21 days on rocket

6240 W Lotan Rd, Lake City, MI, 49651

$245,000

Home List Price

$2,909*

Closing Credit

3 Bedrooms
1 Full Bath
966 SqFt
$254/SqFt
House

Location

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6240 W Lotan Rd, Lake City$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Attached
Attached Garage1 space
Year Built1980
HeatingForced Air
WaterfrontNone
FireplaceNone
MLS #1929320
Lot Size9.68 Acres
StatusActive

About 6240 W Lotan Rd

Discover your Northern Michigan dream property! This charming 3-bedroom, 1-bath ranch is situated on nearly 10 acres of mixed open land and hardwoods, offering endless possibilities for outdoor enthusiasts and hunters alike. Recent updates include a new furnace, newer windows, updated siding, and a durable metal roof—ensuring comfort and peace of mind for years to come. The owned propane tank allows you to shop for the best rates. Conveniently located just outside Lake City, this home is a short drive to McBain, Cadillac, Lake Missaukee, and the local golf course. With a full basement for future expansion, an attached garage, and unbeatable privacy, this property is perfect for a year-round residence or a serene Up North retreat. Don’t miss this opportunity to enjoy all that Northern Michigan has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1980
  • Living Area: 966 SqFt

Listing Office:

  • Office Name: City2Shore Real Estate Northern Michigan
  • Office Phone: (231) 839-0077
  • Listing Agent: Jaimie Fellows-Garno

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior: Pantry
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Countryside View, Porch, Vinyl

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Gravel, Attached

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 9.68 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: From Cadillac E M55 ; North M66 towardsLake City; Lotan Road short distance down55: Go West on Lotan Road, 1.4 Mile on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $1,156
  • Tax Year: 2021
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Housing Market Comparison

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

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Lake City, MI

City

Med. Sold Price

$234.9K

Med. Price/SqFt

$149

Avg. Days On Market

78

# of Sold Homes

9

6240 W Lotan Rd vs Lake City

21 DAYS ON ROCKET

-57 Days

$245,000

+$10.1K More

$254/SqFt

+$105 More

KEY TAKEAWAY

This property is $10.1K more than the Median Sold Price and $105/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: #1929320

Listing Office:

  • Office Name: City2Shore Real Estate Northern Michigan
  • Office Phone: (231) 839-0077
  • Listing Agent: Jaimie Fellows-Garno

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.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,156$40,500
2020$1,156$38,700
2019$1,156$36,400
2018$1,156$31,300
2017$1,143$30,500

History based on county public records data.

Payment Calculator

$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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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-4498645
6
/10

  • Lake City Elementary School

  • 5534 W Davis Rd

  • 3.59 miles

  • Public District Grades KG-5

school-card-donut-4498646
7
/10

  • McBain Elementary School

  • 107 E Maple St

  • 5.99 miles

  • Public District Grades PK-5

school-card-donut-4498647
7
/10

  • Franklin Elementary School

  • 505 Lester St

  • 8.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,846. Residents of Lake City, MI typically earn between $35k-100k each year. Typical family type is 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 6240 W Lotan Rd

What is the listing price of this property?

The listing price of 6240 W Lotan Rd property is $245,000.

What type of property is this?

The property 6240 W Lotan Rd is a house located in Lake City, Michigan, 49651.

Is this property for sale now?

Active Listing: 6240 W Lotan 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 $1,156 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 6240 W Lotan Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 6240 W Lotan Rd is 966 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6240 W Lotan Rd is 1980.

Rocket Homes›Michigan›Missaukee County›Lake City›49651›6240 W Lotan Rd

This home is located at 6240 W Lotan Rd in Lake City, MI and zip code 49651. This 966 square foot home, which was built in 1980, sits on a 9.68 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $245,000.

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. In November 2024 in Lake City, MI there were 14.9% less homes for sale than in October 2024. Listings spent 78 days on the market in November 2024, and had a median list price of $234,900 during the same period.

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

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