NOT LISTED FOR SALE

7981 North St Central Lake, MI 49622

Estimated Value: $159,000 - $207,000

3 Beds
1.5 Baths
1,200 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $152,000 $127 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $945/month

49 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating System
  • First Floor Utility Room
  • Shed
  • 2-minute walk to Thurston Park

About This Home

As of August 2024

IN TOWN LIVING! Excellent location in downtown Central Lake, walking distance to schools, library, Thurston Park, stores, banks, restaurants and distillery. This quaint property offers 3 bedrooms 1 1/2 bathrooms and is a perfect starter home or "up north" getaway retreat! Central Lake is located on the upper Chain O'Lakes and is within a short drive to Torch Lake, Charlevoix, Bellaire, Glacial Hills Pathway and Natural Area and so much more!

Last Agent to Sell the Property

Bryan Hardy

REO - Bellaire Listed on: 06/27/2024

REO - Bellaire

Last Buyer's Agent

Floyd Seal

Lakeside Properties Real Estate - Elk Rapids License #6501410762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7

Lot Details

  • 6,970

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Shed
  • Property is zoned Residential, commercial

Listing and Financial Details

  • Assessor Parcel Number 05-42-010-100-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$7

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/27/2024
  • Section: 23
  • Second Address Number: 7981
  • Directions: From Bellaire north on M88 into Central Lake to North Street (east) to house on right. Look for Real Estate One sign.
  • Price per Sq Ft: 126.67
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Range, Refrigerator
  • Total Finished Sq Ft: 1200
  • Master Bedroom: Dimensions: 14x10, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Crawl, Block, Slab
  • Dining Room: Dimensions: 10x18, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 14x18, On Level: Main
  • Above Grade Finished Sq Ft: 1200
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Central Lake
  • School District: Central Lake

Lot Info

  • Zoning: Residential, commercial

Tax Info

  • Assessor Parcel Number: 05-42-010-100-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 14, 2024
Sold by
Powell Richard A and Powell Debra A
Bought by
Byers Abigail and Ewald Gregory
Seller's Agent
Bryan Hardy
REO - Bellaire
Buyer's Agent
Floyd Seal
Lakeside Properties Real Estate - Elk Rapids
List Price
$139,900
Sold Price
$152,000
Premium/Discount to List
$12,100
8.65%
Views
86
Current Estimated Value
$173,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,153
Avg. Annual Appreciation
13.63%
Original Mortgage
$144,400
Outstanding Balance
$142,786
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$30,367

Purchase Details

Closed on
Dec 21, 2001
Bought by
Powell Debra A and Powell Richard A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Byers Abigail $152,000 Corporate Settlement Solutions
Powell Debra A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byers Abigail $144,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $152,000 +8.6% $127 / Sq Ft
06/27/2024 06/27/24 For Sale $139,900 -- $117 / Sq Ft
Source: Northern Michigan 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
2024 $7 $39,200 $0 $0
2023 $406 $42,000 $0 $0
2022 $348 $27,300 $0 $0
2021 $329 $25,400 $0 $0
2020 $322 $27,100 $0 $0
2019 $312 $19,400 $0 $0
2018 $773 $16,400 $0 $0
2017 $437 $16,400 $0 $0
2016 $302 $16,000 $0 $0
2015 -- $13,700 $0 $0
2014 -- $12,300 $0 $0
2013 -- $13,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 474194

Northern Michigan MLS

APN: 05-42-010-100-10