$224,000
$25K PRICE DROP

7963 E State St Central Lake, MI 49622

Estimated payment $1,288/month

Total Views 68,495
2 Beds
1.5 Baths
1,200 Sq Ft
$187 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • 1-minute walk to Thurston Park
  • Patio
  • Level Lot

About This Home

10% DISCOUNT FOR FULL PRICE CASH OFFER. Rare opportunity to own a solid downtown Central Lake building that can be used as a personal residence, commercial or office space, short- or long-term rental, or a combination of these. The upper one-bedroom apartment has had a history as a successful Airbnb, due in part to its efficiency and ideal location. Use the downstairs to accommodate even more guests with additional rooms and half bath. Or capitalize on foot traffic from the adjacent hardware, grocery store and post office by using the lower level for a business or office. Attached garage is partially insulated, with one overhead door leading to fresh asphalt parking area, and a second which opens onto a cozy courtyard. Efficient new gas boiler was installed in 2019, new roof in 2012. Two window a/c units, new asphalt in parking area, garage door new in 2021. Current long-term tenants will be vacating June 15, 2025.

Listing Agent

Kathleen Lightbody

Key Realty One-TC License #6501441119 Listed on: 04/29/2025

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 26x98
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1900
  • Construction: Brick
  • Section Number: 23
  • Year Updated: 2020
  • Year Renovated: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Window A/C Unit(s), Drapes, Curtain Rods, Natural Gas Water Heater, Smoke Alarms(s)
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 8x14, On Level: Upper Floor
  • Bedroom 2: Dimensions: 12.5x14, On Level: Lower Floor
  • Total Bathrooms: 1.5
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 8x10, On Level: Upper Floor
  • Family Room: On Level: Lower Floor
  • Kitchen: Dimensions: 8x10, On Level: Upper Floor
  • Living Room: Dimensions: 9x14, On Level: Lower Floor
  • Other Room: Dimensions: 6.5x7, On Level: Upper Floor
  • Estimated Above Ground Finished Sq Ft: 1200
  • Price Per Sq Ft: 186.67
  • Range: R 8W
  • Total Finished Sf Apx: 1200

Exterior Features

  • Exterior Features: Patio, Sidewalk
  • Exterior Finish: Brick
  • Foundation: Slab
  • Number Of Acres: 0.06
  • Road: Public Maintained, Concrete
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Heating Cooling Types: Hot Water, Baseboard, Window Air Conditioner
  • Laundry: Dimensions: 8x10, On Level: Lower Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Unknown
  • Water: Municipal

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Land Features: Level
  • Lot Dimensions: 26x98
  • Zoning Use Restrictions: Residential, Multi-Family, Commercial, Office

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 644
  • Total Taxes: 921
  • Winter Taxes: 277
  • Year Summer: 2024
  • Year Winter: 2024

MLS Schools

  • School District: Central Lake Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10 $40,800 $0 $0
2024 $10 $35,300 $0 $0
2023 $930 $35,300 $0 $0
2022 $815 $30,100 $0 $0
2021 $785 $26,500 $0 $0
2020 $776 $24,600 $0 $0
2019 $759 $18,400 $0 $0
2018 $954 $18,000 $0 $0
2017 $916 $17,000 $0 $0
2016 $752 $17,500 $0 $0
2015 -- $19,700 $0 $0
2014 -- $19,900 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Price Changed $224,000 -6.3% $187 / Sq Ft
07/02/2025 07/02/25 Price Changed $239,000 -4.0% $199 / Sq Ft
04/29/2025 04/29/25 For Sale $249,000 -- $208 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $25,000 --
Warranty Deed $70,000 Antrim County Title Inc
Deed $38,900 --
Source: Public Records

About the Listing Agent

Kathleen Lightbody

Key Realty One-TC

(231) 500-5860

Section Image

The joy of home ownership and enthusiasm for the real estate business started with the purchase of my first home, a little duplex in Grosse Pointe, Michigan. Since then, I've come to recognize the incredible financial stability that real estate can provide.

After 35+ years working downstate in sales & marketing, I returned "up north" in 2020. I'm thrilled to be back in my beloved Antrim County, and reconnected with family and the good people of Mancelona, and those wanting to embrace the

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    Go beyond the gated entrance, where a wooded winding drive delivers you to one of the largest parcels available on award winning Arnold Palmer-designed golf course, The Legend. Positioned on a graceful, elevated curve, this 3+ acre lot boasts nearly 300' of frontage on The Legend's 10th hole. Building at the height would provide majestic views and walkout convenience, or build further from the

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  • 401 Sunnyside St, Mancelona, MI 49659

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  • 4856 Mancelona Rd, Mancelona, MI 49659

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    Rare opportunity to own a beautiful 80-acre corner parcel 'just east of Mancelona. At the crossroads of Hwy 131 and M88, Mancelona is a bustling community experiencing a recent resurgence. Being in an unzoned township, this property lends itself to multiple residential, recreational and commercial opportunities. 445 yards frontage alongside busy Mancelona Road, and a depth of nearly twice that

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  • 2275 Wetzel Lake Rd, Mancelona, MI 49659

    $30,000 Sold Aug 07, 2025

    • Land
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    2.5+ wide open acres in unzoned Mancelona Township. Mobile home on property was manufactured in 1988, but has not been occupied in several years. Will require significant rehab or removal. Other structures/vehicles on property may have scrap value. Well/septic were known to work upon last occupancy but are not warranted.

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  • 131 E State St, Mancelona, MI 49659

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    • 3 Beds
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  • 10117 Otis Dr, Mancelona, MI 49659

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  • 403 E Calhoun St, Mancelona, MI 49659

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  • 9549 W Limits St, Mancelona, MI 49659

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    A classic turn-of-the-century farmhouse makes a lovely home on nearly a half-acre just outside the village of Mancelona. Entry with charming country touches leads to massive open kitchen on one side, and huge living space on the other. Two bedrooms upstairs, plus sizeable walk-in attic. Large basement includes third (non-conforming) bedroom. Southwest-facing sliding glass door lights the basement

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933021

Northern Great Lakes REALTORS® MLS

APN: 05-42-010-067-00