NOT LISTED FOR SALE

312 Arbor Rd Lake, MI 48632

Estimated Value: $132,000 - $164,000

2 Beds
1 Bath
1,022 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $128,000 $125 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $931/month

5 Days on Market

Highlights

  • Access To Lake
  • 1-Story Property
  • Ceiling Fan
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Adorable, turn key cottage/year around home at Lake George. Featuring two bedrooms plus a loft area for overflow sleeping for guests or children. This property has been used as a successful short term rental and would be an ideal and affordable way to enjoy all the activities of Northern Michigan. Numerous lake access point are available to off water owners and the public boat launch is a short two minute drive. Snowmobile and SxS trails, skiing and golf at Snow Snake are all a short distance away. This home is being offered fully furnished with all kitchen equipment, linens, appliances included. Turn the key and start enjoying or continue to use as a short term rental and enjoy the extra income. Recent improvements include a new roof, new furnace, new deck on the rear, and central air.

Last Agent to Sell the Property

Timothy Oatman

Century 21 Signature - Clare License #CGBOR-6501330090 Listed on: 09/29/2023

Century 21 Signature - Clare

Last Buyer's Agent

Kathryn Malone

Agent History License #GRAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • 48 Ft Wide Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Bearly Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010-100-027-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Total Tax Amount: 1279
  • Year Built: 1955
  • Mail City: Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 15 x 11
  • Bedroom 2: Dimensions: 15 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Above Grade Finished Sq Ft: 1022
  • Total Finished Sq Ft: 1022

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 48
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake/River Access

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 010-100-027-01
  • Lot Dimensions: 7946
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $267.00
  • Winter Tax: Year: 2022, Amount: $1,012.00
  • Taxable Value: 55300
  • Total Tax: Amount: $1,279.00
  • SEV Year: 2023

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 20, 2024
Sold by
Earhart Brian
Bought by
Navarro Tammy M
Seller's Agent
Timothy Oatman
Century 21 Signature - Clare
Buyer's Agent
Kathryn Malone
Agent History
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%
Views
207
Current Estimated Value
$144,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,529
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
May 16, 2022
Sold by
Frantz Kenneth P
Bought by
Earhart Brian and Earhart Jennifer
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
Navarro Tammy M $128,000 --
Earhart Brian $106,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $128,000 -8.5% $125 / Sq Ft
11/02/2023 11/02/23 For Sale $139,900 0.0% $137 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $139,900 -- $137 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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 $1,719 $73,800 $3,400 $70,400
2024 $625 $59,900 $1,800 $58,100
2023 $267 $55,300 $1,900 $53,400
2022 $1,279 $24,700 $1,200 $23,500
2021 $845 $23,100 $0 $0
2020 $828 $21,500 $0 $0
2019 $779 $19,300 $0 $0
2018 $768 $16,500 $0 $0
2017 $155 $17,400 $0 $0
2016 $153 $16,400 $0 $0
2015 -- $16,100 $0 $0
2014 -- $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50123560

Clare Gladwin Board of REALTORS®

APN: 010-100-027-01