NOT LISTED FOR SALE

1941 5 Lakes Rd Gaylord, MI 49735

Estimated Value: $152,675 - $170,000

2 Beds
1 Bath
576 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $99,000 $172 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $922/month

19 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Seasonal View
  • Deeded Waterfront Access Rights
  • Wood Burning Stove
  • Vaulted Ceiling

About This Home

As of October 2020

Waterfront in Gaylord! 55 feet of frontage on lovely no-wake Five lakes. This charming 2 bedroom 1 bath cottage situated on Lake number #3 of 5 Lakes, is being sold with all furnishings including dock and two canoes. Cottage was used as a vacation rental and has documented rental income available upon request. New water heater, well and roof in 2019. Secluded feel but only minutes to downtown Gaylord with several restaurants and stores to choose from. Cottage was not rented in winter months, however there is a gas wall furnace for heat as well as a wood burning fireplace. Keep just for you and your family to enjoy or rent out for extra income. Limited viewing times and dates as cabin is fully rented through October 2020. Seller is licensed Real Estate agent in the State of Michigan.

Last Agent to Sell the Property

Angela Whitinger

Keller Williams Northern Michi License #6501422887 Listed on: 09/10/2020

Keller Williams Northern Michi

Last Buyer's Agent

Angela Whitinger

Keller Williams Northern Michi License #6501422887 Listed on: 09/10/2020

Keller Williams Northern Michi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 44x139x55x105
  • Private Waterfront
  • 55 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Private Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Drapes & Rods
  • Seasonal Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Private Dock
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Satellite Dish
  • TV Antenna

Community Details

  • Five Lakes Association Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$549

Year Built

Built in 1950

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 29
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry, Low Threshold Shower
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Beamed Ceilings, Vaulted Ceilings, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 8x7
  • Bedroom 2: Dimensions: 8x7
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 13x8
  • Living Room: Dimensions: 17x12
  • Estimated Above Ground Finished Sq Ft: 576
  • Price Per Sq Ft: 171.88
  • Range: R 3W
  • Total Finished Sf Apx: 576

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Five Lakes
  • Exterior Features: Patio, Seasonal View, Gutters
  • Exterior Finish: Wood, Log Siding
  • Foundation: Slab
  • Number Of Acres: 0.14
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Private Dock, No Wake
  • Waterfront Frontage: 55

Garage/Parking

  • Driveway: Dirt, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Wall
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna, Dish TV, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 25
  • Association Fees: Annual

Association/Amenities

  • Development Name: Five Lakes Association

Schools

  • School District: Gaylord Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 44x139x55x105
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 490
  • Winter Taxes: 460
  • Year Summer: 2020
  • Year Winter: 2019

MLS Schools

  • School District: Gaylord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 22, 2020
Sold by
Whitinger Georege T
Bought by
Keeler Cindy
Seller's Agent
Angela Whitinger
Keller Williams Northern Michi
Buyer's Agent
Angela Whitinger
Keller Williams Northern Michi
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%
Current Estimated Value
$160,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,419
Avg. Annual Appreciation
10.53%

Purchase Details

Listed on
Nov 8, 2017
Closed on
Nov 13, 2018
Sold by
Erica Silvers
Bought by
Whitinger Georege T and Whitinger Angela R
Seller's Agent
Todd Chamberlain
Alpine Realty Group-Gaylord
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.21%
Original Mortgage
$40,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 12, 2016
Closed on
Apr 26, 2017
Sold by
Lindeman William John
Bought by
Silvers Erica
Seller's Agent
Mike Perdue
smith realty GROUP
Buyer's Agent
Todd Chamberlain
Alpine Realty Group-Gaylord
Sold Price
$77,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.63%

Purchase Details

Closed on
Jan 7, 2008
Sold by
Babala Michael L and Babala Jane C
Bought by
Babala Michael L and Babala Jane C

Purchase Details

Closed on
Jan 9, 2004
Sold by
Babala Jane and Babala Michael L
Bought by
Babala Jane and Babala Michael L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Keeler Cindy $99,000 --
Whitinger Georege T $50,000 --
Silvers Erica $77,500 Alpine Title & Escrow
Babala Michael L -- --
Babala Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitinger Georege T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $99,000 -0.9% $172 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $99,900 +99.8% $173 / Sq Ft
11/13/2018 11/13/18 Sold $50,000 -35.5% $87 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
04/26/2017 04/26/17 Sold $77,500 -- $135 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
Source: Northern Great Lakes REALTORS® MLS

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 $549 $36,500 $0 $0
2024 $549 $34,100 $0 $0
2023 $955 $27,000 $0 $0
2022 $910 $27,000 $0 $0
2021 $893 $23,100 $0 $0
2020 $944 $23,000 $0 $0
2019 $934 $22,300 $0 $0
2018 -- $23,200 $23,200 $0
2017 -- $23,200 $0 $0
2016 -- $23,600 $0 $0
2013 -- $22,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Angela Whitinger

    Keller Williams Northern Michi

    Section Image

  • T

    Seller's Agent in 2018

    Todd Chamberlain

    Alpine Realty Group-Gaylord

    Section Image

  • N

    Buyer's Agent in 2018

    NON-MEMBER MLS

    MLS NON-MEMBER

  • M

    Seller's Agent in 2017

    Mike Perdue

    smith realty GROUP

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1879807

Northern Great Lakes REALTORS® MLS

APN: 081-150-005-002-00

Michigan Otsego County Gaylord 49735

1941 5 Lakes Rd, Gaylord, MI

This home is located at 1941 5 Lakes Rd, Gaylord, MI 49735 since 10 September 2020 and is currently estimated at $160,419, approximately $278 per square foot. This property was built in 1950. 1941 5 Lakes Rd is a home located in Otsego County with nearby schools including North Ohio Elementary School, Gaylord Intermediate School, and Gaylord Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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