NOT LISTED FOR SALE

7318 T Ave E Scotts, MI 49088

Estimated Value: $683,000 - $874,136

3 Beds
2.5 Baths
3,948 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $536,500 $136 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,959/month

6 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Wood Flooring
  • Indian Lake Elementary School Rated A-
  • Deck
  • Mud Room

About This Home

As of June 2020

Lakefront Luxury
This 3 Bedrooms, 2.5 Baths, 3880 finished sq. ft. , home is located on Indian Lake. From the moment you walk through the front door you realize this home is a stunner. The showstopping wall of windows lets you take in the amazing lakefront views and provides an abundance of natural lighting. The main living space also features amazing built ins, a beautiful gas stone fireplace, gleaming hardwood floors, and vaulted ceiling. Off the living area you will find the kitchen which features stainless appliances, a large breakfast bar, enormous pantry, and even more amazing views. The dining area opens to the kitchen and features double oversized glass sliders that provide access to the gorgeous easy maintenance composite deck and those same amazing lakefront views. The main floor master bedroom suite has plenty of room and includes an oversized custom walk in closet with ample storage. The master bath features double sinks and a spa like shower with dual shower heads and multiple jets. Finishing off the main floor is the half bath and generous sized laundry room with sink and storage.
The finished lower level features two additional good-sized bedrooms with custom closet spaces, as well as a full bath. The open living space on this level is a great second living space and overlooks the oversized stone paver patio that also includes a private fire pit with stone seating, perfect for those chilly nights.
This home has 116' of frontage on Indian Lake, in an area the locals call Munn's Landing, located off the north shore's private drive.

Last Agent to Sell the Property

JoAnne Potts

Chuck Jaqua, REALTOR License #6501248779 Listed on: 05/07/2020

Chuck Jaqua, REALTOR

Last Buyer's Agent

Suzanne Scott

Chuck Jaqua, REALTOR License #6501358756

Chuck Jaqua, REALTOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 116x151x112x116
  • Private Waterfront
  • 116 Feet of Waterfront
  • Decorative Fence
  • Shrub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,948 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • Property is near a lake
  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 278.62
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 116x151x112x116
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3948.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 14098.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 116.0
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Decor Fence: Yes
  • Windows:Storms: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1974.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • LivingArea: 3948.0
  • Window Features: Low-Emissivity Windows, Storms, Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 550000.0
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Surface Type: Paved
  • Water Body Name: Indian Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Baseboard, Forced Air, Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 116x151x112x116
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14098.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 8, 2020
Sold by
7318 N Indian Lakes Drive Llc
Bought by
Scott Suzanne
Seller's Agent
JoAnne Potts
Chuck Jaqua, REALTOR
Buyer's Agent
Suzanne Scott
Chuck Jaqua, REALTOR
List Price
$550,000
Sold Price
$536,500
Premium/Discount to List
-$13,500
-2.45%
Current Estimated Value
$875,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,639
Avg. Annual Appreciation
7.07%
Original Mortgage
$456,025
Outstanding Balance
$404,231
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$381,803

Purchase Details

Closed on
Oct 30, 2019
Sold by
Vantage Opportunity Fund Iv Llc
Bought by
7318 N Indian Lakes Drive Llc

Purchase Details

Closed on
Jul 15, 2019
Sold by
Best Tech Llc
Bought by
Vantage Opportunity Fund Iv Llc

Purchase Details

Closed on
Apr 4, 2018
Sold by
Lambright Donald
Bought by
Best Tech Llc

Purchase Details

Closed on
May 21, 2014
Sold by
Gilsdorf Richard R and Gilsdorf Solongo
Bought by
Gilsdorf Richard R and Richard R Gilsdorf Trust

Purchase Details

Closed on
Apr 18, 2011
Sold by
Durham Jon A
Bought by
Gilsdorf Richard R
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Scott Suzanne $536,500 Chicago Title Of Mi Inc
7318 N Indian Lakes Drive Llc -- Nations Title Agency
Vantage Opportunity Fund Iv Llc -- None Available
Best Tech Llc -- None Available
Lambright Donald -- None Available
Gilsdorf Richard R -- None Available
Gilsdorf Richard R $460,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Suzanne $456,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $536,500 -2.5% $136 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $550,000 -- $139 / Sq Ft
Source: MichRIC

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 $16,594 $455,100 $0 $0
2024 $13,752 $413,000 $0 $0
2023 $13,752 $365,800 $0 $0
2022 $13,752 $339,800 $0 $0
2020 $6,952 $301,000 $0 $0
2019 $13,752 $275,100 $0 $0
2018 $0 $251,100 $0 $0
2017 $0 $251,100 $0 $0
2016 -- $270,300 $0 $0
2015 -- $287,200 $0 $0
2014 -- $233,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20014769

MichRIC

APN: 15-04-100-005