NOT LISTED FOR SALE

5376 E Martin Lake Dr Gaylord, MI 49735

Estimated Value: $217,000 - $260,000

3 Beds
2 Baths
1,350 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $235,000 $174 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,354/month

Highlights

  • 50 Feet of Waterfront
  • Living Room
  • Dining Room
  • Main Floor Primary Bedroom

About This Home

As of September 2023

This updated cottage is on Tranquil Martin Lake near Gaylord Country Club, Gaylord and Boyne Mountain with a short drive to I-75. The home offers 3 bedrooms and open loft sleeping, two full baths and is being mostly furnished. Martin Lake is perfect for Kayaking fishing or just enjoying sunsets.

Last Agent to Sell the Property

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 07/23/2023

Last Buyer's Agent

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 07/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $678

Lot Details

  • 50 Feet of Waterfront

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

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

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 061-220-000-019-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$678

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/23/2023
  • Section: 27
  • Second Address Number: 5376
  • Directions: M-32 West to E Martin Lake Road
  • Price per Sq Ft: 174.07
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1350
  • Master Bedroom: Dimensions: 13'9x9'6, On Level: Main
  • Bedroom 2: Dimensions: 13'6x9'3, On Level: Main
  • Bedroom 3: Dimensions: 13'6x10, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: Dimensions: 9x7'10, On Level: Main
  • Kitchen: Dimensions: 11x7'10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 23'7x11'9, On Level: Main
  • Above Grade Finished Sq Ft: 1350
  • Bathroom 1: Dimensions: 7x6, On Level: Main
  • Bathroom 2: Dimensions: 7'6x6, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 13'6x113, On Level: Upper
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 50
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Gaylord
  • School District: Gaylord

Lot Info

  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 061-220-000-019-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Mlho Llc
Bought by
Hoeh Douglas
Current Estimated Value
$243,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,504
Outstanding Balance
$245,179
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$1,682

Purchase Details

Listed on
Jul 23, 2023
Closed on
Sep 6, 2023
Sold by
Beauchamp
Bought by
Mlho Llc
Seller's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Views
421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$350,000
Interest Rate
6.96%
Mortgage Type
Mortgage Modification
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
Mlho Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mlho Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $235,000 -11.3% $174 / Sq Ft
07/23/2023 07/23/23 For Sale $265,000 -- $196 / Sq Ft
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 $678 $81,800 $0 $0
2024 $678 $75,900 $0 $0
2023 $1,333 $58,000 $0 $0
2022 $1,270 $52,800 $0 $0
2021 $1,246 $48,600 $0 $0
2020 $1,318 $44,700 $0 $0
2019 $1,304 $43,700 $0 $0
2018 -- $39,700 $39,700 $0
2017 -- $39,400 $0 $0
2016 -- $40,200 $0 $0
2013 -- $36,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Ames

    Seller's Agent in 2023

    Ken Ames

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-7909

    72 Total Sales

    Ken Ames
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Map

Source: Northern Michigan MLS

MLS Number: 471734

Northern Michigan MLS

APN: 061-220-000-019-00

Michigan Otsego County Gaylord 49735

5376 E Martin Lake Dr, Gaylord, MI

This home is located at 5376 E Martin Lake Dr, Gaylord, MI 49735 since 23 July 2023 and is currently estimated at $243,497, approximately $180 per square foot. 5376 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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