NOT LISTED FOR SALE

10465 Rathbun Rd Birch Run, MI 48415

Estimated Value: $920,000 - $1,038,000

5 Beds
5 Baths
4,548 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $648,000 $142 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,750/month

69 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Tudor Architecture
  • List Elementary Rated A-
  • Deck
  • Jetted Tub in Primary Bathroom

About This Home

As of March 2020

FRANKENMUTH School District. This custom built home is located on over 14 acres of wooded land just minutes from Downtown Frankenmuth and Birch Run. Complete kitchen remodel in 2018 features all new appliances, granite countertops and backsplash. Off the kitchen you will find double pocket doors that lead into a separate formal dining area. The living room has 17 ft ceilings and a wood fireplace that can easily be converted into gas. In the first floor master bedroom you will find a private study and master 5-piece bath with walk in closet. The second floor features 4 bedrooms, 2 full baths, tons of storage and 2 bonus rooms that could be converted into additional bedrooms. Step outside onto the 2400 sq foot deck that surrounds an in-ground swimming pool and pool house with a 2-piece bath and sauna. Recent 2018 updates include water tank, water line from house to well, water softener, electrical system, outer chimney and kitchen. New roof in 2015.

Last Listed By

Tiffany Leyva

Real Estate One-Caro License #6501386262 Listed on: 07/17/2019

Real Estate One-Caro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988

Lot Details

  • 14.44 Acre Lot
  • Lot Dimensions are 480 x 1307
  • Fenced

Home Design

  • Tudor Architecture
  • Block Foundation
  • Stone Siding
  • Masonry
  • Cedar

Interior Spaces

  • 4,548 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Living Room with Fireplace
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05106103001001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,701

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Assessment: 183.2
  • Year Built: 1988
  • State Equalized Value: 270900.0000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Jetted Tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 5586
  • Sq Ft Lower Floor: 1038
  • Total Sq Ft: 4548
  • Sq Ft Total Bsmt: 2190

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry, Cedar, Stone
  • Exterior Features: Fenced, Lighting, Pool - Inground
  • Foundation Materials: Block
  • Frontage Feet: 480
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity, Heated, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Hot Water, Radiant
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Frankenmuth

Lot Info

  • Homestead: Yes
  • List Price per Acre: 49508.3102
  • Lot Size Area: 14.44
  • Lot Dimensions: 480 X 1307
  • Parcel Number: 05106103001001

Tax Info

  • Tax Amount Summer: 2970.0000
  • Tax Amount Winter: 4731.0000
  • Total Tax: 7701.0000
  • Taxable Value: 270900.0000

MLS Schools

  • School District: Frankenmuth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Mar 26, 2020
Sold by
Pickett Lisa M
Bought by
Powers Leo and Willis Rosenna
Seller's Agent
Tiffany Leyva
Real Estate One-Caro
Buyer's Agent
Coleen Hetzner
List Price
$714,900
Sold Price
$648,000
Premium/Discount to List
-$66,900
-9.36%
Total Days on Market
69
Current Estimated Value
$968,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,351
Avg. Annual Appreciation
8.21%
Original Mortgage
$470,000
Outstanding Balance
$422,625
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$545,727

Purchase Details

Listed on
Dec 8, 2016
Closed on
Sep 29, 2017
Sold by
Tersigni David M and Tersigni Joanne F
Bought by
Pickett Lisa M
Seller's Agent
Scott Rausch, REALTOR
Rausch & Associates
Buyer's Agent
Kelly Whitehead
Mid-Michigan Realty
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$416,000
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 25, 2011
Sold by
Hammel Jeffrey L and Hammel Iriana S
Bought by
Tersigni David M and Tersigni Joanne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,800
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006

Purchase Details

Closed on
Apr 18, 1989

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Powers Leo $648,000 Crossroads Title
Pickett Lisa M $520,000 --
Tersigni David M $468,500 --
-- $625,000 --
-- $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Leo $470,000
Previous Owner Pickett Lisa M $416,000
Previous Owner Tersigni David M $30,000
Previous Owner Tersigni David M $374,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $648,000 -9.4% $142 / Sq Ft
11/29/2019 11/29/19 For Sale $714,900 0.0% $157 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $714,900 +37.5% $157 / Sq Ft
09/29/2017 09/29/17 Sold $520,000 -5.5% $93 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
07/19/2017 07/19/17 Price Changed $550,000 -4.3% $98 / Sq Ft
05/08/2017 05/08/17 For Sale $575,000 0.0% $103 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $575,000 -- $103 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,254 $459,200 $0 $0
2023 $4,051 $418,300 $0 $0
2022 $10,998 $365,000 $0 $0
2021 $10,051 $340,900 $0 $0
2020 $8,293 $327,400 $0 $0
2019 $7,919 $313,000 $38,800 $274,200
2018 $2,970 $270,900 $0 $0
2017 $6,221 $268,200 $0 $0
2016 $6,205 $267,900 $0 $0
2014 -- $231,800 $0 $196,200
2013 -- $228,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219070635

Realcomp

APN: 05106103001001