NOT LISTED FOR SALE

5885 N M 88 Central Lake, MI 49622

Estimated Value: $1,640,000 - $1,934,000

3 Beds
3 Baths
2,607 Sq Ft
$679/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $1,500,000 $575 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,951/month

373 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of August 2023

Torch Lake, this is the home that you have been waiting for! Secluded, updated, quality home sitting on almost an acre of prime Torch Lake real estate. Offering spectacular views of Torch Lake. Out back you will find a large deck(composite) that is perfect for entertaining. 100' of private, sandy Torch Lake frontage. Main floor living, wood floors, custom kitchen with granite countertops, master bath by Wooden Hammer, new insert in the oversized stone fireplace, cathedral ceilings, new roof, three car garage. This home has it all! The three car garage has a finished loft area for hanging out or extra sleeping. There is also an attached shed off the back 36" x 10" that is perfect for storing your extra toys. Many updates, see documents. Dock is included.

Last Agent to Sell the Property

Ian Bertram

Real Estate One - Gaylord License #6501414671 Listed on: 07/16/2022

Real Estate One - Gaylord

Co-Listed By

Lisa Russell

REO-Cadillac-233028 License #6501418811

Last Buyer's Agent

Rita McAvoy

Berkshire Hathaway Home Svcs

Berkshire Hathaway Home Svcs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,624

Year Built

  • Built in 1996

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 100 x 427 x 99 x 434
  • Private Waterfront
  • 100 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,607 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Water Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,624

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1996
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Pantry, Granite Bath Tops, Granite Kitchen Tops, Formal Dining Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15x13, On Level: Main Floor
  • Bedroom 2: Dimensions: 14x11, On Level: Main Floor
  • Bedroom 3: Dimensions: 14x13, On Level: Upper Floor
  • Total Bathrooms: 3
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: comboxcombo, On Level: Main Floor
  • Living Room: Dimensions: 27x25, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 2607
  • Price Per Sq Ft: 575.37
  • Range: R 9W
  • Total Finished Sf Apx: 2607

Exterior Features

  • Body Of Water: Torch Lake
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 0.99
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 3
  • Primary Garage: Detached, Heated

Utilities

  • Fireplaces And Stoves: Fireplace(s), Insert
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded
  • Lot Dimensions: 100 x 427 x 99 x 434
  • Mineral Rights: To Pass With Title
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 12857
  • Total Taxes: 17624
  • Winter Taxes: 4767

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Jun 28, 2017
Sold by
Mcclurg Ft
Bought by
Shaeffer Thomas A and Shaeffer Susan T
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Kathy Wittbrodt
WITTBRODT WATERSIDE PROPERTIES
List Price
$979,500
Sold Price
$850,000
Premium/Discount to List
-$129,500
-13.22%
Total Days on Market
373
Current Estimated Value
$1,769,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,533
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Sep 23, 2010
Bought by
Mcclurg James E and Mcclurg Patricia A
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
Shaeffer Thomas A -- --
Mcclurg James E $710,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $1,500,000 0.0% $575 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
10/11/2022 10/11/22 Off Market $1,500,000 -- --
08/14/2022 08/14/22 For Sale $1,595,000 0.0% $612 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $1,595,000 +87.6% $612 / Sq Ft
06/28/2017 06/28/17 Sold $850,000 -13.2% $326 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/28/2016 06/28/16 For Sale $979,500 -- $376 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $220 $732,300 $0 $0
2023 $5,593 $785,700 $0 $0
2022 $10,372 $476,700 $0 $0
2021 $17,109 $426,400 $0 $0
2020 $17,624 $427,500 $0 $0
2019 $13,920 $339,300 $0 $0
2018 $13,655 $333,900 $0 $0
2017 $6,024 $327,400 $0 $0
2016 $3,336 $303,200 $0 $0
2015 -- $292,900 $0 $0
2014 -- $279,700 $0 $0
2013 -- $271,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1902658

Northern Great Lakes REALTORS® MLS

APN: 05-14-775-003-00