2 months on rocket

2501 S Lake Mitchell Dr, Cadillac, MI, 49601

$138,000

Home List Price

$1,639*

Closing Credit

4 Bedrooms
2 Full Baths
1,350 SqFt
$102/SqFt
House
Schools Nearby

Location

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2501 S Lake Mitchell Dr, Cadillac$138,000

Buyer Closing Credits

$1,639*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Dirt, None
Garage1 space
Year Built1994
HeatingPropane, Forced Air
CoolingGas, Central Air
WaterfrontNone
FireplaceNone
MLS #1918988
Lot Size1.00 Acres
StatusActive

About 2501 S Lake Mitchell Dr

Welcome to your affordable haven! 4-bedroom, 2-bathroom home is a perfect blend of comfort and space, nestled on a meticulously sized 1-acre plot measuring 209x209. Positioned within a convenient 1/4 mile walking distance from Lake Mitchell's boat launch access. Recent updates have elevated the charm of this home, showcasing a brand-new stove/range, rejuvenated flooring, and a tasteful coat of fresh paint. The backyard boasts a practical shed with room for 1 car, serving as a lean-to or carport. Complete with a fenced-in yard, this property is a secure oasis. Its prime location, coupled with these modern enhancements, makes this home a standout opportunity in the real estate market. Whether you're a first-time homebuyer, seeking a weekend getaway, or looking for the perfect place to downsize, this property caters to diverse needs. Don't miss the chance to make this charming residence your own slice of lakeside paradise

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured/Double Wide, 1 Story
  • Year Built: 1994
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: Keller Williams Northern Michi
  • Listing Agent: Nicole Draper

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Interior: Fixer-Upper, Island Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Fenced Yard, Countryside View, Vinyl

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Gravel, Dirt, None

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Cadillac Senior High School, Public District Grades 9-12
  • Cadillac Junior High School, Public District Grades 7-8
  • Mackinaw Trail Middle School, Public District Grades 5-6
  • Forest View Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: M-55, Head northwest on M-115 / M-55 / Sunnyside Dr toward M-55 / E M 55 Marathon Gas on the corner 1.3 mi Mobil on the corner Turn right onto S Lake Mitchell Arrive at S Lake Mitchell Dr on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $138,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $642
  • 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

$208K

Med. Price/SqFt

$135

Avg. Days On Market

140

# of Sold Homes

14

2501 S Lake Mitchell Dr vs Cadillac

87 DAYS ON ROCKET

-53 Days

$138,000

-$70K Less

$102/SqFt

-$33 Less

KEY TAKEAWAY

This property is $70K less than the Median Sold Price and $33/SqFt less than other homes in Cadillac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1918988

Listing Office:

  • Office Name: Keller Williams Northern Michi
  • Listing Agent: Nicole Draper

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: 4/28/2024, 4:25:17 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$642$25,700
2020 - $26,600
2019 - $21,400
2018 - $20,200
2017 - $21,600

History based on county public records data.

Payment Calculator

$756

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$480

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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-2409585
2
/10

  • Forest View Elementary School

  • 7840 South 25 Mile Rd

  • 4.06 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2409586
7
/10

  • Cadillac Junior High School

  • 500 Chestnut St

  • 4.37 miles

  • Public District Grades 7-8

school-card-donut-2409587
7
/10

  • Mackinaw Trail Middle School

  • 8401 Mackinaw Trl

  • 4.66 miles

  • Public District Grades 5-6

High School

school-card-donut-2409588
7
/10

  • Cadillac Senior High School

  • 400 Linden St

  • 4.23 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 $49,045. The most common annual income of people living in Cadillac, MI is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2501 S Lake Mitchell Dr

What is the listing price of this property?

The listing price of 2501 S Lake Mitchell Dr property is $138,000.

What type of property is this?

The property 2501 S Lake Mitchell Dr is a house located in Cadillac, Michigan, 49601.

Is this property for sale now?

Active Listing: 2501 S Lake Mitchell 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 2501 S Lake Mitchell Dr are:
Forest View Elementary School: GreatSchools Rating 2/10
Cadillac Junior High 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 $642 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2501 S Lake Mitchell Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2501 S Lake Mitchell Dr is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2501 S Lake Mitchell Dr is 1994.

Rocket Homes›Michigan›Wexford County›Cadillac›49601›2501 S Lake Mitchell Dr

This home is located at 2501 S Lake Mitchell Dr in Cadillac, MI and zip code 49601. This 1,350 square foot home, which was built in 1994, sits on a 1.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $138,000.

In March 2024, from all listings sold in Cadillac, MI there were more than 4 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Cadillac, MI between February 2024 and March 2024 decreased by 1.4%. While the average time on the market in March 2024 was 140 days, the median list price was $208,000.

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

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