Photo 1 of 8743 Cedar CT 1 # 3
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Active · MLS #20261085845
$399,000 3 bd3 ba2,886 sqft

8743 Cedar CT 1 # 3, Springfield Township, MI 48348

Est. $3,332/mo with current taxes · · See the breakdown

TypeCondominium
Built1992
Garage2 spaces
Price/sqft$138
On market7 days
HOA$400/mo

About this home

*****ISSUE WITH MAKING ON-LINE APPOINTMENTS THROUGH SHOWING DESK - SYSTEM IS EXPERIENCING OUTAGE**** PLEASE CALL SHOWING DESK OR LISTING AGENT FOR APPOINTMENT. Escape to a sanctuary of peace and privacy in this amazing ranch condominium featuring 3 bedrooms, 3 bathrooms, spacious kitchen and open floor plan. Set within an exclusive collection of only 11 units, this home offers a rare level of seclusion and tranquility on private, electric motor only Softwater Lake, ensuring the water remains as serene as the surrounding landscape. Outdoor living is the centerpiece of this property - massive, full-length deck sits just feet from the waterfront - the perfect vantage point for morning coffee or sunsets on the lake. Finished lower level offers additional living space and its own private deck, creating a second secluded spot for relaxation.

Monthly payment

$3,332per month
Principal & interest$2,270
Property tax, current$298
Homeowners insurance$200
Mortgage insurance (PMI)$165
HOA dues$400

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$399,000
Beds3
Baths3 full
Square feet2,886
TypeCondominium
SubdivisionLAKE FRONT MANOR CONDO OCCPN 773
CountyOakland
MLS #20261085845
Listed2026-10-26
Days on market7
Year built1992
PossessionAt closing
Stories1 story, ground floor
BasementBath stubbed, Finished, Full, Interior entry, Walkout
HeatingForced air, Natural gas
FoundationBasement, Poured
Garage spaces2.0
Water / SewerCommunity / City sewer
WaterfrontSoftwater
FireplaceYes
Parcel number0724104003
Listing officeNational Realty Centers, Inc

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$88,390about $199,500
Yearly property tax$3,570about $7,343

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $3,773 a year more than this seller pays. The assessor's state equalized value (SEV) is $195,800. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Springfield Township's 2025 homestead rate of 36.81 mills and assumes you claim the homestead exemption. See Springfield Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.

$399,000Est. $3,332/mo
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