NOT LISTED FOR SALE

7858 Lake Dr Clay, MI 48001

Estimated Value: $225,751

3 Beds
1 Bath
1,000 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $125,000 $125 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,398/month

48 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Ranch Style House
  • Porch
  • Deck
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2017

This 3 bedroom, 1 bath home has a cottage feel right on the canal with a deck the full size of the house for entertaining. Large stone fireplace in the living room, eating space in the kitchen, new carpet throughout and a new boiler. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 4-27-17 PROPERTY SOLD 'AS IS'. BUYER LIABLE FOR ANY MUNICIPAL REQUIREMENTS AND BUYER TO VERIFY ALL INFORMATION. FREDDIE MAC WILL PAY UP TO $500 FOR OWNER OCCUPANT HOME WARRANTY TO BE SUBMITTED WITH OFFERS.

Last Agent to Sell the Property

Kent Colpaert

Bearing Group License #6502334886 Listed on: 04/07/2017

Last Buyer's Agent

Melanie Lovati

Innovation Real Estate Specialists Inc. License #6502370130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • 40 Feet of Waterfront
  • Home fronts a canal

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 74144960050000

Community Details

Overview

  • No Home Owners Association
  • Suprvr's Roy T. Gilberts Plat No 12 Clay Twp Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 40.00
  • Waterfront Description: Canal Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1432222.2222
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Parcel Number: 74144960050000

Tax Info

  • Tax Amount Summer: 854.0000
  • Tax Amount Winter: 430.0000
  • Total Tax: 1284.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jul 18, 2017
Sold by
Federal Home Loan Mortgag E Corporatio
Bought by
Brickler Michael A
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Current Estimated Value
$225,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,751
Original Mortgage
$118,750
Outstanding Balance
$99,039
Interest Rate
4.03%
Source: Public Records
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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
Brickler Michael A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brickler Michael A $118,750
Closed Brickler Michael A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $125,000 -3.0% $125 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/09/2017 05/09/17 Price Changed $128,900 -19.4% $129 / Sq Ft
04/07/2017 04/07/17 For Sale $159,900 -- $160 / Sq Ft
Source: Realcomp

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
2022 $1,852 $0 $0 $0
2020 $1,852 $56,700 $56,700 $0
2019 $1,149 $46,300 $0 $0
2018 $1,140 $28,900 $0 $0
2017 $0 $26,400 $0 $0
2016 $0 $26,400 $0 $0
2015 -- $25,000 $25,000 $0
2014 -- $23,900 $23,900 $0
2013 -- $23,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217025797

Realcomp

APN: 14-496-0050-000

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