NOT LISTED FOR SALE

16153 Arnold Rd Gregory, MI 48137

Estimated Value: $630,000

3 Beds
2 Baths
2,060 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $1,000,000 $485 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $3,494/month

82 Days on Market

Highlights

  • Stables
  • Second Garage
  • Fruit Trees
  • In Ground Pool
  • 124 Acre Lot
  • Stream or River on Lot

About This Home

As of November 2023

Are you in search of the perfect country property? Look no further! This remarkable 124-acre property offers endless opportunities for outdoor enthusiasts and nature lovers alike. With activities such as hunting, hiking, horseback riding, ATV riding, and more, this property is a dream come true.

The land features a combination of pastures, fertile fields, lush timber, riding trails, wetlands, creeks, and abundant wildlife including trophy deer, turkey, and various species of waterfowl. In addition, the property is conveniently located just 1,000ft north of the Mike Levine Lakeland Trail, providing access to an impressive 33-mile network of riding and hiking trails.

Nestled at the forefront of the property is a charming two-story home boasting recent renovations and modern amenities. With 4 bedrooms, 2 bathrooms, hardwood floors, in-ground pool, and updated plumbing and electrical systems, this 1900s home offers both comfort and style.

Adding to the allure of this property is a magnificent hip roof barn with beautiful timber-frame beams and a sturdy metal roof, perfectly complementing the rustic ambiance. Adjacent to the barn, you'll find fenced paddocks for horses or livestock, a run-in shed, a Peacock/gamebird enclosure, and 3 additional storage buildings.

Despite its secluded feel, this property is conveniently located near Chelsea and Ann Arbor, allowing you to enjoy the best of both worlds. Whether you're seeking an incredible hobby farm or a horse farm with abundant wildlife, don't miss the opportunity to schedule a showing of this exceptional property today.

Don't miss some of these important bullet points:

Updated Farmhouse 4br/2bth
Inground Pool
Large storage barn
Multiple storage/livestock buildings
Horse/livestock fenced pastures
Upland bird/peacock/poultry pen
excellent trail system
hardwoods
Approximately 50 acres of cropfields.
1000ft from the Mike Levine Lakeland Trail which is horse friendly.
Income generating farm

Last Agent to Sell the Property

Shawn Kelley

Whitetail Properties Real Estate, LLC License #6501398362 Listed on: 07/22/2023

Whitetail Properties Real Estate, LLC

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,313

Year Built

  • Built in 1900

Lot Details

  • 124 Acre Lot
  • Shrub
  • Fruit Trees
  • Wooded Lot
  • Garden

Parking

  • 5 Car Detached Garage
  • Second Garage
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Farm
  • Brick or Stone Mason
  • Asphalt Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Garden Windows
  • Family Room
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Stream or River on Lot
  • Pole Barn
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Tillable Land
  • Stables

Property Details

Property Type

Other

Est. Annual Taxes

$6,313

Year Built

Built in 1900

Lot Details

0

Parking

5

Listing Details

  • Property Sub-Type: Farm
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Farm
  • OfficeContract Info:List PriceSqFt2: 630.58
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2060.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Farmhouse
  • Tax Info:Annual Property Tax: 6313.01
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Cable: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Wood Floor: Yes
  • Landscape:Garden Area: Yes
  • Outbuildings:Pole Barn: Yes
  • Substructure:Michigan Basement: Yes
  • Outbuildings:Storage Shed: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Pool:OutdoorInground: Yes
  • Landscape:Fruit Trees: Yes
  • Landscape:Flower Garden: Yes
  • Water Heater:Electric3: Yes
  • Outbuildings:Stable: Yes
  • Utilities Attached:Extra Well: Yes
  • Lot Description:Tillable: Yes
  • Outbuildings:Barn: Yes
  • Additional Items:LP Tank Rented: Yes
  • Additional Items:Attic Fan: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 2060.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Dishwasher, Built-In Gas Oven
  • Interior Amenities: Ceiling Fan(s), Attic Fan, Garage Door Opener, LP Tank Rented, Water Softener/Owned, Wood Floor, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement, Other
  • LivingArea: 2060.0
  • Window Features: Garden Window(s)
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 640.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Garden Window: Yes
  • Appliances:Built-In Gas Oven: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Porch(es), 3 Season Room
  • List Price: 1299000.0
  • Lot Features: Tillable, Wooded
  • Other Structures: Second Garage, Shed(s), Barn(s), Pole Barn, Stable(s)
  • Pool Features: Outdoor/Inground
  • Waterfront Features: Stream/Creek
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Stone: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Outbuildings:Second Garage: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Available, Cable Connected, High-Speed Internet, Extra Well
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 124.0
  • Lot Size Area: 124.0
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 5401440.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6313.01
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Nov 28, 2023
Sold by
Lounsberry Lezlie A and Lounsberry Vernon D
Bought by
Jespersen Michael and Jespersen Danna
Seller's Agent
Shawn Kelley
Whitetail Properties Real Estate, LLC
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$1,299,000
Sold Price
$1,000,000
Premium/Discount to List
-$299,000
-23.02%
Views
69
Current Estimated Value
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$370,000
Avg. Annual Appreciation
-19.58%
Original Mortgage
$850,000
Outstanding Balance
$816,791
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
-$186,791

Purchase Details

Listed on
Jul 22, 2023
Closed on
Nov 13, 2023
Sold by
Lounsberry Lezlie A and Lounsberry Vernon D
Bought by
Jespersen Michael and Jespersen Danna
Seller's Agent
Shawn Kelley
Whitetail Properties Real Estate, LLC
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$1,299,000
Sold Price
$1,000,000
Premium/Discount to List
-$299,000
-23.02%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$816,791
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
-$186,791

Purchase Details

Closed on
Dec 12, 2019
Sold by
Victorson Lapata
Bought by
Lounsberry Lezlie A and Lounsberry Veron D

Purchase Details

Closed on
Sep 13, 2010
Sold by
Lapata Ronald and Lounsberry Lezlie A
Bought by
Lounsberry Lezlie A and Lounsberry Vernon D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jespersen Michael $1,000,000 Capital Title
Jespersen Michael $1,000,000 Capital Title
Lounsberry Lezlie A -- None Available
Lounsberry Lezlie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jespersen Michael $850,000
Closed Jespersen Michael $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $1,000,000 -23.0% $485 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $1,299,000 -- $631 / 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 $2,423 $273,700 $0 $0
2024 $2,354 $270,350 $0 $0
2023 $1,744 $216,400 $0 $0
2022 $5,224 $166,200 $0 $0
2021 $4,753 $166,200 $0 $0
2020 $7,605 $159,150 $0 $0
2019 $2,139 $150,250 $0 $0
2018 $2,126 $142,650 $0 $0
2017 $2,059 $142,650 $0 $0
2016 $1,958 $145,500 $0 $0
2014 $1,776 $132,140 $0 $0
2012 $1,776 $115,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Kelley

    Seller's Agent in 2023

    Shawn Kelley

    Whitetail Properties Real Estate, LLC

    (586) 292-1812

    2 in this area

    104 Total Sales

    Shawn Kelley
    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: MichRIC

MLS Number: 23026286

MichRIC

APN: 13-14-300-005

Michigan Livingston County Gregory 48137

16153 Arnold Rd, Gregory, MI

Not Listed for Sale

Other

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MichRIC Information is deemed reliable but not guaranteed.
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