NOT LISTED FOR SALE

2040 S Main St Central Lake, MI 49622

Estimated Value: $191,000 - $263,000

3 Beds
1 Bath
1,640 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $187,500 $114 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,420/month

19 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Level Lot
  • Farmhouse Style Home
  • Walk-In Closet
  • Gas Fireplace

About This Home

As of August 2024

This totally and tastefully remodeled Central Lake Village home is a dollhouse and a must see to be appreciated. Top to bottom restorations include drywall, flooring, full kitchen remodel including all new kitchen appliances and cabinets, new doors and windows, modern multi unit mini split system providing heat and air conditioning plus freestanding gas fireplace stove, total new bath remodel, professionally shored up and encapsulated Michigan basement foundation with warranty and much more. Other features include detached garage, spacious open backyard, newer roof and all within walking distance of downtown stores and restaurants as well as public beach side park on beautiful Intermediate Lake!

Last Agent to Sell the Property

Walt Mann

REO-TCBellaire-233025 License #6501272510 Listed on: 06/30/2024

REO-TCBellaire-233025

Last Buyer's Agent

Deborah Alexander

Alexander North Properties License #6502433237

Alexander North Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Farmhouse Style Home
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Michigan Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Cable TV Available

Community Details

  • Village Central Lake Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,122

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Farm House
  • Estimated Year Built: 1940
  • Construction: Frame
  • Section Number: 23
  • Year Updated: 2024
  • Year Renovated: 2024
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Walk-In Closet(s), Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x16, On Level: Main Floor
  • Bedroom 2: Dimensions: 12x16, On Level: Upper Floor
  • Bedroom 3: Dimensions: 16x14, On Level: Upper Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 20x16, On Level: Main Floor
  • Living Room: Dimensions: 18x14, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1640
  • Estimated Below Grade Unfinished Sq Ft: 600
  • Price Per Sq Ft: 114.33
  • Range: R 8W
  • Total Finished Sf Apx: 1640

Exterior Features

  • Exterior Finish: Vinyl
  • Foundation: Michigan Basement
  • Number Of Acres: 0.18
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Gas, Stove
  • Heating Cooling Types: Ductless A/C
  • Laundry: Dimensions: 11x7, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Village Central Lake

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Land Features: Level
  • Lot Dimensions: 60x130
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Aug 23, 2024
Sold by
Folger Craig D and Folger Kelsey L
Bought by
Mcmichael James C
Seller's Agent
Walt Mann
REO-TCBellaire-233025
Buyer's Agent
Deborah Alexander
Alexander North Properties
List Price
$199,000
Sold Price
$187,500
Premium/Discount to List
-$11,500
-5.78%
Views
48
Current Estimated Value
$218,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,517
Avg. Annual Appreciation
14.28%
Original Mortgage
$193,687
Outstanding Balance
$191,335
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$26,682

Purchase Details

Closed on
Apr 23, 2015
Sold by
Clark Fredia
Bought by
Clark David N

Purchase Details

Closed on
Feb 21, 1995
Bought by
Clark David N and Clark Frieda A
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
Mcmichael James C $187,500 Corporate Settlement Solutions
Clark David N -- None Available
Clark David N $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmichael James C $193,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $187,500 -3.4% $114 / Sq Ft
07/12/2024 07/12/24 Price Changed $194,000 -2.5% $118 / Sq Ft
06/30/2024 06/30/24 For Sale $199,000 +188.4% $121 / Sq Ft
11/09/2023 11/09/23 Sold $69,000 -4.8% $42 / Sq Ft View Prior Sale
10/16/2023 10/16/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $72,500 -27.4% $44 / Sq Ft
09/12/2023 09/12/23 Price Changed $99,900 -11.2% $61 / Sq Ft
08/29/2023 08/29/23 Price Changed $112,500 -9.9% $69 / Sq Ft
08/19/2023 08/19/23 For Sale $124,900 -- $76 / Sq Ft
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 $3,122 $57,600 $0 $0
2024 $24 $53,800 $0 $0
2023 $461 $57,700 $0 $0
2022 $394 $37,300 $0 $0
2021 $373 $34,700 $0 $0
2020 $365 $36,900 $0 $0
2019 $353 $26,300 $0 $0
2018 $522 $22,900 $0 $0
2017 $496 $22,900 $0 $0
2016 $287 $22,300 $0 $0
2015 -- $13,000 $0 $0
2014 -- $11,700 $0 $0
2013 -- $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1924146

Northern Great Lakes REALTORS® MLS

APN: 05-42-130-004-00