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5968 Silver Lake Dr, Lake, MI, 48632

$85,000

Home List Price

$1,009*

Closing Credit

2 Bedrooms
1 Full Bath
650 SqFt
$131/SqFt
House

Location

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5968 Silver Lake Dr, Lake$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1960
HeatingPropane, Forced Air, Wall Furnace
CoolingCeiling Fan(s)
WaterfrontWater Access, No Wake
MLS #50160052
Lot Size0.31 Acres
StatusActive

About 5968 Silver Lake Dr

Ready for your updates! This 2-bedroom home with lake access is located just off M-115 near the US-10 ramp and the Village of Farwell in Central Michigan. An easy and convenient location allows you to enjoy the natural beauty of the area and all of the recreational opportunities it provides outdoor enthusiasts. The 2-car garage and large corner lot make great spaces for recreational equipment storage. Optional and low-cost association membership provides access to 2-no wake inland lakes. High-speed internet connected. Listing agent related to seller.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1
  • Living Area: 650 SqFt

Listing Office:

  • Office Name: Century 21 Signature - Clare
  • Office Phone: (989) 386-7776
  • Listing Agent: Logan Bubar

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Cable/Internet Avail.

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Water Access, No Wake
  • Exterior: Fence Neighbor Owned

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Propane, Forced Air, Wall Furnace
  • Cooling: Ceiling Fan(s)

School Info

School District Information:

  • School District: Farwell Area Schools

Other

Directions Information:

  • Directions: M115 to Silver Lake Dr. Home on corner of Silver Lake & Apple Hill Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $131/SqFt

HOA Fees:

  • Amount: $75
  • Frequency: Annually
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Lake, MI

City

Med. Sold Price

$168.9K

Med. Price/SqFt

$134

Avg. Days On Market

63

# of Sold Homes

11

5968 Silver Lake Dr vs Lake

2 DAYS ON ROCKET

-61 Days

$85,000

-$83.9K Less

$131/SqFt

-$3 Less

KEY TAKEAWAY

This property is $83.9K less than the Median Sold Price and $3/SqFt less than other homes in Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Clare Gladwin Board of REALTORS
  • MLS Number: #50160052

Listing Office:

  • Office Name: Century 21 Signature - Clare
  • Office Phone: (989) 386-7776
  • Listing Agent: Logan Bubar

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. 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: 11/4/2024, 10:20:54 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 - $21,468
2020 - $18,942
2019 - $18,511
2018 - $16,796
2017 - $16,859

History based on county public records data.

Payment Calculator

$498

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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.

Nearby Schools

school-card-donut-1835901
4
/10

  • Farwell Elementary School

  • 268 E Ohio St

  • 6.35 miles

  • Public Magnet Grades KG-4

school-card-donut-1835902
4
/10

  • Clare Primary School

  • 205 E Wheaton Ave

  • 10.95 miles

  • Public District Grades KG-4

school-card-donut-1835903
3
/10

  • Robert M. Larson Elementary School

  • 455 W Spruce St

  • 11.43 miles

  • Public District Grades KG-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,417. Most Lake, MI residents have annual incomes less than $35k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5968 Silver Lake Dr

What is the listing price of this property?

The listing price of 5968 Silver Lake Dr property is $85,000.

What type of property is this?

The property 5968 Silver Lake Dr is a house located in Lake, Michigan, 48632.

Is this property for sale now?

Active Listing: 5968 Silver Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5968 Silver Lake Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5968 Silver Lake Dr is 650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5968 Silver Lake Dr is 1960.

Rocket Homes›Michigan›Clare County›Lake›48632›5968 Silver Lake Dr

This home is located at 5968 Silver Lake Dr in Lake, MI and zip code 48632. This 650 square foot home, which was built in 1960, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $85,000.

Lake, MI housing market in October 2024 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 6 sold below. The number of listings in Lake, MI decreased by 7.8% between September 2024 and October 2024. Listings spent 63 days on the market in October 2024, and had a median list price of $168,950 during the same period.

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

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