NOT LISTED FOR SALE

7550 Ledgewood Dr Fenton, MI 48430

Estimated Value: $579,000 - $698,000

6 Beds
3 Baths
3,174 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $500,000 $158 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,186/month

55 Days on Market

Highlights

  • 107 Feet of Waterfront
  • Ground Level Unit
  • Baseboard Heating
  • Hyatt Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of December 2023

Rare opportunity for 107 feet of frontage in the highly sought after Lake Shannon neighborhood! This waterfront home features almost 3200 square feet, 6 bedrooms, and 3 full bathrooms and sits on a half-acre lot on private, all-sports Lake Shannon. A wall of windows showcases gorgeous lake views from the updated kitchen, which features beautiful granite countertops, an island for extra seating and prep space, and stainless steel appliances including a double oven for large meals. Enjoy plenty of room to spread out with large bedrooms & multiple living/family rooms. Pamper yourself in the sauna or relax with a cup of coffee and a book on the enclosed patio overlooking the lake. Multiple decks offer options for outdoor entertaining, and the large yard leads down to a sandy beach on the water's edge. You don't want to miss this home; call for a tour today!

Last Agent to Sell the Property

Jackie Sparre

Wentworth Real Estate Group License #6501405629 Listed on: 10/10/2023

Last Buyer's Agent

Karen Szerszen

3DX Real Estate-Brighton License #RCO-6501285108

3DX Real Estate-Brighton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 102.39 x 244.00
  • 107 Feet of Waterfront
  • Lake Front

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 3,174 Sq Ft Home
  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Block Foundation
  • Stone Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 0430101011

Community Details

Overview

  • Https://Www.Lake Shannon.Com/Lake Shannon Board.Ht Association
  • Lake Shannon No 7 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,912

Year Built

Built in 1967

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Quad-Level
  • Assessment: 150.00
  • Year Built: 1967
  • State Equalized Value: 282100.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Room Count: 17
  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3174
  • Total Sq Ft: 3174
  • Sq Ft Total Bsmt: 576

Exterior Features

  • Waterfront Name: Lake Shannon
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Stone
  • Foundation Materials: Block
  • Frontage Feet: 102
  • Road Frontage Type: Paved
  • Water Frontage Feet: 107.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: LSA.President@Lake-Shannon.com
  • Association Fee: 711
  • Association Contact: https://www.lake-shannon.com/lake-shannon-board.ht
  • Association Fee: Yes

Schools

  • School District: Linden

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.57
  • Lot Dimensions: 102.39 x 244.00
  • Parcel Number: 0430101011

Tax Info

  • Tax Amount Summer: 2314.0000
  • Tax Amount Winter: 1598.0000
  • Total Tax: 3912.0000
  • Taxable Value: 166584.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT

MLS Schools

  • School District: Linden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 11, 2023
Sold by
Hosner Jerry D and Hosner Suzanne L
Bought by
Herron Douglas Lind and Herron Poh Kim
Seller's Agent
Jackie Sparre
Wentworth Real Estate Group
Buyer's Agent
Karen Szerszen
3DX Real Estate-Brighton
List Price
$699,900
Sold Price
$500,000
Premium/Discount to List
-$199,900
-28.56%
Views
151
Current Estimated Value
$637,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,550
Avg. Annual Appreciation
12.64%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Hering Craig M and Hering Cindy K
Bought by
Edwards Gary R
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
Herron Douglas Lind $500,000 Royal Title Services
Edwards Gary R $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hosner Jerry D $240,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $500,000 -25.9% $158 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $674,900 -3.6% $213 / Sq Ft
10/10/2023 10/10/23 For Sale $699,900 -- $221 / 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
2025 $7,277 $333,700 $0 $0
2024 $4,388 $316,500 $0 $0
2023 $2,430 $300,300 $0 $0
2022 $3,913 $238,500 $0 $0
2021 $3,738 $259,100 $0 $0
2020 $3,636 $238,500 $0 $0
2019 $3,687 $216,200 $0 $0
2018 $3,613 $206,600 $0 $0
2017 $3,536 $206,600 $0 $0
2016 $3,615 $207,900 $0 $0
2014 $4,009 $174,800 $0 $0
2012 $4,009 $150,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230086548

Realcomp

APN: 04-30-101-011