$189,000
SOLD OCT 29, 2022

7607 Arrowroot Trail Gaylord, MI 49735

3 Beds
2 Baths
960 Sq Ft
0.47 Acres

Recently Sold

$197 Per Sq Ft

23% Below List Price

383 Days on Market

Highlights

  • Beach Front
  • Clubhouse
  • Wood Burning Stove
  • Outdoor Pool
  • Deck
  • Raised Ranch Architecture

About This Home

As of October 2022

Northern Michigan lakefront. Turn your dreams into reality with this chalet on all-sport Arrowhead Lake. Nestled in a private community with amenities that include a clubhouse, swimming pool, archery range, campground, and 650 acres of shared private acreage. Get away for the all sports lakefront summer, GOLF MECCA, and ski & snowmobile in the winter, or use it as vacation rental income property. Walkout basement, gentle slope to the lake. Huge wrap-around deck. dock, vaulted ceiling enhances open floor plan. This is a GEM. The home is available fully furnished, so you can step right in and start enjoying the serenity that the home offers. All sizes are estimated. It's very difficult to get on an all-sports lake at this price point. Make this your home away from home! The Septic system is new. Note there are now 3 lots (59, 285 & 286) included which more than tripled the previous land size and gives room to build a garage or pole barn.

Last Agent to Sell the Property

Thomas Goebel

Tepee Realty License #6504067128 Listed on: 09/21/2021

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960 | Remodeled in 2010

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 60x140x60x140x140x120x100x60
  • Beach Front
  • 60 Feet of Waterfront
  • Lake Front

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Cottage
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Free-Standing Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered patio or porch

Location

  • Ground Level Unit

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07218000005900 07218000028500

Community Details

Overview

  • Indian Hills Subdivision
  • Property is near a ravine

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1960 | Remodeled in 2010

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cottage, Raised Ranch
  • Architecture Level: 1 Story
  • Assessment: taxes estimated due to 3 lots vs 1 lot
  • Year Built: 1960
  • State Equalized Value: 79700.0000
  • Year Renovated: 2010
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - Yes
  • Fireplace: Yes
  • Fireplace Fuel: Natural, Wood Stove
  • Fireplace Locations: Great Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 1860
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 960
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Roof Material: Composition
  • Waterfront Name: Arrowhead Lake a/k/a Buhl Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Block
  • Frontage Feet: 200
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Gravel
  • Sideof Street: S
  • Water Frontage Feet: 60.00
  • Waterfront Description: Beach Front, Beach Access, Direct Water Frontage, Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 546
  • Association Fee: Yes

Schools

  • School District: Gaylord

Lot Info

  • Lot Features: Hilly-Ravine
  • Lot Size Area: 0.47
  • Lot Dimensions: 60x140x60x140x140x120x100x60
  • Parcel Number: 07218000005900 07218000028500

Tax Info

  • Tax Amount Summer: 1000.0000
  • Tax Amount Winter: 1000.0000
  • Total Tax: 2000.0000
  • Taxable Value: 51807.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT

MLS Schools

  • School District: Gaylord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Golibart Thomas
Bought by
Four Seasons Homes
Current Estimated Value
$277,680

Purchase Details

Listed on
Sep 21, 2021
Closed on
Oct 21, 2022
Sold by
Thomas Donovan
Bought by
Golibart Thomas and Golibart Patricia
Seller's Agent
Thomas Goebel
Tepee Realty
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$244,900
Sold Price
$189,000
Premium/Discount to List
-$55,900
-22.83%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Source: Public Records

Similar Homes in Gaylord, MI

  • 3622 Big Sky Trail, Gaylord, MI 49735

    $249,000

    • 1 Bed
    • 1 Bath
    • 920 Sq Ft
    • 3622 Big Sky Trail
    • Gaylord, MI

    Welcome to 30 square acres, a cozy custom-built tiny home and a pole barn within 15 minutes of downtown Gaylord! This one of a kind property is protected by Michigan's Qualified Forest Program which protects the property from commercial deforestation and prevents public use of any kind. The Forest Management plan allows the owner to use the resources for sustainable, private use such as

    Karen Harrison Keller Williams Northern Michigan Horizon

    Section Image
  • 3797 Wequas Lake Rd, Gaylord, MI 49735

    $165,000

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft
    • 3797 Wequas Lake Rd
    • Gaylord, MI

    DREAM up north Lakefront Cabin with 100' of natural firm sand beachfront on a hidden lake connecting to Lake Manuka. Nearly an acre of woods with circular driveways and plenty of parking for ATV's, camper and all your toys! Tons of local woodland trails and nearby county/state trails. Serene neighborhood has mostly log homes & cabins. Newly renovated with luxury waterproof vinyl plank flooring,

    Steven Koleno Beycome Brokerage Realty LLC

    Section Image
  • 5124 Beechwood Ave Unit 6, Gaylord, MI 49735

    $159,900

    • 2 Beds
    • 1 Bath
    • 330 Sq Ft
    • 5124 Beechwood Ave
    • Unit 6
    • Gaylord, MI

    This is a rare opportunity to enjoy highly sought-after Otsego Lake—one of Northern Michigan’s premier all-sports lakes—at an incredibly affordable price! This charming 2-bedroom, 1-bath lakeside cottage is fully furnished and move-in ready for summer fun. Inside, you’ll love the warm, rustic charm with pine walls, luxury vinyl plank flooring, a well-appointed kitchen with vintage stove, and the

