Sold for $452,500

$452,500

5334 E Martin Lake Dr, Gaylord, MI 49735

5beds

2,552sqft

Single Family Residence

Built in ----

1.81 Acres Lot

$489,400 Zestimate^®

$177/sqft

$3,098 Estimated rent

Home value

$489,400

$450,000 - $529,000

$3,098/mo

Zestimate^® history

Owner options

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$3,098/mo

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$3,098/mo

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$2,843/mo

Est. payment

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$2,843/mo

Est. payment

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What's special

Overhead doorsWooded acresRustic charmCement floorIn floor radiant heatClosed cell foam insulationWood accents

MARTIN LAKE - Make your memories in this spacious home sitting on 200 feet of lakefront and 1.8 wooded acres providing privacy and seclusion. This unique home features vaulted ceilings, wood accents, skylights, 2 fireplaces and tons of rustic charm. Main floor boasts primary bedroom with view of and access to lake, with amazing large bathroom suite. There are 4 addtional bedrooms , 2 full and one half baths. Expansive lakeside decking perfect for entertaining takes you to the waters edge . Walkout features family room , full bath , utility and storage . New Viessmann boiler in 2021 provides in floor radiant heat, newer roof insulated with closed cell foam, new septic in 2019. Pole barn has closed cell foam insulation, cement floor, electric and 2 overhead doors

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Primary bedroom

Level: First

Heating

Propane, Radiant Floor, Wood Stove

Appliances

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

Features

Ceiling Fan(s), Vaulted Ceiling(s), Split Bdrm Flr Plan
Flooring: Tile
Doors: Doorwall
Windows: Drapes
Basement: Partially Finished,Partial,Walk-Out Access

Interior area

Total structure area: 2,552
Total interior livable area: 2,552 sqft
Finished area above ground: 2,000

Property

Parking

Parking features: Garage
Has garage: Yes

Accessibility

Accessibility features: Covered Entrance

Features

Levels: Multi/Split
Patio & porch: Deck
Exterior features: Dock
Has spa: Yes
Spa features: Bath
On waterfront: Yes
Waterfront features: Lake
Body of water: Martin Lake

Lot

Size: 1.81 Acres
Dimensions: 200' x 396' x 200' x 289'
Features: Natural

Details

Additional structures: Pole Building
Parcel number: 06122000000700
Zoning: RR
Other equipment: TV Antenna

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Basement, Crawl

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: T31N R4W

Location

Region: Gaylord

Financial & listing details

Price per square foot: $177/sqft
Tax assessed value: $418,000
Annual tax amount: $973
Date on market: 10/8/2024
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Gravel, Maintained

Price history

Date	Event	Price
10/30/2024	Sold	$452,500+6.5%$177/sqft
Source: WWMLS #201832096 Report a problem
10/21/2024	Pending sale	$425,000$167/sqft
Source: WWMLS #201832096 Report a problem
10/8/2024	Listed for sale	$425,000+142.9%$167/sqft
Source: WWMLS #201832096 Report a problem
3/11/2015	Sold	$175,000-8.9%$69/sqft
Source: WWMLS #293258 Report a problem
9/11/2014	Listed for sale	$192,000$75/sqft
Source: Berkshire Hathaway HomeServices Michigan Real Estate - Gaylord #293258 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$973 -45.7%	$209,000 +51.6%
2024	$1,792 +33.8%	$137,900 +20.5%
2023	$1,340 -20.4%	$114,400 +9.8%
2022	$1,683 -10.6%	$104,200 +14.1%
2021	$1,881 -38.4%	$91,300 +9.2%
2020	$3,053 +64.1%	$83,600 +7.3%
2018	$1,860	$77,900 +0.8%
2017	--	$77,300 -1.7%
2016	--	$78,600 -29.9%
2013	--	$112,100 +4%
2012	--	$107,800 -3.7%
2011	--	$111,900