridge, which provide those million dollar sunsets. Five bedrooms and 4,500sqft of living space create ample room to entertain friends and family. The 60' porch is perfect for enjoying a cocktail or beverage anytime of the day. No detail was missed inside or out.
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Property Features
  • Appliances
  • Dishwasher
  • Range / Oven
  • Refrigerator
  • Washer
  • Heating
  • Radiant
  • Fireplace
  • Heating Fuels
  • Electric
  • Rooms
  • Dining Room
  • Family Room / Living Room
  • Interior Features
  • Basement
  • View
  • Water

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Local Schools

School Score Class Size Distance
Mackinac Island School 9 1.56 mi

Home Details

Bedroom(s)
5
Bathroom(s)
4
Square Footage
4,500
Price per SqFt
$644
Lot Size
--
Stories
--
Property Type
House
Year Built
--
MLS #
449876
Neighborhood
--
County
mackinac
Monthly Est. Mortgage
$14,991
Monthly Est. Insurance
$1,015
Monthly Property Tax
$2,900.00
Last Updated
08/21/2017

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Total Rooms
--
Garage SqFt
--
Year Updated
--
Cooling System
--
Heating System
--
Heating Source
--
Tax Year
--
Tax Amount
$15,764

Price History

Date Event Change Price Source
07/14/2017 Price Reduction $-550,000 (-15.94%) $2,900,000 Northern Michigan MLS (via Listhub)
12/30/2016 First Listed $3,450,000 Northern Michigan MLS (via Listhub)

Estimated Mortgage Rates

Mortgage Calculator

With a current price of $2,900,000 and a mortgage rate of 4.0%, someone purchasing 3821 Cedar Point Lane, Mackinac Island, MI , 49757 could expect to have a monthly payment of $14,991. This assumes a 20% down payment of $580,000 , a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.

Loan Amount
$2,320,000
$0
$2,900,000
Down Payment
20 %
0%
30%
Loan Term
30 years
0 years
40 years
Interest Rate
4 %
0%
7%
Homeowner Insurance
$1,015
$0
$1,015
Property Tax
1.2 %
1%
6%
Principal & Interest$11,076Insurance$1,015Taxes$2,900PMI$0Estimated Payment$14,991

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Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Listing Source:
Northern Michigan MLS (via Listhub)
Offered By:
Kidd & Leavy Real Estate Co. LLC
Office Phone:
231-439-2800
Last Change:
08/21/2017
Days on Site:
257

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