NOT LISTED FOR SALE

271 E Main St Farwell, MI 48622

Estimated Value: $55,757 - $175,000

5 Beds
1 Bath
2,830 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $45,000 $16 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $744/month

Highlights

  • Corner Lot
  • Wood Siding
  • Historic Home
  • 1 Car Attached Garage

About This Home

As of August 2023

Historical home located in the village of Farwell on a corner block with 3 lots totally just over half acre of green grass and large walnut trees. Property is zoned commercial offering a variety of uses. 5 bedroom 1 and half bath. Home needs a lot of renovating but is truly a diamond in the rough. Contents of home to be sold on a separate bill of sale. Property is agent owned.

Last Agent to Sell the Property

Susan Carpenter

HARRISON REALTY INC. License #CGBOR-6501379350 Listed on: 08/21/2023

Last Buyer's Agent

Susan Carpenter

HARRISON REALTY INC. License #CGBOR-6501379350 Listed on: 08/21/2023

Home Details

Home Type

  • Single Family

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 990x1320
  • Corner Lot
  • Historic Home

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1 Full Bathroom
  • 2,830 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Wood

Community Details

  • Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-220-004-00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Historic
  • Structure Style: 2 Story
  • Total Tax Amount: 3044.83
  • Total Tax Year: 2023
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Below Grade Sq Ft: 468
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2830
  • Total Finished Sq Ft: 2830

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl, Partial Basement
  • Frontage: 990
  • Road: City/County, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas, Wood
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 041-220-004-00
  • Zoning: Commercial
  • Lot Dimensions: 990x1320
  • Acreage: 0.54
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Main Street, Walk to School, Sidewalks, City Limits

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,546.00
  • Winter Tax: Year: 2022, Amount: $1,129.00
  • Total Tax: Year: 2023, Amount: $3,044.83
  • Village Tax: 369.83
  • Village Tax Year: 2023

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Aug 25, 2023
Sold by
Carpenter Susan L
Bought by
Stanleys Investments Llc
Seller's Agent
Susan Carpenter
HARRISON REALTY INC.
Buyer's Agent
Susan Carpenter
HARRISON REALTY INC.
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$120,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,189
Avg. Annual Appreciation
51.90%

Purchase Details

Closed on
Mar 22, 2023
Sold by
Gill Darren L
Bought by
Carpenter Susan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stanleys Investments Llc $45,000 --
Carpenter Susan L $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $45,000 0.0% $16 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $45,000 -- $16 / Sq Ft
Source: Clare Gladwin Board 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 $1,363 $35,833 $35,833 $0
2024 $744 $30,547 $30,547 $0
2023 $1,546 $27,185 $27,185 $0
2022 $2,676 $52,275 $52,275 $0
2021 $863 $42,658 $0 $0
2020 $1,994 $40,243 $0 $0
2019 $1,191 $35,046 $0 $0
2018 $1,754 $33,937 $0 $0
2017 $1,242 $35,030 $0 $0
2016 $678 $35,763 $0 $0
2015 -- $34,048 $0 $0
2014 -- $31,895 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Carpenter

    Seller's Agent in 2023

    Susan Carpenter

    HARRISON REALTY INC.

    (989) 339-4986

    153 Total Sales

    Susan Carpenter
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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50119509

Clare Gladwin Board of REALTORS®

APN: 041-220-004-00

Michigan Clare County Farwell 48622

271 E Main St, Farwell, MI

Not Listed for Sale

Detached

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