NOT LISTED FOR SALE

7940 Shaffer Rd Reading, MI 49274

Estimated Value: $240,000 - $327,000

3 Beds
1 Bath
1,162 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $315,000 $271 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,025/month

28 Days on Market

Highlights

  • Beach Front
  • Sandy Beach
  • Ranch Style House
  • Pier or Dock
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2023

If you love the lake, you will love this beautiful home. It has it all! This spectacular 3-bedroom waterfront home has been completely remodeled. Every room, but the bedrooms, were taken down to the studs to be updated. The kitchen ceilings were raised and all new insulation added in walls and attic area, mold resistant drywall installed. Attention to detail in every room. New features include laminate, new carpet, and newly painted throughout. The open floor plan is spacious and great for entertaining. The kitchen, dining room and living room are breathtaking. The remodel includes 10+ vaulted ceilings, new cabinets, countertops, sink, faucet, lighting fixtures, laminate flooring, trim, and a wonderful eat in bar area. The bathroom has a new walk-in shower, vanity, mirror, lighting fixture, and toilet. Enjoy the view from the 17 x 11 sunroom or from the spacious deck leading to the 55’ of wonderful sandy beachfront located on a crystal-clear, spring fed, all sports Round Lake in Hillsdale County. The boating, fishing, and swimming are great! Plenty of storage areas both inside and out with main floor laundry, and extra storage sheds. The yard is immaculate, with large shade trees, a fire pit area, sandy beach, swings to relax & a new aluminum dock for your boat. New hot water on demand & added insulation makes the home very energy efficient. New Washer & microwave.

Last Agent to Sell the Property

Amy-Tony Simpkins

Goedert Real Estate - Adr License #LCAR-6501238153 Listed on: 08/05/2023

Last Buyer's Agent

Ralph Rorick

Coldwell Banker Real Estate Group License #SWMAR-6501433983

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55 x 144
  • Beach Front
  • Sandy Beach
  • Rural Setting
  • Sloped Lot

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,162 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Built-In Barbecue

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 10-100-001-002

Community Details

Overview

  • Shaffer's Cove Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,322

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4322.23
  • Total Tax Year: 2023
  • Year Built: 1950
  • Mail City: Reading
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Window Treatment(s)
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 9 x 9
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 9 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Main Floor, Dimensions: 9 x 9
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 7, On Level: Main, Flooring: Laminate
  • Dining Room: On Main Floor, Dimensions: 12 x 9
  • Dining Room Floor Covering: Laminate
  • Kitchen: On Main Floor, Dimensions: 18 x 13
  • Kitchen Floor Covering: Laminate
  • Laundry: On Main Floor, Dimensions: 7 x 7
  • Laundry Room Floor Covering: Laminate
  • Living Room: On Main Floor, Dimensions: 14 x 14
  • Living Room Floor Covering: Laminate
  • Sun Room: On Main Floor, Dimensions: 17 x 11
  • Sun Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1162
  • Total Finished Sq Ft: 1162

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, BBQ/Grill Built-in, Patio, Storms/Screens
  • Foundation: Crawl
  • Frontage: 55
  • Lake Name: ROUND LAKE
  • Water Features: All Sports Lake, Dock/Pier Facility, Lake Frontage, Water View, Waterfront, Beach Front, Sandy Bottom
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Electric Heat
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Tankless Hot Water
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 10-100-001-002
  • Lot Dimensions: 55 X 144
  • Acreage: 0.2
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Sloping

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,139.22
  • Winter Tax: Year: 2022, Amount: $3,183.01
  • Total Tax: Year: 2023, Amount: $4,322.23

MLS Schools

  • School District: Reading Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 8, 2023
Sold by
Montgague Carl and Montgague Debra
Bought by
Miller Daniel R and Miller Amy J
Seller's Agent
Amy-Tony Simpkins
Goedert Real Estate - Adr
Buyer's Agent
Ralph Rorick
Coldwell Banker Real Estate Group
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%
Views
29
Current Estimated Value
$297,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,904
Avg. Annual Appreciation
-2.54%
Original Mortgage
$299,250
Outstanding Balance
$292,903
Interest Rate
6.96%
Estimated Equity
$4,193

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 7, 2021
Sold by
Styles John E and Styles Cathy L
Bought by
Montague Carl and Montague Debra
Seller's Agent
Risa Mains
Playford Real Estate
Buyer's Agent
Risa Mains
Playford Real Estate
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$196,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Gallos James J
Bought by
Styles John E and Styles Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Daniel R $315,000 Diversified National Title Age
Montague Carl $245,000 None Available
Styles John E $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Daniel R $299,250
Previous Owner Montague Carl $196,000
Previous Owner Styles John E $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $315,000 -4.5% $271 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $329,900 +34.7% $284 / Sq Ft
08/27/2021 08/27/21 Sold $245,000 0.0% $211 / Sq Ft View Prior Sale
08/27/2021 08/27/21 For Sale $245,000 -- $211 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
Source: Michigan Multiple Listing Service

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 $5,567 $127,000 $0 $0
2024 $1,380 $125,900 $0 $0
2023 $1,139 $120,800 $0 $0
2022 $4,300 $98,900 $0 $0
2021 $3,015 $95,400 $0 $0
2020 $3,005 $94,300 $0 $0
2019 $2,923 $81,800 $0 $0
2018 $2,811 $73,600 $0 $0
2017 $2,730 $72,700 $0 $0
2016 $2,706 $72,300 $0 $0
2015 $692 $72,300 $0 $0
2013 $670 $71,260 $0 $0
2012 $654 $70,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50117816

Michigan Multiple Listing Service

APN: 10-100-001-002