NOT LISTED FOR SALE

7283 McDonald Rd Cheboygan, MI 49721

Estimated Value: $689,000 - $887,000

3 Beds
1.5 Baths
1,506 Sq Ft
$511/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $340,000 $226 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,444/month

1 Day on Market

Highlights

  • 100 Feet of Waterfront
  • Living Room
  • 1-Story Property
  • First Floor Utility Room
  • Shed
  • Dining Room

About This Home

As of June 2018

Magnificent opportunity to own the perfect up-north cottage on arguably the best area of Mullett Lake with sandy beach and sunsets galore. This 3 bedroom 1 and a half bath cottage exudes character with its cozy wood ceilings and wood burning fireplace all overlooking 100' of sandy beach on Mullett Lake. Create memories for a lifetime at this cottage. Magnificent opportunity to own the perfect up-north cottage on arguably the best area of Mullett Lake with sandy beach and sunsets galore. This 3 bedroom 1 and a half bath cottage exudes character with its cozy wood ceilings and wood burning fireplace all overlooking 100' of sandy beach on Mullett Lake. Create memories for a lifetime at this cottage. Dock and lift included in sale. They are on property but not currently installed on lake. New septic system 2016

Last Agent to Sell the Property

Tony Ray

Coldwell Banker Schmidt - Petoskey Listed on: 05/30/2018

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

See agt remarks Non Member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,298

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 100x400
  • 100 Feet of Waterfront

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,506 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 104-029-100-038-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,298

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/30/2018
  • Section: 29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1506
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Slab
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1506
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Concrete/Block, One Story
  • Lake: Mullett
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Cheboygan

Lot Info

  • Estimated Lot Dimensions: 100x400
  • Estimated Number of Acres: 0.92
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 104-029-100-038-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 28, 2018
Sold by
Laubengayer Barbara A
Bought by
Dundas Ft
Seller's Agent
Tony Ray
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
See agt remarks Non Member Emmet
Emmet Association of Realtors
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$700,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,740
Avg. Annual Appreciation
10.77%
Original Mortgage
$255,000
Outstanding Balance
$222,375
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$482,536

Purchase Details

Closed on
Nov 8, 2006
Sold by
Laubengayer Barbara A
Bought by
Laubengayer Barbara A L and Laubengayer Ewpts
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Dundas Ft -- --
Laubengayer Barbara A L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dundas Ft $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $340,000 -2.8% $226 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $349,900 -- $232 / 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 $7,298 $268,000 $0 $0
2024 $6,074 $260,500 $0 $0
2023 $5,800 $208,400 $0 $0
2022 $5,566 $183,062 $0 $0
2021 $6,517 $164,300 $164,300 $0
2020 $6,525 $164,600 $164,600 $0
2019 $6,028 $152,900 $152,900 $0
2018 $4,341 $159,800 $0 $0
2017 $4,152 $160,200 $0 $0
2016 $4,107 $160,200 $0 $0
2015 -- $160,200 $0 $0
2014 -- $182,000 $0 $0
2012 -- $178,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tony Ray

    Coldwell Banker Schmidt - Petoskey

    Section Image

  • S

    Buyer's Agent in 2018

    See agt remarks Non Member Emmet

    Emmet Association of Realtors

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 455364

Northern Michigan MLS

APN: 104-029-100-038-00

Michigan Cheboygan County Cheboygan 49721

7283 McDonald Rd, Cheboygan, MI

This home is located at 7283 McDonald Rd, Cheboygan, MI 49721 since 30 May 2018 and is currently estimated at $769,613, approximately $511 per square foot. 7283 McDonald Rd is a home located in Cheboygan County with nearby schools including Cheboygan Intermediate School, East Elementary School, and Cheboygan Area High School.

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.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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