NOT LISTED FOR SALE

724 E King Lake Ln Gwinn, MI 49841

Estimated Value: $384,000 - $631,000

3 Beds
2 Baths
2,795 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $369,000 $132 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,651/month

Highlights

  • Greenhouse
  • Ranch Style House
  • 3 Car Detached Garage
  • 26.69 Acre Lot
  • Wood Flooring
  • Patio

About This Home

As of April 2023

This beautiful and well maintained 3 bedroom 2 bath home features energy efficient windows, beautiful wood floors, hickory cabinets and granite counter tops. Gather in the spacious basement that includes a sauna, pool table and access to the outside. Plenty of storage in the detached 3 car garage with a second story bonus space. Sitting on a total just over 26 acres, this home includes a 24.69 acre adjacent parcel to the West that has plenty of wildlife and a small lake.

Last Agent to Sell the Property

Erin Wasik

RE/MAX 1ST REALTY License #UPAR-6501417226 Listed on: 04/25/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

Erin Wasik

RE/MAX 1ST REALTY License #UPAR-6501417226 Listed on: 04/25/2023

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • 26.69 Acre Lot
  • 300 Ft Wide Lot
  • Garden
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near a pond
  • Patio
  • Greenhouse
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Community Details

  • King Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-05-123-051-00, -034 (Land)

Home Details

Home Type

Single Family

Est. Annual Taxes

$21

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2843
  • Year Built: 1969
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Security System
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Negotiable (Appliances)
  • Fireplaces: None (FireplaceFeatures)
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 10
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 1st Floor, Dimensions: 14 x 10
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Living Room, Primary Bedroom, Primary Bathroom, First Flr Lavatory, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 13 x 9
  • Dining Room Floor Covering: Wood
  • Family Room: In Basement, Dimensions: 16 x 21
  • Family Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 15 x 12
  • Living Room: On 1st Floor, Dimensions: 13 x 23
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 17x13, On Level: First, Flooring: Wood
  • Below Grade Sq Ft: 1135
  • Finished Below Grade Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1795
  • Total Finished Sq Ft: 2795

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Garden Area
  • Foundation: Basement
  • Frontage: 300
  • Lake Name: King Lake
  • Road: Private Road, Year Round
  • Water Features: Pond
  • Out Buildings: Greenhouse, Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 3
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Baseboard, Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 52-05-123-051-00, -034 (Land)
  • Zoning: Residential, Other
  • Lot Dimensions: 299.77*
  • Acreage: 26.69
  • Geo Subdivision: MI
  • Site/Lot Features: Splits Available

Tax Info

  • Summer Tax: Year: 2022, Amount: $653.00
  • Winter Tax: Year: 2022, Amount: $2,190.00
  • Total Tax: Amount: $2,843.00

MLS Schools

  • School District: Gwinn Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 1, 2023
Sold by
Rubin Kenneth G and Rubin Linda M
Bought by
Croney Douglas E and Croney Sara L
Seller's Agent
Erin Wasik
RE/MAX 1ST REALTY
Buyer's Agent
Erin Wasik
RE/MAX 1ST REALTY
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$501,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,281
Avg. Annual Appreciation
13.04%
Original Mortgage
$350,550
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2023
Closed on
Apr 21, 2023
Sold by
Rubin Linda and Rubin Ken
Bought by
Croney Sara and Croney Douglas
Seller's Agent
Erin Wasik
RE/MAX 1ST REALTY
Buyer's Agent
Erin Wasik
RE/MAX 1ST REALTY
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,550
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 22, 2021
Sold by
Revocable Trust
Bought by
Rubin Linda and Rubin Kenneth
Seller's Agent
Cheryl Jackson
RE/MAX 1ST REALTY
Buyer's Agent
Erin Wasik
RE/MAX 1ST REALTY
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%
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
Croney Douglas E -- None Listed On Document
Croney Sara $369,000 None Listed On Document
Rubin Linda $275,000 None Listed On Document
Rubin Ken -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Croney Sara $350,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2023 04/25/23 For Sale $369,000 0.0% $132 / Sq Ft
04/24/2023 04/24/23 Sold $369,000 +34.2% $132 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
07/23/2021 07/23/21 Sold $275,000 0.0% $98 / Sq Ft View Prior Sale
06/24/2021 06/24/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $275,000 -- $98 / Sq Ft
Source: Upper Peninsula Association 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 $21 $160,300 $0 $0
2024 $21 $138,500 $0 $0
2023 $1,912 $137,200 $0 $0
2022 $2,843 $53,800 $0 $0
2021 $1,536 $56,800 $0 $0
2020 $1,513 $53,800 $0 $0
2019 $1,424 $55,600 $0 $0
2018 $1,388 $49,600 $0 $0
2017 $1,286 $50,600 $0 $0
2016 $1,281 $51,650 $0 $0
2015 -- $51,650 $0 $0
2014 -- $44,450 $0 $0
2012 -- $42,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50106911

Upper Peninsula Association of REALTORS®

APN: 52-05-123-051-00