Sold

518 S Houghton Street, Lake City, MI 49651

Sold on 09/30/2019 for$144,000

MLS # 19042329 (Michigan Regional Information Center (MichRIC))

4 beds2 baths1,700 sqftBuilt 19770.39 acres

Listing Description

Highly sought-after location! This adorable ranch home is not far from the city beach with a glimpse of Lake Missaukee. Offering 1,700 square feet of living space, 3 bedrooms, 1.5 bathrooms and partially finished basement with huge family room and pool table. The galley kitchen was recently remodeled with hickory cabinets, granite countertops, and stainless steel appliances. Beautiful hickory hardwood floors throughout! Large fenced yard with mature trees, raspberry bushes, 2 storage sheds, deck and hot tub. Oversized (27x30) 2-stall garage has built-in mudroom with main floor laundry as well as plenty of space for a workshop up front. Roof was replaced two years ago. Immediate occupancy!

Source: SparkMLS

About this home

This 4-bedroom, 2-bath, 1,700 sq ft home built in 1977 sits in Lake City in Lake City.

Closed at $144,000 (about $85/sq ft).

Annual property taxes run approximately $1,315 ($110/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.

Broadband is available with download speeds up to 1,000 Mbps from 6 providers. Electric service is provided by Consumers Energy Company.

Listing Property Details

Property TypeResidential

Property SubtypeSingle Family Residence

Bedrooms4

Bathrooms2

Living Area1,700 sqft

Lot Size0.39 acres

Year Built1977

Stories1

Location

CityLake City

MunicipalityReeder Twp

Zip Code49651

CountyMissaukee

School DistrictLake City Area School District

Construction & Systems

StyleRanch

ConstructionAluminum Siding

BasementFull

Garage2 spaces

HeatingForced Air

WaterPublic

SewerPublic

UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer

InteriorBroadband, Garage Door Opener, Hot Tub Spa

Sale & Financing

Listed8/29/2019

Sold Date9/29/2019

Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional

Source: SparkMLS

Tax Information

Annual Tax$1,315

Tax Year2018

Assessed Value$35,350

Parcel #05150009900

Source: SparkMLS

Legal Description

Lot 99 & S 1/2 of Lot 98 Miltner's Add.

Property Records

USDA Rural Development: Eligible — 0% Down Payment Available

Verify eligibility at USDA

Listed by Sara Hoffman

Coldwell Banker Schmidt Cadillac

Frequently Asked Questions about 518 S Houghton Street, Lake City, MI 49651

What school district is 518 S Houghton Street, Lake City, MI 49651 in?

Per MLS# 19042329, this property is served by Lake City Area School District. In Michigan, school district boundaries are set by the state and do not always follow city limits.

What financing options are available for 518 S Houghton Street, Lake City, MI 49651?

Per MLS# 19042329, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.

How much are property taxes for this home?

Per MLS# 19042329, the most recent reported annual property tax for 518 S Houghton Street, Lake City, MI 49651 is $1,315 (2018). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.

MI Property Tax Estimator

Is 518 S Houghton Street, Lake City, MI 49651 eligible for USDA financing?

Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.

USDA Eligibility Map

Is fiber internet available at 518 S Houghton Street, Lake City, MI 49651?

Per FCC Broadband Data Collection filings, fiber internet is not currently available at 518 S Houghton Street, Lake City, MI 49651. The maximum advertised download speed is 1.0 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.

FCC Broadband Map

Who are the utility providers for this property?

Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.

Consumers Energy Company Consumers Energy Company MI Public Service Commission

How safe is this area?

For crime and public safety data, we recommend inquiring directly with the Reeder Twp police department or the Missaukee County sheriff's office.

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Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$940

Principal & interest$940

Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.

Internet

Download

1 Gbps

Upload

35 Mbps

CableGSO SatelliteSatelliteLicensed Fixed WirelessDSL

6 providers at this address

SpectrumCable

1 Gbps

StarlinkGSO Satellite

280 Mbps

Viasat IncSatellite

150 Mbps

HughesNetSatellite

100 Mbps

T-MobileLicensed Fixed Wireless

100 Mbps

BrightspeedDSL

10 Mbps

FCC Broadband Data Collection (Dec 2025). Max advertised speeds.

Utilities

Consumers Energy Company

Investor-Owned

800-477-5050 Web

Consumers Energy Company

Investor-Owned

800-477-5050 Web

MI Public Service Commission service territory boundaries.

Property

518 S Houghton Street, Lake City, MI 49651

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Municipality

Lake City

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Listing Description

Source: SparkMLS

About this home

This 4-bedroom, 2-bath, 1,700 sq ft home built in 1977 sits in Lake City in Lake City.

Closed at $144,000 (about $85/sq ft).

Annual property taxes run approximately $1,315 ($110/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.

Broadband is available with download speeds up to 1,000 Mbps from 6 providers. Electric service is provided by Consumers Energy Company.

Listing Property Details

Property TypeResidential

Property SubtypeSingle Family Residence

Bedrooms4

Bathrooms2

Living Area1,700 sqft

Lot Size0.39 acres

Year Built1977

Stories1

Location

CityLake City

MunicipalityReeder Twp

Zip Code49651

CountyMissaukee

School DistrictLake City Area School District

Construction & Systems

StyleRanch

ConstructionAluminum Siding

BasementFull

Garage2 spaces

HeatingForced Air

WaterPublic

SewerPublic

UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer

InteriorBroadband, Garage Door Opener, Hot Tub Spa

Sale & Financing

Listed8/29/2019

Sold Date9/29/2019

Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional

Source: SparkMLS

Frequently Asked Questions about 518 S Houghton Street, Lake City, MI 49651

What school district is 518 S Houghton Street, Lake City, MI 49651 in?

Per MLS# 19042329, this property is served by Lake City Area School District. In Michigan, school district boundaries are set by the state and do not always follow city limits.

What financing options are available for 518 S Houghton Street, Lake City, MI 49651?

How much are property taxes for this home?

MI Property Tax Estimator

Is 518 S Houghton Street, Lake City, MI 49651 eligible for USDA financing?

USDA Eligibility Map

Is fiber internet available at 518 S Houghton Street, Lake City, MI 49651?

FCC Broadband Map

Who are the utility providers for this property?

Consumers Energy Company Consumers Energy Company MI Public Service Commission

How safe is this area?

For crime and public safety data, we recommend inquiring directly with the Reeder Twp police department or the Missaukee County sheriff's office.