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125 Lakewood Dr

Cadillac, MI 49601

5 bd 3 ba 2,820 sqft Built 1989 Lot 19,166 sqft single_family
Most recent sale
$403,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $403,000 MLS #1899016
Apr 29, 2022 Listed $399,900 MLS #22015220
Apr 28, 2022 Listed $399,900 MLS #1899016
Mar 3, 2014 Listing removed $174,500 Cadillac
Feb 28, 2014 Sold $168,500 Waterwonderland
Feb 21, 2014 Sold $168,500 Public Record
Jan 21, 2014 Listed $174,500 MLS #21111880
Mar 21, 2013 Listing removed $178,500 Cadillac
Jul 10, 2012 Price changed $178,500 MLS #21105933
Jun 22, 2012 Listed $188,500 MLS #21105933
Mar 28, 2011 Listing removed $199,900 Cadillac
Sep 28, 2010 Listed $199,900 MLS #1720689
Aug 27, 2010 Listing removed $227,500 Cadillac
Aug 26, 2010 Listing removed $227,500 NGLRMLS
Apr 30, 2010 Listed $227,500 MLS #1715377
Feb 26, 2010 Listed $227,500 MLS #21000509
Oct 28, 2008 Sold $199,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $80,500 $1,284
2020 $80,500 $2,586

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,820 sqft
Lot size
19,166 sqft
ZIP code
49601
City
Cadillac
Street
Lakewood Dr
Coordinates
44.19617, -85.49323

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,230
Gross rental yield
12.60%
Implied cap rate
8.19%
Trend-extrapolated value

Frequently asked questions

When did 125 Lakewood Dr last sell?
125 Lakewood Dr most recently sold on May 20, 2022 for $403,000.
What is the current tax assessment for 125 Lakewood Dr?
The most recent total assessment for 125 Lakewood Dr (year 2021) is $80,500 with $1,284 in property tax.
How does 125 Lakewood Dr's assessment compare to its last sale price?
The current assessment is 80.0% below the last sale price of $403,000.
When was 125 Lakewood Dr built?
125 Lakewood Dr was built in 1989.
How does 125 Lakewood Dr compare to others on Lakewood Dr?
We track 8 other properties on Lakewood Dr. Browse the list under "Other properties on Lakewood Dr" to compare beds, baths, and sale history.
What are the property facts for 125 Lakewood Dr?
125 Lakewood Dr is a 5 bed, 3 bath, 2,820 sqft, 19,166 sqft lot single_family.
Is 125 Lakewood Dr a flip candidate?
No — 125 Lakewood Dr does not appear in our flips dataset.
Is 125 Lakewood Dr a tax-appeal candidate?
No — 125 Lakewood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.5%
2026 Q3
$195.8K
2026 Q4
$195.6K
ZIP 49601 — Median Price History + Forecast

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