NOT LISTED FOR SALE

7591 Lake Dr Reading, MI 49274

Estimated Value: $107,000 - $174,682

2 Beds
1 Bath
1,008 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $79,500 $79 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $778/month

116 Days on Market

Highlights

  • 61 Feet of Waterfront
  • Deck
  • Eat-In Kitchen
  • Property is near a lake
  • Sun or Florida Room
  • Window Unit Cooling System

About This Home

As of November 2019

Complete peace and quiet can be yours when you buy this year round 2 bedroom home with a NEW septic system that sits on Mead Lake which is one of the 3 lakes that is connect to Riebeck and Turner lakes in Reading Twp. Custom built kitchen cabinets. This lake home is turn key, so just bring your toothbrush and fishing gear. The home is at the end of the road, so no traffic! Relax and get away from it all!

It is the responsibility of the parties looking at the property to satisfy themselves as to the accuracy of this information. Taxes were obtained from the local assessor and the taxes could change for the buyer after a closed transaction.

Last Agent to Sell the Property

Gretchen Oberdick

Key Realty One, LLC License #6505071877 Listed on: 07/18/2019

Last Buyer's Agent

Ron Aemisegger

RE/MAX Preferred Realty License #6502384830

RE/MAX Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1957

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 61x130
  • 61 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Level Lot

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Sun or Florida Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property is near a lake
  • No Wake Zone
  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Window Unit Heating System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,551

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 81.25
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 61x130
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1008.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1551.31
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Lot Description:Level: Yes
  • Waterfront Options:Water Frontage3: 61.0
  • Driveway:Unpaved: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Home Warranty: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Outbuildings:Storage Shed: Yes
  • Substructure:Crawl Space: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1008.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range, Microwave
  • Interior Amenities: Ceiling Fan(s), LP Tank Rented, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1008.0
  • Window Features: Low-Emissivity Windows, Screens, Replacement, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck(s), 3 Season Room
  • Home Warranty: Yes
  • List Price: 81900.0
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: Mead Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Deck(s): Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:No Wake: Yes

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 61x130
  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1551.31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Nov 19, 2019
Sold by
Weiss Donald E and Weiss Carolyn R
Bought by
Greene Edward G
Seller's Agent
Gretchen Oberdick
Key Realty One, LLC
Buyer's Agent
Ron Aemisegger
RE/MAX Preferred Realty
List Price
$84,000
Sold Price
$79,500
Premium/Discount to List
-$4,500
-5.36%
Current Estimated Value
$140,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,921
Avg. Annual Appreciation
9.64%
Original Mortgage
$77,115
Outstanding Balance
$67,705
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$72,716

Purchase Details

Closed on
Feb 6, 2015
Sold by
Weiss Donald E and Weiss Carolyn R
Bought by
Weiss Donald E and Donald E Weiss Trust

Purchase Details

Closed on
Oct 23, 1997
Sold by
Pfefferle Robert J and Pfefferle Susanne
Bought by
Weiss Donald E and Weiss Carolyn R

Purchase Details

Closed on
Oct 28, 1987
Bought by
Pfefferle Robert J and Pfefferle Susanne

Purchase Details

Closed on
Jul 27, 1987
Bought by
Watts
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Greene Edward G $79,500 Mutual Title Agency
Weiss Donald E -- None Available
Weiss Donald E $45,000 --
Pfefferle Robert J $23,500 --
Watts $13,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Edward G $77,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $79,500 -5.4% $79 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $84,000 -- $83 / Sq Ft
Source: MichRIC

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 $607 $66,400 $0 $0
2024 $6 $55,000 $0 $0
2023 $563 $52,800 $0 $0
2022 $2,126 $48,900 $0 $0
2021 $2,095 $48,200 $0 $0
2020 $2,088 $47,300 $0 $0
2019 $1,591 $40,500 $0 $0
2018 $1,551 $38,600 $0 $0
2017 $1,486 $36,200 $0 $0
2016 $1,473 $35,900 $0 $0
2015 $376 $35,900 $0 $0
2013 $365 $35,890 $0 $0
2012 $356 $35,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19033745

MichRIC

APN: 10-095-001-009