NOT LISTED FOR SALE

140 Pearson Ct Lowell, MI 49331

Estimated Value: $587,011 - $643,000

3 Beds
3.5 Baths
2,889 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $320,000 $111 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,619/month

81 Days on Market

Highlights

  • Private Waterfront
  • 2.32 Acre Lot
  • Traditional Architecture
  • Murray Lake Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2016

Exceptional Quality Home Privately Nestled Above the Relaxing Winding Flat River. Comfort is the theme of this home. Updated kitchen with Granite countertops include the large sit around island. Formal dining room for the fancy gatherings and gas log fireplace in the living room add to the many extras. There is an automatic awning on the back deck for the extra sunny days. The office on the main could be converted to a 4th bedroom or the lower level has plenty of room to convert another bedroom. The home has had exceptional maintenance including new furnace and hot water heater. Underground sprinkling is one more extra. The home sits on the high bank but is assessable by foot with little trouble. The last 50 feet before rivers edge belongs to DEQ. Home is protected by ADT alarm system.

Last Agent to Sell the Property

Joice Smith

Country Hills Realty License #6502111219 Listed on: 05/03/2016

Last Buyer's Agent

Joshua Mccracken

Greenridge Realty (Lowell) License #6506046510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1999

Lot Details

  • 2.32 Acre Lot
  • Lot Dimensions are 90 x 272x 485x 19633x 128x 224
  • Private Waterfront
  • 196 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Shrub
  • Sprinkler System
  • Property is zoned R 1, R 1

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,889 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Natural lighting in basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access
  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • Phone Connected
  • Cable TV Available

Community Details

  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,333

Year Built

Built in 1999

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 165.54
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90 x 272x 485x 19633x 128x 224
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2889.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3333.0
  • Tax Info:Zoning3: R 1
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 196.0
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: River Bluff
  • Additional Items:Central Vacuum: Yes
  • General Property Info:SqFt Above Grade: 2072.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Security Features:Security System: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Water Softener Owned
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Garage Door Opener, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight
  • LivingArea: 2889.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 343000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Flat River
  • Waterfront Features: River
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 250.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 2.32
  • Lot Size Area: 2.32
  • Lot Dimensions: 90 x 272x 485x 19633x 128x 224
  • Lot Size Sq Ft: 101059.0
  • Zoning Description: R 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3333.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 5, 2016
Sold by
Borg N Marea and N Marea Borg Trust
Bought by
Kinney Scott and Kinney Durae
Seller's Agent
Joice Smith
Country Hills Realty
Buyer's Agent
Joshua Mccracken
Greenridge Realty (Lowell)
List Price
$379,900
Sold Price
$320,000
Premium/Discount to List
-$59,900
-15.77%
Current Estimated Value
$609,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,503
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Apr 26, 2012
Sold by
Borg N Marea N and Borg John F
Bought by
Borg N Marea and N Marea Borg Trust

Purchase Details

Closed on
Aug 15, 1998
Sold by
Barnes Michael
Bought by
Borg N Marea and Borg N Marea Trust

Purchase Details

Closed on
Nov 11, 1995
Bought by
Barnes Michael and Borg N Marea Trust

Purchase Details

Closed on
Feb 28, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kinney Scott $320,000 None Available
Borg N Marea -- None Available
Borg N Marea $49,000 --
Barnes Michael $34,900 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $320,000 -15.8% $111 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $379,900 -- $131 / Sq Ft
Source: MichRIC

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 $4,702 $268,200 $0 $0
2024 $4,702 $254,400 $0 $0
2023 $4,498 $236,400 $0 $0
2022 $6,030 $213,100 $0 $0
2021 $5,876 $211,600 $0 $0
2020 $4,137 $210,900 $0 $0
2019 $5,050 $189,800 $0 $0
2018 $5,050 $169,400 $0 $0
2017 $4,991 $131,400 $0 $0
2016 $3,393 $117,600 $0 $0
2015 -- $117,600 $0 $0
2013 -- $120,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16020342

MichRIC

APN: 41-16-26-426-016