NOT LISTED FOR SALE

5580 W Houghton Lake Dr Houghton Lake, MI 48629

Estimated Value: $202,000 - $368,000

2 Beds
1 Bath
650 Sq Ft
$391/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $115,000 $177 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,385/month

About This Home

As of October 2018

Beautiful Lakefront cottage sitting high atop a bluff over looking Houghton Lake offering great sunrise and sunset views.

Last Agent to Sell the Property

Brian Lackey

Midge & Co-Luxury Lakefront Homes Brokerage Phone: 989-202-4343 License #6501377702 Listed on: 09/10/2018

Last Buyer's Agent

Brian Lackey

Midge & Co-Luxury Lakefront Homes Brokerage Phone: 989-202-4343 License #6501377702 Listed on: 09/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,688

Lot Details

  • 6,534

Home Design

  • 650 Sq Ft Home
  • Cottage
  • Slab Foundation

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Shared Private Water Access
  • Waterfront
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 011-504-007-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,688

Lot Details

0

Listing Details

  • Directions: M-55
  • Lot Size: 00.
  • Prop. Type: Residential
  • Attribution Contact: 989-202-4343
  • PropertySubType: Residential Water
  • Water Body Name: Houghton Lake
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator, Microwave
  • Co List Office Phone: 989-202-4343
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 650.0
  • Architectural Style: Cottage
  • Property Information Waterfront: Shared-Private Access
  • General Property Information Lot Size Dimensions: 00.
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cottage
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Sewer Municipal4: Yes
  • Foundation:Slab: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Slab

Garage/Parking

  • Property Information:Garage Stall2: 0

Utilities

  • Sewer: Municipal

Schools

  • Junior High Dist: Houghton Lake

Lot Info

  • Parcel Number: 011-504-007-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 11, 2018
Sold by
Mallinger Philip S and Mallinger Heather R
Bought by
Mallinger T
Seller's Agent
Brian Lackey
Midge & Co-Luxury Lakefront Homes
Buyer's Agent
Brian Lackey
Midge & Co-Luxury Lakefront Homes
Sold Price
$115,000
Current Estimated Value
$212,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,130
Avg. Annual Appreciation
12.27%
Original Mortgage
$92,000
Outstanding Balance
$80,558
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,305

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

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
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
10/12/2018 10/12/18 Sold $115,000 -- $177 / Sq Ft
09/09/2018 09/09/18 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 $2,688 $108,800 $0 $0
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: Water Wonderland Board of REALTORS®

MLS Number: 201802040

Water Wonderland Board of REALTORS®

APN: 011-504-007-0000