NOT LISTED FOR SALE

1496 Fero Ave NE Lowell, MI 49331

Estimated Value: $499,000 - $695,000

4 Beds
2.5 Baths
3,208 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $520,000 $162 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,709/month

6 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • 4.92 Acre Lot
  • Murray Lake Elementary School Rated A
  • Sauna
  • Deck

About This Home

As of October 2021

You will love this walkout ranch with an open floor plan on 5 acres. Views and natural light from every room. Upstairs there are two large bedrooms,1.5 baths, kitchen with oversized pantry and island. Granite countertops and stainless steel appliances with hardwoods throughout. Large dining room and 2 living areas complete with a pellet stove. In the finished basement there is laundry with storage, 2 more bedrooms, an office, a living area and another full bathroom. This home has a sauna for 4 and a walk-in wine cellar. The acreage feels like 20 acres with a ½ acre swimming pond, a new firepit area, hiking paths, and a wonderful deck. Pole barn is 20x30. Newer hot water heater, composite railing on deck, dishwasher, well pump, water tank and roof.

Last Agent to Sell the Property

Charles Cornwell

Cornwell Properties License #6502431057 Listed on: 08/24/2021

Last Buyer's Agent

Tara Wilson

Ensley Real Estate- I License #6501335479

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1978

Lot Details

  • 4.92 Acre Lot
  • Lot Dimensions are 325x655 x660x325
  • Home fronts a pond
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sauna
  • Water Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,320

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 325x655 x660x325
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3208.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3320.0
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Heater:Propane2: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Rolling Hills: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Sauna: Yes
  • General Property Info:SqFt Above Grade: 1610.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned, Water Softener Rented
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Sauna
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • LivingArea: 3208.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1598.0
  • Basement Rooms:Total Basement SQFT: 1598.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Freezer: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Water Softener Rented: Yes
  • Below Grade Sq Ft: 1598.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 520000.0
  • Lot Features: Wooded, Rolling Hills
  • Patio and Porch Features: Deck, Porch(es)
  • Waterfront Features: Pond
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): 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

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 4.92
  • Lot Size Area: 4.92
  • Lot Dimensions: 325x655 x660x325
  • Lot Size Sq Ft: 214315.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3320.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 30, 2021
Sold by
Bowman and Sarah
Bought by
Austin Brian
Seller's Agent
Charles Cornwell
Cornwell Properties
Buyer's Agent
Tara Wilson
Ensley Real Estate- I
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$633,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,677
Avg. Annual Appreciation
4.44%
Original Mortgage
$400,000
Outstanding Balance
$367,129
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$248,005

Purchase Details

Closed on
May 12, 2014
Sold by
Burritt Stuart M and Burritt Karen R
Bought by
Bowman David and Bowman Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1998
Sold by
Mosier Barbara A
Bought by
Burritt Stuart M and Burritt Stuart M
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
Austin Brian $520,000 None Listed On Document
Bowman David $265,000 None Available
Burritt Stuart M $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Brian $400,000
Previous Owner Bowman David $192,100
Previous Owner Bowman David $212,000
Previous Owner Burritt Karen R $90,000
Previous Owner Burritt Stuart M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Off Market $520,000 -- --
10/01/2021 10/01/21 Sold $520,000 0.0% $162 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $520,000 -- $162 / 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 $3,075 $183,300 $0 $0
2024 $3,075 $168,900 $0 $0
2023 $4,186 $149,200 $0 $0
2022 $6,186 $131,700 $0 $0
2021 $3,432 $123,900 $0 $0
2020 $2,416 $121,900 $0 $0
2019 $3,208 $116,000 $0 $0
2018 $3,208 $107,800 $0 $0
2017 $3,122 $106,000 $0 $0
2016 $3,050 $105,800 $0 $0
2015 -- $105,800 $0 $0
2013 -- $90,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21102192

Southwestern Michigan Association of REALTORS®

APN: 41-16-18-300-039