Seller's Agent in 2023
Morton-Mancini Group
Berkshire Hathaway HomeServices-Boyne City
(248) 930-1338
290 Total Sales
10498 Fallbrook Ct Mancelona, MI 49659
Estimated Value: $317,000 - $577,000
3
Beds
3
Baths
5,295
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near a lake
- Countryside Views
- RV or Boat Parking
- Lake Privileges
- Clubhouse
About This Home
As of July 2023Entertainers Delight! Do not miss this opportunity to experience and own one of the most notable homes in the Lakes of the North community situated on 3 lots totaling 2.45 acres! This magnificent 5295 sq ft home features 3 bedroom and 3 full baths with an open kitchen/living concept conveniently located on the main floor. The walkout lower level offers a large recreation area with diner seating, full bar with dishwasher and range, warm cozy stone fireplace and pellet stove for additional heat. You will not believe your eyes when you walk into your own attached custom-built 30' x 56' gymnasium offering 22 ft ceilings, in-floor radiant heat, batting cage, basketball court, volleyball court, theatre system and so much more! This impressive property also comes with a newer 30' x 48' pole barn, deck with hot tub pad overlooking the private serene backyard, a detached 24' x 24" garage and all of the amazing amenities of Lake of the North! Clubhouse with Pool, Hot Tub, Lazy River and Waterslide, 18-hole golf course with restaurant and bar, snowmobile and ORV trail access, Winter Park and 2 beautiful lakes to swim, fish and relax! Check out the website at lakesofthenorth.com This property is truly move in ready and perfect for a family home or vacation home! Start building your family memories in desirable Northern Michigan today! ** PLEASE NOTE, LOT 28 AND 29 ARE AVAILABLE FOR PURCHASE FOR EXTRA PRIVACY AND SECLUSION**
Last Agent to Sell the Property
Berkshire Hathaway HomeServices-Boyne City Listed on: 05/03/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2003
Lot Details
- 2.45 Acre Lot
- Lot Dimensions are 243x425x239x445
- Cul-De-Sac
- Landscaped
- Corner Lot
- Level Lot
- Sprinkler System
- Wooded Lot
- The community has rules related to zoning restrictions
HOA Fees
- $55 Monthly HOA Fees
Property Views
- Countryside Views
- Seasonal Views
Home Design
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 5,295 Sq Ft Home
- 1-Story Property
- Wet Bar
- Fireplace
- Mud Room
- Entrance Foyer
- Great Room
- Game Room
- Workshop
- Home Gym
- Radiant Floor
- Home Security System
Kitchen
- Oven or Range
- Stove
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Jetted Tub in Primary Bathroom
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Private Driveway
- RV or Boat Parking
Outdoor Features
- Property is near a lake
- Waterfront Park
- Lake Privileges
- Deck
- Pole Barn
- Porch
Location
- Mineral Rights
Utilities
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Pellet Stove burns compressed wood to generate heat
- Well
- Cable TV Available
Community Details
Overview
- Lakes Of The North Community
Amenities
- Common Area
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jul 24, 2023
Sold by
Stephenson William G and Stephenson Amber T
Bought by
Federspiel Cory A and Federspiel Nicole
Seller's Agent
Morton-Mancini Group
Berkshire Hathaway HomeServices-Boyne City
Buyer's Agent
Rene Hills
REO-TCFront-233021
List Price
$499,500
Sold Price
$499,500
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,182
Avg. Annual Appreciation
-2.56%
Original Mortgage
$515,983
Outstanding Balance
$502,160
Interest Rate
6.8%
Mortgage Type
New Conventional
Estimated Equity
-$34,842
Purchase Details
Closed on
Oct 3, 2013
Sold by
Stephenson Amber and Louis Amber
Bought by
Stephenson Amber and Stephenson William
Purchase Details
Closed on
Oct 31, 2002
Bought by
Louis Amber T
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Federspiel Cory A | $499,500 | Attorneys Title Agcy Llc | |
| Stephenson Amber | -- | -- | |
| Louis Amber T | $4,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Federspiel Cory A | $515,983 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2023 07/24/23 | Sold | $499,500 | +0.1% | $94 / Sq Ft |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- |
| 05/29/2023 05/29/23 | Price Changed | $499,000 | -0.1% | $94 / Sq Ft |
| 05/03/2023 05/03/23 | For Sale | $499,500 | -- | $94 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
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 |
|---|---|---|---|---|
| 2025 | $4,186 | $240,400 | $0 | $0 |
| 2024 | $41 | $238,800 | $0 | $0 |
| 2023 | $1,656 | $203,000 | $0 | $0 |
| 2022 | $2,311 | $138,200 | $0 | $0 |
| 2021 | $2,221 | $128,800 | $0 | $0 |
| 2020 | $2,184 | $121,900 | $0 | $0 |
| 2019 | $2,155 | $113,400 | $0 | $0 |
| 2018 | $2,123 | $97,000 | $0 | $0 |
| 2017 | $1,737 | $97,000 | $0 | $0 |
| 2016 | $1,055 | $79,700 | $0 | $0 |
| 2015 | -- | $64,800 | $0 | $0 |
| 2014 | -- | $62,000 | $0 | $0 |
| 2013 | -- | $57,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Morton-Mancini Group
-
Rene Hills
Buyer's Agent in 2023
Rene Hills
Real Estate One
(231) 429-2936
101 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1910612
APN: 05-11-425-025-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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