3 months on rocket

4236 W Phelps Rd, Lake City, MI, 49651

$324,900

Home List Price

$3,858*

Closing Credit

4 Bedrooms
2 Full Baths
1,920 SqFt
$169/SqFt
House

Location

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4236 W Phelps Rd, Lake City$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Circular, Private, Detached, Door Opener, Other, Heated, Finished Rooms, Plumbing, Concrete Floors, Pole Construction
Year Built1962
HeatingForced Air, Floor Furnace
CoolingCentral Air
WaterfrontNone
FireplaceFireplace(s), Wood, Pellet
MLS #1926585
Lot Size15.00 Acres
StatusActive
(Active U/C Taking Backups)

About 4236 W Phelps Rd

This 4-bedroom, 2-bath ranch-style home is a true gem, set on 15 acres of versatile land, just 15 minutes between Lake City and Kalkaska. Ideal for those looking to embrace a rural lifestyle, this property is also just 1/4 mile from the extensive ORV trail system, offering access to thousands of miles of trails. The home combines charming country aesthetics with modern efficiency, featuring a newly installed high-efficiency furnace and central air conditioning for year-round comfort. The kitchen is a highlight, exuding quaint country charm with a large walk-in pantry and a large island with stools. The spacious living room features a fireplace currently equipped for a pellet stove, which could be converted back to a wood-burning for a more traditional ambiance. The layout includes three bedrooms at one end with and full bath which seller is using the 3rd bedroom has an office, offering flexibility to suit your needs. The newly added master suite is located on the opposite side of the home, featuring a private full bath with a jet tub, providing a relaxing retreat. For those with a passion for mechanics, the property features a huge, heated pole barn with large doors, bathroom and kitchen, making it a perfect workspace/mancave. Additionally, there is a barn, offering ample space for storage or livestock. This property is ideal for running a hobby farm with plenty of room on the land, which has been farmed in the past. The presence of a second septic system and an electric pole adds convenience, making it an excellent spot for guests to hook up their RV. Situated close to the beautiful Manistee River, a 45-minute drive to Cadillac and just an hour from Traverse City, this location offers the best of both worlds—peaceful rural living with easy access to urban amenities. Whether you’re dreaming of starting a hobby farm, hosting guests, or simply enjoying the serenity of country life, this property provides a unique opportunity to make those dreams a reality.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, 1 Story
  • Year Built: 1962
  • Living Area: 1,920 SqFt

Listing Office:

  • Office Name: City2Shore Real Estate Northern Michigan
  • Office Phone: (231) 839-0077
  • Listing Agent: Tamara McLeod Helsel

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener, Washer, Dryer, Ceiling Fan(s), Water Heater
  • Interior: Jetted Tub, Foyer Entrance, Pantry, Island Kitchen, Formal Dining Room, Drywall
  • Fireplace: Fireplace(s), Wood, Pellet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Patio, Sidewalk, Countryside View, Covered Porch, Landscaped, Garden Area, Screened Porch, RV Parking, Vinyl, Brick

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, Circular, Private, Detached, Door Opener, Other, Heated, Finished Rooms, Plumbing, Concrete Floors, Pole Construction

Lot Features

Lot Information:

  • Lot: Cleared, Level, Rolling/Hilly
  • Lot Size: 15.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Floor Furnace
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Lake City, head north on Main St/M-66 toward Mitchell St for 8.5 miles. Turn right onto W Phelps Rd for 1 mile. Destination is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $1,524
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$234.9K

Med. Price/SqFt

$149

Avg. Days On Market

78

# of Sold Homes

9

4236 W Phelps Rd vs Lake City

114 DAYS ON ROCKET

+36 Days

$324,900

+$90K More

$169/SqFt

+$20 More

KEY TAKEAWAY

This property is $90K more than the Median Sold Price and $20/SqFt more than other homes in Lake City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1926585

Listing Office:

  • Office Name: City2Shore Real Estate Northern Michigan
  • Office Phone: (231) 839-0077
  • Listing Agent: Tamara McLeod Helsel

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: 12/22/2024, 1:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2005Home Sold
$145,000
Jun 30, 2005Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,524$88,000
2020$1,524$89,400
2019$1,524$86,600
2018$1,524$78,400
2017$1,146$75,300

History based on county public records data.

Payment Calculator

$1,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-843618
6
/10
  • Lake City Elementary School

  • 5534 W Davis Rd

  • 8.48 miles

  • Public District Grades KG-5

school-card-donut-843619
7
/10
  • Manton Consolidated Elementary School

  • 105 5th St

  • 11.13 miles

  • Public District Grades PK-4

school-card-donut-843620
7
/10
  • Fife Lake Elementary School

  • 108 Pierce St

  • 12.13 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,992. The most common annual income of people living in Lake City, MI is between $35k-100k. Typical family type 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 4236 W Phelps Rd

What is the listing price of this property?

The listing price of 4236 W Phelps Rd property is $324,900.

What type of property is this?

The property 4236 W Phelps Rd is a house located in Lake City, Michigan, 49651.

Is this property for sale now?

Active Listing: 4236 W Phelps 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 2021 is $1,524 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2005 for $145,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4236 W Phelps Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4236 W Phelps Rd is 1,920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4236 W Phelps Rd is 1962.

Rocket HomesMichiganMissaukee CountyLake City496514236 W Phelps Rd

This home is located at 4236 W Phelps Rd in Lake City, MI and zip code 49651. This 1,920 square foot home, which was built in 1962, sits on a 15.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $324,900.

Over 4 listings were sold over their listed price in November 2024 in Lake City, MI. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Lake City, MI between October 2024 and November 2024 decreased by 14.9%. While the average time on the market in November 2024 was 78 days, the median list price was $234,900.

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

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