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5824 W Phelps Rd, Lake City, MI, 49651

$329,000

Home List Price

$3,907*

Closing Credit

7 Bedrooms
2 Full Baths, 1 Partial
3,400 SqFt
$97/SqFt
House
Schools Nearby

Location

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5824 W Phelps Rd, Lake City$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStone, Detached
Garage2 spaces
Year Built1950
HeatingPropane, Baseboard
CoolingGas
WaterfrontOther
FireplaceElectric
MLS #1920491
Lot Size10.00 Acres
StatusActive

About 5824 W Phelps Rd

Welcome to your own slice of wilderness paradise! This expansive 3,400 square foot home nestled on 10 acres offers unparalleled tranquility and natural beauty. With an abundance of wildlife and the occasional sighting of monster bucks, nature enthusiasts will find themselves in awe of the surrounding environment. Originally a boys' home, this property presents versatile opportunities, whether as a charming deer camp retreat, a lucrative Airbnb investment, or a spacious haven for a large family. Embrace the opportunity to escape the hustle and bustle of everyday life while generating additional income or creating lasting memories with loved ones in this idyllic setting. Don't miss out on the chance to make this remarkable property your own sanctuary. House comes furnished with beds, couches, tables, refrigerators. House excludes freezer and butcher block.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: Five Star Real Estate - Mitchell St Cadillac
  • Listing Agent: Justin Lewis

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Interior: Pantry, Drywall
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: None, Wood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Stone, Detached

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Propane, Baseboard
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Lake City High School, Public District Grades 9-12
  • Lake City Middle School, Public District Grades 6-8
  • Lake City Upper Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Head north on M-66 headed out of lake city. Turn Left on Morey road. Take a right onto W Phelps road. House will be located onto the south side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $97/SqFt

Tax Information:

  • Annual Amount: $3,675
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1920491

Listing Office:

  • Office Name: Five Star Real Estate - Mitchell St Cadillac
  • Listing Agent: Justin Lewis

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: 4/28/2024, 12:25:17 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$3,675$77,700
2020$3,675$78,900
2019$3,675$76,300
2018$3,675$77,700
2017$1,753$100,800

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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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.

Elementary School

school-card-donut-1774067
6
/10

  • Lake City Upper Elementary School

  • 251 Russell St

  • 8.08 miles

  • Public District Grades 3-5

Middle School

school-card-donut-1774068
4
/10

  • Lake City Middle School

  • 5534 W Davis Rd

  • 8.48 miles

  • Public District Grades 6-8

High School

school-card-donut-1774069
5
/10

  • Lake City High School

  • 251 Russell St

  • 8.08 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,992. The majority of Missaukee County, MI residents have income between $35k-100k annually. The majority of 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 5824 W Phelps Rd

What is the listing price of this property?

The listing price of 5824 W Phelps Rd property is $329,000.

What type of property is this?

The property 5824 W Phelps Rd is a house located in Lake City, Michigan, 49651.

Is this property for sale now?

Active Listing: 5824 W Phelps 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 5824 W Phelps Rd are:
Lake City Upper Elementary School: GreatSchools Rating 6/10
Lake City Middle School: GreatSchools Rating 4/10
Lake City High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,675 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5824 W Phelps Rd has 7 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5824 W Phelps Rd is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5824 W Phelps Rd is 1950.

Rocket Homes›Michigan›Missaukee County›Lake City›49651›5824 W Phelps Rd

This home is located at 5824 W Phelps Rd in Lake City, MI and zip code 49651. This 3,400 square foot home, which was built in 1950, sits on a 10.00 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $329,000.

Over 2 listings were sold over their listed price in March 2024 in Missaukee County, MI. In the same period over 4 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Missaukee County, MI between February 2024 and March 2024 increased by 22.2%. While the average time on the market in March 2024 was 57 days, the median list price was $215,000.

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

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