$407,000
SOLD NOV 27, 2024

694 Colony Beach Ln Cheboygan, MI 49721

2 Beds
2 Baths
1,202 Sq Ft
-- Built

Recently Sold

$339 Per Sq Ft

4% Below List Price

Highlights

  • Docks
  • Deck
  • Sun or Florida Room
  • Waterfront
  • Main Floor Bedroom
  • Cottage

About This Home

As of November 2024

Experience lakefront living year-round in this charming 2-bedroom, 2-bath cottage, offering 200 feet of shared private Mullett Lake frontage with a serene sandy beach. Nestled within a peaceful condo association surrounded by mature trees, this 1,200 sq. ft. retreat is perfect for those seeking tranquility and outdoor beauty. Cozy up by the fireplace on cooler evenings or enjoy the expansive outdoor space during the warmer months. Whether you're looking for a weekend getaway or a full-time residence, this property offers the perfect blend of comfort and nature. Don't miss your chance to own a piece of lakeside paradise—schedule a showing today!

Last Agent to Sell the Property

Missy Koszegi

COLDWELL BANKER SCHMIDT CHEBOYGAN License #6506045140 Listed on: 10/09/2024

COLDWELL BANKER SCHMIDT CHEBOYGAN

Last Buyer's Agent

Melisa Bertram

Real Estate One of Gaylord

Real Estate One of Gaylord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,128

Lot Details

  • Lot Dimensions are 200x460x200x455
  • Waterfront
  • Inland Waterway

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,202 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shared Private Water Access
  • Docks
  • Deck

Schools

  • Cheboygan Elementary School
  • Cheboygan High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Well
  • Shared Septic

Community Details

  • Property has a Home Owners Association
  • T37n, R1w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 105-C19-000-002-00
  • Tax Block SEC 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,128

Lot Details

0

Listing Details

  • Directions: M-33 to Carter Road, Left on McDonald Rd, Right on Colony Beach Lane
  • Garage Yn: Yes
  • Lot Size: 200x460x200x455
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: Inland Waterway
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved, Maintained
  • Water Body Name: Mullett Lake
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Garbage Disposal, Dryer
  • Co List Office Phone: 231-627-9959
  • MLS Status: Closed
  • Subdivision Name: T37N, R1W
  • Above Grade Finished Sq Ft: 1202.0
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Shared-Private Access
  • General Property Information Lot Size Dimensions: 200x460x200x455
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Cottage
  • Property Information Construction: Frame
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Central Air2: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Appliances Equipmt Blinds: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Exterior Wood3: Yes
  • Foundation:Slab: Yes
  • Appliances Equipmt Garbage Disposal2: Yes
  • Water:Shared Well2: Yes
  • Sewer Shared Septic2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Interior Amenities: Blinds, Ceiling Fan
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Other Rooms:Sun Room: Yes
  • Interior Features Fireplace3: Yes

Exterior Features

  • Exterior Features: Deck, Dock
  • Waterfront: Yes
  • Construction Type: Wood
  • Foundation Details: Slab
  • Exterior Features:Deck: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 1
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Sewer: Shared Septic
  • Heating: Central Air, Forced Air, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: Yes
  • TaxesAndPossessionAssociationFeeFrequency: Quarterly

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Schools Elementary School: Cheboygan
  • Schools High School: Cheboygan
  • Elementary School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Parcel Number: 105-C19-000-002-00

Tax Info

  • Tax Block: SEC 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Nov 27, 2024
Sold by
Moursi Mahmoud
Bought by
Mcdonald Joshua and Mcdonald Erin
Seller's Agent
Missy Koszegi
COLDWELL BANKER SCHMIDT CHEBOYGAN
Buyer's Agent
Melisa Bertram
Real Estate One of Gaylord
List Price
$425,000
Sold Price
$407,000
Premium/Discount to List
-$18,000
-4.24%
Current Estimated Value
$376,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,097
Avg. Annual Appreciation
-21.87%
Original Mortgage
$366,300
Outstanding Balance
$364,370
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$31,102

Purchase Details

Closed on
Jun 5, 2017
Sold by
Colony Beach Association Inc
Bought by
Moursi Mahmoud and Moursi Sohair
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $407,000 -4.2% $339 / Sq Ft
10/09/2024 10/09/24 For Sale $425,000 -- $354 / Sq Ft
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 $2,128 $192,000 $0 $0
2024 $1,460 $181,700 $0 $0
2023 $1,399 $131,200 $0 $0
2022 $1,355 $120,175 $0 $0
2021 $1,929 $112,900 $112,900 $0
2020 $1,900 $113,800 $113,800 $0
2019 $1,845 $113,700 $113,700 $0
2018 $1,805 $119,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201832107

Water Wonderland Board of REALTORS®

APN: 105-C19-000-002-00