NOT LISTED FOR SALE

7592 Hakes Rd Reading, MI 49274

Estimated Value: $105,000 - $147,000

3 Beds
1 Bath
1,120 Sq Ft
$107/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2024

Last sale price $65,000 $58 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $648 / mo

47 Days on Market

Highlights

  • Private Waterfront
  • Hilly Lot
  • Wooded Lot
  • Docks
  • Family Room with Fireplace
  • Garden Windows

About This Home

As of March 2024

Discover a unique investment opportunity on this private island overlooking Reibeck Lake. While some work may be required, the potential returns make it a worthwhile endeavor. This rustic cottage, set in a secluded environment, offers waterfront access connecting to Mead and Turner on a vast 120-acre property for fishing and relaxation. Additional features include a private dock, two sheds for convenient storage, and the property is being sold completely furnished. The turnkey cottage combines rustic charm with modern comforts, making it an inviting retreat. Whether for personal enjoyment or as an Airbnb investment, the property strikes a perfect balance between accessibility and seclusion. Uncover the hidden potential of this one-of-a-kind island oasis, call today!

Last Agent to Sell the Property

Mary Playford

Playford Real Estate Listed on: 01/09/2024

Last Buyer's Agent

Samantha Moore

Playford Real Estate License #6501451119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126

Year Built

  • Built in 1900

Lot Details

  • 1.61 Acre Lot
  • Private Waterfront
  • 124 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Shrub
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot

Parking

  • Unpaved Driveway

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Garden Windows
  • Family Room with Fireplace
  • Carpet
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property is near a lake
  • No Wake Zone
  • Docks
  • Patio

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System
  • Phone Connected
  • Cable TV Available

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$126

Year Built

Built in 1900

Lot Details

1.61 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 65.09
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1120.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 126.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Waterfront Options:Water Frontage3: 124.0
  • Util Avail at Street:Cable2: Yes
  • Lot Description:Rolling Hills: Yes
  • Utilities Attached:Telephone Line: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • Driveway:Shared Unpaved: Yes
  • General Property Info:SqFt Above Grade: 1120.0
  • General Property Info Garage YN: No
  • Flooring:Carpet Floor: Yes
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Flooring: Carpet
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1120.0
  • Window Features: Replacement, Garden Window
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 72900.0
  • Lot Features: Recreational, Wooded, Rolling Hills
  • Patio and Porch Features: Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Riebeck Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Available, Phone Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 1.61
  • Lot Size Area: 1.61
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 70132.0

Tax Info

  • Tax Annual Amount: 126.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 14, 2024
Sold by
Christophe A Clabaugh A and Christophe Melissa L
Bought by
Menck Rebecca and Menck Timothy James
Seller's Agent
Mary Playford
Playford Real Estate
Buyer's Agent
Samantha Moore
Playford Real Estate
List Price
$72,900
Sold Price
$65,000
Premium/Discount to List
-$7,900
-10.84%
Views
177
Current Estimated Value
$119,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,667
Avg. Annual Appreciation
33.73%

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 11, 2022
Sold by
Winters Wallace C and Estate Of Linda J Winters
Bought by
Clabaugh Christopher A and Clabaugh Malissa L
Seller's Agent
Tracy Fitch
CENTURY 21 Affiliated
Buyer's Agent
Tracy Fitch
CENTURY 21 Affiliated
List Price
$64,900
Sold Price
$40,000
Premium/Discount to List
-$24,900
-38.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Winters Linda J
Bought by
Winters Wallace C
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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Purchase History

Date Buyer Sale Price Title Company
Menck Rebecca $65,000 Diversified National Title
Clabaugh Christopher A -- --
Winters Wallace C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $65,000 -10.8% $58 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $72,900 +82.3% $65 / Sq Ft
05/26/2022 05/26/22 Sold $40,000 -38.4% $36 / Sq Ft View Prior Sale
03/09/2022 03/09/22 Pending -- -- --
07/08/2021 07/08/21 For Sale $64,900 -- $58 / Sq Ft
Source: MichRIC

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 $159 $14,600 $0 $0
2024 $1 $12,000 $0 $0
2023 $126 $11,500 $0 $0
2022 $891 $34,400 $0 $0
2021 $867 $33,900 $0 $0
2020 $864 $33,200 $0 $0
2019 $841 $30,500 $0 $0
2018 $830 $28,100 $0 $0
2017 $786 $28,300 $0 $0
2016 $779 $28,300 $0 $0
2015 $199 $28,300 $0 $0
2013 $193 $28,020 $0 $0
2012 $188 $27,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24002416

MichRIC

APN: 10-031-400-005-31-7-4

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