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4386 Lake Street

4386 Lake Street, Bridgman, MI 49106
Property in Bridgman
Sold Apr 15, 2020
$178,000
$142,400 by North American Savings Bank Fs
Mortgage Due May 01, 2050
Sold May 22, 2017
$165,000
Local assessors in Bridgman, MI have categorized 4386 Lake Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 10,890 square feet. The linear feet between the front and back of the lot was measured at 825 ft and the front of the lot was measured at 1,320 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4386 Lake Street has a total of 1,046 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 10, 2020 for $178,000. That's $170.17 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2017 for $165,000. 4386 Lake Street was last assessed in 2023. The total value of the property was assessed at $79,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,345. The initial tax year of delinquency was in 2020. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Raised Ranch
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,046
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 825
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,046
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM 778'E OF N1/4 PST SEC 19 T6S R19W TH E 4 RDS TH S 10 RDS TH W 4 RDS TH N 10 RDS TO BEG

Ownership

  • Current Owner : BEILMAN KIRK A
  • Current Owner 2: BEILMAN MICHELE L
  • Previous Owner : GAST NANCY J
  • Owner Before Previous Owner: MASTERSON CLIFFORD W
  • Owner Before Previous Owner 2: MASTERSON DOROTHY

Neighborhood

  • School District Name: Bridgman Public Schools
  • School Tax School District: BRIDGMAN
  • Census Tract: 011102

Zoning

  • Zoning: NE

Geography

  • Assessors Map Reference: 019-2
  • District: 56
  • Parcel: 56-0019-0093-00-1
  • Meridian: SEC 19 TWN 06S RNG 19W
  • Municipality: BRIDGMAN CITY
  • Latitude: 41.9427
  • Longitude: -86.5594

    Address

  • Full Address: 4386 Lake St
  • Address - House Number: 4386
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MI
  • City Name: Bridgman
  • Carrier Code: R031
  • 4-Digit Zip Code: 9510
  • Zip Code: 49106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,345
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 64
  • Final Value: 246,481
  • High Value: 308,817
  • Low Value: 184,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,400
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Loan Amount: $142,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $159,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,700

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Apr 15, 2020
  • Current Sale Transaction ID: 11757537734
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 22, 2017
  • Previous Sale Contract Date: May 18, 2017
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Mortgage Transaction Date: Apr 15, 2020
  • First Mortgage Loan Amount: $142,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Bridgman



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Frequently Asked Questions

What neighborhood is 4386 Lake Street located in?
The 4386 Lake Street is a located in the neighborhood of Bridgman in Bridgman, Bridgman.
What is the average sales price for listings in 4386 Lake Street?
The average sales price for units in 4386 Lake Street is $0 currently.

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