NOT LISTED FOR SALE

7331 McDonald Rd Cheboygan, MI 49721

Estimated Value: $436,000 - $823,000

1 Bed
2 Baths
850 Sq Ft
$731/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $600,000 $706 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,236/month

49 Days on Market

Highlights

  • 100 Feet of Waterfront
  • First Floor Utility Room
  • Living Room
  • Docks
  • 2 Car Detached Garage
  • Shed

About This Home

As of August 2023

7331 McDonald commands one of the best locations on Mullett Lake, where you can be close to town, have sunset and expansive lake views, and enjoy great frontage. 100' of incredible Mullett Lake frontage awaits your vision and is ready for a lifetime of family memories. You can wade forever in the clear waters on the hard-packed sand bottom. Paddleboard or boat the waters of northern Mullett, or explore the inland waterway. The current structure has updated electrical, plumbing, windows, appliances, fixtures, and flooring, and with over an acre of land there is plenty of space to expand to do your own thing. It boasts a 20x24 garage to store your toys and the dock (included). The location is easy to get to and close to so much of Northern Michigan's amenities--just 5 miles from the burgeoning shopping and dining scene in Cheboygan, only a couple minutes from the iconic Hackmatack Inn, and only about 20 miles from the Pellston airport and about 10 miles from I-75. Schedule your tour today and start make memories on the lake!

Last Agent to Sell the Property

Dave Carlson

Kidd & Leavy Real Estate Co. LLC Listed on: 06/22/2023

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 100 x 450
  • 100 Feet of Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 850 Sq Ft Home
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 104-029-100-042-00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/12/2023
  • Section: 29
  • Second Address Number: 7331
  • Directions: From Cheboygan: South on N. Straits Hwy, Turn Left onto M-33 then right onto Carter Rd, then left onto McDonald. From Indian River: North on S. Straits Hwy, then right onto M-33, right onto Carter Rd, and left onto McDonald.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dock, Dryer, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 850
  • Master Bedroom: Dimensions: 21.5 x 10.1, On Level: Upper
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Slab
  • Dining Room: Dimensions: 9 x 8.5, On Level: Main
  • Kitchen: Dimensions: 14 x 10.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 21.5 x 12, On Level: Main
  • Above Grade Finished Sq Ft: 850
  • Bathroom 1: Dimensions: 6.5 x 7.2, On Level: Main
  • Bathroom 2: Dimensions: 5.2 x 8.4, On Level: Upper
  • Number Of Bedrooms: 1
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Mullett
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

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

Schools

  • School District: Cheboygan

Lot Info

  • Estimated Lot Dimensions: 100 x 450
  • Estimated Number of Acres: 1.05
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 104-029-100-042-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 9, 2023
Sold by
Yun Living Trust
Bought by
Rosencrantz Cory Lee and Rosencrantz Stephanie Ann
Seller's Agent
Dave Carlson
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%
Views
94
Current Estimated Value
$682,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,564
Avg. Annual Appreciation
1.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosencrantz Cory Lee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold $600,000 -4.6% $706 / Sq Ft
06/22/2023 06/22/23 For Sale $629,000 -- $740 / 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 $7,921 $206,600 $0 $0
2024 $6,593 $203,100 $0 $0
2023 $1,627 $174,200 $0 $0
2022 $1,577 $153,468 $0 $0
2021 $2,244 $136,000 $136,000 $0
2020 $2,210 $136,400 $136,400 $0
2019 $2,147 $136,400 $136,400 $0
2018 $2,100 $141,700 $0 $0
2017 $1,974 $141,900 $0 $0
2016 $1,943 $142,000 $0 $0
2015 -- $140,000 $0 $0
2014 -- $166,700 $0 $0
2012 -- $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Carlson

    Seller's Agent in 2023

    Dave Carlson

    Kidd & Leavy Real Estate Co. LLC

    (231) 342-3317

    57 Total Sales

    Dave Carlson
    Section Image

  • N

    Buyer's Agent in 2023

    Non member Emmet

    Emmet Association of Realtors

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 471302

Northern Michigan MLS

APN: 104-029-100-042-00

Michigan Cheboygan County Cheboygan 49721

7331 McDonald Rd, Cheboygan, MI

Not Listed for Sale

Detached

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