$239,000
$10K PRICE DROP

7963 E State St Central Lake, MI 49622

Estimated payment $1,324/month

Total Views 45,399
0 Acre
-- Price per Acre
0 Sq Ft Lot

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Living Room
  • Lower Floor Utility Room
  • Patio
  • 1-minute walk to Thurston Park

About This Lot

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. One-bedroom upper apt has a history as a successful Airbnb, due in part to its efficiency and ideal location. Downstairs accommodates even more guests with additional rooms and half bath. Or capitalize on foot traffic from nearby 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 second which opens onto a cozy courtyard. Efficient new gas boiler in 2019, new roof in 2012. Current long term tenants vacate 6/15/25.

Listing Agent

Kathleen Lightbody

Key Realty - TC License #6501441119 Listed on: 04/30/2025

Key Realty - TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 26x98
  • Property is zoned MultiUse

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Assessor Parcel Number 05-42-010-067-00
  • Tax Block 23

Community Details

Overview

  • No Home Owners Association
  • T31n R6w Subdivision

Recreation

  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$10

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: From M88 in downtown Central Lake, take State Street East. Building is on the first block on the right (south) side of State St.
  • Garage Yn: Yes
  • Lot Size: 26x98
  • Prop. Type: Residential
  • Bedroom 1 Level: upper
  • Bedroom 2 Level: Lower
  • Dining Room Level: upper
  • Kitchen Level: upper
  • Living Room Level: upper
  • Year Built: 1900
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Lower Level
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Dryer
  • Co List Office Phone: 313-587-6677
  • MLS Status: Active
  • Subdivision Name: T31N R6W
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: 2+ Story
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • General Property Information Lot Size Dimensions: 26x98
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Natural Gas4: Yes
  • Appliances Equipmt Curtain Rods: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Baseboard2: Yes
  • Appliances Equipmt Drapes: Yes
  • HeatingAir Hot Water3: Yes
  • Location Tax and Legal Zoning2: MultiUse
  • Water Municipal3: Yes
  • Sewer Municipal4: Yes
  • Foundation:Slab: Yes
  • LaundryLaundryLowerLevel: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: None
  • Interior Amenities: Curtain Rods, Drapes
  • Utility Room Level: lower
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Patio/Porch
  • Construction Type: Brick
  • Foundation Details: Slab
  • Exterior Features PatioPorch: Yes
  • Exterior Brick2: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Municipal
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Junior High Dist: Central Lake

Lot Info

  • Zoning: MultiUse
  • Parcel Number: 05-42-010-067-00

Tax Info

  • Tax Block: 23

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
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
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: Water Wonderland Board of REALTORS®

Purchase History

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

About the Listing Agent

Kathleen Lightbody

Key Realty - 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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  • 2275 Wetzel Lake Rd, Mancelona, MI 49659

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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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  • 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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  • 131 E State St, Mancelona, MI 49659

    $104,000 Sold Jul 10, 2025

    • 3 Beds
    • 1 Bath
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    New Lower Price: $120k plus $12k concessions. Sitting proudly in the Village of Mancelona for more than 100 years, this home is ready for its next owner to restore its original splendor. Three good-sized bedrooms upstairs and a nicely updated full bath on the main level. Additions over the years have increased its footprint significantly. Located just down the street from Railroad Park and the

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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: Water Wonderland Board of REALTORS®

MLS Number: 201834294

Water Wonderland Board of REALTORS®

APN: 05-42-010-067-00