NOT LISTED FOR SALE

7500 Ledgewood Dr Fenton, MI 48430

Estimated Value: $717,000 - $969,241

0.39 Acre
$2,135,410 Price per Acre
16,988 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $227,500

Est. 266% increase in value since last sale

Current estimated payment $5,415/month

250 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Hyatt Elementary School Rated A-
  • Wooded Lot

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

Last Buyer's Agent

Nick Sloney

Century 21 Curran & Oberski License #RCO-5901398681

Century 21 Curran & Oberski

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 101x210x90x166
  • 101 Feet of Waterfront
  • Lake Front
  • Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 0430101018

Community Details

Overview

  • Lake Shannon No 7 Subdivision

Recreation

  • Water Sports

Property Details

Property Type

Land

Est. Annual Taxes

$1,462

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Vacant Land
  • Assessment: 622
  • State Equalized Value: 43800.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Lake Shannon
  • Waterfront: Yes
  • Frontage Feet: 101
  • Road Frontage Type: Paved
  • Water Frontage Feet: 101.00
  • Waterfront Description: Lake Front

Utilities

  • Sewer: Shared Septic (Common)
  • Water Source: Well-Needed
  • High Speed Internet: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 329

Schools

  • School District: Linden

Lot Info

  • List Price per Acre: 640769.2308
  • Lot Features: Water View, Wooded
  • Lot Size Area: 0.39
  • Lot Dimensions: 101x210x90x166
  • Parcel Number: 0430101018
  • Percent Wooded: 100
  • Zoning: Residential
  • Improvements: Electric, Gas

Tax Info

  • Tax Amount Summer: 731.0000
  • Tax Amount Winter: 731.0000
  • Total Tax: 1462.0000
  • Taxable Value: 33978.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Linden

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
Buyer's Agent
Nick Sloney
Century 21 Curran & Oberski
List Price
$275,000
Sold Price
$227,500
Premium/Discount to List
-$47,500
-17.27%
Current Estimated Value
$832,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,310
Avg. Annual Appreciation
31.72%
Original Mortgage
$193,500
Interest Rate
3.12%
Mortgage Type
New Conventional

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
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
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

Mortgage History

Date Status Borrower Loan Amount
Open Gaynier Brandon $785,250
Closed Gaynier Brandon R $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $227,500 -9.0% --
10/28/2020 10/28/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $249,900 -9.1% --
02/21/2020 02/21/20 For Sale $275,000 -- --
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
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: Realcomp

MLS Number: 2200014287

Realcomp

APN: 04-30-101-018