Check Availability

12383 Margaret Drive

12383 Margaret Drive, Fenton, MI 48430
Property in Fenton
Sold Apr 19, 2021
$1,800,000
$1,440,000 by Level One Bank
Mortgage Due May 01, 2051
12383 Margaret Drive has been categorized by the local assessors in Fenton, MI as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 4 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 12383 Margaret Drive has 4,159 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 933 ft and across the front of the lot is 1,190 ft. The area measurement of the land has been determined as 16,901 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,942 sqft. According to our sources, there are a total of 7 available parking spaces. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Apr 1, 2021 for $1,800,000. That's $432.80 per sqft. 12383 Margaret Drive was last assessed in 2023. The total value of the property was assessed at $1,046,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,074. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,618
  • Garage Type: Garage
  • Garage Square Area: 1,942
  • Parking Space Count: 7

    Dimensions

  • Lot Size Square Feet: 16,901
  • Lot Size Depth Feet: 933
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 4,159
  • Building Area: 4,159
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,159
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHOREACRES HOMESITES
  • Land Acres: 0.388
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 1/2 OF LOT 7 AND LOT 8 AND S 26.6 FT OF LOT 9 SHOREACRES HOMESITES & PART OF GOVT LOT 7 BEG N 20 DEG 53 MIN E 10 FT FROM NW COR OF LOT 6 SHORE ACRES HOMESITES TH N 69 DEG 07 MIN W 180 FT TH N 20 DEG 53 MIN E 70 FT TH S 69 DEG 07 MIN E 180 FT TH S 2

Ownership

  • Current Owner : CASCARDO DINO A
  • Current Owner 2: CASCARDO KIMBERLY M
  • Previous Owner : PLOUCHA JOHN W
  • Previous Owner 2: PLOUCHA MARY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Fenton Community Schools
  • School Tax School District: LAKE FENTON
  • Census Tract: 013303

Zoning

  • Zoning: R-3

Geography

  • District: 06
  • Section: 11
  • Parcel: 06-11-501-137
  • Lot: 6-9
  • Meridian: SEC 11 TWN 05N RNG 06E
  • Municipality: FENTON TWP
  • Latitude: 42.8463
  • Longitude: -83.7228

    Address

  • Full Address: 12383 Margaret Dr
  • Address - House Number: 12383
  • Address - Street Name: Margaret
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Fenton
  • Carrier Code: R001
  • 4-Digit Zip Code: 8850
  • Zip Code: 48430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,074

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 2,077,126
  • High Value: 3,021,821
  • Low Value: 1,132,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: LEVEL ONE BANK
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $2,092,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,046,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11836290795
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202104190040102

    Last Sale Mortgage

  • First Mortgage Lender: LEVEL ONE BANK
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lake Fenton



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3310 Ponemah Drive, Fenton, MI, 48430

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
3310 Ponemah Drive, Fenton, MI, 48430 Listing by James T Silver

Frequently Asked Questions

What neighborhood is 12383 Margaret Drive located in?
The 12383 Margaret Drive is a located in the neighborhood of Fenton in Lake Fenton, Fenton.
What is the average sales price for listings in 12383 Margaret Drive?
The average sales price for units in 12383 Margaret Drive is $0 currently.

Quantcast