NOT LISTED FOR SALE

7858 Lake Dr Clay, MI 48001

Algonac Area

Estimated Value: $225,751

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

Sale Details

Date Sold: July 7, 2017

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

Est. 81% increase in value since last sale

Current estimated payment $1,456 / mo

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

3,920 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jul 18, 2017
Sold by
Bought by
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
Interest Rate
3.89%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $250,000
Closed $118,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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