NOT LISTED FOR SALE

5580 W Houghton Lake Dr Unit 7 Houghton Lake, MI 48629

Estimated Value: $189,000 - $223,881

2 Beds
1 Bath
662 Sq Ft
$150/mo HOA Fee

Last Sold October 15, 2018

Last sale price $115,000 $174 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,438/month

3 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Ranch Style House
  • High Speed Internet
  • Outdoor Pool

About This Home

As of October 2018

Must see this two bedroom, one bath condo with stunning views of Houghton Lake! You are literally just steps away from the lake. 11 units in the association share 350 feet of lake frontage, such amazing views without the crazy lake front home taxes. All you need to do is show up and play! The association takes care of snow removal, lawn care, docks (in and out), HEATED pool care, cable and wifi. Home has new metal roof and newly remolded bathroom with heated floor. Lots of on site storage. This home is perfect for all seasons! Make this your home away from home today!
Sink your toes into the sand at this lakefront 2-bedroom, 1-bathroom Houghton Lake condo! The waterfront condo is located in the Sky Top Condo Association, which has a private beach. Wake up and enjoy your morning coffee on the patio which overlooks beautiful Houghton Lake. The only sounds you'll hear as the sun rises above the treeline are the loons and other wildlife near the tranquil water.

Last Agent to Sell the Property

Robert Quigley

Burrell Real Estate License #6501332512 Listed on: 09/11/2018

Last Buyer's Agent

Robert Quigley

Burrell Real Estate License #6501332512 Listed on: 09/11/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 350 Feet of Waterfront
  • Lake Front

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • 662 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Outdoor Pool

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0115040070000

Community Details

Overview

  • Skytop Condo Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,804

Year Built

Built in 1950

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 662
  • Total Sq Ft: 662

Exterior Features

  • Waterfront Name: Houghton Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Pool – Community
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Water Frontage Feet: 350.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 150
  • Association Fee: Yes

Schools

  • School District: Houghton Lake

Lot Info

  • Parcel Number: 0115040070000

Tax Info

  • Tax Amount Summer: 367.0000
  • Tax Amount Winter: 1437.0000
  • Total Tax: 1804.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Houghton Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 11, 2018
Sold by
Mallinger Philip S and Mallinger Heather R
Bought by
Mallinger T
Seller's Agent
Robert Quigley
Burrell Real Estate
Buyer's Agent
Robert Quigley
Burrell Real Estate
List Price
$119,500
Sold Price
$115,000
Premium/Discount to List
-$4,500
-3.77%
Total Days on Market
3
Current Estimated Value
$204,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,970
Avg. Annual Appreciation
9.84%
Original Mortgage
$92,000
Outstanding Balance
$81,545
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,977

Purchase Details

Closed on
Jan 28, 2015
Sold by
Vergith Nicholas D and Vergith Mary A
Bought by
Jacot Jessica M and Jacot James T
Source: Public Records

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Range of Values:

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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
Mallinger T -- --
Mallinger Phillip S $115,000 --
Jacot Jessica M $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallinger Phillip S $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $115,000 -3.8% $174 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $119,500 -- $181 / Sq Ft
Source: Realcomp

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
2024 $1,645 $84,500 $0 $0
2023 $1,570 $84,500 $0 $0
2022 $2,473 $72,000 $0 $0
2021 $2,418 $62,100 $0 $0
2020 $2,402 $63,500 $0 $0
2019 $2,354 $49,500 $0 $0
2018 $1,865 $46,700 $0 $0
2016 $1,801 $37,600 $0 $0
2015 -- $44,700 $0 $0
2014 -- $48,000 $0 $0
2013 -- $48,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218088769

Realcomp

APN: 011-504-007-0000