1 month on rocket

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

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath
1,344 SqFt
$167/SqFt
House

Location

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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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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Detached
Garage3 spaces
Year Built1920
HeatingForced Air
WaterfrontNone
FireplaceNone
MLS #1927226
Lot Size9.40 Acres
StatusActive

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.

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.

Med. Sold Price

$234.9K

Med. Price/SqFt

$148

Avg. Days On Market

74

# of Sold Homes

10

5500 W Houghton Lake Rd vs Lake City

59 DAYS ON ROCKET

-15 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: 11/15/2024, 11:55:50 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$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.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-28453
6
/10
  • Lake City Elementary School

  • 5534 W Davis Rd

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-28454
7
/10
  • McBain Elementary School

  • 107 E Maple St

  • 9.99 miles

  • Public District Grades PK-5

school-card-donut-28455
7
/10
  • Manton Consolidated Elementary School

  • 105 5th St

  • 10.49 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,500. The most common annual income of people living in Lake City, MI is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5500 W Houghton Lake Rd

What is the listing price of this property?

The listing price of 5500 W Houghton Lake Rd property is $225,000.

What type of property is this?

The property 5500 W Houghton Lake Rd is a house located in Lake City, Michigan, 49651.

Is this property for sale now?

Active Listing: 5500 W Houghton Lake 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 $1,180 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5500 W Houghton Lake Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5500 W Houghton Lake Rd is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 W Houghton Lake Rd is 1920.

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 October 2024 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The inventory of homes for sale in Lake City, MI between September 2024 and October 2024 decreased by 17.2%. In October 2024 median list price was $234,900 and the average listing age was 74 days.

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

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