Sold
8541 Satterlee Road, Lakeview, MI 48850
Sold on 08/05/2025 for$475,000
MLS # 25010344 (Michigan Regional Information Center (MichRIC))
3 beds2 baths3,325 sqftBuilt 200011.2 acres
1 / 46
Listing Description
The perfect setting for your country farm! Rurally set on over 11 acres, this 3 bedroom contemporary ranch home boasts a master suite + 2nd & 3rd bedrooms, open floor kitchen/ dining/ and living room, and laundry all on the main floor. Full walkout basement includes a non-conforming 4th bedroom, rec-room/ family room, and secured storage room that includes a built-in 80-gun safe. Home has back-up generator and is efficiently heated with LP Forced Air furnace/AC unit that includes hot water heat circulated through an exterior wood burner. Hot water is also used for the in-floor radiant heat in the 36x48(x16) finished pole barn, plumbed water, electric, and attached office area). Along with fenced pastures with water, property includes a 2nd pole barn is a 24x24 stall barn with tack room.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 3,325 sq ft home built in 2000 sits in Lakeview.
Closed at $475,000 (about $143/sq ft).
Estimated annual property tax: $6,261, or about $522 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 1,000 Mbps across 7 providers. 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
Bedrooms3
Bathrooms2
Living Area3,325 sqft
Lot Size11.2 acres
Year Built2000
Stories1
Location
CityLakeview
MunicipalityCato Twp
Zip Code48850
CountyMontcalm
School DistrictLakeview Community Schools (Montcalm)
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementFull, Walk-Out Access
Garage2 spaces
HeatingForced Air, Hot Water
WaterWell
SewerSeptic Tank
UtilitiesPhone Available, Electricity Available
InteriorGarage Door Opener, LP Tank Rented
Sale & Financing
Listed3/18/2025
Sold Date8/4/2025
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,261
Tax Year2024
Assessed Value$226,600
Parcel #00402000210
Source: SparkMLS
Legal Description
PART OF NW 1/4 OF SEC 20; DES AS COM AT SE COR OF NW 1/4; TH N 705 FT; W 300 FT; SW 1051 FT TO A PT THAT IS 1080 FT W OF POB; E 1080 FT TO P OF BEG SEC 20 T12N R8W 11.16 AC M/L
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Lane Leppink
Eagle Realty
Frequently Asked Questions about 8541 Satterlee Road, Lakeview, MI 48850
What school district is 8541 Satterlee Road, Lakeview, MI 48850 in?
Per MLS# 25010344, this property is served by Lakeview Community Schools (Montcalm). 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# 25010344, 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# 25010344, the most recent reported annual property tax for 8541 Satterlee Road, Lakeview, MI 48850 is $6,261 (2024). 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 8541 Satterlee 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.
Is fiber internet available at 8541 Satterlee Road, Lakeview, MI 48850?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
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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Mortgage Calculator
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Monthly payment$3,242
Principal & interest$3,242
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberGSO SatelliteFixed WirelessSatelliteDSLLicensed Fixed Wireless
7 providers at this address
HomeWorks ConnectFiber
1 GbpsStarlinkGSO Satellite
280 MbpsCMS InternetFixed Wireless
100 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsFrontierDSL
10 MbpsPoint Broadband Fiber Holding LLCLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Homeworks Tri-County Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
8541 Satterlee Road, Lakeview, MI 48850
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