M
Seller's Agent in 2018
Michael McNamara
RE/MAX Michigan
487 E Lake Mitchell Dr Cadillac, MI 49601
Estimated Value: $884,591 - $1,007,000
4
Beds
3.5
Baths
3,750
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Private Dock
- Cape Cod Architecture
- 62 Feet of Waterfront
- Sandy Beach
- Deck
About This Home
As of September 2018Lake Mitchell masterpiece offering stunning views from sunrise to sunset! Excellent maintenance and care with updating done around 2013, leave the home presenting itself as "like new." Easy care hard surface flooring with radiant heat in most of the main level rooms. Master suite, laundry, and in-home office all conveniently included on the main level. Custom Built by Jim Peterson, Woodsong Construction; one of the areas most respected builders! Pella windows, glass transom windows & french style doors. Cambria Quartz counter tops, central vac, huge walk-in closets, crown moldings, spectacular open staircase, mini-split air conditioning system, and walk-in pantry. Tasteful decor, large bedrooms, sun porch, and a nearly finished basement, add an additional 1800 square feet of usable space, including 1/2 bath and kitchenette area. Attached garage with awesome storage closets. Lake Mitchell is connected to Lake Cadillac via boat navigable canal, the benefit is you have 3,730 surface acres of all sport lake to play on! Motor to City Dock in Cadillac and enjoy concerts, festivals, shopping, restaurants and more. If it's more appealing to you, just spend the day sailing on Lake Mitchell. Fishing is great during all 4 seasons.
Last Agent to Sell the Property
Michael McNamara
REMAX Central License #6501271886 Listed on: 05/09/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,783
Year Built
- Built in 1996
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 98x120x62x120
- 62 Feet of Waterfront
- Sandy Beach
- Level Lot
- Wooded Lot
- The community has rules related to zoning restrictions
Home Design
- Cape Cod Architecture
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3,750 Sq Ft Home
- 2-Story Property
- Bookcases
- Cathedral Ceiling
- Gas Fireplace
- Great Room
- Solarium
- Radiant Floor
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Deeded Waterfront Access Rights
- Property is near a lake
- Private Dock
- Deck
- Shed
Schools
- Mackinaw Trail Middle School
- Cadillac Senior High School
Utilities
- Baseboard Heating
- Well
- Cable TV Available
Community Details
Overview
- Lake Mitchell Community
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2018
Closed on
Sep 6, 2018
Sold by
Oseland Bruce and Oseland Melanie
Bought by
Donley Gerald W and Donley Shari L
Seller's Agent
Michael McNamara
REMAX Central
Buyer's Agent
Marianne Quist
REMAX Central
List Price
$459,000
Sold Price
$430,000
Premium/Discount to List
-$29,000
-6.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,898
Avg. Annual Appreciation
11.34%
Original Mortgage
$344,000
Outstanding Balance
$296,555
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$651,343
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donley Gerald W | $430,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donley Gerald W | $344,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2018 09/10/18 | Sold | $430,000 | -6.3% | $115 / Sq Ft |
| 05/09/2018 05/09/18 | For Sale | $459,000 | -- | $122 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $7,903 | $405,200 | $0 | $0 |
| 2024 | $39 | $324,100 | $0 | $0 |
| 2023 | $7,193 | $274,000 | $0 | $0 |
| 2022 | $7,193 | $280,100 | $0 | $0 |
| 2021 | $6,755 | $234,000 | $0 | $0 |
| 2020 | $6,741 | $205,100 | $0 | $0 |
| 2019 | $6,870 | $212,100 | $0 | $0 |
| 2018 | -- | $219,600 | $0 | $0 |
| 2017 | -- | $227,900 | $0 | $0 |
| 2016 | -- | $231,900 | $0 | $0 |
| 2015 | -- | $204,000 | $0 | $0 |
| 2013 | -- | $173,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Marianne Quist
Buyer's Agent in 2018
Marianne Quist
RE/MAX Michigan
(231) 920-8507
226 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1846266
APN: 2110-WHB-49
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.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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