This place has a park like setting on Chain Lake. Ample parking, quiet area, and mature trees. This 2 story has sleeping for many, view of the lake, and an outdoor seating area. This historical hotel has some stories to tell. Fix it up, build a dream home, or use as is.
Sold for $190,000
$190,000
7077 Chain Lake Dr, South Branch, MI 48761
5beds
2,558sqft
Single Family Residence, Apartment
Built in 1919
-- sqft lot
$187,700 Zestimate®
$74/sqft
$1,745 Estimated rent
Home value
$187,700
$156,000 - $223,000
$1,745/mo
Zestimate® history
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List your homeWhat's special
Mature treesOutdoor seating areaAmple parkingQuiet area
Zillow last checked:
Listing updated:
Listed by:
MICHELLE BASSI 989-274-5095,
CAROLE WILSON REAL ESTATE 989-728-0382
Bought with:
MICHELLE BASSI, 6501266457
CAROLE WILSON REAL ESTATE
Source: NGLRMLS,MLS#: 1936291
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Area: 156
- Dimensions: 12 x 13
Primary bathroom
- Features: Shared
Kitchen
- Area: 90
- Dimensions: 10 x 9
Living room
- Area: 256
- Dimensions: 16 x 16
Heating
- Gravity, Propane, Wood
Appliances
- Included: Refrigerator, Oven/Range
- Laundry: Main Level
Features
- Mud Room, Cable TV, High Speed Internet
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Stove
Interior area
- Total structure area: 2,558
- Total interior livable area: 2,558 sqft
- Finished area above ground: 2,558
- Finished area below ground: 0
Property
Parking
- Parking features: None, Stone
Accessibility
- Accessibility features: None
Features
- Levels: 2+ Story
- Stories: 2
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Seasonal View
- Waterfront features: Inland Lake, All Sports, Sandy Bottom, Lake
- Body of water: Chain Lake
- Frontage type: Waterfront
- Frontage length: 150
Lot
- Size: 0.42 Acres
- Dimensions: 150 x 180
- Features: Cleared, Subdivided
Details
- Additional structures: None
- Parcel number: 073C3099900100
- Zoning description: Residential
Construction
Type & style
- Home type: Apartment
- Architectural style: Victorian,Apartment
- Property subtype: Single Family Residence, Apartment
Materials
- Frame, Wood Siding
- Foundation: Block, Poured Concrete, Stone
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1919
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: Lake Privileges
- Subdivision: Chain lake health resort
HOA
- Services included: None
Location
- Region: South Branch
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $256,000
- Annual tax amount: $2,304
- Price range: $190K - $190K
- Date on market: 7/14/2025
- Cumulative days on market: 39 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $190,000-9.5%$74/sqft |
Source:  NGLRMLS #1936291 Report a problem | ||
| 8/12/2025 | Pending sale | $210,000$82/sqft |
Source: NGLRMLS #1936291 Report a problem | ||
| 8/11/2025 | Price change | $210,000-6.6%$82/sqft |
Source: NGLRMLS #1936291 Report a problem | ||
| 7/14/2025 | Listed for sale | $224,900$88/sqft |
Source: NGLRMLS #1936291 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,304 +7.8% | $128,000 +19.5% |
| 2024 | $2,137 +18% | $107,100 +23.1% |
| 2023 | $1,811 -1.9% | $87,000 +0.5% |
| 2022 | $1,845 +2.1% | $86,600 +11.3% |
| 2021 | $1,806 | $77,800 +7.2% |
| 2020 | $1,806 | $72,600 +15.2% |
| 2019 | -- | $63,000 +10.9% |
| 2018 | -- | $56,800 +0.2% |
| 2017 | -- | $56,700 |
| 2016 | -- | $56,700 +0.2% |
| 2015 | -- | $56,600 +7% |
| 2014 | -- | $52,900 +2.3% |
| 2013 | -- | $51,700 -14.8% |
| 2012 | -- | $60,700 |
| 2011 | -- | $60,700 |
Find assessor info on the county website
Neighborhood: 48761
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Nearby schools
GreatSchools rating
- 6/10Hale Area SchoolGrades: K-12Distance: 7.4 mi
Schools provided by the listing agent
- District: Hale Area Schools
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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- Michigan
- Iosco County
- South Branch
- 48761
- 7077 Chain Lake Dr
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