NOT LISTED FOR SALE

9185 Gibson Ave Lake, MI 48632

Estimated Value: $242,502 - $322,000

4 Beds
1 Bath
1,293 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2021

Last sale price $172,500 $133 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,926 / mo

126 Days on Market

Highlights

  • Access To Lake
  • Main Floor Bedroom
  • Porch
  • 54 Acre Lot
  • Farmhouse Style Home
  • Living Room

About This Home

As of November 2021

Large 4 bedroom, 1 full bath older farm house that does need work, but has potential. 1293 sq ft 2 story home with full unfinished basement and a 24x36 possible garage/workshop area with a studio apartment on roadside. Perfectly located on 54 mostly wooded acres and borders US-10 and Gibson Ave, which are both paved roads. Possible great location for a potential business. Nice recreational area with the property bordering the Pere Marquette Trail system, along with access to all sports Perch Lake DNR boat launch, which is right around the corner. Does currently have natural gas and cable tv/internet is available. Sellers are selling in the as is condition, no utilities are on. Buyers may need to finance as an improved vacant land or pay cash.

Last Agent to Sell the Property

Shannon Cummings

CUMMINGS REALTY License #CGBOR-6506045736 Listed on: 06/28/2021

Last Buyer's Agent

Shannon Cummings

CUMMINGS REALTY License #CGBOR-6506045736 Listed on: 06/28/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 54 Acre Lot
  • Lot Dimensions are 1312x1295x2326x1504

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • Shingle Siding

Interior Spaces

  • 1,293 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Workshop in Garage

Outdoor Features

  • Access To Lake
  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 013-023-102-04

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

54 Acres

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1951.29
  • Total Tax Year: 2020
  • Year Built: 1950
  • Mail City: Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement: Walk Out, Poured, Unfinished
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 9 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 11 x 15
  • Bedroom 4: On Upper Floor, Dimensions: 12 x 13
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 5 x 9, On Level: Main
  • Room Types: First Floor Bedroom, Living Room
  • Dining Room: On Main Floor, Dimensions: 12 x 15
  • Kitchen: On Main Floor, Dimensions: 10 x 14
  • Laundry: In Basement
  • Living Room: On Main Floor, Dimensions: 11 x 15
  • Below Grade Sq Ft: 840
  • Above Grade Finished Sq Ft: 1293
  • Total Finished Sq Ft: 1293

Exterior Features

  • Exterior: Shingle Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 2607
  • Road: City/County, Paved Street
  • Water Features: Lake/River Access
  • Frontage Type: Road

Garage/Parking

  • Garage: Workshop
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 013-023-102-04
  • Zoning: Residential
  • Lot Dimensions: 1312x1295x2326x1504
  • Acreage: 54
  • Geo Subdivision: MI

Rental Info

  • Pet Restriction: No Restrictions

Tax Info

  • Summer Tax: Year: 2020, Amount: $482.40
  • Winter Tax: Year: 2020, Amount: $1,468.89
  • Total Tax: Year: 2020, Amount: $1,951.29

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Oct 29, 2021
Sold by
Watkins John R
Bought by
Hooks Kevin and Hooks Anna
Seller's Agent
Shannon Cummings
CUMMINGS REALTY
Buyer's Agent
Shannon Cummings
CUMMINGS REALTY
List Price
$199,900
Sold Price
$172,500
Premium/Discount to List
-$27,400
-13.71%
Current Estimated Value
$293,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,001
Avg. Annual Appreciation
12.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hooks Kevin $172,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $172,500 -13.7% $133 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $199,900 -- $155 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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 $4,139 $124,100 $59,800 $64,300
2024 $4,035 $119,700 $52,000 $67,700
2023 $462 $101,000 $42,800 $58,200
2022 $462 $84,800 $42,800 $42,000
2020 $1,687 $76,700 $0 $0
2019 -- $75,000 $0 $0
2018 $1,780 $69,400 $0 $0
2017 $453 $72,000 $0 $0
2016 $449 $70,300 $0 $0
2015 -- $72,700 $0 $0
2014 -- $73,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50046652

Clare Gladwin Board of REALTORS®

APN: 013-023-102-04

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