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103 Maple St, Lake, MI, 48632

1beds
1baths
576sqft
$89,900
$156price/sqft
$806/moest. monthly cost
$32,240/yrincome needed

About This Home

Super cute 1-bedroom, 1-bathroom cottage near Silver Lake for lazy days at the beach or on the boat. The lake is visible across the street, it's a short walk to the beach and a play area for the kids. There's an open living, dining and kitchen combo area. Some improvements are; newer window, doors and flooring. The roof is new. Lake George and Farwell are nearby for quick trips to the stores and restaurants. Most items seen in the photos are included. An additional lot with a well, septic and a shed also go with the cottage.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

4/10
Farwell Elementary SchoolGrades PK-37.5 mi
7/10
Farwell High SchoolGrades 8-127.6 mi
4/10
Farwell Middle SchoolGrades 4-77.6 mi

Construction

Condition

  • Year built: 1968

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: Main
  • Area: 48

Bedroom1

  • Level: Main
  • Area: 88

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 576

Heating

  • Heating features: Space Heater,Natural Gas

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Living Room

  • Level: Main
  • Area: 221

Property

Details

  • Parcel number: 01040000200&01040000300
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 50

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 50 x 90 x 54 x 104

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Lightning
Hail
Tornado

FEMA Declared Disasters in Clare County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $454$5,448
Home Insurance *$90$1,080
Property Taxes $74$888
Electricity $188$2,259
Total$806$9,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,634/yr
40% on housing$24,180/yr
45% on housing$21,493/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 48632$147
Clare County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 48632
Clare County$113

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-08Price change$89,900
2026-06-23Listed for sale$95,000

For Sale by Agent

AgentCHERYL MERITHEW
BrokerageFAIRCHILD & GREEN REALTY

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