NOT LISTED FOR SALE

7431 Lake Forest Dr Clarkston, MI 48346

Estimated Value: $1,044,000 - $1,635,000

4 Beds
4.5 Baths
4,500 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $1,340,000 $298 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,303/month

104 Days on Market

Highlights

  • Private Waterfront
  • Gated Community
  • Fireplace in Primary Bedroom
  • Dock Facilities
  • Built-In Refrigerator
  • Deck

About This Home

As of November 2023

*Homeowner Offering Valuable Concession*

Welcome to your dream lakefront home! Located on the all-sports Maceday/Lotus lake, this exclusive property is part of the private Lake Forest community, which consists of just seven homes. With its beautiful transitional traditional design, this house boasts a stunning view of the lake and offers the perfect combination of luxury and comfort.

Inside, you'll find four bedrooms, including a guest bedroom overlooking the lake, and 4.5 bathrooms, with two beautifully updated with quartz countertops and newly tiled tub and shower. The spacious ensuite master bathroom is a luxurious retreat with a large soaker tub, newly remodeled shower, and heated floors, along with two walk-in closets.

The home's selling features include four fireplaces, hardwood floors, crown molding throughout, Andersen windows, and a great room with a fireplace that overlooks the lake. The formal dining room is perfect for entertaining guests, and the large kitchen island with granite countertops and built-in Sub-Zero refrigerator, Electric Bosch range and Asko dishwasher will delight any chef.

Outdoors, you'll find a 161ft galvanized steel seawall, new PVC dock, and a beautiful beach area. The large, functional backyard area features a brick paver patio, driveway, and a Trex deck, providing the perfect space for relaxing and enjoying the stunning lake views. The home also has a sprinkler system and landscape lighting, a whole-home Onan generator, and a three-car garage with Polyaspartic flooring.

The fully finished lower level includes a second full kitchen, full bath, office, and workout room that could be converted to a bedroom, as well as a gas fireplace with custom built-in bookcases and walk-out access to the backyard by the lake. The house also has central vac, an intercom system, a Guardian security system, and a Nest camera.

With a newer roof only two years old and a 50-year transferable warranty, a 75-gallon hot water tank from 2017.
**Homeowner Offering Valuable Concessions to Buyers!**

Last Agent to Sell the Property

Joel Manier

EXP Realty Main License #6501398239 Listed on: 05/18/2023

EXP Realty Main

Last Buyer's Agent

Jerry Hall

KW Domain License #6501247802

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995 | Remodeled in 2021

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 190x57x195x208
  • Private Waterfront
  • Beach Front
  • 208 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Partially Furnished
  • Sound System
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Accessible Home Design

  • Smart Technology
  • Standby Generator

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Deck
  • Patio
  • Terrace
  • Porch

Location

  • Ground Level Unit

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0831452012
  • $10,000 Seller Concession

Community Details

Overview

  • Richard Landolt/Tadd Harburn Association
  • Lake Forest Estates Occpn 667 Subdivision

Recreation

  • Water Sports

Additional Features

  • Laundry Facilities
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,033

Year Built

Built in 1995 | Remodeled in 2021

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 3 Story
  • Assessment: 325.00
  • Year Built: 1995
  • State Equalized Value: 523200.0000
  • Year Renovated: 2021
  • Accessibility Features: Smart Technology, Standby Generator
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Central Vacuum, Circuit Breakers, High Spd Internet Avail, Humidifier, Intercom, Furnished - Partially, Programmable Thermostat, Security Alarm (owned), Sound System, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Basement, Family Room, Living Room, Primary Bedroom
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Microwave, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Total Sq Ft: 4500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LOTUS/ MACEDAY
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Whole House Generator
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio, Porch, Terrace
  • Road Frontage Type: Paved, Private
  • Water Frontage Feet: 208.00
  • Waterfront Description: Beach Front, Direct Water Frontage, Lake Front, Private Water Frontage, Water Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Security, Trash
  • Association Fee Frequency: Annually
  • Phone: richardlandolt@intwinds.com/ Tharburn1@gmail.com
  • Association Fee: 1825
  • Association Contact: Richard landolt/Tadd Harburn
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Dead End Street, Gated Community, Sprinkler(s), Water View
  • Lot Size Area: 0.60
  • Lot Dimensions: 190X57X195X208
  • Parcel Number: 0831452012

Tax Info

  • Tax Amount Summer: 9236.0000
  • Tax Amount Winter: 4797.0000
  • Total Tax: 14033.0000
  • Taxable Value: 427130.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall, DIRFRT

MLS Schools

  • School District: Clarkston

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Nov 2, 2023
Sold by
Lowe Jeffrey A and Lowe Jan M
Bought by
Reckamp Ned J
Seller's Agent
Joel Manier
EXP Realty Main
Buyer's Agent
Jerry Hall
KW Domain
List Price
$1,628,000
Sold Price
$1,340,000
Premium/Discount to List
-$288,000
-17.69%
Views
161
Current Estimated Value
$1,330,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,316
Avg. Annual Appreciation
-0.35%

Purchase Details

Closed on
Oct 24, 2003
Sold by
Brown C Douglas and Brown Linda H
Bought by
Lowe Jeffery A and Lowe Jan M

Purchase Details

Closed on
Oct 27, 1995
Sold by
Berryman Properties Inc
Bought by
Brown C Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.52%
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 Buyer Sale Price Title Company
Reckamp Ned J $1,340,000 None Listed On Document
Reckamp Ned J $1,340,000 None Listed On Document
Lowe Jeffery A -- Devon Title Agency
Brown C Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown C Douglas $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $1,340,000 -10.5% $298 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,497,000 -2.0% $333 / Sq Ft
07/26/2023 07/26/23 Price Changed $1,528,000 -3.2% $340 / Sq Ft
07/11/2023 07/11/23 Price Changed $1,578,000 -3.1% $351 / Sq Ft
05/18/2023 05/18/23 For Sale $1,628,000 -- $362 / 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 $13,810 $639,600 $122,500 $517,100
2023 $13,709 $578,500 $112,500 $466,000
2022 $14,034 $523,200 $96,900 $426,300
2021 $14,061 $501,200 $95,800 $405,400
2020 $8,876 $498,300 $92,700 $405,600
2018 $14,160 $477,000 $57,200 $419,800
2015 -- $449,500 $0 $0
2014 -- $429,300 $0 $0
2011 -- $380,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230036711

Realcomp

APN: 08-31-452-012