    Dean Bach @properties Christie’s International Real Estate Harbor Springs

    Section Image
  • 5124 Beechwood Ave Unit 5, Gaylord, MI 49735

    $156,500

    • 2 Beds
    • 1 Bath
    • 330 Sq Ft
    • 5124 Beechwood Ave
    • Unit 5
    • Gaylord, MI

    This is a rare opportunity to enjoy highly sought-after Otsego Lake—one of Northern Michigan’s premier all-sports lakes—at an incredibly affordable price! This charming 2-bedroom, 1-bath lakefront cottage is fully furnished and move-in ready for summer fun. Inside, you’ll love the warm, rustic charm with pine walls, luxury vinyl plank flooring, a well-appointed kitchen with vintage stove, and the

    Dean Bach @properties Christie’s International Real Estate Harbor Springs

    Section Image
  • 9961 Lower Chub Lake Rd, Gaylord, MI 49735

    $225,000

    • 4 Beds
    • 1 Bath
    • 1,292 Sq Ft
    • 9961 Lower Chub Lake Rd
    • Gaylord, MI

    This is your chance to own a cottage hideaway on a small private lake in northern Michigan. Enjoy quiet bliss and scenic views of the Lower Chub Lake on this 1.21 wooded-acre lot. This cottage is tucked away outside Gaylord, Michigan's gateway to the north. Enjoy year-round recreational activities, such as golf, boating, fishing, hunting, skiing, snowmobiling and ATV trails. Plus, you are within

    Robert Steenbergh Epique Inc

    Section Image
  • Cabin 6 5545 Corey Cove, Gaylord, MI 49735

    $180,000

    • 2 Beds
    • 1 Bath
    • 502 Sq Ft
    • Cabin 6 5545 Corey Cove
    • Gaylord, MI

    : OTSEGO LAKE - Corey Cove Shores Resort Association with 200 feet of private shared lakefront with sandy beach and dock for your watercraft. You'll want to see this cozy 2 bedroom, rustic log cabin with charming sun porch and views of Otsego Lake. Plus 2 decks for another 200 sq ft of outdoor living. You can own 1/9 interest in resort with owners stock certificate and enjoy all the

    Cindy Clark COLDWELL BANKER SCHMIDT GAYLORD

    Section Image
  • 2047 W Martin Lake Rd, Gaylord, MI 49735

    $159,900

    • 3 Beds
    • 2 Baths
    • 640 Sq Ft
    • 2047 W Martin Lake Rd
    • Gaylord, MI

    Charming cabin on Martin Lake. This association does not allow for full time residential use. Occupancy limited to 180 days a year. Short term rentals are not permitted. Association dues for 2025 are $2,400 annually this includes trash, community dock installation, ground maintenance, exterior condo maintenance and electric for common areas. This is not a freestanding home. Cash or

    Melisa Bertram Real Estate One of Gaylord

    Section Image
  • 702 S Court Ave, Gaylord, MI 49735

    $175,000

    • 4 Beds
    • 1 Bath
    • 1,500 Sq Ft
    • 702 S Court Ave
    • Gaylord, MI

    The home includes 4 bedrooms and 2 full bathrooms with a two-car attached garage. Age of home and square footage are estimated. Pictures coming soon.

    Denise Devries Gateway Brokerage, LLC

    Section Image
  • 5128 Krys Rd, Gaylord, MI 49735

    $169,000

    • 2 Beds
    • 2 Baths
    • 1,020 Sq Ft
    • 5128 Krys Rd
    • Gaylord, MI

    Solid home in a great location just north of Michaywe and just 5 minutes from the heart of Gaylord. Excellent starter or retirement home for someone. Open concept with a living/dining room combo. Nice setting in the back yard. Yard is partially fenced for pets. Great decks off the front and the back of the home. Lot is big-enough for a pole barn. Home has a newer furnace and the seller has added

    Kurt Jacobs Alpine Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Quit Claim Deed -- --
Warranty Deed $181,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2022 10/29/22 Sold $189,000 +4.4% $197 / Sq Ft
10/26/2022 10/26/22 Sold $181,000 -9.5% $94 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/10/2022 10/10/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $200,000 -11.1% $104 / Sq Ft
09/28/2022 09/28/22 Price Changed $225,000 0.0% $234 / Sq Ft
09/28/2022 09/28/22 Price Changed $225,000 -8.2% $117 / Sq Ft
09/20/2022 09/20/22 Price Changed $245,000 0.0% $255 / Sq Ft
09/20/2022 09/20/22 Price Changed $245,000 -9.3% $128 / Sq Ft
09/01/2022 09/01/22 Price Changed $270,000 +10.2% $281 / Sq Ft
09/01/2022 09/01/22 For Sale $244,900 -9.3% $255 / Sq Ft
08/31/2022 08/31/22 For Sale $270,000 +42.9% $141 / Sq Ft
06/01/2022 06/01/22 Off Market $189,000 -- --
10/17/2021 10/17/21 For Sale $244,900 0.0% $255 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $244,900 -- $255 / Sq Ft
Source: Realcomp

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
2024 $2,232 $105,900 $0 $0
2023 $3,523 $92,500 $0 $0
2022 $1,973 $79,700 $0 $0
2021 $1,937 $62,500 $0 $0
2020 $2,053 $61,200 $0 $0
2019 $2,031 $60,200 $0 $0
2018 -- $55,200 $55,200 $0
2017 -- $55,100 $0 $0
2016 -- $53,800 $0 $0
2013 -- $49,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210079550

Realcomp

APN: 072-180-000-059-00