NOT LISTED FOR SALE

7500 Ledgewood Dr Unit 231 Fenton, MI 48430

Estimated Value: $704,000 - $941,831

0.39 Acre
$2,108,226 Price per Acre
16,988 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $227,500

Est. 261% increase in value since last sale

Current estimated payment $5,237/month

292 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Hyatt Elementary School Rated A-
  • Sandy Beach
  • High Speed Internet

About This Lot

As of December 2020

Lake Shannon is a private all sports lake community located west of US-23 and north of M-59 between Ann Arbor and Flint. There is an active association and sportsmen club which sponsor many events throughout the year. This lot is the only buildable lakefront lot available in the association. This beautiful home site is on a newly repaved road. The topography of the lot lends itself to a walk out lower level. The lot comes with access to the boat launch and is very close to the swim park. The lot is in the Linden School District but Hartland School of Choice is possible. The lot has access to an off site drain field which has been approved by the Livingston County Health Department and the Michigan Department of Environmental Quality. Seller is a licensed REALTOR in the State of Michigan.

Last Agent to Sell the Property

Gary Edwards

Crystal Mountain Realty License #6501189808 Listed on: 02/21/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,462

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 101x210x90x166
  • Private Waterfront
  • 101 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $27 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Well
  • Engineered Septic
  • Shared Septic
  • Community Sewer or Septic
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Lake Shannon Community

Amenities

  • Common Area

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Access To Lake
  • Waterfront Park
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$1,462

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 19
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 583333.33
  • Range: R 6E

Exterior Features

  • Body Of Water: Lake Shannon
  • Lake Size: 275 Acres
  • Number Of Acres: 0.39
  • Road: Public Maintained, Blacktop
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, All Sports, Sandy Bottom, Deeded Easement, Private Lake, Sandy Shoreline
  • Waterfront Frontage: 101

Utilities

  • Utilities Available: Antenna, Cable Tv, Dsl, Electric, Cable Internet, Natural Gas, Dish Tv, Telephone, Wifi
  • Waste Available: Shared Septic, Engineered Septic
  • Waste Installed: Development Septic
  • Water Available: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 329
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Lake Privileges, Water Front Park, Common Area
  • Development Name: Lake Shannon

Schools

  • School District: Linden Community Schools

Lot Info

  • Lot Number: 231
  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 101x210x90x166
  • Percent Wooded: 100
  • Zoning Use Restrictions: Residential, Platted Subdivision, Finished Lots, Deed Restrictions, Bldg & Use Restrictions

Tax Info

  • Taxable Value: 33987
  • Total Taxes: 1462
  • Year Summer: 2019
  • Year Winter: 2019

MLS Schools

  • School District: Linden Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Dec 11, 2020
Sold by
Edwards Gary R
Bought by
Gaynier Brandon and Gaynier Alexandria
Seller's Agent
Gary Edwards
Crystal Mountain Realty
List Price
$275,000
Sold Price
$227,500
Premium/Discount to List
-$47,500
-17.27%
Current Estimated Value
$822,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,708
Avg. Annual Appreciation
30.33%

Purchase Details

Closed on
Dec 13, 2016
Sold by
Tpb Llc
Bought by
Edwards Gary R

Purchase Details

Closed on
Oct 25, 1999
Sold by
Chu Kenneth and Bieberitz Rebecca
Bought by
Taylor Howard and Taylor Alisa E
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
Gaynier Brandon $215,000 Cislo Title Company
Edwards Gary R $65,000 Cislo Title
Taylor Howard $66,000 Lawyers Title Ins Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $227,500 -9.0% --
04/30/2020 04/30/20 Price Changed $249,900 -9.1% --
02/21/2020 02/21/20 For Sale $275,000 -- --
Source: Northern Great Lakes REALTORS® 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 $10,213 $473,700 $0 $0
2024 $6,201 $461,200 $0 $0
2023 $5,475 $394,100 $0 $0
2022 $1,463 $48,800 $0 $0
2021 $1,463 $100,800 $0 $0
2020 $1,463 $48,800 $0 $0
2019 $2,084 $43,800 $0 $0
2018 $1,946 $45,300 $0 $0
2017 $1,926 $32,500 $0 $0
2016 $1,805 $48,400 $0 $0
2014 $1,787 $40,800 $0 $0
2012 $1,787 $45,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1872130

Northern Great Lakes REALTORS® MLS

APN: 04-30-101-018