NOT LISTED FOR SALE

4050 Five Lakes Rd North Branch, MI 48461

North Branch Township Neighborhood

Estimated Value: $287,000 - $345,821

3 Beds
3 Baths
2,200 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $195,000 $89 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,278/month

40 Days on Market

Highlights

  • 5.01 Acre Lot
  • Ranch Style House
  • Ground Level Unit
  • Wooded Lot
  • Pole Barn
  • No HOA

About This Home

As of March 2020

Both Lapeer and North Branch Schools pick up at this home says the Seller, so you pick!
She is located on 5 mature wooded acres with a 30x40 pole barn, full walkout basement with 3rd full bath down but not yet finished. The main floor is a complete remodel in 2019 flooring paint, baths, kitchen etc. It has a huge rec room/ family room 25x25 on the main floor just needs carpet of your choice seller is completing drywall repairs in it now. Seller used Frontier for internet and worked great for them.FYI

Last Agent to Sell the Property

Paul Coulter

Realty Executives Main St LLC License #6501267690 Listed on: 01/03/2020

Realty Executives Main St LLC

Last Buyer's Agent

Daniel Gyomory

@properties Christie's Int'l RE Northville License #6501377871

@properties Christie's Int'l RE Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979 | Remodeled in 2019

Lot Details

  • 5.01 Acre Lot
  • Lot Dimensions are 356x566x346x591
  • Wooded Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 01603103600
  • $5,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Property is near a ravine

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,607

Year Built

Built in 1979 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1979
  • State Equalized Value: 93400.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3200
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 356
  • Porch Type: Porch - Covered
  • Road Frontage Type: Gravel
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lapeer

Lot Info

  • Homestead: Yes
  • List Price per Acre: 39900.1996
  • Lot Features: Hilly-Ravine, Wooded
  • Lot Size Area: 5.01
  • Lot Dimensions: 356x566x346x591
  • Parcel Number: 01603103600
  • Percent Wooded: 90

Tax Info

  • Tax Amount Summer: 917.0000
  • Tax Amount Winter: 1690.0000
  • Total Tax: 2607.0000
  • Taxable Value: 93400.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Apr 16, 2020
Sold by
Hensel Ernest J and Mueller Theresa
Bought by
Karr Timothy and Karr Daryl
Seller's Agent
Paul Coulter
Realty Executives Main St LLC
Buyer's Agent
Daniel Gyomory
@properties Christie's Int'l RE Northville
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$316,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,274
Avg. Annual Appreciation
9.35%
Original Mortgage
$59,200
Interest Rate
3.2%
Mortgage Type
Unknown
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
Karr Timothy $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karr Timothy $150,000
Closed Karr Timothy J $216,000
Closed Karr Timothy $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $195,000 -2.5% $89 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $199,900 -- $91 / 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 $6,648 $187,900 $0 $0
2024 $1,414 $170,200 $0 $0
2023 $1,186 $134,500 $0 $0
2022 $1,066 $22,800 $0 $0
2021 $1,070 $23,200 $0 $0
2020 $721 $23,100 $0 $0
2019 $699 $23,000 $0 $0
2018 $408 $21,768 $21,768 $0
2017 $400 $16,837 $0 $0
2016 $141 $18,134 $18,134 $0
2015 -- $0 $0 $0
2014 -- $16,712 $16,712 $0
2013 -- $20,278 $20,278 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Coulter

    Seller's Agent in 2020

    Paul Coulter

    Realty Executives

    (810) 845-7756

    7 in this area

    171 Total Sales

    Section Image
  • Daniel Gyomory

    Buyer's Agent in 2020

    Daniel Gyomory

    @properties Christie's Int'l RE Northville

    (248) 924-9784

    105 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200000721

Realcomp

APN: 016-031-038-00

Michigan Lapeer County North Branch 48461 North Branch Township

4050 Five Lakes Rd, North Branch, MI

This home is located at 4050 Five Lakes Rd, North Branch, MI 48461 since 03 January 2020 and is currently estimated at $316,274, approximately $143 per square foot. This property was built in 1979. 4050 Five Lakes Rd is a home located in Lapeer County with nearby schools including Elva Lynch Elementary School, Rolland-Warner Middle School, and Lapeer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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