NOT LISTED FOR SALE

404 Silver Lake Dr Lake, MI 48632

Estimated Value: $96,000 - $111,000

2 Beds
1 Bath
950 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $65,000 $68 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $652/month

139 Days on Market

Highlights

  • Ranch Style House
  • Community Playground
  • Space Heater
  • Patio
  • Park
  • Carpet

About This Home

As of November 2021

Adorable cabin with access to Silver Lake. If you are looking for a place to enjoy the many "up north" activities, this is it! This cabin has been well maintained with several new windows, new roof in 2014, new gutters and other improvements. Set on a double lot that offers a shaded, park-like atmosphere. Extra drive for guest parking. Room for all of your toys! The interior features two nice sized bedrooms and a large great room. The entry/enclosed porch is a great place to relax. This location is fantastic for being close to hunting, trail riding, snowmobiling, skiing, golf and the many great things Pure Michigan has to offer.

Last Agent to Sell the Property

Lisa Welke

REAL ESTATE ONE - GLADWIN License #CGBOR Listed on: 05/17/2021

Last Buyer's Agent

Brianna Ranck

REISS REAL ESTATE INC. License #CGBOR-6506048861

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 8,712

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 950 Sq Ft Home
  • Entryway
  • Carpet

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Patio
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 010-420-018-00

Community Details

Overview

  • Property has a Home Owners Association
  • Pinora Park Suprvrs Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 839
  • Year Built: 1950
  • Mail City: Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 10 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 13 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 6 x 5, On Level: Main
  • Room Types: Entry, Pantry
  • Great Room: On Main Floor, Dimensions: 20 x 17
  • Great Room Floor Covering: Carpet
  • Sun Room: On Main Floor, Dimensions: 18 x 6
  • Above Grade Finished Sq Ft: 950
  • Total Finished Sq Ft: 950

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Patio
  • Foundation: Slab

Garage/Parking

  • Garage: No

Utilities

  • Heating: Space Heater
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Optional
  • Community Features: Park, Playground
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 010-420-018-00
  • Lot Dimensions: 8712
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $167.00
  • Winter Tax: Year: 2020, Amount: $671.00
  • Taxable Value: 15488
  • Total Tax: Amount: $839.00
  • SEV Year: 2020

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Nov 19, 2021
Sold by
Smith Lony L
Bought by
Rachel Kay
Seller's Agent
Lisa Welke
REAL ESTATE ONE - GLADWIN
Buyer's Agent
Brianna Ranck
REISS REAL ESTATE INC.
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$103,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,722
Avg. Annual Appreciation
12.28%
Source: Public Records

Range of Values:

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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
Rachel Kay $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $65,000 0.0% $68 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/25/2021 09/25/21 Price Changed $65,000 -7.0% $68 / Sq Ft
09/16/2021 09/16/21 For Sale $69,900 0.0% $74 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/24/2021 07/24/21 Price Changed $69,900 -11.4% $74 / Sq Ft
07/02/2021 07/02/21 Price Changed $78,900 -1.3% $83 / Sq Ft
05/24/2021 05/24/21 Price Changed $79,900 -11.1% $84 / Sq Ft
05/17/2021 05/17/21 For Sale $89,900 -- $95 / 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 $1,056 $54,700 $19,200 $35,500
2024 $359 $40,800 $12,300 $28,500
2023 $300 $38,600 $7,600 $31,000
2022 $897 $27,800 $6,000 $21,800
2021 $855 $20,300 $0 $0
2020 $839 $18,000 $0 $0
2019 $788 $15,200 $0 $0
2018 $789 $15,700 $0 $0
2017 $160 $16,600 $0 $0
2016 $159 $16,600 $0 $0
2015 -- $16,400 $0 $0
2014 -- $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Welke

    REAL ESTATE ONE - GLADWIN

  • B

    Buyer's Agent in 2021

    Brianna Ranck

    REISS REAL ESTATE INC.

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50042099

Clare Gladwin Board of REALTORS®

APN: 010-420-018-00

Michigan Clare County Lake City 48632

404 Silver Lake Dr, Lake City, MI

This home is located at 404 Silver Lake Dr, Lake, MI 48632 since 17 May 2021 and is currently estimated at $103,722, approximately $109 per square foot. This property was built in 1950. 404 Silver Lake Dr is a home located in Clare County with nearby schools including Farwell High 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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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