See Home Value
Jackson
5008 Schrah Drive
$115,000
● House - Off Market

5008 Schrah Drive

Munith, MI 49259
bedrooms
1 Bed
bathrooms
1 Bath
square feet
510 Ft²
$807
Est. Monthly
10.61%
Cap Rate

About This Property

Charming 1 bed, 1 bath lakefront home on beautiful Portage Lake, located in the heart of the Waterloo State Recreational Area. Enjoy panoramic water views, crystal-clear swimming, and sandy shoreline from your large covered back deck or spacious lakeside patio-perfect for sunsets and entertaining. The home features a newer dock and a brand-new well installed in 2023. Ideal for year-round living or a weekend getaway surrounded by nature and outdoor recreation. Property is on a land lease with an annual fee of $7,115 or $612 per month.  Buyer must be approved by leaseholder, Carmen Burgess ). Don't miss this rare opportunity to own a slice of lakefront paradise in one of Michigan's most scenic natural areas. COMES FULLY FURNISHED!!
Unit Size
510 Ft²
Days on Market
190 days
Land Size
-
Price per sqft
$255
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (MichRIC MLS #25024896)

Price History

Date / Event Date Event Price
Dec 5, 2025 Sold
Sold
Sep 11, 2025 In contract -
In contract
Aug 1, 2025 Price Decreased $130,000
↓ $15K (10.3%)
Price Decreased
May 29, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $145,000
Listed by RE/MAX MID-MICHIGAN R.E.
Sep 22, 2017 Sold
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 410
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 0
  • Building Area: 410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 410
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Subdivision: SCHRAH SUBDIVISION
  • Standard Land Use Code: 0532
  • County Land Use Code: 404
  • Legal Description 1: N 1/2 OF LOT 2 SCHRAH SUBDIVISION PARCEL CODE OF LAND: 000-10-05-101-017-00

Neighborhood

  • School District Name: Grass Lake Community Schools
  • School Tax School District: 38090
  • Census Tract: 006801

Geography

  • District: 19
  • Parcel: 819-10-05-101-016-01
  • Lot: 2
  • Municipality: WATERLOO TWP
  • Latitude: 42.3326
  • Longitude: -84.2288

    Address

  • Full Address: 5008 Schrah Dr
  • Address - House Number: 5008
  • Address - Street Name: Schrah
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Munith
  • Carrier Code: R092
  • 4-Digit Zip Code: 9606
  • Zip Code: 49259

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $97,352
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Market Valuation

  • Market Total Value: $40,600

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $20,300
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5008 Schrah Drive built and last sold?
The property at 5008 Schrah Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5008 Schrah Drive is $128,906.
What are some comparable homes to 5008 Schrah Drive?
There are currently no comparable homes to 5008 Schrah Drive.