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Hillsdale 49233
14405 CRESTRIDGE DR
$414,900
● House - Off Market

14405 CRESTRIDGE DR

Cement City, MI 49233
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,887 Ft²
$650,324
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Beautiful Sandy Beach Lake Front Home on All Sports Lake with a picturesque view of the Island.  This home offers 4 Bedrooms, 3.5 Baths, large open rooms perfect for entertaining.  Master bedroom with bath, walk-in closest and private deck.Plenty of room to entertain in the large finished walkout basement.  Updates in recent years include New Furnace/AC, Quartz Kitchen Counter Tops, Anderson Windows on second floor, Insulation throughout, A Jacuzzi Tub and an 80 Gallon Energy-Efficient Water Heater.  This nicely Landscaped lot with Huge Deck and Patio has beautiful views of Lake.  There is abundant closet and storage space plus a shed to store water toys.  Property includes Dock and Boat Lifts!
Unit Size
2,887 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$149
Property Type
House
Property Taxes
$312
HOA Dues
$38
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21053383)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Feb 15, 2023 Listed by LEFERE REALTY $599,000
Listed by LEFERE REALTY
Sep 28, 2018 Sold
Premium
Sold
Jul 29, 2018 Listed by LEFERE REALTY $429,900
Listed by LEFERE REALTY
May 12, 2010 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,325
  • Garage Type: 7
  • Garage Square Area: 754
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,119
  • Lot Size Depth Feet: 2,510
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,325
  • Gross Building Area: 1,988
  • Building Area: 1,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE SOMERSET HEIGHTS
  • Land Acres: 0000000393
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 128 LAKE SOMERSET HEIGHTS SEC 1 T5S R1W

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050101

Zoning

  • Zoning: RL1

Geography

  • District: 04
  • Parcel: 04-205-001-130
  • Lot: 128
  • Meridian: SEC 01 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0589
  • Longitude: -84.3744

    Address

  • Full Address: 14405 Crestridge Dr
  • Address - House Number: 14405
  • Address - Street Name: Crestridge
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Cement City
  • Carrier Code: R032
  • 4-Digit Zip Code: 9616
  • Zip Code: 49233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $210,339

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 476,937
  • High Value: 645,568
  • Low Value: 308,305

    Market Valuation

  • Market Total Value: $513,567
  • Market Land Value: $113,798
  • Market Improvement Value: $399,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 597524
  • Previous Sale Recording Date: Sep 28, 2018
  • Previous Sale Contract Date: Sep 26, 2018
  • Previous Sale Amount: $414,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Philip V Lefere, LEFERE REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21053383
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 14405 Crestridge Drive built and last sold?
The property at 14405 Crestridge Drive was built in 1997 and last sold on Mar 14, 2023 for $655,000.
How much is this home worth?
The estimated value of the home located at 14405 Crestridge Drive is $596,975.
What are some comparable homes to 14405 Crestridge Drive?
There are currently no comparable homes to 14405 Crestridge Drive.
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