NOT LISTED FOR SALE

7561 Lake Dr Reading, MI 49274

Estimated Value: $86,000 - $156,338

2 Beds
1 Bath
744 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $53,000 $71 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $909/month

775 Days on Market

Highlights

  • 63 Feet of Waterfront
  • Wood Burning Stove
  • Screened Porch
  • Docks
  • Wooded Lot
  • Window Unit Cooling System

About This Home

As of May 2019

Lake Front cottage on chain of three great fishing lakes. Meticulously maintained 2 Bedroom/ 1 Bath ranch. cottage features knotty pine interior, large kitchen, separate dining area and great view from living room. Lots of storage in two additional rooms and storage building. Also enjoy lake living from the attached screened-in porch. Huge oak trees in yard keeps cottage cool and provides lots of shade from the summer sun. Appliances and most of the furniture included or negotiable with the sale. Immediate Occupancy!

Last Agent to Sell the Property

Cathy Galloway

RE/MAX Preferred Realty Listed on: 03/12/2017

RE/MAX Preferred Realty

Last Buyer's Agent

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60x206x63x226
  • 63 Feet of Waterfront
  • The property's road front is unimproved
  • Level Lot
  • Wooded Lot

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Stove
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • No Wake Zone
  • Docks
  • Shed

Location

  • Mineral Rights Excluded

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Window Unit Heating System
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x206x63x226
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 744.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1492.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Lot Description:Level: Yes
  • Waterfront Options:Water Frontage3: 63.0
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Outbuildings:Storage Shed: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:GasWood Stove: Yes
  • Water Heater:Electric3: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Interior Amenities: Gas/Wood Stove
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 744.0
  • ResoLivingAreaSource: PublicRecords
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 62000.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Topography: {"Level":true}
  • Water Body Name: Mead Lake
  • Waterfront Features: Dock, No Wake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1492.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Smith Tedd and Smith Y
Bought by
Smith Tedd L and Smith Peggy L
Current Estimated Value
$128,600

Purchase Details

Listed on
Mar 12, 2017
Closed on
May 14, 2019
Sold by
Moyer Steve William and Moyer Edith L
Bought by
Smith Tedd
Seller's Agent
Cathy Galloway
RE/MAX Preferred Realty
Buyer's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
List Price
$78,000
Sold Price
$53,000
Premium/Discount to List
-$25,000
-32.05%

Purchase Details

Closed on
May 18, 2007
Sold by
Moyer Steve William and Moyer Edith L
Bought by
Moyer Steve William and Moyer Edith L
Source: Public Records

Range of Values:

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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
Smith Tedd L -- Not Available
Smith Tedd $53,000 Public Title Company
Moyer Steve William -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $53,000 -32.1% $71 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
03/12/2017 03/12/17 For Sale $78,000 -- $105 / Sq Ft
Source: Southwestern Michigan Association 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 $2,498 $69,200 $0 $0
2024 $614 $57,100 $0 $0
2023 $585 $54,600 $0 $0
2022 $2,209 $50,800 $0 $0
2021 $2,170 $50,000 $0 $0
2020 $2,163 $49,000 $0 $0
2019 $1,529 $42,300 $0 $0
2018 $1,492 $40,200 $0 $0
2017 $1,429 $37,800 $0 $0
2016 $1,416 $37,400 $0 $0
2015 $362 $37,400 $0 $0
2013 $351 $35,780 $0 $0
2012 $342 $35,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Galloway

    Seller's Agent in 2019

    Cathy Galloway

    RE/MAX Michigan

    (517) 849-0032

    172 Total Sales

    Section Image
  • Darin Spieth

    Buyer's Agent in 2019

    Darin Spieth

    Spieth & Satow Auctions & Real Estate

    (517) 398-6060

    159 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17009784

Southwestern Michigan Association of REALTORS®

APN: 10-095-001-028

Michigan Hillsdale County Reading 49274

7561 Lake Dr, Reading, MI

This home is located at 7561 Lake Dr, Reading, MI 49274 since 12 March 2017 and is currently estimated at $128,585, approximately $172 per square foot. This property was built in 1950. 7561 Lake Dr is a home located in Hillsdale County with nearby schools including Reynolds Elementary School and Reading High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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