When was property at 7517 Lake Drive built and last sold?

The property at 7517 Lake Drive was built in and last sold on Aug 8, 2018 for $80,000.

How much is this home worth?

The estimated value of the home located at 7517 Lake Drive is $200,747.

What are some comparable homes to 7517 Lake Drive?

There are currently no comparable homes to 7517 Lake Drive.

Hillsdale

49274

7517 Lake Drive

Sold on Jul 14, 2026

Map

$195,000

● House - Off Market

7517 Lake Drive

Reading, MI 49274

3 Beds

1 Bath

732 Ft²

$1,238

Est. Monthly

About This Property

Charming Lakefront Cottage on Chain of Lakes. Enjoy this fantastic setting with 60 ft of lakefront and over 300 feet of channel frontage on peaceful Lake Mead, which connects to Turner and Reibeck lakes, offering 120 acres. Relax in this three-bedroom, one-bath cottage, which blends rustic charm with modern updates. Featuring cathedral ceilings, an open floor plan, and a cozy loft. Inside, you will find custom woodwork and plenty of room to entertain. Seller has recently upgraded the electrical box/electric and added a generator hook. Outside, enjoy a quiet setting with a spacious yard, a new shed with electricity, and a quality dock for easy water access. This cottage comes with all furnishings. Come out and enjoy the summer at the lake.

Unit Size

732 Ft²

Days on Market

46 days

Land Size

0.46 acres

Price per sqft

$294

Property Type

House

Property Taxes

$181

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MichRIC MLS #26025722)

Price History

Date / Event	Date	Event
Jul 14, 2026	Sold	Premium
Sold
Jun 24, 2026	In contract	-
In contract
May 29, 2026	Listed by RE/MAX Irish Hills Realty	$215,000
Listed by RE/MAX Irish Hills Realty
May 30, 2025	Sold	Premium
Sold
May 10, 2025	In contract	-
In contract
May 6, 2025	Listed by HOWARD HANNA REAL ESTATE SERVI	$145,000
Listed by HOWARD HANNA REAL ESTATE SERVI

	Enjoy 60 feet of lake frontage and over 300 feet of channel frontage on peaceful Mead Lake, connected to Turner and Reibeck Lakes—offering 120 acres of excellent year-round fishing. This 3-bedroom, 1-bath cabin blends rustic charm with modern updates, featuring cathedral ceilings, an open floor plan, and a cozy loft that provides additional space for guests or relaxation.Inside, you'll find custom woodwork, fresh paint, and sealed wood finishes throughout. The beautifully crafted interior creates a warm, inviting atmosphere that's perfect for getaways or full-time living. Appliances are included, and furnishings can be purchased separately. Outside, enjoy a quiet setting with a spacious yard, a brand-new shed with electricity, and a quality dock for easy water access. Move in ready!
Aug 10, 2018	Sold	Premium
Sold
Sep 13, 2017	Listed by RE/MAX Irish Hills Realty	$84,900
Listed by RE/MAX Irish Hills Realty

Property Highlights

Building Info

Overview

General

Building Count: 2

Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
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: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 20,176

Lot Size Frontage Feet: 600
Total Building Area: 680
Gross Building Area: 680
Building Area: 680
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 4
Heated Square Feet: 680
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: DAILEY SUB
Land Acres: 0000000463
Standard Land Use Code: 1001
County Land Use Code: 401
Legal Description 1: S1/2 LOT 15 SUPERS PLAT OF DAILEY SUB

Neighborhood

School District Name: Reading Community Schools

Census Tract: 050400

Zoning

Zoning: ZONING

Geography

District: 10

Parcel: 10-095-001-022
Lot: 15
Municipality: READING TWP
Latitude: 41.8179
Longitude: -84.8137

Address

Full Address: 7517 Lake Dr

Address - House Number: 7517
Address - Street Name: Lake
Address - Suffix Type: Dr
State: MI
City Name: Reading
Zip Code: 49274

Valuation

Tax

Tax Year: 2023

Tax Amount: $49,054

Appraisal Valuation

Standard Deviation: 0.1444

Valuation Date: Dec 13, 2023
Confidence Score: 71
Final Value: 88,445
High Value: 101,216
Low Value: 75,673

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $103,405

Market Land Value: $30,320
Market Improvement Value: $73,085

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $51,700

Sales

Current Sale Contract Date: Aug 08, 2018

Current Sale Recording Date: Aug 10, 2018
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Apr 15, 2008
Previous Sale Contract Date: Mar 06, 2008
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

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

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Listed by: PENNY NOREIKA, RE/MAX Irish Hills Realty
Last Updated: 4 months ago
Data Source: MichRIC, MLS# 26025722

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.