NOT LISTED FOR SALE

529 Cedar Dr Indian River, MI 49749

Estimated Value: $668,819 - $965,000

3 Beds
1.5 Baths
1,200 Sq Ft
$677/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $340,000 $283 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,906/month

114 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Pellston Elementary School Rated 9+
  • First Floor Utility Room
  • Living Room

About This Home

As of November 2017

Enjoy beautiful Burt Lake sunsets from your deck, or boat at this home on 100 feet of frontage. A classic ranch style provides main floor living, and the two and a half car garage has storage for all your needs. As either a vacation home or year-round residence, this home can be the place where you make pleasant memories of lake living for years to come.

Last Agent to Sell the Property

Geno D'angelo

Real Broker Listed on: 06/14/2017

Real Broker

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Lot Details

  • 0.52

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Heating Available
  • Well
  • Septic System

Additional Features

  • Shed
  • 100 Feet of Waterfront

Listing and Financial Details

  • Assessor Parcel Number 120-C11-000-011-00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/14/2017
  • Section: 35
  • Second Address Number: 529
  • Directions: US 27 N to Eagle's Nest Rd. Left on Cedar Drive
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1200
  • Master Bedroom: Dimensions: 11.6 x 14.6, On Level: Main
  • Bedroom 2: Dimensions: 11.6 x 11.2, On Level: Main
  • Bedroom 3: Dimensions: 10.6 x 11.6, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Crawl
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 13 x 11.6, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 26.6 x 11.6, On Level: Main
  • Above Grade Finished Sq Ft: 1200
  • Bathroom 1: Dimensions: 7.8 x 8.4, On Level: Main
  • Bathroom 2: Dimensions: 6 x 6, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Sunroom 7.63 x 16.6, On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Burt
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Electric
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Inland Lakes

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 120-C11-000-011-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Nov 17, 2017
Sold by
Mary Patricia Vandam T
Bought by
Sands Richard C and Sands Theresa M
Seller's Agent
Geno D'angelo
Real Broker
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$424,500
Sold Price
$340,000
Premium/Discount to List
-$84,500
-19.91%
Current Estimated Value
$812,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,205
Avg. Annual Appreciation
11.29%
Original Mortgage
$359,500
Outstanding Balance
$301,482
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$510,723

Purchase Details

Closed on
Feb 28, 2007
Sold by
Vandam Richard
Bought by
Vandanm Mary Patricia Vandam Ttee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sands Richard C $340,000 --
Vandanm Mary Patricia Vandam Ttee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sands Richard C $359,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $340,000 -19.9% $283 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $424,500 -- $354 / 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 $7,912 $266,100 $0 $0
2024 $5,911 $255,200 $0 $0
2023 $5,644 $243,600 $0 $0
2022 $5,453 $227,600 $0 $0
2021 $7,222 $203,100 $203,100 $0
2020 $7,191 $190,100 $190,100 $0
2019 $6,654 $169,600 $169,600 $0
2018 $6,535 $154,900 $0 $0
2017 $6,417 $157,000 $0 $0
2016 $6,665 $163,500 $0 $0
2015 -- $172,000 $0 $0
2014 -- $169,800 $0 $0
2012 -- $177,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 452240

Northern Michigan MLS

APN: 120-C11-000-011-00