NOT LISTED FOR SALE

5282 E Martin Lake Dr Gaylord, MI 49735

Estimated Value: $316,864 - $435,000

2 Beds
1.5 Baths
2,300 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $140,000 $61 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,939/month

178 Days on Market

Highlights

  • Waterfront
  • Deck
  • Main Floor Bedroom
  • Chalet
  • Wood Burning Stove
  • Mud Room

About This Home

As of May 2013

MARTIN LAKE GEM - Candlelight and comfort on the large deck or in the living room watching the sun go down. This approx. 2000 sq. ft. chalet plus finished lower level sits on 2 large shaded lots with 166'of frontage on quiet Martin Lake. Extras include an open kitchen, wood burning stove in a spacious living room, wet bar and a finished lower level family room. Don't wait!! Call for more details!! Offered at $142,900.

Last Agent to Sell the Property

Peter Whyte

Forman Real Estate License #6506036642 Listed on: 11/06/2012

Last Buyer's Agent

Ellie McGovern

Forman Real Estate License #6501253699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $769

Lot Details

  • 1.56

Home Design

  • Chalet
  • Frame Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Wood Burning Stove
  • Mud Room
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Crawl Space
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Septic System

Additional Features

  • Deck
  • Waterfront
  • Outside City Limits

Home Details

Home Type

Single Family

Est. Annual Taxes

$769

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 2300.00
  • Home Age: Unknown
  • Directions: West from Gaylord on M-32 approx. 7 miles to Huxtable Rd. then left to Martin Lake. Property on right.
  • Garage Yn: No
  • Lot Size: 166'x407'x166'x404' +/-
  • Open House Office I D: 20060412172534303837000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Chalet
  • Total Bedrooms: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • AppliancesAndEquipmt: Blinds, Dishwasher, Drapes, Range/Oven, Refrigerator
  • Barrier Free: No
  • BasementSpecifics: Part/Finished
  • BasementSpecificsBasementSize: 550 sq. ft. +/-
  • Lower Floor 1 Half Bathrooms: 1
  • In City Limits: No
  • Interior Amenities: Wood Stove
  • Laundry: Main Level
  • Other Rooms: Family Room, Master Suite, Mud Room
  • Family Room Level: lower
  • Total Bathrooms: 3.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck, Natural
  • Foundation: Basement, Crawl
  • Road: Gravel, Maintained
  • Waterfront: Contiguous

Garage/Parking

  • Garage Type: None

Utilities

  • Heating Air: Baseboard, Electric, Wood
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Gaylord
  • School District: Gaylord
  • Elem School Dist Number: 5282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
May 3, 2013
Sold by
Hartley Terry L and Hartley Kay
Bought by
Allison Philip
Seller's Agent
Peter Whyte
Forman Real Estate
Buyer's Agent
Ellie McGovern
Forman Real Estate
Sold Price
$140,000
Current Estimated Value
$351,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,966
Avg. Annual Appreciation
7.69%
Original Mortgage
$112,000
Outstanding Balance
$79,777
Interest Rate
3.52%
Estimated Equity
$270,713

Purchase Details

Listed on
Nov 6, 2012
Closed on
Mar 27, 2013
Sold by
Hartley Terry L and Neverth Jill An
Bought by
Hartley Terry L and Hartley Kay F
Seller's Agent
Peter Whyte
Forman Real Estate
Buyer's Agent
Ellie McGovern
Forman Real Estate
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$79,777
Interest Rate
3.52%
Estimated Equity
$270,713

Purchase Details

Closed on
Jun 25, 2007
Sold by
Hartley Lynn H
Bought by
Hartley Terry L and Neverth Jill Ann

Purchase Details

Closed on
Jan 7, 2005
Sold by
Conway Joseph G
Bought by
Hartley Terry L and Hartley Lynn H
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
Allison Philip $140,000 Alpine Title & Escrow
Hartley Terry L -- --
Hartley Terry L -- --
Hartley Terry L $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Philip $112,000
Closed Hartley Terry L $112,000
Previous Owner Hartley Terry L $146,500
Previous Owner Hartley Terry L $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $140,000 -- $61 / Sq Ft
Source: Water Wonderland 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 $769 $141,300 $0 $0
2024 $769 $115,700 $0 $0
2023 $1,493 $94,800 $0 $0
2022 $1,422 $82,100 $0 $0
2021 $1,407 $73,700 $0 $0
2020 $1,573 $68,000 $0 $0
2019 $2,719 $67,300 $0 $0
2018 -- $66,100 $66,100 $0
2017 -- $65,700 $0 $0
2016 -- $66,700 $0 $0
2013 -- $61,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Peter Whyte

    Forman Real Estate

    (989) 350-1553

    17 Total Sales

    Peter Whyte
    Section Image

  • E

    Buyer's Agent in 2013

    Ellie McGovern

    Forman Real Estate

    (989) 858-1433

    35 Total Sales

    Ellie McGovern
    Section Image
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 281871

Water Wonderland Board of REALTORS®

APN: 061-220-000-001-00

Michigan Otsego County Gaylord 49735

5282 E Martin Lake Dr, Gaylord, MI

This home is located at 5282 E Martin Lake Dr, Gaylord, MI 49735 since 06 November 2012 and is currently estimated at $351,966, approximately $153 per square foot. 5282 E Martin Lake Dr is a home located in Otsego County with nearby schools including North Ohio Elementary School, Gaylord Intermediate School, and Gaylord Middle School.

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