NOT LISTED FOR SALE

5380 W Houghton Lake Dr Unit 2 Houghton Lake, MI 48629

Estimated Value: $176,537 - $231,000

2 Beds
1 Bath
660 Sq Ft
$50/mo HOA Fee

Last Sold September 04, 2020

Last sale price $123,000 $186 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,400/month

784 Days on Market

Highlights

  • Waterfront
  • Wood Siding
  • Maintained Community
  • Ranch Style House

About This Home

As of September 2020

Hard to find Condo on Houghton Lake with 100 ft of beautiful water front with sandy beach (no seawall which is rare to find) this is the largest inland lake & is an all sports lake, you also have docking for your boat. The common area offers a fire pit, swings, kids play set, picnic tables, fish cleaning cabin & the sandy beach. Condo fees are only $350/year & includes grass cutting, snow removal, sewer, exterior electrical and putting the docks in & out. No work needed. Have it all lake property & be near restaurants, golf course, stores, theater etc. MUST SEE!

Last Agent to Sell the Property

Erika Fowler

Real Estate 4U - Lambertville License #MCAR-6504242728 Listed on: 07/12/2018

Last Buyer's Agent

Dan Rahal

Empire Realty Group License #RCO-6501399189

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,646

Lot Details

  • Waterfront

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 660 Sq Ft Home
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance, snow removal, trash removal, water
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 011-316-002-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,646

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 9999
  • Mail City: Houghton Lake
  • Unit Number Building Number: Unit 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 9 x 10
  • Bedroom 2: On Main Floor, Dimensions: 9 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Kitchen: On Main Floor, Dimensions: 7 x 8
  • Living Room: On Main Floor, Dimensions: 13 x 15
  • Above Grade Finished Sq Ft: 660
  • Total Finished Sq Ft: 660

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl
  • Water Features: Lake Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash Removal, Water
  • HOA Fees: 50
  • HOA Fee Frequency: Monthly
  • Community Features: Grounds Maintenance
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 011-316-002-0000
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $370.00
  • Winter Tax: Year: 2018, Amount: $1,276.00

MLS Schools

  • School District: Houghton Lake Comm Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Sep 4, 2020
Sold by
Faust Jeffrey S and Faust Anita I
Bought by
Rahal Daniel
Seller's Agent
Erika Fowler
Real Estate 4U - Lambertville
Buyer's Agent
Dan Rahal
Empire Realty Group
List Price
$115,000
Sold Price
$123,000
Premium/Discount to List
$8,000
6.96%
Current Estimated Value
$204,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,884
Avg. Annual Appreciation
10.86%
Original Mortgage
$116,850
Outstanding Balance
$104,351
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$100,533
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
Rahal Daniel $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahal Daniel $116,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $123,000 -1.6% $186 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $125,000 +8.7% $189 / Sq Ft
04/28/2019 04/28/19 For Sale $115,000 -6.5% $174 / Sq Ft
09/30/2018 09/30/18 Off Market $123,000 -- --
07/12/2018 07/12/18 For Sale $115,000 -- $174 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,794 $76,900 $0 $0
2024 $500 $60,400 $0 $0
2023 $479 $60,400 $0 $0
2022 $1,829 $49,100 $0 $0
2021 $1,316 $43,600 $0 $0
2020 $1,562 $44,200 $0 $0
2019 $1,433 $36,000 $0 $0
2018 $1,374 $33,900 $0 $0
2016 $1,314 $28,700 $0 $0
2015 -- $34,100 $0 $0
2014 -- $34,000 $0 $0
2013 -- $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21473927

Michigan Multiple Listing Service

APN: 011-316-002-0000