NOT LISTED FOR SALE

13970 Thompson Dr Lowell, MI 49331

Estimated Value: $992,000 - $1,205,000

5 Beds
5.5 Baths
5,224 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $539,000 $103 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,737/month

235 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Maid or Guest Quarters
  • Murray Lake Elementary School Rated A
  • 1.93 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of March 2016

With 264 feet of frontage on the Flat River, this meticulously maintained, single-owner custom home is nestled on nearly two acres and offers stunning views of the Flat River from nearly every room in the house. Featuring an open floor plan, this home is conducive to family living or entertaining. Two decks, a patio and nearly every room in this home include views of the water. Traverse City cherry hardwood floors, a tiled entry, new carpet, custom built-ins and 3 fireplaces create a warm and inviting home. The main floor guest suite, as well as three upper bedrooms are each complete with their own full bath. The spacious master bedroom features a corner fireplace and windows on two sides with breath-taking views of the water. Enjoy (wake-free) boating, fishing, kayaking, canoeing or swimming on this natural beauty section of the Flat River from the covered bridge to the backwater lake of the dam. This home includes a seasonal dock for a pontoon boat to enjoy the river.

Last Agent to Sell the Property

Jeffrey Schreur

Coldwell Banker Schmidt Realtors License #6502119940 Listed on: 06/01/2015

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Patrick Schaefer

Five Star Real Estate (Ada) License #6501261172

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,541

Year Built

  • Built in 1997

Lot Details

  • 1.93 Acre Lot
  • Lot Dimensions are 163x150x252x264x260
  • Private Waterfront
  • 264 Feet of Waterfront
  • Property fronts a private road
  • Shrub
  • Terraced Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,224 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Desk
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Sun or Florida Room
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Low Threshold Shower
  • Accessible Bedroom

Outdoor Features

  • Water Access
  • No Wake Zone
  • Docks
  • Wetlands on Lot
  • Deck
  • Patio
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,541

Year Built

Built in 1997

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 163x150x252x264x260
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 5224.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 6541.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 3.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 264.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Accessibility Feat:Low Threshold Shower: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Terraced Yard: Yes
  • Windows:Skylight(s): Yes
  • Additional Items:Whirlpool Tub: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:Condo Proj Name: Fallasburg Point
  • Appliances:Built in Oven: Yes
  • Lot Description:Wetland Area: Yes
  • Additional Items:Central Vacuum: Yes
  • Additional Items:Guest Quarters: Yes
  • General Property Info:SqFt Above Grade: 4182.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Accessibility Features: Accessible Mn Flr Bedroom, Accessible Mn Flr Full Bath, Low Threshold Shower
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Garage Door Opener, Guest Quarters, Humidifier, Whirlpool Tub, Eat-in Kitchen
  • Fireplace Features: Family Room, Formal Dining, Gas Log, Living Room, Primary Bedroom, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Walk-Out Access
  • LivingArea: 5224.0
  • Window Features: Low-Emissivity Windows, Skylight(s), Screens, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Accessibility Feat:Accessible Mn Flr Bedroom: Yes
  • Accessibility Feat:Accessible Mn Flr Full Bath: Yes
  • Fireplace:Formal Dining: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: 3 Season Room
  • List Price: 580000.0
  • Lot Features: Wooded, Wetland Area
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Flat River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 500.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes

Fee Information

  • Association Fee Includes: Other, Snow Removal

Lot Info

  • Lot Size Acres: 1.93
  • Lot Size Area: 1.93
  • Lot Dimensions: 163x150x252x264x260
  • Lot Size Sq Ft: 84071.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6541.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Mar 7, 2016
Sold by
Edwards Gordon L and Edwards Joann
Bought by
Lemke William and Lemke Kelly
Seller's Agent
Jeffrey Schreur
Coldwell Banker Schmidt Realtors
Buyer's Agent
Patrick Schaefer
Five Star Real Estate (Ada)
List Price
$598,000
Sold Price
$539,000
Premium/Discount to List
-$59,000
-9.87%
Current Estimated Value
$1,111,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,467
Avg. Annual Appreciation
7.62%
Original Mortgage
$420,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1995
Bought by
Edwards Gordon L and Edwards Gordon L
Source: Public Records

Range of Values:

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Average Value
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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
Lemke William $539,000 Midstate Title Agency Llc
Edwards Gordon L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lemke William $371,827
Closed Lemke William $420,000
Previous Owner Edwards Gordon $488,000
Previous Owner Edwards Gordon $80,000
Previous Owner Edwards Gordon L $75,000
Previous Owner Edwards Gordon L $297,241
Previous Owner Edwards Gordon $50,000
Previous Owner Edwards Gordon $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $539,000 -9.9% $103 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
06/01/2015 06/01/15 For Sale $598,000 -- $114 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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
2025 $7,317 $526,300 $0 $0
2024 $7,317 $506,800 $0 $0
2023 $6,999 $460,600 $0 $0
2022 $9,383 $404,000 $0 $0
2021 $9,143 $386,000 $0 $0
2020 $6,438 $311,900 $0 $0
2019 $8,548 $300,500 $0 $0
2018 $8,548 $286,700 $0 $0
2017 $8,699 $266,400 $0 $0
2016 $6,790 $255,100 $0 $0
2015 -- $255,100 $0 $0
2013 -- $233,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15027847

Southwestern Michigan Association of REALTORS®

APN: 41-16-24-376-017