NOT LISTED FOR SALE

350 Fairmount St Whitmore Lake, MI 48189

Estimated Value: $121,000 - $191,000

2 Beds
1 Bath
650 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $82,000 $126 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $903/month

87 Days on Market

Highlights

  • Beach Access
  • Deck
  • Ground Level Unit
  • Lake Privileges
  • Ranch Style House
  • Water Softener is Owned

About This Home

As of December 2021

Great location for this quaint house located in the quiet private lake community of Horseshoe Lake. This cozy cottage includes lake priveledges with private association beach and boat launch. Easy commute to Ann Arbor, easy expressway access to Detroit Lansing and Flint. Lots of room for expansion or a garage on the property. Updated mechanicals, and water softener. Home has been used as a rental for 10+ years. Easy to show and sell.

Last Agent to Sell the Property

Julie Benson

Preview Properties PC License #6501289268 Listed on: 09/30/2021

Preview Properties PC

Last Buyer's Agent

Matthew McKernan

The Charles Reinhart Company License #6501414873

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70.00x100.00

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 650 Sq Ft Home
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Lake Privileges
  • Deck

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number B00217263004
  • $750 Seller Concession

Community Details

Overview

  • Horseshoe Lake Dev Co Shady Beach Sub Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,769

Year Built

Built in 1947

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 25.79
  • Year Built: 1947
  • State Equalized Value: 43600.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Water Softener (owned)
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 650
  • Total Sq Ft: 650
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Roof Material: Rubber
  • Waterfront Name: Horseshoe Lake
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block, Poured
  • Frontage Feet: 70
  • Porch Type: Deck
  • Road Frontage Type: Gravel
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 125
  • Association Fee: Yes

Schools

  • School District: Whitmore Lake

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 70.00X100.00
  • Parcel Number: B00217263004

Tax Info

  • Tax Amount Summer: 305.0000
  • Tax Amount Winter: 1464.0000
  • Total Tax: 1769.0000
  • Taxable Value: 29037.0000

Multi Family

  • Waterfront Features: All Sports Lake, Swim Association

MLS Schools

  • School District: Whitmore Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2025
Sold by
Arms Fairmont Llc
Bought by
Arms John Thomas
Current Estimated Value
$152,572

Purchase Details

Closed on
Mar 3, 2025
Sold by
Arms John and Arms Anna
Bought by
Arms Fairmont Llc

Purchase Details

Closed on
Jun 26, 2024
Sold by
Patricia A Mitchell Revocable Living Tru
Bought by
Michele M Mitchell Revocable Living Trust

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 30, 2021
Sold by
Mitchell Patricia A and Mitchell Patricia A
Bought by
Arms John and Arms Anna
Seller's Agent
Julie Benson
Preview Properties PC
Buyer's Agent
Matthew McKernan
The Charles Reinhart Company
List Price
$100,000
Sold Price
$82,000
Premium/Discount to List
-$18,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%
Original Mortgage
$73,800
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Mitchell Patricia A
Bought by
Mitchell Patricia A and The Eugene W Mitchell Revocable Living T

Purchase Details

Closed on
Nov 13, 2006
Sold by
Mitchell Eugene W and Mitchell Patricia A
Bought by
Mitchell Eugene W and Mitchell Patricia A

Purchase Details

Closed on
Aug 5, 2004
Sold by
Hunter Gregory Allan
Bought by
Mitchell Eugene W and Mitchell Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1994
Sold by
Tucker Walter E
Bought by
Hunter Gregory A
Source: Public Records

Range of Values:

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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
Arms John Thomas $250,000 None Listed On Document
Arms John Thomas $250,000 None Listed On Document
Arms Fairmont Llc -- None Listed On Document
Michele M Mitchell Revocable Living Trust -- None Listed On Document
Arms John $82,000 First American Title Ins Co
Mitchell Patricia A -- None Available
The Patricia A Mitchell Revocable Living -- None Available
Mitchell Eugene W -- Central Title & Metropolitan
Mitchell Eugene W $70,000 Citizens Title Services Inc
Hunter Gregory Allan $55,000 Citizens Title Services Inc
Hunter Gregory A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arms John $73,800
Previous Owner Hunter Gregory Allan $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $82,000 -3.5% $126 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
11/03/2021 11/03/21 Price Changed $85,000 -10.5% $131 / Sq Ft
10/12/2021 10/12/21 Price Changed $95,000 -5.0% $146 / Sq Ft
09/30/2021 09/30/21 For Sale $100,000 -- $154 / Sq Ft
Source: Realcomp

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 $617 $57,500 $0 $0
2024 $546 $54,400 $0 $0
2023 $520 $51,900 $0 $0
2022 $1,964 $47,400 $0 $0
2021 $1,778 $45,300 $0 $0
2020 $1,769 $43,600 $0 $0
2019 $1,723 $37,500 $37,500 $0
2018 $1,682 $37,300 $0 $0
2017 $1,610 $36,400 $0 $0
2016 $287 $27,014 $0 $0
2015 -- $26,934 $0 $0
2014 -- $26,100 $0 $0
2013 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210081962

Realcomp

APN: 02-17-263-004