5500 W Houghton Lake Rd, Lake City, MI, 49651

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5500 W Houghton Lake Rd, Lake City$225,000

Buyer Closing Credits

$2,672^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingBlacktop, Detached

Garage3 spaces

Year Built1920

HeatingForced Air

WaterfrontNone

FireplaceNone

MLS #1927226

Lot Size9.40 Acres

StatusActive
(Active U/C Taking Backups)

About 5500 W Houghton Lake Rd

Location Location Location.....Charming older farmhouse located just outside of the city limits. This home features a formal dining room, a large living room, and first-floor laundry. Need storage? This home has a 3 car garage and a two-story barn. Want to start a home business? Missaukee County has minimal zoning. Need room to roam or hunt? This property offers 9.4 acres of equal open/wooded.

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Property Details

Property Features

Property Information:

• Architectural Style: 1 Story
• Year Built: 1920
• Living Area: 1,344 SqFt

Listing Office:

• Office Name: EXIT Realty Land and Lakes
• Office Phone: (231) 839-6500
• Listing Agent: Sara Crawford Martinez

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Washer, Dryer
• Interior: Bay Window(s), Breakfast Nook, Mud Room, Formal Dining Room, Den/Study
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Countryside View, Vinyl

Parking Information:

• Garage Space: 3 spaces
• Attached Garage: No
• Parking: Blacktop, Detached

Lot Features

Lot Information:

• Lot: Cleared, Wooded, Level
• Lot Size: 9.40 Acres

Utilities

Utilities Information:

• Heating: Forced Air

Other

Directions Information:

• Directions: Light at M-55 & M-66 turn East and head towards Houghton Lake. Property is on the north side of the road. Corner of Decker Rd and M-55.

Price Information

Listing Price Info

Price Summary:

• List Price: $225,000
• Price Per SqFt: $167/SqFt

Tax Information:

• Annual Amount: $1,180
• Tax Year: 2021

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Housing Market Comparison

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

Lake City, MI

City

Med. Sold Price

$234.9K

Med. Price/SqFt

$149

Avg. Days On Market

78

# of Sold Homes

9

5500 W Houghton Lake Rd vs Lake City

91 DAYS ON ROCKET

+13 Days

$225,000

-$9.9K Less

$167/SqFt

+$18 More

KEY TAKEAWAY

This property is $9.9K less than the Median Sold Price and $18/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: #1927226

Listing Office:

• Office Name: EXIT Realty Land and Lakes
• Office Phone: (231) 839-6500
• Listing Agent: Sara Crawford Martinez

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: 12/18/2024, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,180	$59,600
2020	$1,180	$59,700
2019	$1,180	$62,100
2018	$1,180	$62,900
2017	$895	$65,200

History based on county public records data.

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**Disclosures

Rocket Homes›Michigan›Missaukee County›Lake City›49651›5500 W Houghton Lake Rd

This home is located at 5500 W Houghton Lake Rd in Lake City, MI and zip code 49651. This 1,344 square foot home, which was built in 1920, sits on a 9.40 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $225,000.

Lake City, MI housing market in November 2024 saw over 4 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The inventory of homes for sale in Lake City, MI between October 2024 and November 2024 decreased by 14.9%. In November 2024, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $234,900.

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