NOT LISTED FOR SALE

7587 Hakes Rd Reading, MI 49274

Estimated Value: $107,000 - $255,000

2 Beds
1 Bath
1,250 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2024

Last sale price $71,000 $57 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,117 / mo

183 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Eat-In Kitchen
  • Property fronts a channel
  • Porch
  • Garden

About This Home

As of February 2024

Welcome to the charming fixer upper on private frontage to the channel that leads to Mead Lake, a chain of 3 lakes. The back half of the home has new walls, new siding, a large kitchen, and a newly updated bathroom. The primary bedroom has access to the back patio. If you are looking to make the home your own, this is the one for you! Home is being sold as is. Furnace, water softener, and dishwasher stay but are not hooked up. The additional lot is an added bonus with a newer leach bed and electric hook up ready for a camper or a tiny home. Two storage sheds, mature trees, and flower gardens are a great addition. Seller is motivated, all reasonable offers will be considered.

Last Agent to Sell the Property

Kendra Schwartz Hometown Team

RE/MAX Elite Group T.R. License #6501417880 Listed on: 06/20/2023

Last Buyer's Agent

Kurt Weigle

Real Broker, LLC License #6501433452

Real Broker, LLC

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 29,185 Sq Ft Lot
  • Property fronts a channel
  • Private Waterfront
  • 40 Feet of Waterfront
  • The property's road front is unimproved
  • Shrub
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Water Access
  • Property is near a lake
  • No Wake Zone
  • Deck
  • Porch

Utilities

  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • Phone Available

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.67 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 63.2
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x310 & 40x420
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1250.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2723.0
  • Waterfront Options:Water Access YN: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Waterfront Options:Water Frontage3: 40.0
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Flower Garden: Yes
  • Water Heater:Electric3: Yes
  • Heat Source:Wood2: Yes
  • Heat Type:Wood3: Yes
  • Water Type:Channel2: Yes
  • General Property Info:SqFt Above Grade: 1250.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial, Walk-Out Access
  • LivingArea: 1250.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 300.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Built-In Electric Oven: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 79000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Unimproved
  • Water Body Name: Mead Lake
  • Waterfront Features: Channel, Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wood, Other
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Channel: Yes

Lot Info

  • Lot Size Acres: 0.67
  • Lot Size Area: 0.67
  • Lot Dimensions: 40x310 & 40x420
  • Lot Size Sq Ft: 29185.0

Tax Info

  • Tax Annual Amount: 2723.0
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Feb 1, 2024
Sold by
Bought by
Seller's Agent
Kendra Schwartz Hometown Team
RE/MAX Elite Group T.R.
Buyer's Agent
Kurt Weigle
Real Broker, LLC
List Price
$129,900
Sold Price
$71,000
Premium/Discount to List
-$58,900
-45.34%
Views
201
Current Estimated Value
$174,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,580
Avg. Annual Appreciation
42.51%
Original Mortgage
$67,450
Outstanding Balance
$65,579
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$109,001

Purchase Details

Closed on
Sep 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1994
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$71,000 Oak Title
$10,000 None Available
$8,000 None Available
-- --
$56,900 --
$34,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $67,450
Previous Owner $50,000
Previous Owner $90,677
Previous Owner $20,078
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $71,000 -10.1% $57 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $79,000 -20.2% $63 / Sq Ft
10/23/2023 10/23/23 Price Changed $99,000 -13.9% $79 / Sq Ft
08/21/2023 08/21/23 Price Changed $115,000 -8.7% $92 / Sq Ft
07/21/2023 07/21/23 Price Changed $125,900 -3.1% $101 / Sq Ft
06/20/2023 06/20/23 For Sale $129,900 -- $104 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,904 $72,900 $0 $0
2025 $753 $69,000 $0 $0
2024 $4 $53,800 $0 $0
2023 $375 $50,300 $0 $0
2022 $1,416 $45,500 $0 $0
2021 $1,696 $44,300 $0 $0
2020 $1,691 $43,000 $0 $0
2019 $1,657 $38,500 $0 $0
2018 $1,617 $29,800 $0 $0
2017 $1,004 $30,200 $0 $0
2016 $998 $30,000 $0 $0
2015 $300 $30,000 $0 $0
2013 $291 $26,530 $0 $0
2012 $427 $40,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kendra Schwartz Hometown Team

    RE/MAX Michigan

  • K

    Buyer's Agent in 2024

    Kurt Weigle

    Real Broker, LLC

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Map

Source: MichRIC

MLS Number: 23021363

MichRIC

APN: 10-095-001-037

Michigan Hillsdale County Reading 49274

7587 Hakes Rd, Reading, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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