NOT LISTED FOR SALE

7705 Arrowroot Trail Gaylord, MI 49735

Estimated Value: $167,000 - $244,825

2 Beds
1 Bath
750 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $144,900 $193 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,350/month

11 Days on Market

Highlights

  • Outdoor Pool
  • Cottage
  • Park
  • Clubhouse
  • Community Playground
  • Forced Air Heating System

About This Home

As of September 2021

Summer cottage located on all sports lake. A frame style, full furnished with master bedroom loft. Beautiful views, wooded lot. 60ft of lake frontage. Association amenities include inground pool, boat launch, park, pavilion, bath house and camp ground. Additional 60x145 ft lot across the street is available to purchase.

Last Agent to Sell the Property

Colleen Maillett

Century 21 Signature Realty - Bay City License #BCRA-6501194860 Listed on: 07/02/2021

Century 21 Signature Realty - Bay City

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60x129.98

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 750 Sq Ft Home
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Outdoor Pool

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 69-072-300-000-006-00

Community Details

Recreation

  • Community Playground
  • Community Spa
  • Park

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,559

Year Built

Built in 1970

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Total Tax Amount: 1136.26
  • Total Tax Year: 2021
  • Year Built: 1970
  • Mail City: Gaylord
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 8
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 6, On Level: First, Flooring: Linoleum
  • Kitchen: On 1st Floor, Dimensions: 10 x 7
  • Kitchen Floor Covering: Linoleum
  • Living Room: On 1st Floor, Dimensions: 23 x 11
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 750
  • Total Finished Sq Ft: 750

Exterior Features

  • Pool: Yes
  • Exterior: Aluminum, Wood
  • Foundation: Crawl
  • Frontage: 60
  • Lake Name: Lake Arrowhead

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 232.21
  • HOA Fee Frequency: Yearly
  • Community Features: Club House, Park, Playground, Pool/Hot Tub
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 69-072-300-000-006-00
  • Lot Dimensions: 60x129.98
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $815.54
  • Winter Tax: Year: 2021, Amount: $320.72
  • Taxable Value: 40885
  • Total Tax: Year: 2021, Amount: $1,136.26
  • SEV Year: 2021

MLS Schools

  • School District: Gaylord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 16, 2021
Sold by
Maillette Michael J
Bought by
Lantto Eric and Lantto Anne
Seller's Agent
Colleen Maillett
Century 21 Signature Realty - Bay City
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$134,900
Sold Price
$144,900
Premium/Discount to List
$10,000
7.41%
Current Estimated Value
$220,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,556
Avg. Annual Appreciation
11.30%
Original Mortgage
$130,410
Outstanding Balance
$118,922
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$101,534

Purchase Details

Closed on
Sep 1, 2006
Sold by
Moses George Dennis and Moses Patricia
Bought by
Lemley Earl M and Lemley Constance C

Purchase Details

Closed on
Oct 24, 2003
Sold by
Mackay Kathryn A
Bought by
Maillette Michael J
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
Lantto Eric $144,900 --
Lemley Earl M $200,000 Corporate Title Agency - Gay
Maillette Michael J $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lantto Eric $130,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $144,900 +7.4% $193 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $134,900 -- $180 / Sq Ft
Source: Bay County Realtor® Association MLS

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 $1,559 $90,300 $0 $0
2024 $1,559 $86,400 $0 $0
2023 $2,711 $76,400 $0 $0
2022 $2,582 $67,800 $0 $0
2021 $1,579 $51,400 $0 $0
2020 $1,673 $50,400 $0 $0
2019 $1,656 $49,500 $0 $0
2018 -- $39,400 $39,400 $0
2017 -- $39,100 $0 $0
2016 -- $38,600 $0 $0
2013 -- $38,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50047170

Bay County Realtor® Association MLS

APN: 072-300-000-006-00