NOT LISTED FOR SALE

8582 Cherry Point Rd Manitou Beach, MI 49253

Estimated Value: $1,525,000 - $1,696,249

5 Beds
3 Baths
3,747 Sq Ft
$433/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $1,350,000 $360 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,648/month

175 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Wood Flooring
  • Waterfront
  • Cathedral Ceiling
  • 2 Car Detached Garage

About This Home

As of September 2021

Incredible opportunity to own new construction lakefront at Devils Lake exclusive Cherry Point. Manitou Beach’s premier builder Michelle Construction has transformed this a remarkable site to build a nearly 4000 square foot home featuring 5 bedrooms and 3 ½ baths. All the details and features you would expect with a custom home such as quartz counters, tile baths, 10’ ceilings, cathedral ceilings, covered porches, indoor and outdoor fireplaces, and much more. Also includes additional lot for extra parking or future garage/carriage house. Refer to builders’ specifications for all finish and design details.

Last Agent to Sell the Property

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749 Listed on: 03/10/2021

Last Buyer's Agent

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749 Listed on: 03/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x171
  • Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Composite Building Materials

Interior Spaces

  • 3,747 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Seawall
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number RL0-840-0130-00 / 855-0810-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,934

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Contemporary
  • Structure Style: More Than 2 Stories
  • New Construction: Yes
  • Total Tax Amount: 4933.95
  • Total Tax Year: 2018
  • Year Built: 2021
  • Mail City: Manitou Beach
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Walk-In Closet, Wet Bar/Bar
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 18 x 20
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 4: On 2nd Floor, Dimensions: 21 x 11
  • Bedroom 5: On 3rd Floor, Dimensions: 14 x 26
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Third
  • Room Types: Family Room, Living Room, Second Floor Laundry, Primary Bathroom
  • Dining Room: On 1st Floor, Dimensions: 10 x 22
  • Family Room: On 1st Floor, Dimensions: 18 x 11
  • Kitchen: On 1st Floor, Dimensions: 11 x 22
  • Laundry: On 2nd Floor, Dimensions: 8 x 5
  • Living Room: On 1st Floor, Dimensions: 18 x 20
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3747
  • Total Finished Sq Ft: 3747

Exterior Features

  • Exterior: Stone, Composition
  • Exterior Features: Patio, Porch
  • Construction: New/Never Occupied
  • Foundation: Crawl
  • Frontage: 50
  • Lake Name: Devils
  • Road: City/County
  • Water Features: Lake Frontage, Sea Wall
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: RL0-840-0130-00 / 855-0810-00
  • Zoning: Residential
  • Lot Dimensions: 50x171
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,305.38
  • Winter Tax: Year: 2018, Amount: $3,628.57
  • Total Tax: Year: 2018, Amount: $4,933.95

MLS Schools

  • School District: Addison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Sep 3, 2021
Sold by
Michelle Construction Llc
Bought by
Stamats Brett and Stamats Amy J
Seller's Agent
Mark Baker
Foundation Realty, LLC
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$1,625,000
Sold Price
$1,350,000
Premium/Discount to List
-$275,000
-16.92%
Current Estimated Value
$1,622,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,750
Avg. Annual Appreciation
4.21%
Original Mortgage
$548,250
Outstanding Balance
$497,019
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,125,731

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 8, 2020
Sold by
Hagen Deborah L and Hagen James W
Bought by
Michelle Construction Llc
Seller's Agent
Mark Baker
Foundation Realty, LLC
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.72%

Purchase Details

Closed on
May 21, 2007
Sold by
Frances M Hagen Irrey Trust
Bought by
Hagen James W and Hagen Deborah L

Purchase Details

Closed on
Sep 28, 1996
Bought by
Hagen James W and Hagen Deborah L
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
Stamats Brett $1,350,000 None Available
Michelle Construction Llc $500,000 None Available
Hagen James W -- None Available
Hagen James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamats Brett $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $1,350,000 -11.5% $360 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/03/2021 07/03/21 Price Changed $1,525,000 -6.1% $407 / Sq Ft
04/30/2021 04/30/21 Price Changed $1,624,900 0.0% $434 / Sq Ft
03/10/2021 03/10/21 For Sale $1,625,000 +225.0% $434 / Sq Ft
09/08/2020 09/08/20 Sold $500,000 0.0% $817 / Sq Ft View Prior Sale
09/08/2020 09/08/20 For Sale $500,000 -- $817 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
Source: Michigan Multiple Listing Service

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 $14,646 $695,500 $0 $0
2024 $69 $706,000 $0 $0
2022 $24,443 $543,300 $0 $0
2021 $2,168 $50,000 $0 $0
2020 $2,710 $61,300 $0 $0
2019 $312,781 $61,300 $0 $0
2018 $4,641 $125,892 $0 $0
2017 $4,512 $118,357 $0 $0
2016 $4,489 $118,299 $0 $0
2014 -- $120,128 $0 $0
Source: Public Records

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50036040

Michigan Multiple Listing Service

APN: RL0-840-0130-00

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