2 months on rocket

16640 Letteau Rd, Bear Lake, MI, 49614

$389,000

Home List Price

$4,619*

Closing Credit

2 Bedrooms
1 Bath
1,500 SqFt
$259/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

16640 Letteau Rd, Bear Lake$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Dirt, Detached, Carport
Garage4 spaces
Year Built1919
HeatingHot Water, Baseboard, Zoned, Wood
CoolingZoned
WaterfrontPond
FireplaceWood
MLS #1926447
Lot Size28.73 Acres
StatusActive

About 16640 Letteau Rd

4 generation Centennial Farm settled in the 1800's located just 3.5 miles E of LK Michigan near Arcadia in Pleasanton Twp. This homestead includes nearly 30 acres of crop & livestock pasture land, spring fed ponds, 1919 timber barn, large garage w loft, several outbuildings, 1500+ sq ft welcoming farm house, ALL on a quiet country road boosting spectacular westerly sunsets & breezy winds. Many updates over the years & operated as a horse/cattle farm; 4" well, new septic system just installed Aug 2024, new mechanicals (boiler system) in spring of 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Farm House, 1 Story
  • Year Built: 1919
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: REO-TCRandolph-233022
  • Office Phone: (231) 946-4040
  • Listing Agent: Barbara Hood

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Microwave, Freezer, Electric Water Heater
  • Interior: Built-In Bookcase, Mud Room
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • Exterior: Countryside View, Seasonal View, Porch, Aluminum, Vinyl

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Gravel, Dirt, Detached, Carport

Lot Features

Lot Information:

  • Lot: Farm, Level, Rolling/Hilly
  • Lot Size: 28.73 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Baseboard, Zoned, Wood
  • Cooling: Zoned

Other

Directions Information:

  • Directions: M 22 Arcadia, go east on Glovers LK RD to Letteau, go south of right to farm. From US 31 north of Bear Lake, take Glovers LK RD west to Letteau RD on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $259/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Bear Lake, MI

City

Med. List Price

$295K

Med. Price/SqFt

$174

Avg. Days On Market

82

16640 Letteau Rd vs Bear Lake

86 DAYS ON ROCKET

+4 Days

$389,000

+$94K More

$259/SqFt

+$84 More

KEY TAKEAWAY

This property is $94K more than the Median List Price and $84/SqFt more than other homes in Bear Lake, MI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1926447

Listing Office:

  • Office Name: REO-TCRandolph-233022
  • Office Phone: (231) 946-4040
  • Listing Agent: Barbara Hood

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: 11/21/2024, 12:20:52 PM 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
2021 - $60,800
2020 - $61,500
2019 - $60,200
2018 - $58,400
2017 - $59,600

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

Powered By

Rocket Mortgage

Advertisement

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-290991
6
/10

  • Bear Lake Elementary School

  • 7748 Cody St

  • 4.60 miles

  • Public District Grades PK-6

school-card-donut-290992
4
/10

  • Crystal Lake Elementary School

  • 7048 Severance St

  • 10.15 miles

  • Public Magnet Grades KG-5

school-card-donut-290993
6
/10

  • Frankfort Elementary School

  • 613 Leelanau Ave

  • 10.94 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,981. Residents of Bear Lake, MI typically earn between $35k-100k each year. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16640 Letteau Rd

What is the listing price of this property?

The listing price of 16640 Letteau Rd property is $389,000.

What type of property is this?

The property 16640 Letteau Rd is a house located in Bear Lake, Michigan, 49614.

Is this property for sale now?

Active Listing: 16640 Letteau Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 16640 Letteau Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16640 Letteau Rd is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16640 Letteau Rd is 1919.

Rocket Homes›Michigan›Manistee County›Bear Lake›49614›16640 Letteau Rd

This home is located at 16640 Letteau Rd in Bear Lake, MI and zip code 49614. This 1,500 square foot home, which was built in 1919, sits on a 28.73 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $389,000.

Between September 2024 and October 2024, Bear Lake, MI real estate market has seen decrease in the number of listings by 21.1%. In October 2024 median list price was $295,000 and the average listing age was 82 days.

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

More Resources