$153,500
SOLD JUL 21, 2025

7571 Patsy Place Lake, MI 48632

3 Beds
1.5 Baths
1,540 Sq Ft
0.78 Acres

Recently Sold

$100 Per Sq Ft

4% Below List Price

280 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Carpet
  • 2.5 Car Detached Garage

About This Home

As of July 2025

Price Reduced! Great Location for Cabin or Home sweet Home! Extra large lot runs between 2 Rds 3 Bd 1 Full BA plus 1/2 in the Laundry Room in walk out Basement Beautiful Trees and wrap around Decking with full length screened in porch. Updated interior with new flooring New Bathroom and updated Kitchen All Appliances included plus new Water Heater and Newer, Furnace, Roof, Septic and Drain field Also a whole house Generac Generator 2+ Detached Garage with newer overhead Door and plenty of space to park 2 cars and has a workbench on the side Access to Private Big Norway Lake with a nice Beach area Boat Launch and Park area Close to M-115 and not far to Lake George Move in Ready!

Last Agent to Sell the Property

Denise Foster

FAIRCHILD & GREEN REALTY License #CGBOR-6501305912 Listed on: 10/07/2024

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.78 Acre Lot
  • 229 Ft Wide Lot
  • Street terminates at a dead end
  • Rural Setting
  • Irregular Lot
  • Sloped Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Masonite

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Golden Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 009-140-057-00 AND 009-140-062

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Flood Insurance: Not Required
  • Total Tax Amount: 1129.69
  • Total Tax Year: 2024
  • Year Built: 1967
  • Mail City: Lake
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Full, Partially Finished, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 13 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 10 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Lower Floor, Dimensions: 13 x 8
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 7, On Level: Main, Flooring: Laminate
  • Family Room: On Lower Floor, Dimensions: 26 x 18
  • Family Room Floor Covering: Vinyl
  • Kitchen: On Main Floor, Dimensions: 11 x 14
  • Kitchen Floor Covering: Laminate
  • Living Room: On Main Floor, Dimensions: 18 x 14
  • Living Room Floor Covering: Laminate
  • Below Grade Sq Ft: 840
  • Finished Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 840
  • Total Finished Sq Ft: 1540
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Masonite
  • Foundation: Basement
  • Frontage: 229
  • Lake Name: Big Norway Lake
  • Road: City/County, Gravel
  • Out Buildings: Garage(s)
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fees: 35
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 009-140-057-00 AND 009-140-062
  • Lot Dimensions: 153x150 and 76x150
  • Acreage: 0.78
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Rural, Irregular, Sloping

Tax Info

  • Summer Tax: Year: 2024, Amount: $393.01
  • Winter Tax: Year: 2023, Amount: $736.68
  • Total Tax: Year: 2024, Amount: $1,129.69

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 18, 2024
Sold by
Southwest Michigan Asset Manag
Bought by
Gengler Dean and Gengler Marie Marie
Seller's Agent
Ashley Winston
RE/MAX Perrett Associates
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$79,900
Sold Price
$48,000
Premium/Discount to List
-$31,900
-39.92%
Views
75
Current Estimated Value
$162,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,788
Avg. Annual Appreciation
90.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $48,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2025 07/21/25 Sold $153,500 -4.0% $100 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $159,900 0.0% $104 / Sq Ft
04/10/2025 04/10/25 For Sale $159,900 +4.2% $104 / Sq Ft
04/07/2025 04/07/25 Off Market $153,500 -- --
01/30/2025 01/30/25 For Sale $164,900 0.0% $107 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $164,900 +243.5% $107 / Sq Ft
01/18/2024 01/18/24 Sold $48,000 -39.9% $57 / Sq Ft View Prior Sale
12/01/2023 12/01/23 For Sale $79,900 +37.8% $95 / Sq Ft
08/08/2016 08/08/16 Sold $58,000 +8.4% $35 / Sq Ft View Prior Sale
08/04/2016 08/04/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $53,500 -- $32 / Sq Ft
Source: Clare Gladwin 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 $1,704 $59,363 $2,850 $56,513
2024 $375 $55,135 $3,199 $51,936
2023 $341 $46,470 $2,698 $43,772
2022 $341 $35,448 $2,555 $32,893
2021 $964 $30,706 $0 $0
2020 $955 $31,285 $0 $0
2019 $866 $29,633 $0 $0
2018 $772 $30,010 $0 $0
2017 $324 $29,940 $0 $0
2016 $269 $32,807 $0 $0
2015 -- $28,035 $0 $0
2014 -- $26,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50157597

Clare Gladwin Board of REALTORS®

APN: 009-140-057-00