NOT LISTED FOR SALE

7229 Cedar Lake Rd Oscoda, MI 48750

Estimated Value: $390,000 - $452,000

3 Beds
2.5 Baths
2,136 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $389,900 $183 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,593/month

14 Days on Market

Highlights

  • 86 Feet of Waterfront
  • Beach Access
  • Lake Privileges
  • Boat Facilities
  • Cabana
  • Cape Cod Architecture

About This Home

As of June 2022

Gorgeous cape cod style home with 3 bed, 2.5 bath with a 3 car heated garage. This home features a formal dining area, separate office with french doors, an upstairs bonus room, 3 seasons room with updated luxury vinyl throughout main level. The gourmet kitchen boasts 14 feet Cambria quartz counter tops, new stainless steel appliances and two pantries. Walk- through the new decorative leaded glass door to an open floor concept. Main floor master is something to see with updated Corian countertops.

Step outside to professionally landscaped grounds with in-ground sprinkler system. Attractive shed matching home and fenced in backyard. Vivant security system with multiple cameras. Full-house generator with new Maytag smart start furnace and AC. This is a Rourke custom home, featured on their website for "Rourkebuilders".

Option to purchase Cedar Lake front property, directly across the street with dock, firepit and landscape beach. Vacant Land MLS #2220034434

Last Listed By

Allison Gorman

Gorman Real Estate Collective License #6502431557 Listed on: 05/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 117x135x124x100
  • 86 Feet of Waterfront
  • Gated Home
  • Sprinkler System

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,136 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Crawl Space
  • Security System Owned

Kitchen

  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Cabana
  • Beach Access
  • Boat Facilities
  • Lake Privileges
  • Enclosed patio or porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Humidifier
  • Heating system powered by renewable energy
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 064L2400056200

Community Details

Overview

  • Lakewood Shores Association, Phone Number (989) 739-2607
  • Lakewood Shores Golf & Country Club No 5 Subdivision

Recreation

  • Water Sports

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

Year Built

Built in 2005

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 2005
  • State Equalized Value: 112500.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Warming Drawer, Washer
  • Sq Ft Combined: 2136
  • Total Sq Ft: 2136

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Cedar Lake
  • Foundation Details: Crawl
  • Construction Materials: Stone, Vinyl
  • Exterior Features: Gate House, Lighting, Fenced, Cabana, Security Patrol
  • Foundation Materials: Block
  • Frontage Feet: 117
  • Porch Type: Porch - Covered, Porch - Enclosed, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 86.00
  • Waterfront Description: Across the Road Water Frontage, Beach Access, Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: 2+ Assigned Spaces, Door Opener, Heated, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Security
  • Association Fee Frequency: Annually
  • Phone: 9897392607|info@lakewoodshorespoa.com
  • Association Fee: 390
  • Association Contact: Lakewood Shores Association | lakewoodshorespoa.co
  • Association Fee: Yes

Schools

  • School District: Oscoda

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.34
  • Lot Dimensions: 117x135x124x100
  • Parcel Number: 064L2400056200

Tax Info

  • Tax Amount Summer: 1332.0000
  • Tax Amount Winter: 1334.0000
  • Total Tax: 2666.0000
  • Taxable Value: 107721.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, ACRFRT

MLS Schools

  • School District: Oscoda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Ferrebee Richard and Ferrebee Katherine
Bought by
Spence Harold and Spence Sue
Total Days on Market
14
Current Estimated Value
$406,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$300,399
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$121,432

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 30, 2022
Sold by
Hough Ted S and Hough Kathy S
Bought by
Ferrebee Richard and Ferrebee Katherine
Seller's Agent
Allison Gorman
Gorman Real Estate Collective
Buyer's Agent
Daffy Duck
Unidentified Office
List Price
$449,000
Sold Price
$389,900
Premium/Discount to List
-$59,100
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$139,900
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2017
Closed on
Mar 16, 2018
Sold by
Rourke Randy M and Rourke Beverly P
Bought by
Hough Ted and Hough Kathy S
Seller's Agent
JUDY LIMBACH
REAL ESTATE ONE NORTHEAST
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$259,000
Sold Price
$253,000
Premium/Discount to List
-$6,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$446,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2006
Sold by
Rourke Custom Homes Inc
Bought by
Rourke Randy M and Rourke Beverly P

Range of Values:

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Average Value
Not Available
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
Spence Harold $380,000 None Listed On Document
Ferrebee Richard $389,900 New Title Company Name
Hough Ted $253,000 --
Rourke Randy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Harold $304,000
Previous Owner Ferrebee Richard $139,900
Previous Owner Hough Ted L $207,500
Previous Owner Hough Ted $446,000
Previous Owner Rourke Randy M $170,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $389,900 0.0% $183 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/22/2022 05/22/22 Price Changed $389,900 -8.3% $183 / Sq Ft
05/17/2022 05/17/22 Price Changed $424,999 -5.3% $199 / Sq Ft
05/12/2022 05/12/22 For Sale $449,000 +77.5% $210 / Sq Ft
03/16/2018 03/16/18 Sold $253,000 -2.3% $118 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $259,000 -- $121 / Sq Ft
Source: Realcomp

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
2024 $3,675 $178,700 $0 $0
2023 $1,793 $141,600 $141,600 $0
2022 $2,801 $122,900 $122,900 $0
2021 $2,707 $112,500 $112,500 $0
2020 $2,610 $108,400 $108,400 $0
2019 $2,526 $101,800 $101,800 $0
2018 $1,960 $79,200 $79,200 $0
2017 $1,730 $82,700 $82,700 $0
2016 $1,665 $82,700 $0 $0
2015 -- $76,200 $0 $0
2014 -- $77,400 $0 $0
2013 -- $78,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Gorman

    Seller's Agent in 2022

    Allison Gorman

    Gorman Real Estate Collective

    (248) 880-2635

    91 Total Sales

    Allison Gorman
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jason Gorman

    Gorman Real Estate Collective

    (248) 733-3541

    14 Total Sales

    Jason Gorman
    Section Image

  • D

    Buyer's Agent in 2022

    Daffy Duck

    Unidentified Office

    (248) 123-4567

    6,609 Total Sales

    Daffy Duck
    Section Image
  • JUDY LIMBACH

    Seller's Agent in 2018

    JUDY LIMBACH

    REAL ESTATE ONE NORTHEAST

    (989) 820-6873

    87 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    MEMBER NON

    NON MEMBER

See All Agents

Map

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Source: Realcomp

MLS Number: 2220034376

Realcomp

APN: 064-L24-000-562-00

Michigan Iosco County Oscoda 48750

7229 Cedar Lake Rd, Oscoda, MI

Homes for Sale in Oscoda, MI

This home is located at 7229 Cedar Lake Rd, Oscoda, MI 48750 since 12 May 2022 and is currently estimated at $421,831, approximately $197 per square foot. This property was built in 2005. 7229 Cedar Lake Rd is a home located in Iosco County with nearby schools including Richardson Elementary School and Oscoda Area High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393