5500 W Houghton Lake Rd Lake City, MI 49651
2
Beds
1
Bath
1,344
Sq Ft
9.4
Acres
Highlights
- Barn
- Wooded Lot
- Den
- Countryside Views
- Mud Room
- Breakfast Area or Nook
About This Home
As of January 2025Location Location Location.....Charming older farmhouse located just outside of the city limits. This home features a formal dining room, a large living room, and first-floor laundry. Need storage? This home has a 3 car garage and a two-story barn. Want to start a home business? Missaukee County has minimal zoning. Need room to roam or hunt? This property offers 9.4 acres of equal open/wooded.
Last Agent to Sell the Property
EXIT Realty Land and Lakes License #6502415009 Listed on: 09/17/2024
Last Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,386
Year Built
- Built in 1920
Lot Details
- 9.4 Acre Lot
- Lot Dimensions are 660x640
- Level Lot
- Cleared Lot
- Wooded Lot
- The community has rules related to zoning restrictions
Parking
- 3 Car Detached Garage
Home Design
- Block Foundation
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,344 Sq Ft Home
- 1-Story Property
- Bay Window
- Mud Room
- Formal Dining Room
- Den
- Countryside Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Michigan Basement
- Partial Basement
Farming
- Barn
Utilities
- Forced Air Heating and Cooling System
- Well
- Satellite Dish
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Jan 2, 2025
Sold by
Pennington Janet P
Bought by
Algie Brian and Algie Kathrine Algie
Seller's Agent
Sara Crawford
EXIT Realty Land and Lakes
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$259,900
Sold Price
$180,000
Premium/Discount to List
-$79,900
-30.74%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,550
Avg. Annual Appreciation
8.41%
Similar Homes in Lake City, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $180,000 | -20.0% | $134 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $225,000 | -13.4% | $167 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $259,900 | -- | $193 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $1,386 | $95,100 | $14,200 | $80,900 |
| 2024 | $556 | $97,700 | $97,700 | $0 |
| 2023 | $530 | $79,400 | $79,400 | $0 |
| 2022 | $505 | $72,500 | $72,500 | $0 |
| 2021 | $1,237 | $59,600 | $59,600 | $0 |
| 2020 | $484 | $59,700 | $59,700 | $0 |
| 2019 | $475 | $62,100 | $62,100 | $0 |
| 2018 | $1,205 | $62,900 | $0 | $0 |
| 2017 | $1,180 | $65,200 | $0 | $0 |
| 2016 | $1,172 | $54,000 | $0 | $0 |
| 2015 | -- | $46,900 | $0 | $0 |
| 2014 | -- | $43,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Crawford
S
Seller's Agent in 2025
Sara Crawford
EXIT Realty Land and Lakes
(231) 878-5749
96 Total Sales
-
N
Buyer's Agent in 2025
Non Member Office
NON-MLS MEMBER OFFICE
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1927226
APN: 007-031-075-00
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.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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