$316,000
SOLD MAY 2, 2022

7485 S Extension Rd Cheboygan, MI 49721

2.65 Acres
$119,245 Price per Acre
115,434 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • Second Garage
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Ranch Style House
  • Separate Outdoor Workshop

About This Lot

As of May 2025

Amazing value and convenient location! This tastefully updated 3BR, 2BA home sits on 2.65 acres only 10 min to Cheboygan, 15 min to Indian River and 30 min to Petoskey! You'll love the open living/kitchen/dining area that features an updated kitchen, vaulted ceilings, electric fireplace and sliding door overlooking the rear deck, firepit and large backyard. The spacious master bedroom includes double closets and its own private bath with a shower and soaking tub. The home also features main floor laundry and a full basement with extra tall ceilings perfect for storage or easily finished. In addition to the 2-car attached garage there is also a large 2nd garage/workshop that's insulated with a finished interior, pass-thru garage doors and 2 enclosed lean-tos for additional storage.

Last Agent to Sell the Property

Mike Sherwood

Re/Max North Listed on: 03/16/2022

Re/Max North

Last Buyer's Agent

Dan O'Hare

Real Estate One Indian River License #6506046314

Real Estate One Indian River

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1998

Lot Details

  • 2.65 Acre Lot
  • Lot Dimensions are 140x825

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,248 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Tile Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Second Garage

Schools

  • Cheboygan Elementary School
  • Cheboygan High School

Utilities

  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 080-025-400-001-02
  • Tax Block 25

Community Details

Overview

  • No Home Owners Association
  • T37n R3w Subdivision

Recreation

  • Deck
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$3,538

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: From Cheboygan: Riggsville Rd west to Extension Rd. Head left (south) on Extension Rd 6/10th of a mile to home on right.
  • Garage Yn: Yes
  • Lot Size: 140x825
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1998
  • PropertySubType: Residential Acreage
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 2.65
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 231-627-9991
  • MLS Status: Closed
  • Subdivision Name: T37N R3W
  • Above Grade Finished Sq Ft: 1624.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Old MLS
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 140x825
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Propane3: Yes
  • Laundry Main Level: Yes
  • General Property Information:Acres: 2.65
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Hot Water3: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full
  • BasementSpecificsBasementSize: 1624
  • Interior Amenities: Ceiling Fan, Vaulted Ceiling(s), Doorwall
  • Bedroom 3 Level: 1st
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Features Vaulted Ceilings2: Yes
  • Interior Features Smoke Detector2: Yes
  • Interior Features Tile Floor: Yes

Exterior Features

  • Exterior Features: Deck, Extra Garage, Workshop
  • Waterfront: No
  • Construction Type: Vinyl
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features Workshop: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Hot Water, Propane
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Cheboygan
  • Schools High School: Cheboygan
  • Elementary School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Lot Size Sq Ft: 115434.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 15.0
  • Parcel Number: 080-025-400-001-02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
May 14, 2025
Sold by
Wright Collin
Bought by
Lemon Nicholas
Seller's Agent
Dan O'Hare
Real Estate One Indian River
Buyer's Agent
Dan O'Hare
Real Estate One Indian River
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$368,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,872
Avg. Annual Appreciation
13.68%
Original Mortgage
$350,000
Outstanding Balance
$349,405
Interest Rate
6.83%
Mortgage Type
VA
Estimated Equity
$16,661

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 2, 2022
Sold by
Morse Noah
Bought by
Wright Collin and Wright Taylor
Seller's Agent
Mike Sherwood
Re/Max North
Buyer's Agent
Dan O'Hare
Real Estate One Indian River
List Price
$305,000
Sold Price
$316,000
Premium/Discount to List
$11,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$323,268
Interest Rate
4.42%
Mortgage Type
VA

Purchase Details

Listed on
Oct 3, 2018
Closed on
Aug 20, 2019
Sold by
Wilkinson Timothy J
Bought by
Morse Noah and Morse Macey
Seller's Agent
Angela Briggs
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
Angela Briggs
Berkshire Hathaway HomeServices-Cheboygan
Sold Price
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.63%
Original Mortgage
$177,741
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Jun 3, 1997
Sold by
Wilkinson James F
Bought by
Wilkinson Timothy James
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed $316,000 --
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 VA
Previous Owner $323,268 VA
Previous Owner $177,625 VA
Previous Owner $177,741 VA
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $124,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $350,000 0.0% $108 / Sq Ft
04/14/2025 04/14/25 For Sale $350,000 +10.8% $108 / Sq Ft
05/02/2022 05/02/22 Sold $316,000 +3.6% $97 / Sq Ft
03/16/2022 03/16/22 For Sale $305,000 +75.3% $94 / Sq Ft
08/16/2019 08/16/19 Sold $174,000 -- $54 / Sq Ft
07/09/2019 07/09/19 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 $3,538 $164,500 $0 $0
2024 $2,228 $213,900 $0 $0
2023 $2,135 $148,600 $0 $0
2022 $1,380 $105,800 $0 $0
2021 $2,056 $99,100 $9,500 $89,600
2020 $2,027 $90,100 $90,100 $0
2019 $1,131 $89,600 $89,600 $0
2018 $1,095 $49,100 $0 $0
2017 $1,056 $50,900 $0 $0
2016 $1,040 $50,300 $0 $0
2015 -- $56,100 $0 $0
2014 -- $50,800 $0 $0
2012 -- $47,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201817382

Water Wonderland Board of REALTORS®

APN: 080-025-400-001-02