$310,000
SOLD SEP 5, 2014

7733 McDonald Rd Cheboygan, MI 49721

2 Beds
1.5 Baths
1,500 Sq Ft
1.1 Acres

Recently Sold

$207 Per Sq Ft

77 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • First Floor Utility Room
  • Maid or Guest Quarters
  • Sun or Florida Room
  • 2 Car Detached Garage

About This Home

As of April 2016

This two bedroom year round home sits on 100 feet of gorgeous Mullett Lake frontage. Plenty of room with the one bedroom guest quarters in the detached two car garage. There is also an enclosed sunporch where you can relax and enjoy the view.

Last Agent to Sell the Property

Jack Douglas

Berkshire Hathaway HomeServices-Cheboygan License #6506043672 Listed on: 05/11/2014

Berkshire Hathaway HomeServices-Cheboygan

Last Buyer's Agent

Stephen Karas

Exit Northern Shores Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,722

Lot Details

  • Lot Dimensions are 100.83x474.2x100x487.13
  • Waterfront

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • First Floor Utility Room
  • Laundry on main level
  • Crawl Space

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters

Parking

  • 2 Car Detached Garage
  • Heated Garage

Schools

  • East Elementary School

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,722

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1500.00
  • Home Age: 31+ Years Approx
  • Directions: M33 to right on Carter Road to right on McDonald Road. Property is on left.
  • Garage Yn: Yes
  • Lot Size: 100.83x474.2x100x487.13
  • Open House Office I D: 20120314152231899168000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • AppliancesAndEquipmt: Cook Top, Dishwasher, Drapes, Refrigerator, Wall Oven
  • BasementSpecifics: None
  • Foreclosure: No
  • Lower Floor 1 Half Bathrooms: 1
  • Laundry: Main Level
  • Other Rooms: Sun Room
  • Utility Room Level: 1st
  • Total Bathrooms: 2.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Guest Quarters/Apt
  • Foundation: Crawl
  • Road: Maintained, Paved
  • Waterfront: Yes

Garage/Parking

  • Garage Size: 24 x 24
  • Garage Stall: 2
  • Garage Type: Detached/HTD

Utilities

  • Heating Air: Baseboard, Hot Water, Natural Gas, Wall Furnace
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Cheboygan Area
  • Elementary School: East
  • School District: Cheboygan Area
  • Schools Elementary School: East
  • Elem School Dist Number: 7733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Apr 7, 2016
Sold by
Hughes Mark A
Bought by
Borowiak James K and Borowiak Patricia J
Seller's Agent
Stephen Karas
EXIT Northern Shores Realty-ER
List Price
$359,900
Sold Price
$336,000
Premium/Discount to List
-$23,900
-6.64%
Current Estimated Value
$790,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,775
Avg. Annual Appreciation
9.45%
Original Mortgage
$268,800
Outstanding Balance
$213,545
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$577,230

Purchase Details

Listed on
May 11, 2014
Closed on
Sep 4, 2014
Sold by
William H William H and Wallace Janine
Bought by
Hughes Mark A and Hughes Katherine R
Seller's Agent
Jack Douglas
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
Stephen Karas
Exit Northern Shores Realty
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$248,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $336,000 None Available
Warranty Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,800 Purchase Money Mortgage
Previous Owner $248,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $336,000 -6.6% $224 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
07/16/2015 07/16/15 For Sale $359,900 +16.1% $240 / Sq Ft
09/05/2014 09/05/14 Sold $310,000 -- $207 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
Source: Water Wonderland Board 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 $5,722 $418,200 $0 $0
2024 $3,925 $404,400 $0 $0
2023 $3,760 $296,600 $0 $0
2022 $3,644 $257,646 $0 $0
2021 $5,184 $241,300 $241,300 $0
2020 $4,466 $208,100 $208,100 $0
2019 $4,408 $207,500 $207,500 $0
2018 $4,630 $217,600 $0 $0
2017 $4,460 $218,400 $0 $0
2016 $4,422 $218,200 $0 $0
2015 -- $217,400 $0 $0
2014 -- $222,600 $0 $0
2012 -- $216,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 290363

Water Wonderland Board of REALTORS®

APN: 104-030-200-025-00