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Sold for $187,400
  • $187,400

    501 S Lakeshore Dr, Lake City, MI 49651

    2beds
    936sqft
    Single Family Residence
    Built in 1968
    0.26 Acres Lot
    $196,300 Zestimate®
    $200/sqft
    $1,746 Estimated rent

    Home value

    $196,300

    Estimated sales range

    Not available

    $1,746/mo

    Zestimate® history
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    What's special

    Public miltner beachPrivate backyardHigh-efficiency furnaceSandy beachAir conditioningVanities in bathroomsOutdoor dining and entertaining
    Welcome to this charming well maintained 2 bedroom, 1.5 bath ranch home situated across from beautiful 1,880 all sports Lake Missaukee in the heart of Northern Michigan and conveniently located just three blocks from downtown, where shopping, restaurants, and entertainment are easily accessible. This would be an ideal spot for anyone looking to enjoy the benefits of city living but just on edge of town. This home offers a cozy setting with its private backyard providing a great space for outdoor dining and entertaining as you grill or enjoy smores around a campfire. There is a 1 1/2 attached garage with a carport, concrete driveway for convenient turn around to easily pullout and a 12x12 shed to store mower and outdoor items. Updates include: high-efficiency furnace, air conditioning added, newer double pane windows, carpet, vanities in bathrooms. This home is situated across the street from a public Miltner beach where a sandy beach is waiting for you to sink your toes in the sand, launch your kayak or paddleboard without the full cost of waterfront taxes. For investors this has been a very successful rental for the last several years. With it's move-in ready condition, you can simply unpack and start enjoying the four season fun that Lake City has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamara McLeod Helsel 231-920-6422,

    City2Shore Real Estate Northern Michigan 231-839-0077

    Bought with:

    Tamara McLeod Helsel, 6502410127

    City2Shore Real Estate Northern Michigan

    Source: NGLRMLS,MLS#: 1930029MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 100.24
    • Dimensions: 11.04 x 9.08
    Bedroom 2
    • Level: Main
    • Area: 88.54
    • Dimensions: 11.04 x 8.02
    Primary bathroom
    • Features: Shared
    Kitchen
    • Level: Main
    • Area: 130.88
    • Dimensions: 13.01 x 10.06
    Living room
    • Level: Main
    • Area: 281.44
    • Dimensions: 20.06 x 14.03
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven/Range, Disposal, Washer, Dryer, Exhaust Fan
    • Laundry: Main Level
    Features
    • Pantry, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, DSL, WiFi
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Blinds, Curtain Rods
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft
    • Finished area above ground: 936
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Carport, Paved, Concrete Floors, Concrete, Private
    • Garage spaces: 1
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Main Floor Access, Covered Entrance
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Waterfront features: All Sports, Sandy Bottom, Lake, Sandy Shoreline, Near Pub.Access w/in 500'
    Lot
    • Size: 0.26 Acres
    • Dimensions: 70 x 160
    • Features: Cleared, Level, Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: 05150001600
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding, Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: N/A
    HOA
    • Services included: None
    Location
    • Region: Lake City

    Financial & listing details

    • Price per square foot: $200/sqft
    • Tax assessed value: $39,772
    • Annual tax amount: $2,160
    • Price range: $187.4K - $187.4K
    • Date on market: 1/10/2025
    • Cumulative days on market: 129 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/19/2025Sold$187,400-1.3%$200/sqft
    Source: NGLRMLS #1930029 Report a problem
    5/13/2025Pending sale$189,900$203/sqft
    Source: NGLRMLS #1930029 Report a problem
    1/10/2025Listed for sale$189,900$203/sqft
    Source: NGLRMLS #1930029 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,139 +1.2%$86,700 +30.4%
    2024$2,114 $66,500 +22.9%
    2023-- $54,100 +18.1%
    2022-- $45,800 +18.3%
    2020-- $38,700 +14.5%
    2019$2,031 $33,800 +0.3%
    2018$2,031 +90.3%$33,700 -31.5%
    2017$1,067 $49,200 +2.5%
    2016$1,067 $48,000 +4.3%
    2015$1,067 $46,000 +30.7%
    2014$1,067 $35,200 -10.4%
    2013$1,067 $39,300 -6%
    2011$1,067 -2.1%$41,800 +6.6%
    2009$1,091 $39,200
    Find assessor info on the county website

    Neighborhood: 49651

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lake City Area School District

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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