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Pending
    • $239,900

    506 E Prospect St, Lake City, MI 49651

    4beds
    1,221sqft
    : 
    $1,633/mo
    Get pre-qualified
    Single Family Residence
    Built in 1974
    10,018 Square Feet Lot
    $239,200 Zestimate®
    $196/sqft
    $-- HOA

    What's special

    Fenced backyardFresh paint throughoutUpdated light fixturesLarge double corner lotNew laminate flooringUpdated carpeting
    Well-maintained 4-bedroom, 1.5-bath ranch home situated on a large double corner lot in a desirable Lake City neighborhood! Enjoy the convenience of in-town living just a short walk from beautiful Lake Missaukee's quarter-mile sandy beach, pickleball, tennis and basketball courts, skateboard park, library, downtown shopping, dining, and the beloved Tasty Treat. The large front and side yards provide plenty of room to enjoy the outdoors. A fire pit and campfire area on the west side of the garage are perfect for evening gatherings, while the cozy patio between the home and detached garage creates an inviting space for entertaining, summer barbecues, morning coffee, or relaxing with family and friends. Located on a quiet street across from a church, this home also features a fenced backyard and a 28' x 24' detached garage with workshop, providing excellent storage and workspace. Recent updates include a mudroom closet off the front entry, refreshed kitchen cabinets with a stylish backsplash, completely remodeled full and half bathrooms, new laminate flooring, updated carpeting, fresh paint throughout, updated light fixtures, added gutters, and a newer furnace with central air conditioning. The functional floor plan offers four bedrooms and one-and-a-half baths, while the full unfinished basement provides excellent storage and future finishing potential. Conveniently located just one block from the elementary school and four blocks from downtown, this move-in-ready home offers comfort, convenience, and small-town charm in one exceptional package.
    32 days
    |
    376
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamara McLeod Helsel 231-920-6422,

    City2Shore Real Estate Northern Michigan 231-839-0077

    Source: NGLRMLS,MLS#: 1947299MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 4
      Rooms
      • Room types: Dining Room
      Primary bedroom
      • Level: Main
      • Area: 136.24
      • Dimensions: 13.1 x 10.4
      Bedroom 2
      • Level: Main
      • Area: 100.57
      • Dimensions: 11.3 x 8.9
      Bedroom 3
      • Level: Main
      • Area: 128.96
      • Dimensions: 12.4 x 10.4
      Bedroom 4
      • Level: Main
      • Area: 106.8
      • Dimensions: 12 x 8.9
      Primary bathroom
      • Features: Shared
      Dining room
      • Level: Main
      • Area: 94.5
      • Dimensions: 10.5 x 9
      Kitchen
      • Level: Main
      • Area: 91.46
      • Dimensions: 9.1 x 10.05
      Living room
      • Level: Main
      • Area: 273.48
      • Dimensions: 21.2 x 12.9
      Heating
      • Forced Air, Floor Furnace, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
      • Laundry: Lower Level
      Features
      • Entrance Foyer, Walk-In Closet(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet
      • Flooring: Laminate, Carpet, Concrete
      • Windows: Blinds, Drapes, Curtain Rods
      • Basement: Full,Daylight,Unfinished,Interior Entry
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,221
      • Total interior livable area: 1,221 sqft
      • Finished area above ground: 1,221
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Paved, Concrete Floors, Concrete, Private
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Covered
      • Exterior features: Sidewalk, Rain Gutters
      • Fencing: Fenced
      • Has view: Yes
      • View description: Countryside View
      • Waterfront features: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 100 x 100
      • Features: Corner Lot, Level, Landscaped
      Details
      • Additional structures: None
      • Parcel number: 05123500100
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Aluminum Siding
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: Reeder's 3rd Addition
      HOA
      • Services included: None
      Location
      • Region: Lake City

      Financial & listing details

      • Price per square foot: $196/sqft
      • Tax assessed value: $61,016
      • Annual tax amount: $2,153
      • Price range: $239.9K - $239.9K
      • Date on market: 6/29/2026
      • Cumulative days on market: 35 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $239,200

        $227,000 - $251,000

        $1,989/mo

        Price history

        DateEventPrice
        7/29/2026Pending sale$239,900$196/sqft
        Source: NGLRMLS #1947299 Report a problem
        6/29/2026Listed for sale$239,900+91.9%$196/sqft
        Source: NGLRMLS #1947299 Report a problem
        10/9/2020Sold$125,000+131.5%$102/sqft
        Source: NGLRMLS #1877602 Report a problem
        4/29/2016Sold$54,000$44/sqft
        Source: WWMLS #21120856 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,077 +4.6%$78,900 +4.4%
        2024$1,986 $75,600 +13.3%
        2023-- $66,700 +26.8%
        2022-- $52,600 +12.4%
        2020-- $46,800 +7.8%
        2019$1,629 $43,400 +1.9%
        2018$1,629 $42,600 -0.7%
        2017-- $42,900 +16.6%
        2016-- $36,800 +16.5%
        2015-- $31,600
        2014-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49651

        Getting around

        42 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        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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