NOT LISTED FOR SALE

321 Farmbrook Ln Gaylord, MI 49735

Estimated Value: $418,000 - $648,730

5 Beds
4 Baths
4,183 Sq Ft
$125/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $230,000 $55 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,953/month

About This Home

This 4183 sq. ft. home sits in a premier neighborhood just north of the Gaylord high school. This 5 bedroom 4 bath home has plenty of space and room both inside and outside the home. This is a double lot with 6.5 acres. The kitchen was recently remodeled and features quartz counter tops and slow close drawers and cupboards. The main floor features two living rooms a large mudroom and beautiful 3/4'' ash flooring.. Wood stove, fireplace and office/library, laundry and large mudroom also featured on the main floor. Upstairs features 4 bedrooms including the master 'en suite with two walk-in closets. Walk-out basement features a mother-in-law suite and kitchen and plenty of room! Large deck in the back allows for privacy and a chance to take in the natural setting. 2.5 car attached garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 5, 2020
Sold by
Smith Kevin M
Bought by
Hall Michael A
Seller's Agent
Kurt Jacobs
Alpine Realty Group-Gaylord
Buyer's Agent
Mike Heath
COLDWELL BANKER SCHMIDT GAYLORD
Sold Price
$230,000
Current Estimated Value
$522,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,183
Avg. Annual Appreciation
17.29%
Original Mortgage
$230,000
Outstanding Balance
$203,486
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$318,697

Purchase Details

Closed on
Jun 9, 2008
Sold by
Barbieri Thomas J and Barbieri Elaine W
Bought by
Smith Kevin M and Smith Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,079
Interest Rate
6.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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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
Hall Michael A $230,000 --
Smith Kevin M $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Michael A $230,000
Previous Owner Smith Kevin M $243,079
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $230,000 -- $55 / Sq Ft View Prior Sale
09/22/2020 09/22/20 Pending -- -- --

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 $2,608 $295,600 $0 $0
2024 $2,535 $264,900 $0 $0
2023 $4,092 $232,400 $0 $0
2022 $4,092 $200,600 $0 $0
2021 $2,991 $188,500 $0 $0
2020 $2,991 $162,800 $0 $0
2019 $2,979 $154,000 $0 $0
2018 -- $145,100 $145,100 $0
2017 -- $148,700 $0 $0
2016 -- $138,200 $0 $0
2013 -- $115,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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