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11864 N Sherman Rd, Lake, MI, 48632

$214,000

Home List Price

$2,541*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$225/SqFt
House

Location

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11864 N Sherman Rd, Lake$214,000

Buyer Closing Credits

$2,541*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1978
HeatingPropane, Wall Furnace
CoolingCeiling Fan(s)
FireplaceFree Standing Fireplace
MLS #50161490
Lot Size10.20 Acres
StatusActive

About 11864 N Sherman Rd

Escape to nature with this fully furnished, cozy 2-bedroom, 1-bath cabin nestled on 10 private, wooded acres. Whether you're looking for a peaceful retreat or a year-round home, this property offers the perfect blend of comfort and seclusion. The detached 2-car garage offers ample storage, while the 10 wooded acres provides endless opportunities for hiking, hunting, or simply enjoying the natural beauty surrounding you. Just a few miles from Eight Point Lake boat launch.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 1
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Century 21 Signature - Clare
  • Office Phone: (989) 386-7776
  • Listing Agent: Shari Marhofer

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Furnished, Window Treatment(s)
  • Fireplace: Free Standing Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • 3D Tour: 11864 N Sherman Rd
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Lot Features

Lot Information:

  • Lot Size: 10.20 Acres

Utilities

Utilities Information:

  • Heating: Propane, Wall Furnace
  • Cooling: Ceiling Fan(s)

School Info

School District Information:

  • School District: Chippewa Hills School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,000
  • Price Per SqFt: $225/SqFt

Tax Information:

  • Annual Amount: $490
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake, MI.

Med. Sold Price

$149.5K

Med. Price/SqFt

$129

Avg. Days On Market

73

# of Sold Homes

17

11864 N Sherman Rd vs Lake

32 DAYS ON ROCKET

-41 Days

$214,000

+$64.5K More

$225/SqFt

+$96 More

KEY TAKEAWAY

This property is $64.5K more than the Median Sold Price and $96/SqFt more than other homes in Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Clare Gladwin Board of REALTORS
  • MLS Number: #50161490

Listing Office:

  • Office Name: Century 21 Signature - Clare
  • Office Phone: (989) 386-7776
  • Listing Agent: Shari Marhofer

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$490$28,700
2017$490$24,100

History based on county public records data.

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$1,136

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$708

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-898697
3
/10
  • Barryton Elementary School

  • 19701 30th Ave

  • 5.81 miles

  • Public District Grades PK-4

school-card-donut-898698
9
/10
  • Weidman Elementary School

  • 3311 N School Rd

  • 9.63 miles

  • Public Magnet Grades PK-4

school-card-donut-898699
4
/10
  • Farwell Elementary School

  • 268 E Ohio St

  • 10.28 miles

  • Public Magnet Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,232. Typical income of Lake, MI residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11864 N Sherman Rd

What is the listing price of this property?

The listing price of 11864 N Sherman Rd property is $214,000.

What type of property is this?

The property 11864 N Sherman Rd is a house located in Lake, Michigan, 48632.

Is this property for sale now?

Active Listing: 11864 N Sherman Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $490 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11864 N Sherman Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11864 N Sherman Rd is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11864 N Sherman Rd is 1978.

Rocket HomesMichiganClare CountyLake4863211864 N Sherman Rd

This home is located at 11864 N Sherman Rd in Lake, MI and zip code 48632. This 950 square foot home, which was built in 1978, sits on a 10.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $214,000.

While more than 1 listings in Lake, MI in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. The inventory of homes for sale in Lake, MI between October 2024 and November 2024 decreased by 8.5%. In November 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $149,500.

From Rocket Homes Real Estate and based on county public records data.

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