Sold for $217,500

$217,500

5031 E Martin Lake Dr, Gaylord, MI 49735

3beds

960sqft

Single Family Residence

Built in 1964

0.46 Acres Lot

$220,200 Zestimate^®

$227/sqft

$1,674 Estimated rent

Home value

$220,200

Estimated sales range

Not available

$1,674/mo

Zestimate^® history

Owner options

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$1,674/mo

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$1,674/mo

Rent Zestimate^®

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$1,413/mo

Est. payment

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$1,413/mo

Est. payment

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What's special

Set on nearly half an acre, this thoughtfully updated ranch offers true main level living with a calm, refined feel throughout. The home features three bedrooms and one full bathroom, all conveniently located on a single level for effortless daily living. A brand new roof provides immediate value and long term peace of mind, while enhanced insulation with cellulose and spray foam creates a quiet, energy efficient environment year round. The attached garage adds everyday convenience, and a partially paved driveway enhances accessibility and curb appeal. Located just 10 minutes from downtown Gaylord, 15 minutes to Boyne Mountain, and 30 minutes to Petoskey, this home offers a perfect balance of privacy and connection. High speed internet supports remote work with ease.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Propane

Appliances

Included: Water Heater, Washer, Range/Oven, Microwave, Dryer, Dishwasher
Laundry: Main Level

Features

Flooring: Laminate
Windows: Blinds

Interior area

Total structure area: 960
Total interior livable area: 960 sqft
Finished area above ground: 960

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Frontage type: None

Lot

Size: 0.46 Acres
Dimensions: 200 x 100
Features: Natural

Details

Parcel number: 06002710000500

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Crawl

Condition

Year built: 1964

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: T31N R4W

Location

Region: Gaylord

Financial & listing details

Price per square foot: $227/sqft
Tax assessed value: $128,000
Annual tax amount: $1,105
Date on market: 4/16/2026
Listing terms: Cash,Conventional Mortgage,FHA,USDA/RD,VA Loan
Ownership: Owner
Road surface type: Paved, Maintained

Price history

Date	Event	Price
5/18/2026	Sold	$217,500$227/sqft
Source: WWMLS #201839300 Report a problem
4/20/2026	Contingent	$217,500$227/sqft
Source: WWMLS #201839300 Report a problem
4/16/2026	Listed for sale	$217,500+43.1%$227/sqft
Source: WWMLS #201839300 Report a problem
10/19/2022	Sold	$152,000$158/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,105 +3.2%	$64,000 +13.1%
2024	$1,071 +1.4%	$56,600 +10.5%
2023	$1,056 -20.9%	$51,200 +15.8%
2022	$1,335 +7.9%	$44,200 -0.9%
2021	$1,238 -41.3%	$44,600 +51.7%
2020	$2,109 +72.9%	$29,400
2018	$1,220	$29,400 +1.4%
2017	--	$29,000 -0.3%
2016	--	$29,100 +1%
2013	--	$28,800 -1.7%
2012	--	$29,300 -1%
2011	--	$29,600