NOT LISTED FOR SALE

5400 W Houghton Lake Dr Houghton Lake, MI 48629

Estimated Value: $553,000 - $652,000

4 Beds
3 Baths
2,860 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $540,000 $189 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,055/month

31 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • No HOA
  • Deck
  • Wood Flooring
  • First Floor Utility Room

About This Home

As of April 2023

Fantastic Lakefront perfect for vacation rental up north!! Unobstructed views of Michigan's largest inland lake- Houghton Lake!! Sitting on a bluff with a walkout basement, this beauty is super cool for entertaining guests. Large concrete area with hot tub and expansive deck area to enjoy drinks and dinner while watching the sunsets. This unique vibe in this lakefront spacious home could be yours to do just about anything!! This location would be great for signage too for a vacation rental. Located next to a really nice resort, get your creative juices flowing on this one!!

Last Agent to Sell the Property

Angela Farrington

KW Northern Michigan Team Partners Brokerage Phone: 989-745-6722 License #6502432757 Listed on: 03/24/2023

KW Northern Michigan Team Partners

Co-Listed By

Midge Rutter

Midge & Co-Luxury Lakefront Homes Brokerage Phone: 989-745-6722 License #6502393939

Last Buyer's Agent

Bethanne Masse

NextHome Up North License #6501371556

NextHome Up North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,130

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 79x229x78x235
  • Lake Front
  • Sprinkler System

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,860 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Municipal Utilities District Sewer

Community Details

  • No Home Owners Association
  • T22nr4w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 011-213-005-0326
  • Tax Block 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,130

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: On M-55 - W Houghton Lake Dr. Houghton Lake. Down the streeet from the ''Pour House'' and next to ''Houghton's North Sky Resort''
  • Garage Yn: Yes
  • Lot Size: 79x229x78x235
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 2002
  • Attribution Contact: 989-745-6722
  • PropertySubType: Residential Water
  • Road Frontage Type: Lake
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved, Maintained
  • Water Body Name: Houghton Lake
  • Co List Office Phone: 989-745-6722
  • MLS Status: Closed
  • Subdivision Name: T22NR4W
  • Above Grade Finished Sq Ft: 1430.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Old MLS
  • Reso Fireplace Features: Gas
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 79x229x78x235
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Other
  • Water Well2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Central Air2: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • General Property Information:Acres: 0.35
  • Appliances Equipmt Blinds: Yes
  • Sewer Municipal4: Yes
  • Basement Specifics Walkout: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Walk-Out Access
  • BasementSpecificsBasementSize: 1430
  • Interior Amenities: Blinds, Ceiling Fan, Dishwasher, Microwave, Refrigerator, Range/Oven, Doorwall, 1st Flr Master Bdrm
  • Bedroom 3 Level: 1st
  • Bedroom 4 Level: lower
  • Family Room Level: lower
  • Utility Room Level: 1st
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Features 1st Flr Master Bdrm: Yes
  • Interior Features:Gas Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Tile Floor: Yes

Exterior Features

  • Exterior Features: Deck, Patio/Porch, Sprinkler System
  • Waterfront: Yes
  • Construction Type: Vinyl
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features PatioPorch: Yes
  • Exterior Features:Sprinkler System: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Attached/HTD

Utilities

  • Sewer: Municipal
  • Heating: Central Air, Forced Air, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Junior High Dist: Houghton Lake

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 011-213-005-0326
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 28, 2023
Sold by
Hayes Tammie S
Bought by
Murphy Heather
Seller's Agent
Angela Farrington
KW Northern Michigan Team Partners
Buyer's Agent
Bethanne Masse
NextHome Up North
List Price
$559,222
Sold Price
$540,000
Premium/Discount to List
-$19,222
-3.44%
Views
175
Current Estimated Value
$616,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,706
Avg. Annual Appreciation
5.97%
Original Mortgage
$468,000
Outstanding Balance
$455,958
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$160,748

Purchase Details

Closed on
Apr 23, 2021
Sold by
Costello Mark E and Costello Mary J
Bought by
Hayes Tammie S
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
Murphy Heather $540,000 None Listed On Document
Hayes Tammie S $329,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Heather $468,000
Previous Owner Costello Mark E $202,500
Previous Owner Costello Mark E $230,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $540,000 -3.4% $189 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $559,222 -- $196 / 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 $8,130 $333,600 $0 $0
2024 $3,293 $261,800 $0 $0
2023 $2,332 $261,800 $0 $0
2022 $7,900 $219,500 $0 $0
2021 $4,671 $194,200 $0 $0
2020 $5,856 $190,200 $0 $0
2019 $5,732 $157,400 $0 $0
2018 $5,574 $143,000 $0 $0
2016 $5,374 $121,900 $0 $0
2015 -- $144,800 $0 $0
2014 -- $145,900 $0 $0
2013 -- $147,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201823108

Water Wonderland Board of REALTORS®

APN: 011-213-005-0326