NOT LISTED FOR SALE

7583 Mile Point Ln Central Lake, MI 49622

Estimated Value: $624,000 - $693,000

2 Beds
1 Bath
1,240 Sq Ft
$523/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $432,500 $349 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,070/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Cottage
  • 202 Feet of Waterfront
  • Mud Room
  • 1 Car Detached Garage

About This Home

As of August 2020

Adorable Intermediate Lake log sided cottage with over 200 ft of the best hard sand bottom beach frontage on the lake. Cottage recently updated and features knotty pine interior, large open living room area, beautiful stone fireplace, new appliances and granite countertops, bay window, detached garage, spectacular up lake views, dock and more!

Last Agent to Sell the Property

Walt Mann

REO-TCBellaire-233025 License #6501272510 Listed on: 06/19/2020

REO-TCBellaire-233025

Last Buyer's Agent

Walt Mann

REO-TCBellaire-233025 License #6501272510 Listed on: 06/19/2020

REO-TCBellaire-233025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,558

Year Built

  • Built in 1940

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 195x202x230
  • 202 Feet of Waterfront
  • Property fronts an easement
  • Sandy Beach
  • Sloped Lot
  • Cleared Lot

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Window
  • Mud Room
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,558

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1940
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 26
  • Year Updated: 2005
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Bay Window(s), Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10x13, On Level: Main Floor
  • Bedroom 2: Dimensions: 16x10, On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor
  • Kitchen: Dimensions: 12x13, On Level: Main Floor
  • Living Room: Dimensions: 21x22, On Level: Main Floor
  • Other Room: Dimensions: 10x11, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1080
  • Price Per Sq Ft: 348.79
  • Range: R 8W
  • Total Finished Sf Apx: 1240

Exterior Features

  • Body Of Water: Intermediate Lake
  • Exterior Finish: Log Siding
  • Foundation: Slab
  • Number Of Acres: 0.5
  • Road: Gravel, Shared, Easement, Privately Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 202

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Sloping
  • Lot Dimensions: 195x202x230
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 14, 2020
Sold by
Roshanrouz Arjang
Bought by
Ostrem Jason and Ostrem Loretta
Seller's Agent
Walt Mann
REO-TCBellaire-233025
Buyer's Agent
Walt Mann
REO-TCBellaire-233025
List Price
$449,000
Sold Price
$432,500
Premium/Discount to List
-$16,500
-3.67%
Current Estimated Value
$648,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,442
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Henry Bruce M
Bought by
Roshanrouz Arjang and Roshanrouz Naseem

Purchase Details

Closed on
Dec 27, 2012
Sold by
Henry Juleen K
Bought by
Henry Bruce M
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
Ostrem Jason $432,500 --
Roshanrouz Arjang $190,000 --
Henry Bruce M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $432,500 -3.7% $349 / Sq Ft
06/19/2020 06/19/20 For Sale $449,000 -- $362 / Sq Ft
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 $7,558 $354,600 $0 $0
2024 $53 $239,400 $0 $0
2023 $4,994 $160,100 $0 $0
2022 $6,598 $164,800 $0 $0
2021 $6,355 $152,100 $0 $0
2020 $5,713 $146,900 $0 $0
2019 $3,157 $142,000 $0 $0
2018 $3,085 $130,700 $0 $0
2017 $2,899 $131,900 $0 $0
2016 $1,529 $127,800 $0 $0
2015 -- $127,400 $0 $0
2014 -- $126,700 $0 $0
2013 -- $109,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1876180

Northern Great Lakes REALTORS® MLS

APN: 05-02-026-017-00