Putman Lake
Solid value in a growing area
Median $335K·Walkability 3.0/10·Schools 3.7/10
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Why people love it here
$335K median
- 1 recent sale
Lake facts
OpenStreetMapDepth, fish species, and motor restrictions sourced from MI DNR — coming soon.
Conventional Mortgage Calculator
Median home price in Putman Lake
Estimated Monthly Payment
$2,274/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Government Lake Lodge
Unnamed park
Unnamed playground
Putman Lake
Pine Forest Pathway
Pere Marquette State Trail
To buy a median-priced Putman Lake home (around $334,900) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $60k/year in household income to qualify — an estimated monthly payment of $2,256 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,256/mo | $60,154 |
| 10% (+PMI) | $2,596/mo | $69,237 |
| 5% (+PMI) | $2,711/mo | $72,289 |
Estimates use a 6.65% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Solar potential
~$896/yr in electricity from a typical rooftop solar system
Produces ~6,267 kWh/yr · offsets ~60% of a typical home's use
Utility, solar, and service details for Putman Lake are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Nearest Park
Unnamed park
1.2 mi
Parks Nearby
0
within 1 mile
🍕 Restaurants(4)
Restaurant
Subway
Fast Food
Pompeiis Pizza
Restaurant
Fast Food
🌳 Parks(5)
+2 more within 5 miles
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Putman Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Putman Lake
- What do homes cost in Putman Lake?
- The median home value in Putman Lake is about $334,900. Individual prices vary by street, size, and condition.
- How active is the Putman Lake housing market?
- no homes are listed in Putman Lake right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Putman Lake?
- Putman Lake is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Senior High School (4/10).
- Is Putman Lake walkable?
- Putman Lake scores 3.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Putman Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.