Pending
7875 Lake Street, Lake, MI 48632
$164,999
MLS # 20261049920 (Realcomp)
3 beds2 baths1,308 sqftBuilt 19260.34 acres
1 / 26
Listing Description
Welcome to this beautifully updated 3-bedroom, 1.5 bath home nestled on a secluded 0.34 acre lot in the heart of Lake, Michigan. Offering 1,308 square feet of comfortable living space, this move-in-ready home combines modern updates with peaceful surroundings.The remodeled kitchen (2021) features updated cabinetry, flooring, and newer appliances, creating a bright and functional space for everyday living and entertaining. Additional major improvements include a new furnace (2021), central air conditioning (2021), and a spacious new storage shed (2022), providing peace of mind for years to come.Step outside and enjoy the expansive wraparound deck overlooking the property's open green space perfect for relaxing, grilling, or entertaining family and friends. The secluded setting offers privacy while still being conveniently located near the area's lakes, trails, and outdoor recreation.An unfinished basement provides excellent storage or the opportunity to create additional living space to fit your needs. Whether you're looking for a full time residence, up-north getaway, or vacation home, this well-maintained property is ready for its next owner.Don't miss the opportunity to own this updated home with modern mechanicals, plenty of outdoor space, and a peaceful northern Michigan setting!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,308 sq ft home in Lake built in 1926.
Listed at $164,999 (about $126/sq ft).
Annual property taxes run approximately $1,417 ($118/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,308 sqft
Lot Size0.34 acres
Year Built1926
Stories2
Location
CityLake
MunicipalityGarfield Twp
Zip Code48632
CountyClare
School DistrictFarwell
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed6/30/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,417
Parcel #01353005700
Source: SparkMLS
Legal Description
T17N R6W SEC 23 7875 W LAKE ST LOTS 57 & 58 VILLAGE OF CROOKED LAKE.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Mark Wylie
Century 21 Curran & Oberski
Frequently Asked Questions about 7875 Lake Street, Lake, MI 48632
Which school district serves 7875 Lake Street, Lake, MI 48632?
Per MLS# 20261049920, 7875 Lake Street, Lake, MI 48632 is in the Farwell boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Farwell directly to confirm enrollment eligibility.
What financing options are available for 7875 Lake Street, Lake, MI 48632?
Per MLS# 20261049920, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7875 Lake Street, Lake, MI 48632?
Per public tax records, annual property taxes for this property are $1,417. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7875 Lake Street, Lake, MI 48632 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 7875 Lake Street, Lake, MI 48632 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 7875 Lake Street, Lake, MI 48632?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Garfield Twp police department or the Clare County sheriff's office.
Map
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Monthly payment$1,070
Principal & interest$1,070
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7875 Lake Street, Lake, MI 48632
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