NOT LISTED FOR SALE

3980 Edgewater Dr Cheboygan, MI 49721

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

11 Beds
7 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 $4,428/month

626 Days on Market

Highlights

  • Waterfront
  • Main Floor Bedroom
  • Mud Room
  • Wood Flooring
  • Sun or Florida Room
  • 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

Lakeside Realty License #6504249156 Listed on: 10/18/2013

Last Buyer's Agent

Sam Coburn

Lakeside Realty License #6504249156 Listed on: 10/18/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,521

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 250 x 250
  • Waterfront

Parking

  • Carport

Home Design

  • Frame Construction

Interior Spaces

  • 6,116 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Sun or Florida Room
  • First Floor Utility Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • East Elementary School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,521

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 6116.00
  • Home Age: 31+ Years Approx
  • Directions: US23 INTO POINT NIPIGON, RIGHT ON EDGEWATER. PROPERTY ON LEFT.
  • Garage Yn: No
  • Lot Size: 250 x 250
  • Open House Office I D: 20060320195608961323000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: 2+ Story
  • Total Bedrooms: 11
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • AppliancesAndEquipmt: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Foreclosure: No
  • Lower Floor 1 Half Bathrooms: 2
  • Interior Amenities: Fireplace, Hardwood Floors
  • Laundry: Main Level
  • Other Rooms: Den/Study, Family Room, Formal Dining, Game Room, Mud Room, Sun Room
  • Bedroom 3 Level: 2nd
  • Bedroom 4 Level: 2nd
  • Family Room Level: 1st
  • Utility Room Level: 1st
  • Total Bathrooms: 8.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Shingles
  • Foundation: Crawl
  • Road: Gravel
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Carport

Utilities

  • Heating Air: Baseboard, Electric, Hot Water
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Cheboygan Area
  • Elementary School: East
  • School District: Cheboygan Area
  • Schools Elementary School: East
  • Elem School Dist Number: 3980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 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
Lakeside Realty
Buyer's Agent
Sam Coburn
Lakeside Realty
Sold Price
$354,000
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 18, 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
Lakeside Realty
Buyer's Agent
Sam Coburn
Lakeside Realty
Sold Price
$354,000

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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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
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 -- $58 / Sq Ft
07/06/2015 07/06/15 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 $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

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 287774

Water Wonderland Board of REALTORS®

APN: 041-P06-400-001-00