NOT LISTED FOR SALE

3980 Edgewater Dr Cheboygan, MI 49721

Estimated Value: $524,000 - $995,000

11 Beds
8 Baths
6,116 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $354,000 $58 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,595/month

Highlights

  • 250 Feet of Waterfront
  • Snowmobile Trail
  • Living Room
  • First Floor Utility Room
  • Patio
  • 1-minute walk to Point Nipigon

About This Home

As of October 2015

A once in a lifetime opportunity to secure a piece of Northern Michigan's Heritage. This cottage consists of 11 bedrooms, 8 baths, and a breath-taking views of the Mackinac Bridge, Mackinac Island, and the Great Lake Shipping Channel. This spectacular property has 250ft of sandy Lake Huron frontage. Call today for more details.

Last Agent to Sell the Property

Sam Coburn

Straits Lakeside Realty, LLC Listed on: 10/22/2013

Last Buyer's Agent

Sam Coburn

Straits Lakeside Realty, LLC Listed on: 10/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,521

Year Built

  • Built in 1914

Lot Details

  • 1.4 Acre Lot
  • 250 Feet of Waterfront

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Wood Frame Construction

Interior Spaces

  • 6,116 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 041-P06-400-001-00

Community Details

Recreation

  • Snowmobile Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,521

Year Built

Built in 1914

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1914
  • Measurement Source: Assessor
  • Section: 4&5
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Features: Dishwasher, Dryer, Patio, Range, Refrigerator, Washer, Wood Fireplace, Near Snowmobile Trails
  • Total Finished Sq Ft: 6116
  • Master Bedroom: Dimensions: 13 X 13, On Level: Upper
  • Bedroom 2: Dimensions: 9 X 15, On Level: Upper
  • Bedroom 3: Dimensions: 9 X 15, On Level: Upper
  • Bedroom 4: Dimensions: 13 X 15, On Level: Main
  • Total Rooms: 26
  • Basement: Crawl
  • Dining Room: Dimensions: 40 X 20, On Level: Main
  • Kitchen: Dimensions: 26 X 22, On Level: Main
  • Family Room: Dimensions: 24 X 20, On Level: Main
  • Living Room: Dimensions: 40 X 20, On Level: Main
  • Above Grade Finished Sq Ft: 6116
  • Bathroom 1: Dimensions: 12 X 7, On Level: Main
  • Bathroom 2: Dimensions: 11 X 12, On Level: Upper
  • Number Of Bedrooms: 11
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Rooms 1: Dimensions: 12 X 23, On Level: Main
  • Rooms 2: Dimensions: 15 X 20, On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Huron
  • Waterfront Frontage: 250
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: Electric, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Yes
  • Fees: 2000

Schools

  • School District: Cheboygan

Lot Info

  • Estimated Number of Acres: 1.4
  • Zoning: Residencial

Tax Info

  • Assessor Parcel Number: 041-P06-400-001-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Sep 27, 2015
Sold by
Chamberlain David B and Spurr James E
Bought by
Norton Family Investments Llc
Seller's Agent
Sam Coburn
Straits Lakeside Realty, LLC
Buyer's Agent
Sam Coburn
Straits Lakeside Realty, LLC
List Price
$525,000
Sold Price
$354,000
Premium/Discount to List
-$171,000
-32.57%
Current Estimated Value
$724,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,601
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Oct 22, 2013
Closed on
Sep 24, 2015
Sold by
Point Nipigon On The Straits Resort Club
Bought by
Norton Family Investments Llc
Seller's Agent
Sam Coburn
Straits Lakeside Realty, LLC
Buyer's Agent
Sam Coburn
Straits Lakeside Realty, LLC
List Price
$525,000
Sold Price
$354,000
Premium/Discount to List
-$171,000
-32.57%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Chamberlain David and Vanvels Nancy
Bought by
Chamberlain David and Nancy Vanvels
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
Norton Family Investments Llc $354,000 Attorneys Title Agency Llc
Norton Family Investments Llc -- None Available
Chamberlain David -- --
Chamberlain David -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $354,000 -32.6% $58 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
10/22/2013 10/22/13 For Sale $525,000 -- $86 / Sq Ft
Source: Northern Michigan 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 $7,521 $242,400 $0 $0
2024 $5,787 $268,300 $0 $0
2023 $5,525 $221,000 $0 $0
2022 $5,303 $199,300 $0 $0
2021 $6,629 $217,500 $217,500 $0
2020 $6,534 $185,000 $185,000 $0
2019 $6,073 $179,600 $179,600 $0
2018 $6,008 $182,300 $0 $0
2017 $5,751 $157,500 $0 $0
2016 $5,692 $143,600 $0 $0
2015 -- $154,900 $0 $0
2014 -- $158,300 $0 $0
2012 -- $147,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sam Coburn

    Straits Lakeside Realty, LLC

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Map

Source: Northern Michigan MLS

MLS Number: 438776

Northern Michigan MLS

APN: 041-P06-400-001-00

Michigan Cheboygan County Cheboygan 49721

3980 Edgewater Dr, Cheboygan, MI

This home is located at 3980 Edgewater Dr, Cheboygan, MI 49721 since 22 October 2013 and is currently estimated at $724,601, approximately $118 per square foot. This property was built in 1914. 3980 Edgewater Dr is a home located in Cheboygan County with nearby schools including East Elementary School, Cheboygan Intermediate School, and Cheboygan Area High School.

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 Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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