14 days on rocket

245 S Lake Dr, Cadillac, MI, 49601

$349,900

Home List Price

$4,155*

Closing Credit

3 Bedrooms
1 Full Bath
1,311 SqFt
$267/SqFt
House
Schools Nearby

Location

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245 S Lake Dr, Cadillac$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, None
Year Built1982
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontAll Sports, Waterfront, Private Dock, Sandy Bottom, Public Lake
FireplaceNone
MLS #1922232
Lot Size0.12 Acres
StatusActive

About 245 S Lake Dr

Nestled on the serene western shores of Lake Mitchell in Cadillac, this charming cottage offers an idyllic retreat for lakeside living. Boasting three bedrooms and two baths, this tastefully updated manufactured home invites you to embrace waterfront bliss. With 50 feet of prime water frontage, a private dock six section dock, this property caters to aquatic enthusiasts. Whether it's fishing expeditions or sunset sails, the lake awaits your exploration. A 22 foot Bentley pontoon boat and additional dock sections are available separately. That could round out this wonderful property. Recent upgrades enhance the allure of this lakeside haven, including a new stove, freshly painted interiors, and two rooms adorned with gleaming laminate flooring. Sold fully furnished, this turnkey retreat promises effortless enjoyment from day one. Awaken to breathtaking sunrises over the tranquil waters, savored from the comfort of your partial wrap-around deck. With ample space for summer gatherings and alfresco dining, this outdoor oasis beckons for relaxed entertaining. A cozy self-contained fire pit adds a touch of northern charm, perfect for roasting marshmallows under the starlit sky. Don't miss this rare opportunity to own a slice of lakeside paradise, where every day feels like a vacation. Embrace the coveted lifestyle of lakefront living and make cherished memories in this wonderful retreat on Lake Mitchell.

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured/Double Wide, 1 Story
  • Year Built: 1982
  • Living Area: 1,311 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-Cadillac
  • Listing Agent: Mike McGuire

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener, Washer, Dryer, Electric Water Heater
  • Interior: Walk-In Closet(s), Paneling
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: All Sports, Waterfront, Private Dock, Sandy Bottom, Public Lake
  • Exterior: Deck, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, None

Virtual/3D Tour

  • Virtual Tour: 245 S Lake Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central
  • Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

  • Cadillac Senior High School, Public District Grades 9-12
  • Mackinaw Trail Middle School, Public District Grades 5-6
  • Forest View Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Cadillac take 13 th street west around Lake Mitchell, turn left at the totem pole, home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $267/SqFt

Tax Information:

  • Annual Amount: $4,000
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cadillac, MI.

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Cadillac, MI

City

Med. Sold Price

$210K

Med. Price/SqFt

$134

Avg. Days On Market

65

# of Sold Homes

21

245 S Lake Dr vs Cadillac

14 DAYS ON ROCKET

-51 Days

$349,900

+$139.9K More

$267/SqFt

+$132 More

KEY TAKEAWAY

This property is $139.9K more than the Median Sold Price and $132/SqFt more than other homes in Cadillac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1922232

Listing Office:

  • Office Name: Coldwell Banker Schmidt-Cadillac
  • Listing Agent: Mike McGuire

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 10:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,000$82,600
2020 - $77,600
2019 - $78,000
2018 - $73,300
2017 - $74,600

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3988183
7
/10

  • Forest View Elementary School

  • 7840 South 25 Mile Rd

  • 4.21 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3988184
7
/10

  • Mackinaw Trail Middle School

  • 8401 Mackinaw Trl

  • 5.48 miles

  • Public District Grades 5-6

High School

school-card-donut-3988185
7
/10

  • Cadillac Senior High School

  • 400 Linden St

  • 4.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,426. Typical income of Cadillac, MI residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 S Lake Dr

What is the listing price of this property?

The listing price of 245 S Lake Dr property is $349,900.

What type of property is this?

The property 245 S Lake Dr is a house located in Cadillac, Michigan, 49601.

Is this property for sale now?

Active Listing: 245 S Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 245 S Lake Dr are:
Forest View Elementary School: GreatSchools Rating 7/10
Mackinaw Trail Middle School: GreatSchools Rating 7/10
Cadillac Senior High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,000 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 245 S Lake Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 245 S Lake Dr is 1,311 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 S Lake Dr is 1982.

Rocket Homes›Michigan›Wexford County›Cadillac›49601›245 S Lake Dr

This home is located at 245 S Lake Dr in Cadillac, MI and zip code 49601. This 1,311 square foot home, which was built in 1982, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $349,900.

Cadillac, MI housing market in April 2024 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 11 sold below. The inventory of homes for sale in Cadillac, MI between March 2024 and April 2024 increased by 4.3%. The median list price of listings available in April 2024 was $210,000, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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