$130,000
SOLD JUN 3, 2021

5408 E Martin Lake Dr Gaylord, MI 49735

4 Beds
1 Bath
1,510 Sq Ft
1.59 Acres

Recently Sold

$86 Per Sq Ft

6 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Shed
  • Deck
  • Living Room
  • 1-Story Property

About This Home

As of July 2022

200 feet of frontage on beautiful Martin Lake. Four bedrooms, two baths including a master suite on the upper level. Large deck to enjoy sunset views looking west across the lake. Located minutes from downtown Gaylord, fifteen minutes to Boyne Mountain and 30 minutes to Boyne City. While lake levels are high, this home sits up an off the lake. Priced to sell. This home does need investment, but it has tremendous potential. Cash or Land Contract with minimum 35% down only.

Last Agent to Sell the Property

Ryan Wojan

smith realty GROUP License #6506047353 Listed on: 04/26/2021

Last Buyer's Agent

Ryan Wojan

smith realty GROUP License #6506047353 Listed on: 04/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Lot Details

  • 1.59 Acre Lot
  • Lot Dimensions are 200x355x200x340
  • Lake Front
  • Fenced

Home Design

  • Wood Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Martin Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061-220-000-023-00, 026-00, & 028-00
  • Tax Block 27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Lot Details

0

Listing Details

  • Directions: West M-32, turn left on E. Martin Lake Dr., property on the right.
  • Garage Yn: No
  • Lot Size: 200x355x200x340
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: Lake
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 1.59
  • Road Surface Type: Gravel, Maintained
  • Water Body Name: Martin Lake
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Dryer
  • Co List Office Phone: 989-732-2477
  • MLS Status: Closed
  • Subdivision Name: Martin Lake Sub
  • Above Grade Finished Sq Ft: 1510.0
  • Architectural Style: 1+ Story
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 200x355x200x340
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 1+ Story
  • Property Information Construction: HUD Sectional
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • HeatingAir Propane3: Yes
  • Laundry Main Level: Yes
  • Exterior Features Fence: Yes
  • General Property Information:Acres: 1.59
  • Appliances Equipmt Blinds: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Exterior Wood3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Interior Amenities: Blinds
  • Bedroom 3 Level: 1st
  • Bedroom 4 Level: upper
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • BasementFoundation:Crawl: Yes
  • Interior Features Wood Stove2: Yes

Exterior Features

  • Exterior Features: Deck, Fence, Natural, Shed
  • Waterfront: Yes
  • Construction Type: Wood
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features:Shed: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Propane, Wood Stove
  • HeatingYN: Yes

Schools

  • Junior High Dist: Gaylord

Lot Info

  • Lot Size Sq Ft: 69260.4
  • Parcel Number: 061-220-000-023-00, 026-00, & 028-00

Tax Info

  • Tax Block: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 15, 2022
Sold by
Neskora Wesley A
Bought by
Francis Michael and Francis Amanda
Seller's Agent
Nicole Habel
Alpine Realty Group
Buyer's Agent
Nicole Habel
Alpine Realty Group
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 3, 2021
Sold by
Zein Ibrahim Mohammad
Bought by
Neskora Wesley A and Collado Garcia Orlando
Seller's Agent
Ryan Wojan
smith realty GROUP
Buyer's Agent
Ryan Wojan
smith realty GROUP
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.30%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Turner Dean C and Turner Marilyn
Bought by
Zein Ibrahim Mohammad

Purchase Details

Closed on
Aug 24, 2010
Sold by
Turner Marilyn
Bought by
Turner Marilyn and Turner Dean C
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 Type Sale Price Title Company
Warranty Deed $250,000 --
Warranty Deed $130,000 --
Warranty Deed $67,500 Alpine Title And Escrow
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $310,000 +24.0% $169 / Sq Ft
07/15/2022 07/15/22 Sold $250,000 +0.4% $136 / Sq Ft
06/10/2022 06/10/22 For Sale $249,000 +91.5% $136 / Sq Ft
06/03/2021 06/03/21 Sold $130,000 -- $86 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
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 $1,621 $104,100 $0 $0
2024 $1,621 $98,200 $0 $0
2023 $3,189 $80,500 $0 $0
2022 $1,508 $71,800 $0 $0
2021 $1,779 $68,000 $0 $0
2020 $2,441 $62,900 $0 $0
2019 $2,415 $64,300 $0 $0
2018 -- $58,800 $58,800 $0
2017 -- $58,400 $0 $0
2016 -- $59,400 $0 $0
2013 -- $54,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201811807

Water Wonderland Board of REALTORS®

APN: 061-220-000-023-00