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$949,900

Beds
4
Baths
4.0
sq ft
3,828

1820 S Lake Mitchell Dr, Cadillac, MI 49601

1820 S Lake Mitchell Dr

Cherry Grove Twp, MI 49601

  • 34 days on market
Welcome to ‚Å“Heron Haven‚  on the serene shores of Lake Mitchell! This exquisite 4-bedroom, 5-bathroom residence spans over 3,800 square feet, showcasing soaring ceilings and a custom kitchen that is a gourmet experience for chefs, and guests alike. Step inside to find breathtaking views from the numerous windows that frame the stunning water and pristine sandy shoreline. The expansive living spaces are bathed in natural light, providing a seamless connection to the outdoors. The spacious patio and deck offer the perfect spots for relaxing and entertaining, with gradual steps that lead directly down to the lake, and intimate fire pit area. Nestled on a private lot with 127 feet of pristine frontage, this property also features a charming studio-style guest house to provide extra accommodations for visitors or can serve as a creative retreat. Kim and Rebeccas take: "Every detail of this home has been carefully designed to offer luxury, privacy, and the ultimate lakeside living experience." Furnishing package is available. Seller is a licensee of the State of Michigan.

Details

Property type

Single Family Residence

Est. home value

$760,516

Lot size

0.72 acres

Price per sq ft

$249

Year built

1950

Annual property taxes

$12,226.43

Price History

08/09/2024
Realcomp

Realcomp #78080049298

Listed
$949,900
+31.02%
06/29/2023
Realcomp

Realcomp #72022044039

Sold
$725,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Cadillac

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$694,828
Asking price
$949,900
Closing costs (~8% of asking)
-$75,992
Est. remaining loan balance
-$179,080
Cash to seller
$694,828

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Federally Charterd Savings Bank

Loan start date

March 2012

Original loan amount

$381,000

Est. remaining balance

$179,080

Interest rate

3.98%

Loan type

Not Provided, 20 year

Seller

Mary Jane Dewey-Canfiled and Thomas F Canfiled

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/13/2024 at 5:55 PM

Listing updated: 08/15/2024 at 12:54 PM

Listed by: Kimberly A Kamrow, Phone #: (231) 633-1796

MLS: Realcomp #78080049298

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