Sold for $500,000

$500,000

7550 Ledgewood Dr, Fenton, MI 48430

6beds

3,174sqft

Single Family Residence

Built in 1967

0.57 Acres Lot

$676,000 Zestimate^®

$158/sqft

$5,134 Estimated rent

Home value

$676,000

$608,000 - $757,000

$5,134/mo

Zestimate^® history

Owner options

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$5,134/mo

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$5,134/mo

Rent Zestimate^®

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$3,891/mo

Est. payment

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$3,891/mo

Est. payment

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What's special

Large yardWaterfront homePrep spaceMultiple decksLarge bedroomsBeautiful granite countertopsUpdated kitchen

Rare opportunity for 107 feet of frontage in the highly sought after Lake Shannon neighborhood! This waterfront home features almost 3200 square feet, 6 bedrooms, and 3 full bathrooms and sits on a half-acre lot on private, all-sports Lake Shannon. A wall of windows showcases gorgeous lake views from the updated kitchen, which features beautiful granite countertops, an island for extra seating and prep space, and stainless steel appliances including a double oven for large meals. Enjoy plenty of room to spread out with large bedrooms & multiple living/family rooms. Pamper yourself in the sauna or relax with a cup of coffee and a book on the enclosed patio overlooking the lake. Multiple decks offer options for outdoor entertaining, and the large yard leads down to a sandy beach on the water's edge. You don't want to miss this home; call for a tour today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 3,174 sqft
Finished area above ground: 3,174

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Attached
Attached garage spaces: 2

Features

Levels: Quad Level
Entry location: GroundLevel
Pool features: None
On waterfront: Yes
Waterfront features: All Sports Lake, Direct Water Frontage, Lake Front, Waterfront
Body of water: Lake Shannon

Lot

Size: 0.57 Acres
Dimensions: 102.39 x 244.00

Details

Parcel number: 0430101011
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Split Level
Property subtype: Single Family Residence

Materials

Aluminum Siding, Brick, Stone
Foundation: Basement, Block

Condition

New construction: No
Year built: 1967

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: LAKE SHANNON NO 7

HOA

Has HOA: Yes
HOA fee: $711 annually

Location

Region: Fenton

Financial & listing details

Price per square foot: $158/sqft
Tax assessed value: $166,584
Annual tax amount: $3,912
Date on market: 10/10/2023
Cumulative days on market: 55 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
12/15/2023	Sold	$500,000-25.9%$158/sqft
Source: Realcomp II #20230086548 Report a problem
12/4/2023	Pending sale	$674,900$213/sqft
Source: Realcomp II #20230086548 Report a problem
11/8/2023	Price change	$674,900-3.6%$213/sqft
Source: Realcomp II #20230086548 Report a problem
10/10/2023	Listed for sale	$699,900$221/sqft
Source: Realcomp II #20230086548 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,277 +77.1%	$333,700 +5.4%
2024	$4,108 +5%	$316,500 +5.4%
2023	$3,913 +2.2%	$300,300 +6.5%
2022	$3,830	$282,100 +8.9%
2021	--	$259,100 +8.6%
2020	--	$238,500 +15.4%
2019	$3,687 +146.5%	$206,600 -0.8%
2018	$1,496	$208,300 +0.8%
2017	--	$206,600 -0.6%
2016	--	$207,900 +18.9%
2014	--	$174,800 +16%
2012	$4,009	$150,700 -10.3%
2011	--	$168,000 -14.4%
2010	--	$196,200 -19.5%
2009	--	$243,800 -11%
2008	--	$273,900
2007	$2,415 +11.7%	--
2006	$2,162 +20.7%	$246,000 +4.8%
2005	$1,791 -25.1%	$234,800 +1.1%
2003	$2,392	$232,260 +6.7%
2002	--	$217,686 +16%
2001	$2,875 -0.4%	$187,711 +10.7%
2000	$2,886	$169,640