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136 Lake, Elk Rapids, MI, 49629

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths
1,680 SqFt
$223/SqFt
House

Location

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136 Lake, Elk Rapids$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Attached, Door Opener, Concrete Floors
Attached Garage2 spaces
Year Built1995
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontPublic Lake
FireplaceNone
MLS #1916528
Lot Size0.38 Acres
StatusActive

About 136 Lake

Welcome to wonderful Elk Rapids! This 3 bed/2 bath home boasts an updated kitchen, newer furnace, hot water heater, flooring and paint throughout as well as a primary suite with his and hers walk-in closets. Just a half mile from downtown and under a 10 minute walk to Short’s Brewing Company, The Village Market, and the Bass Lake park this property is conventionally located to all the amenities Elk Rapids has to offer including a short 15 minute drive to the Traverse City Horse Shows. This property has been used as a short term rental and has great income potential. Short term rentals are allowed with a license in the township of Elk Rapids. Don’t miss out on this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, 1 Story
  • Year Built: 1995
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: Five Star Real Estate - Front St TC
  • Listing Agent: Betsy Hill

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener, Washer, Dryer
  • Interior: Jetted Tub, Skylights, Walk-In Closet(s), Island Kitchen, Formal Dining Room, Great Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Public Lake
  • Exterior: Deck, Seasonal View, Porch, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Attached, Door Opener, Concrete Floors

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central
  • Cooling: Natural Gas, Central Air

Other

Directions Information:

  • Directions: Ames to Lake Street turn left, 136 Lake is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $223/SqFt
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Housing Market Comparison

See how this home compares to others in Elk Rapids, MI.

Med. Sold Price

$425K

Med. Price/SqFt

$280

Avg. Days On Market

44

# of Sold Homes

6

136 Lake vs Elk Rapids

412 DAYS ON ROCKET

+368 Days

$375,000

-$50K Less

$223/SqFt

-$57 Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $57/SqFt less than other homes in Elk Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1916528

Listing Office:

  • Office Name: Five Star Real Estate - Front St TC
  • Listing Agent: Betsy Hill

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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: 11/23/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-863002
7
/10
  • Lakeland Elementary School

  • 616 Buckley St

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-863003
7
/10
  • Old Mission Peninsula School

  • 2699 Island View Rd

  • 6.06 miles

  • Public Charter Grades KG-6

school-card-donut-863004
6
/10
  • Rapid City Elementary School

  • 5258 River Road

  • 7.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,951. Residents of Elk Rapids, MI typically earn less than $35k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 136 Lake

What is the listing price of this property?

The listing price of 136 Lake property is $375,000.

What type of property is this?

The property 136 Lake is a house located in Elk Rapids, Michigan, 49629.

Is this property for sale now?

Active Listing: 136 Lake is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 136 Lake has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 136 Lake is 1,680 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 136 Lake is 1995.

Rocket HomesMichiganAntrim CountyElk Rapids49629136 Lake

This home is located at 136 Lake in Elk Rapids, MI and zip code 49629. This 1,680 square foot home, which was built in 1995, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 07, 2023 and is currently priced at $375,000.

In October 2024 more than 1 listings in Elk Rapids, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of listings in Elk Rapids, MI increased by 10% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $425,000.

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

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