NOT LISTED FOR SALE

1403 Log Cabin Ln Gaylord, MI 49735

Estimated Value: $211,000 - $275,992

3 Beds
1 Bath
950 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $130,000 $137 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,647/month

Highlights

  • Wood Burning Stove
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Shed
  • Heated Garage

About This Home

As of June 2018

This Rustic Log Cabin is comforting from the minute you walk in the front door. Windows surround the entire living room, kitchen, and dining area which are all combined, providing for great views of the sunset and sunrise. There are 2 bedrooms and a bath on the main floor as well. There is a loft area with a large bedroom upstairs. The two car garage is detached. Sit and enjoy a bonfire at the fire pit just off the large patio on the lake side of the cabin. Enjoy the all sports Otsego Lake and the great fishing it provides via your deeded access which is only 150 yards or so from your front door. The area is full of many activities, from snowmobiling, skiing, boating, fishing, and golfing to name a few. To the shopping enthusiasts, Gaylord offers many options for shopping. This little piece of heaven is just the perfect place to get away to relax. You absolutely must see it to truly appreciate all it provides.

Last Agent to Sell the Property

Pamela Smith

Keller Williams First License #FAAR-125411 Listed on: 05/21/2018

Last Buyer's Agent

Pamela Smith

Keller Williams First License #FAAR-125411 Listed on: 05/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $801

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 77x105x298x30x219

Home Design

  • Slab Foundation

Interior Spaces

  • 950 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 69-010-020-400-140-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$801

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1955
  • Mail City: Gaylord
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 20 x 10
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Entry Level, Dimensions: 15 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Entry Level, Dimensions: 15 x 9
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 2: On Level: Entry
  • Kitchen: On Entry Level
  • Living Room: Dimensions: 20 x 20
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 950

Exterior Features

  • Exterior: Log
  • Foundation: Slab
  • Frontage: 77
  • Lake Name: DEEDED ACCESS TO OTSEGO L
  • Road: Gravel
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Heated Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Wall/Window A/C, Window Unit(s)

Lot Info

  • Assessor Parcel Number: 69-010-020-400-140-00
  • Lot Dimensions: 77x105x298x30x219
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $383.52
  • Winter Tax: Amount: $417.12

MLS Schools

  • School District: Gaylord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2019
Sold by
Ome Properties Llc
Bought by
Merkle Brian and Merkle Tammy
Current Estimated Value
$262,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$72,255
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$179,493

Purchase Details

Listed on
Mar 30, 2017
Closed on
Mar 24, 2017
Sold by
Peterson Leif E and Peterson Leslie A G
Bought by
Smith Pamela Sue
Seller's Agent
Sheri Kimberly
COLDWELL BANKER SCHMIDT GAYLORD
Buyer's Agent
Sheri Kimberly
COLDWELL BANKER SCHMIDT GAYLORD
Sold Price
$114,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$102,600
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2007
Sold by
Watler Bernard R and Watler Karen M
Bought by
Peterson Leif E and Peterson Leslie A G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,840
Interest Rate
6.33%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merkle Brian -- --
Smith Pamela Sue $114,000 Alpine Title & Escrow
Peterson Leif E $107,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkle Brian $82,500
Previous Owner Smith Pamela Sue $102,600
Previous Owner Peterson Leif E $85,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2018 06/22/18 Sold $130,000 0.0% $137 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $130,000 +14.0% $137 / Sq Ft
03/24/2017 03/24/17 Sold $114,000 -- $127 / Sq Ft View Prior Sale
02/24/2017 02/24/17 Pending -- -- --
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,216 $117,100 $0 $0
2024 $1,765 $108,600 $0 $0
2023 $3,000 $110,500 $0 $0
2022 $2,857 $89,500 $0 $0
2021 $1,482 $82,900 $0 $0
2020 $2,976 $74,000 $0 $0
2019 $2,580 $63,600 $0 $0
2018 -- $54,800 $54,800 $0
2017 -- $22,100 $0 $0
2016 -- $23,700 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 100002196

Michigan Multiple Listing Service

APN: 010-020-400-140-00