NOT LISTED FOR SALE

529 E Lake Mitchell Dr Cadillac, MI 49601

Estimated Value: $417,975 - $442,000

2 Beds
1 Bath
1,132 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $115,000 $102 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $2,553/month

456 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Porch
  • Deeded Waterfront Access Rights
  • Cottage
  • 2 Car Attached Garage

About This Home

As of September 2017

Private lakefront cottage brought the previous owner and her family years of fun & fond memories. Now looking for a new owner that wants to be on an all sports lake in NW Michigan with 50' of owned frontage with concrete/wood seawall, beautiful front yard and spaces inside to pack in family & guests. Essentially all necessary amenities are on the main floor with a large four season porch overlooking the lake (was used for large dining area before but is great space for recreational or relaxation). Separate smaller dining area off the kitchen and open to the large living room with brick fireplace for those cooler nights. Two good sized bedrooms and full bath on main floor but upstairs is a loft area used as a family room and another room used as guest/kids sleeping area (note the ceiling height doesn't meet uniform appraisal code so this home is technically a 2 bedroom home, finished square footage does not reflect the upper level). Spacious, finished two car attached garage has drive through capability for easy lawn mowing :) Home has been professionally cleaned and a new roof was just installed over the main house this June 2016. Interior is waiting for a new owners updates but can be used right away to enjoy what this summer Up North has to offer. Lake Mitchell is over 2500 acres and attaches to Lake Cadillac through the canal by the state park giving you over 4,000 acres of lake to boat, fish, swim, kayak, etc. This cottage is located on the most desired side of Lake Mitchell. Affordable & available for immediate occupancy!

Last Agent to Sell the Property

Daniella Bell

Coldwell Banker Schmidt-Cadillac Listed on: 06/16/2016

Coldwell Banker Schmidt-Cadillac

Last Buyer's Agent

Lacey McMahon

Five Star Real Estate - Mitchell St Cadillac

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • Private Waterfront
  • 50 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • 1.5-Story Property
  • Paneling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Vinyl Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0 Sq Ft Lot

HOA Fees

$21 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Cottage
  • Estimated Year Built: 1947
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Drywall, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11'6"x10'8", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11'x9'2", On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: Dimensions: 8'10"x7'6", On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10'8"x9', On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 16'10"x13'4", On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 17'3"x9'6", On Level: Main Floor, Flooring: Vinyl
  • Range: R 10W
  • Total Finished Sf Apx: 1132

Exterior Features

  • Body Of Water: Lake Mitchell
  • Exterior Features: Sidewalk, Porch, Gutters
  • Exterior Finish: Brick, Vinyl
  • Foundation: Crawl Space, Slab
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Masonry, Wood
  • Heating Cooling Types: Forced Air
  • Laundry: Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 250

Lot Info

  • Lot Number: 43
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Tax Info

  • Summer Taxes: 1083.23
  • Winter Taxes: 809.39
  • Year Winter: 2015

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 21, 2017
Sold by
Ma Yan Rong and Ma Yun Chi
Bought by
Caldwell Cynthia and Caldwell Scott
Seller's Agent
Daniella Bell
Coldwell Banker Schmidt-Cadillac
Buyer's Agent
Lacey McMahon
Five Star Real Estate - Mitchell St Cadillac
List Price
$225,000
Sold Price
$115,000
Premium/Discount to List
-$110,000
-48.89%
Current Estimated Value
$425,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,992
Avg. Annual Appreciation
16.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Caldwell Cynthia -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $115,000 -48.9% $102 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
06/16/2016 06/16/16 For Sale $225,000 -- $199 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $4,078 $195,400 $0 $0
2024 $21 $157,100 $0 $0
2023 $3,648 $136,800 $0 $0
2022 $3,648 $139,200 $0 $0
2021 $3,429 $118,500 $0 $0
2020 $3,448 $102,600 $0 $0
2019 $5,235 $103,000 $0 $0
2018 -- $69,300 $0 $0
2017 -- $77,300 $0 $0
2016 -- $79,700 $0 $0
2015 -- $67,800 $0 $0
2013 -- $57,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1818596

Northern Great Lakes REALTORS® MLS

APN: 2110-WHB-43E

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