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Sold
  • $1,300,000

    7541 Margaret Ave, West Olive, MI 49460

    6beds
    2,064sqft
    Single Family Residence
    Built in 1966
    6,534 Square Feet Lot
    $1,426,400 Zestimate®
    $630/sqft
    $3,002 Estimated rent

    Home value

    $1,426,400

    $1.33M - $1.54M

    $3,002/mo

    Zestimate® history
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    What's special

    Discover this awesome 6-bedroom, 3-bath Lake Michigan cottage with no steps to the beach, great views, sunsets, and active, social community with optional boat dock on Pigeon Lake. The gated community of Mountain Beach is a rare offering as many homes pass from generation to generation. Large newer composite deck and large patio lakeside. No worries about erosion and enjoy driving your ''Gator'' or ATV to the beach. Just north of the Pigeon Lake channel and home is being rented this summer. Recent updates include newer LVP flooring, a 2010 furnace, a second washer/dryer hookup in the basement, and a remodeled kitchen with a center island. The main cottage has a main bedroom, full bath, and down the steps are an additional 3 bedrooms and full bath. The guest quarters above the garage include 2 bedrooms and a full bath. Rented for the summer starting June 8th. During prime summer weeks, rentals are from Saturday to Saturday. Therefore, showings are limited to a small window between renters on most Saturday afternoons. Andersen windows throughout and nearly 700 square feet of deck or patio lakeside and a huge, walkable, sandy beach to enjoy in the summer or year-round. Don't miss out on the opportunity to make lasting memories at this special community. Rented for most the summer and buyer must honor all summer rentals. Turn-key option available; to be negotiated separately.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea L Crossman 616-218-0267,

    Coldwell Banker Woodland Schmidt

    Bought with:

    Mary Bolhuis Libby, 6506042961

    Coldwell Banker Woodland Schmidt

    Eric Libby, 6506046119

    Source: MichRIC,MLS#: 24025373MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Main
    Bedroom 5
    • Level: Upper
    Bathroom 1
    • Level: Upper
    Bathroom 2
    • Level: Main
    Bathroom 3
    • Level: Upper
    Dining area
    • Level: Upper
    Game room
    • Level: Upper
    Kitchen
    • Level: Upper
    Laundry
    • Description: Guest Quarters
    • Level: Main
    Living room
    • Level: Upper
    Other
    • Description: Bedroom 6
    • Level: Upper
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level, None
    Features
    • Center Island, Eat-in Kitchen
    • Windows: Screens
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,064
    • Total interior livable area: 2,064 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 2
    • On waterfront: Yes
    • Waterfront features: Lake
    • Body of water: Lake Michigan
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 129
    • Features: Shrubs/Hedges
    Details
    • Parcel number: 701116329018

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Wood Siding
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Beach Area
    • HOA fee: $500 annually
    Location
    • Region: West Olive

    Financial & listing details

    • Price per square foot: $630/sqft
    • Tax assessed value: $126,783
    • Annual tax amount: $5,013
    • Date on market: 6/11/2024
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/28/2024Sold$1,300,000-5.8%$630/sqft
    Source: MichRIC #24025373 Report a problem
    6/17/2024Pending sale$1,380,000$669/sqft
    Source: MichRIC #24025373 Report a problem
    6/11/2024Listed for sale$1,380,000$669/sqft
    Source: MichRIC #24025373 Report a problem
    5/30/2024Pending sale$1,380,000$669/sqft
    Source: MichRIC #24025373 Report a problem
    5/21/2024Listed for sale$1,380,000+91.9%$669/sqft
    Source: MichRIC #24025373 Report a problem
    1/4/2019Listing removed$1,295$1/sqft
    Source: BVW Vacation Rentals Report a problem
    9/28/2018Listed for rent$1,295$1/sqft
    Source: BVW Vacation Rentals Report a problem
    8/19/2016Sold$719,000$348/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,009 -0.1%$424,300 +234.7%
    2024$5,013 +0.3%$126,783 +5%
    2023$4,997 +836.8%$120,746
    2022$533 --
    2021-- --
    2020-- $109,787 +4.3%
    2018-- $105,215 -72.7%
    2017-- $385,000 +44.5%
    2016-- $266,500 +4%
    2015-- $256,300 +0.2%
    2014-- $255,900 +5.2%
    2013-- $243,300 -0.5%
    2012-- $244,500 -7.7%
    2011-- $264,800 -1.6%
    2009-- $269,100 -9.3%
    2008-- $296,600 +70.1%
    2005-- $174,400 +0.9%
    2004-- $172,900 +17.7%
    2003-- $146,900 +41%
    2002-- $104,200 +8.7%
    2001-- $95,900
    Find assessor info on the county website

    Neighborhood: 49460

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,426,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,426,400