5 months on rocket

407 E Chapin St, Cadillac, MI, 49601

$699,900

Home List Price

$8,311*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
5,577 SqFt
$126/SqFt
House

Location

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407 E Chapin St, Cadillac$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBrick, Circular, Alley Access, Private, Detached, Carport, Door Opener, Paved Driveway, Concrete Floors
Garage3 spaces
Year Built1897
HeatingHot Water
CoolingDuctless
WaterfrontNone
FireplaceFireplace(s), Gas, Wood
MLS #1922633
Lot Size0.50 Acres
StatusActive

About 407 E Chapin St

HISTORIC Cadillac, MI Dutch Neo Classical residence built by prominent lumber Baron Frank J. Cobbs in 1897 is presented for sale as part of Coldwell Banker's Global Luxury Collection. A home of this caliber rarely comes to market and in such fine condition and never to be recreated at this price. This Colonial revival home is believed to have been designed by famed architect George Mason (Grand Hotel on Mackinac Island & Mitchell Bldg in Cadillac) & has been lovingly & authentically maintained by the same family for 30 years....truly a jewel to behold. With the best of wood selections at his disposal Cobbs spared no expense creating the home with African mahogany, 1/4 sawn oak, rift sawn oak, birdsye and other maples. 6 unique fireplaces are crafted with Grueby tiles, bronze, wood & marble & enhanced by era appropriate lighting to balance the mood of the home. 3 ensuite bedrooms on the 2nd floor offer the ultimate in privacy & comfort with the added option of the 3rd floor penthouse apartment and studio apartment within the basement. The updated granite countered kitchen has quality William Ohs cabinetry complimented by Sub Zero & Bosch appliances with extensive storage within the Butlers' pantry glass door built-ins. The stately dining room is adorned with exquisite Jacquard Tapestry crafted on the original loom in Europe and is an exact duplicate of the original and sure to elevate any dinner discussion. Located on a 3 lot corner the well maintained perennial gardens, impressive circle drive with brick paved parking is overlooked by a large covered porch. Truly a stately impression. Back of home offers fenced dog run and aesthetically appropriate 3 car garage. Walking distance to downtown shops, dining, trails and lake access or a short drive to Traverse City's horse shows... the options are convenient and beautiful. Wexford County Airport-Cad is nearby for private arrivals and departures.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Colonial
  • Year Built: 1897
  • Living Area: 5,577 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traver
  • Office Phone: (231) 922-2350
  • Listing Agent: Shannon Beia

Interior Features

Interior Information:

  • Appliances: Refrigerator, Disposal, Dishwasher, Washer, Dryer, Security System, Oven, Cooktop, Ceiling Fan(s), Gas Water Heater
  • Interior: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Beamed Ceilings, Drywall
  • Fireplace: Fireplace(s), Gas, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Balcony, Patio, Sidewalk, Fenced Yard, Landscaped, Gutters, Dog Pen, Stone, Wood, Block

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Brick, Circular, Alley Access, Private, Detached, Carport, Door Opener, Paved Driveway, Concrete Floors

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Sloped
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Ductless

School Info

Assigned Schools Information:

  • Cadillac Senior High School, Public District Grades 9-12
  • Mackinaw Trail Middle School, Public District Grades 5-6
  • Franklin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Located at the corner of Park and Chapin Streets.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $126/SqFt

Tax Information:

  • Annual Amount: $3,754
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cadillac, MI.

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Cadillac, MI

City

Med. Sold Price

$224.4K

Med. Price/SqFt

$140

Avg. Days On Market

60

# of Sold Homes

21

407 E Chapin St vs Cadillac

166 DAYS ON ROCKET

+106 Days

$699,900

+$475.4K More

$126/SqFt

-$14 Less

KEY TAKEAWAY

This property is $475.4K more than the Median Sold Price and $14/SqFt less than other homes in Cadillac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1922633

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traver
  • Office Phone: (231) 922-2350
  • Listing Agent: Shannon Beia

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,754$189,300
2020 - $152,300
2019 - $131,200
2018 - $94,100
2017 - $100,300

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2269733
7
/10

  • Franklin Elementary School

  • 505 Lester St

  • 0.26 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2269734
7
/10

  • Mackinaw Trail Middle School

  • 8401 Mackinaw Trl

  • 2.55 miles

  • Public District Grades 5-6

High School

school-card-donut-2269735
7
/10

  • Cadillac Senior High School

  • 400 Linden St

  • 1.11 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,092. Typical income of Cadillac, MI residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 E Chapin St

What is the listing price of this property?

The listing price of 407 E Chapin St property is $699,900.

What type of property is this?

The property 407 E Chapin St is a house located in Cadillac, Michigan, 49601.

Is this property for sale now?

Active Listing: 407 E Chapin St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 407 E Chapin St are:
Franklin Elementary School: GreatSchools Rating 7/10
Mackinaw Trail Middle School: GreatSchools Rating 7/10
Cadillac Senior High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,754 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 E Chapin St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 407 E Chapin St is 5,577 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 E Chapin St is 1897.

Rocket Homes›Michigan›Wexford County›Cadillac›49601›407 E Chapin St

This home is located at 407 E Chapin St in Cadillac, MI and zip code 49601. This 5,577 square foot home, which was built in 1897, sits on a 0.50 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $699,900.

Cadillac, MI housing market in October 2024 saw over 7 listings sold above listed price, more than 3 sold at listed price and over 11 sold below. The inventory of homes for sale in Cadillac, MI between September 2024 and October 2024 increased by 21.2%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $224,416.

From Rocket Homes Real Estate and based on county public records data.

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