3 months on rocket

5420 Erickson Rd, Bear Lake, MI, 49614

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
1 Full Bath
1,851 SqFt
$108/SqFt
House

Location

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5420 Erickson Rd, Bear Lake$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1951
HeatingOil, Radiant
CoolingCeiling Fan(s)
BasementYes
MLS #67024039753
Lot Size4.54 Acres
StatusActive

About 5420 Erickson Rd

3 bedroom 1 bath home with just under 5 acres of privacy. Located at the end of Erickson Rd. within 3 miles of the beaches of Lake Michigan and 2 miles from 1800 acre all sports Bear Lake. The farm house still holds the charm of its potential. The open land is workable with mature trees around the perimeter, perfect for a hobby farm. The six outbuildings have many uses for either livestock, produce, workshop or storage for your boat or snowmobiles. You are a short drive from Arcadia, Onekama, Bear Lake and Frankfort with Arcadia Bluffs Golf Course. Manistee & Betsie River along with many inland lakes close by which are some of the best in the Midwest. If you are looking for quite peaceful living with everything Northern Michigan has to offer, this is the one.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1951
  • Stories: 2
  • Living Area: 1,851 SqFt

Listing Office:

  • Office Name: Coldwell Banker Professionals ALM Manistee
  • Office Phone: (231) 723-3555
  • Listing Agent: John Judge

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 4.54 Acres

Utilities

Utilities Information:

  • Heating: Oil, Radiant
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Onekama Middle/High School, Public District Grades 6-12

Other

Directions Information:

  • Directions: M-22 (Northwood Hwy) to 13mile, go East 1 mile to Erdman Rd., go South 1/2 mile to Erickson Rd., go East 1/2 mile. Property on North side of the road just before dead end. 5420 Erickson

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $108/SqFt
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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

5420 Erickson Rd vs Bear Lake

96 DAYS ON ROCKET

+14 Days

$199,000

-$96K Less

$108/SqFt

-$67 Less

KEY TAKEAWAY

This property is $96K less than the Median List Price and $67/SqFt less than other homes in Bear Lake, MI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Mason Oceana Manistee Board of REALTORS®
  • MLS Number: #67024039753

Listing Office:

  • Office Name: Coldwell Banker Professionals ALM Manistee
  • Office Phone: (231) 723-3555
  • Listing Agent: John Judge

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:20:53 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 - $88,600
2020 - $83,200
2019 - $76,800
2018 - $73,600
2017 - $78,100

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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.

High School

school-card-donut-2189016
7
/10

  • Onekama Middle/High School

  • 5016 Main St

  • 4.36 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,589. Residents of Bear Lake, MI typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5420 Erickson Rd

What is the listing price of this property?

The listing price of 5420 Erickson Rd property is $199,000.

What type of property is this?

The property 5420 Erickson Rd is a house located in Bear Lake, Michigan, 49614.

Is this property for sale now?

Active Listing: 5420 Erickson Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5420 Erickson Rd are:
Onekama Middle/High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 5420 Erickson Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5420 Erickson Rd is 1,851 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5420 Erickson Rd is 1951.

Rocket Homes›Michigan›Manistee County›Bear Lake›49614›5420 Erickson Rd

This home is located at 5420 Erickson Rd in Bear Lake, MI and zip code 49614. This 1,851 square foot home, which was built in 1951, sits on a 4.54 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $199,000.

The number of homes for sale in Bear Lake, MI decreased by 21.1% between September 2024 and October 2024. In October 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $295,000.

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

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