Sold
7508 Townline Road, Lakeview, MI 48850
Sold on 06/05/2026 for$50,000
MLS # 26017304 (Michigan Regional Information Center (MichRIC))
2 beds1 bath924 sqftBuilt 19801.12 acres
1 / 3
Listing Description
Affordable opportunity with room to grow! This 2-bedroom, 1- bath modular home sits on 1.12 acres in a great location between popular Tamarack Lake and Townline Lake-perfect for those who love fishing, boating, and enjoying the outdoors. Featuring a durable metal roof only 2 years old and peaceful surroundings, this property offers plenty of potential for investors, first-time buyers, or anyone ready to add their personal touch. With a little work, this could be a cozy full-time residence, weekend getaway, or smart investment. Don't miss your chance to own acreage near two prime recreational lakes at an unbeatable price!
Source: SparkMLS
About this home
Located in Lakeview, this property offers 2-bedroom, 1-bath, 924 sq ft, with original construction dating to 1980.
Final sale price: $50,000 (about $54/sq ft).
Annual property taxes run approximately $379 ($32/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Homeworks Tri-County Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area924 sqft
Lot Size1.12 acres
Year Built1980
Stories1
Location
CityLakeview
MunicipalityCato Twp
Zip Code48850
CountyMontcalm
School DistrictLakeview
Construction & Systems
StyleRanch
ConstructionAluminum Siding
BasementOther
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorCeiling Fan(s)
Sale & Financing
Listed4/22/2026
Sold Date6/4/2026
Terms AcceptedCash, Conventional
Concessions$1,091
Source: SparkMLS
Tax Information
Annual Tax$379
Tax Year2025
State Equalized Value$27,200
Taxable Value$13,463
Assessed Value$13,463
Homestead (PRE)100%
Parcel #004-011-004-31
Source: Public Records
Legal Description
588-1184/1068-852 PART OF E 1/2 OF E 1/2 OF SE 1/4 OF NW 1/4 BEG AT SE COR THEREOF TH W 80 FT; N 544.5 FT; E 80 FT; S 544.5 FT TO POB ALSO INCL COM AT W 1/4 COR OF SEC 11; TH S 87 DEG E 2554.03 FT ALONG E-W 1/4 LINE TO POB; TH N 348.48 FT; S 87 DEG E 15 FT; S 348.48 FT; N 87 DEG W 15 FT TO P OF BEG SEC 11 T12N R8W 1.12 AC M/L
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Allyssa Angers
Greenridge Realty (Greenville)
Frequently Asked Questions about 7508 Townline Road, Lakeview, MI 48850
What school district is 7508 Townline Road, Lakeview, MI 48850 in?
Per MLS# 26017304, this property is served by Lakeview. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26017304, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26017304, the most recent reported annual property tax for 7508 Townline Road, Lakeview, MI 48850 is $379 (2025). 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.
Is 7508 Townline Road, Lakeview, MI 48850 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Homeworks Tri-County Electric Cooperative. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Cato Twp police department or the Montcalm County sheriff's office.
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Monthly payment$324
Principal & interest$324
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Homeworks Tri-County Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7508 Townline Road, Lakeview, MI 48850
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