NOT LISTED FOR SALE

7465 McDonald Rd Cheboygan, MI 49721

Estimated Value: $444,000 - $750,000

2 Beds
1 Bath
715 Sq Ft
$839/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $450,000 $629 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,698/month

149 Days on Market

Highlights

  • Lake Front
  • Main Floor Bedroom
  • First Floor Utility Room
  • Docks
  • Cottage
  • Living Room

About This Home

As of March 2021

Location, Location, Location. It is all about location. One of the prime locations on Mullet Lake for your summer fun. Spend your get-away time at your own cottage and when you aren't using it, this has great rental potential for extra income, or maybe build your dream home on this site if you choose. This seasonal cottage offers the most gorgeous sunsets ever, 2 bedrooms, one full bath, kitchen with breakfast bar, and a shed for your water toys all on 100 feet of beautiful sand beach. Great swimming, and fishing, and you will love boating the 40 miles of Inland Waterway from your front door. The dock is shared with the neighbor and so is the driveway.
Buyer agents to verify all measurements and representations.

Last Agent to Sell the Property

Jacqueline Tolstyka

COLDWELL BANKER SCHMIDT CHEBOYGAN License #6506045139 Listed on: 08/28/2020

COLDWELL BANKER SCHMIDT CHEBOYGAN

Last Buyer's Agent

Meg Kline Brussee

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Lot Details

  • Lot Dimensions are 100 x 460 x 468 x 100
  • Lake Front

Home Design

  • Cottage
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 715 Sq Ft Home
  • Ceiling Fan
  • Rods
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Shed

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T37n, R1w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 104-029-100-054-00
  • Tax Block Sec 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Lot Details

0

Listing Details

  • Directions: M-33 South to Carter Rd. to Left on McDonald Rd.
  • Garage Yn: No
  • Lot Size: 100 x 460 x 468 x 100
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Water Size: 4'' 220ft deep
  • PropertySubType: Residential Water
  • Road Frontage Type: Lake
  • ResoLaundryFeatures: None
  • Road Surface Type: Paved, Maintained
  • Water Body Name: Mullett Lake
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator
  • Co List Office Phone: 231-627-9959
  • MLS Status: Closed
  • Subdivision Name: T37N, R1W
  • Above Grade Finished Sq Ft: 715.0
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 100 x 460 x 468 x 100
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cottage
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt RangeOven: Yes
  • Appliances Equipmt Curtain Rods: Yes
  • HeatingAir Baseboard2: Yes
  • HeatingAir Electric7: Yes
  • Foundation:Slab: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Interior Amenities: Ceiling Fan, Curtain Rods
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Dock, Shed
  • Waterfront: Yes
  • Construction Type: Half Log
  • Foundation Details: Slab
  • Exterior Features:Shed: Yes
  • Exterior Half Log: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Electric
  • HeatingYN: Yes

Schools

  • Junior High Dist: Cheboygan Area

Lot Info

  • Parcel Number: 104-029-100-054-00

Tax Info

  • Tax Block: Sec 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Ashley Matthew P
Bought by
Ashley Matthew Philip and Romayah Lesley Lynn
Current Estimated Value
$600,140

Purchase Details

Listed on
Aug 28, 2020
Closed on
Mar 10, 2021
Sold by
Smith Milda M
Bought by
Ashley Matthew Philip and Roumayah Lesley Lynn
Seller's Agent
Jacqueline Tolstyka
COLDWELL BANKER SCHMIDT CHEBOYGAN
Buyer's Agent
Meg Kline Brussee
MLS NON-MEMBER
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$382,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2015
Sold by
Kenaan Joann and Kenaan Richard
Bought by
Milda M Smith Trust Agreement

Purchase Details

Closed on
Oct 6, 2006
Sold by
Maciasz Walter
Bought by
Kenaan Richard and Kenaan Joann

Purchase Details

Closed on
Jun 15, 2005
Sold by
Smith Milda M
Bought by
Smith, Milda M Trustee

Purchase Details

Closed on
May 18, 2005
Sold by
Maciasz Walter
Bought by
Smith Milda M

Purchase Details

Closed on
Aug 15, 1989
Sold by
Rezak Elizabeth
Bought by
Maciasz Walter and Maciasz Dorothy
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
Ashley Matthew Philip -- --
Ashley Matthew Philip $450,000 --
Milda M Smith Trust Agreement -- None Available
Kenaan Richard -- --
Smith, Milda M Trustee -- --
Smith Milda M $158,000 --
Maciasz Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashley Matthew Philip $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $450,000 -- $629 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $6,195 $188,500 $0 $0
2024 $5,156 $186,100 $0 $0
2023 $5,899 $163,100 $0 $0
2022 $4,725 $144,070 $0 $0
2021 $5,208 $131,300 $131,300 $0
2020 $5,221 $131,700 $131,700 $0
2019 $5,196 $131,800 $131,800 $0
2018 $5,252 $133,100 $0 $0
2017 $5,132 $133,200 $0 $0
2016 $5,107 $133,300 $0 $0
2015 -- $132,400 $0 $0
2014 -- $161,200 $0 $0
2012 -- $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 325700

Water Wonderland Board of REALTORS®

APN: 104-029-100-054-00