NOT LISTED FOR SALE

5327 E Martin Lake Dr Gaylord, MI 49735

Estimated Value: $390,000 - $435,000

3 Beds
3 Baths
3,000 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $216,000 $72 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,363/month

Highlights

  • 100 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Snowmobile Trail
  • Deck
  • First Floor Utility Room
  • Thermal Windows

About This Home

As of July 2020

Beautiful ranch home with huge kitchen, open floor plan, master suite, main floor laundry, extensive deck looking over large acre lot. Full, finished walkout basement with bar area, pool table and non conforming 4th bedroom.

Last Agent to Sell the Property

Lisa Ferguson

Coldwell Banker Schmidt - Boyne City License #6501417009 Listed on: 06/11/2020

Coldwell Banker Schmidt - Boyne City

Last Buyer's Agent

Lisa Ferguson

Coldwell Banker Schmidt - Boyne City License #6501417009 Listed on: 06/11/2020

Coldwell Banker Schmidt - Boyne City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 1998

Lot Details

  • 100 Feet of Waterfront
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Dryer

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 061-220-000-012-00 & 061

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1998
  • Lvt Date: 07/14/2020
  • Measurement Source: Assessor
  • Section: 27
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Range, Refrigerator, Sprinkler System, Near Snowmobile Trails, Paved Road
  • Total Finished Sq Ft: 3000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Lower
  • Total Rooms: 11
  • Basement: Full, Walkout, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1500
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: Lower full bath, On Level: Lower
  • Rooms 2: Dimensions: Bar, On Level: Lower
  • Windows: Thermo, Insulated, Vinyl, Double

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Access
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Gaylord

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 061-220-000-012-00 & 061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Keller Christl and Keller James V
Bought by
Borowiak Daniel
Current Estimated Value
$414,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,918
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2014
Bought by
Keller James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Hunt Garry L and Hunt Jennifer K
Bought by
Green Patti Jo
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
Borowiak Daniel $142,500 Fidelity National Title Comp
Keller James $100,000 --
Green Patti Jo $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gee James E $207,000
Closed Borowiak Daniel $139,918
Previous Owner Keller James $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $216,000 -1.8% $72 / Sq Ft
06/11/2020 06/11/20 For Sale $220,000 -- $73 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
Source: Northern Michigan 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 $1,288 $182,400 $0 $0
2024 $1,288 $158,600 $0 $0
2023 $2,500 $128,100 $0 $0
2022 $2,381 $114,000 $0 $0
2021 $2,356 $109,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Ferguson

    Coldwell Banker Schmidt - Boyne City

    (231) 675-9149

    97 Total Sales

    Lisa Ferguson
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Map

Source: Northern Michigan MLS

MLS Number: 462534

Northern Michigan MLS

APN: 061-220-000-009-05

Michigan Otsego County Gaylord 49735

5327 E Martin Lake Dr, Gaylord, MI

This home is located at 5327 E Martin Lake Dr, Gaylord, MI 49735 since 11 June 2020 and is currently estimated at $414,878, approximately $138 per square foot. This property was built in 1998. 5327 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.

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 Michigan MLS 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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