NOT LISTED FOR SALE

6074 N M 88 Central Lake, MI 49622

Estimated Value: $99,000 - $216,000

2 Beds
1 Bath
816 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $140,000 $172 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $849/month

10 Days on Market

Highlights

  • Deck
  • Mud Room
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Paneling
  • Handicap Accessible

About This Home

As of May 2022

Close to Torch Lake North end access, this is a Cozy 2 bedroom home that was once an office. Needs some TLC to make it yours, or could be used as a short term or long term rental. Nice size back yard and storage shed. Lots of potential here!

Last Agent to Sell the Property

Wayne Toteff

REO - Elk Rapids-101308 License #6506045867 Listed on: 02/25/2022

REO - Elk Rapids-101308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $927

Year Built

  • Built in 1924

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 78x133x65x60x84x124
  • Corner Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Fixer Upper
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Mud Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$927

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1924
  • Construction: Frame
  • Section Number: 1
  • Univs Design Barrier Free: Ramped Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1924

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Fixer-Upper, Mud Room, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11.5x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.5x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 13.5x11.5, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 16.5x11.5, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 816
  • Price Per Sq Ft: 171.57
  • Range: R 9W
  • Total Finished Sf Apx: 816

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Handicap Access, Gutters
  • Exterior Finish: Aluminum
  • Foundation: Crawl Space
  • Number Of Acres: 0.56
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Forced Air, Baseboard
  • Laundry: Dimensions: 12x8, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV
  • Water: Private Well

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Land Features: Corner Lot, Level
  • Lot Dimensions: 78x133x65x60x84x124
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Commercial

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 665.33
  • Total Taxes: 926.64
  • Winter Taxes: 261.31
  • Year Summer: 2021
  • Year Winter: 2021

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 2, 2022
Sold by
Dr Anderson Inc
Bought by
Felix Jeffrey J
Seller's Agent
Wayne Toteff
REO - Elk Rapids-101308
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$156,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,765
Avg. Annual Appreciation
4.17%
Original Mortgage
$105,000
Outstanding Balance
$99,847
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$60,738

Purchase Details

Closed on
Oct 26, 2021
Sold by
P G & Margaret Shea Irt and Shea
Bought by
Dr Anderson Inc
Source: Public Records

Range of Values:

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Average Value
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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
Felix Jeffrey J $140,000 Searchlight Title Services
Dr Anderson Inc $61,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felix Jeffrey J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $140,000 -6.0% $172 / Sq Ft
02/25/2022 02/25/22 For Sale $149,000 -- $183 / 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
2025 $13 $81,900 $0 $0
2024 $13 $65,600 $0 $0
2023 $1,220 $41,800 $0 $0
2022 $1,357 $33,200 $0 $0
2021 $919 $32,300 $0 $0
2020 $931 $30,500 $0 $0
2019 $910 $30,000 $0 $0
2018 $885 $30,500 $0 $0
2017 $837 $29,200 $0 $0
2016 $634 $29,600 $0 $0
2015 -- $35,100 $0 $0
2014 -- $34,900 $0 $0
2013 -- $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1897138

Northern Great Lakes REALTORS® MLS

APN: 05-14-495-006-00