NOT LISTED FOR SALE

5025 Newburg Rd Bancroft, MI 48414

Estimated Value: $549,000 - $783,062

4 Beds
2 Baths
3,592 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $490,000 $136 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,309/month

122 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Pole Barn
  • Pond
  • Wood Flooring
  • Bonus Room

About This Home

As of January 2021

This private property offers so much variety for buyer’s: beautiful huge side yard perfect for horses, cows or sheep with a water supply right there accessible also to the brand new 26X32 pole barn! The studio is also brand new with a water supply & heated floors, perfect for an office. The property has over 250 feet of river frontage for kayaking, canoeing, and fishing! Also, a stocked aeriated pond for catching pan fish! Enjoy all of these activities from the amazing wrap around porch. This wonderful like new home offers the spacious great room with 21’ cathedral ceilings, open staircase & custom designed kitchen. The master suite also exits to the porch for great views of the property. Natural gas heat with only 1 utility bill and extra insulation so very low monthly costs! So much upstairs space, bonus room, 2 large bedrooms, 20x14 family room or 4th bedroom, even a private reading room! Whole house generator, reverse osmosis & full basement! 3 car garage! 5 minutes to I-69!

Last Agent to Sell the Property

Mary Sumpter

Coldwell Banker Professionals Morrice/Owosso License #SAOR-6501259688 Listed on: 08/29/2020

Coldwell Banker Professionals Morrice/Owosso

Last Buyer's Agent

John Tremaine

Tremaine Real Living Real Estate License #RCO-6502116801

Tremaine Real Living Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 11.3 Acre Lot
  • Lot Dimensions are 650x978x802x599
  • Rural Setting

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 3,592 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Home Office
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Brick Basement
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Property is near a pond
  • Pond
  • Balcony
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 011-14-400-018-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,729

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Contemporary
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 5729
  • Total Tax Year: 2020
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Interior Balcony, Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Basement: Yes
  • Basement: Brick, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 24 x 20
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 12
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 12
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 18 x 12
  • Bedroom 4 Floor Covering: Wood
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 11 x 6, On Level: First, Flooring: Ceramic
  • Bathroom 2: Dimensions: 10 x 6, On Level: Second, Flooring: Ceramic
  • Room Types: Den/Study/Lib, First Floor Laundry, First Floor Mstr Bedroom, Great Room, Living Room, Master Bathroom, Home Office, Bonus Room
  • Dining Room: On 1st Floor, Dimensions: 10 x 24
  • Dining Room Floor Covering: Wood
  • Great Room: On 1st Floor, Dimensions: 29 x 24
  • Great Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 16 x 14
  • Kitchen Features: Breakfast Nook/Room, Pantry, Eat-In Kitchen, Formal Dining Room
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor, Dimensions: 8 x 8
  • Laundry Room Floor Covering: Ceramic
  • Library Den: On 2nd Floor, Dimensions: 30 x 10
  • Library Den Floor Covering: Wood
  • Sitting Room: On 2nd Floor, Dimensions: 6 x 4
  • Sitting Room Floor Covering: Carpet
  • Other Room1: Dimensions: 20x12, On Level: Second, Flooring: Wood
  • Other Room 2: Dimensions: 9x5, On Level: First, Flooring: Ceramic
  • Below Grade Sq Ft: 2206
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3592
  • Total Finished Sq Ft: 3592

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Porch, Pond
  • Foundation: Basement
  • Frontage: 650
  • Road: Country, Paved Street
  • Water Features: Pond
  • Out Buildings: Pole Barn
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Side Loading Garage
  • Garage Spaces: 3
  • Parking: 2 Spaces, Covered Parking, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 011-14-400-018-03
  • Zoning: Residential
  • Location: Rural
  • Lot Description: Wooded, Irregular
  • Lot Dimensions: 650X978X802X599
  • Acreage: 11.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,418.00
  • Winter Tax: Year: 2019, Amount: $3,311.00
  • Total Tax: Year: 2020, Amount: $5,729.00
  • SEV Year: 2021

MLS Schools

  • School District: Durand Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Jan 28, 2021
Sold by
Mcginnis Wayne B and Mcginnis Mary K
Bought by
Munger Johnathon J and Munger Alicia D
Seller's Agent
Mary Sumpter
Coldwell Banker Professionals Morrice/Owosso
Buyer's Agent
John Tremaine
Tremaine Real Living Real Estate
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$641,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,874
Avg. Annual Appreciation
5.97%
Original Mortgage
$392,000
Outstanding Balance
$351,609
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$286,388

Purchase Details

Closed on
Sep 8, 2014
Sold by
Watson Bruce F
Bought by
Watson Marjorie A and Watson John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Munger Johnathon J $490,000 Ata National Title Group Llc
Watson Marjorie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munger Johnathon J $392,000
Previous Owner Mcginnis Wayne B $415,987
Previous Owner Watson Marjorie A $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $490,000 0.0% $136 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $490,000 -2.0% $136 / Sq Ft
08/29/2020 08/29/20 For Sale $499,900 +16.0% $139 / Sq Ft
01/03/2018 01/03/18 Sold $431,000 -6.3% $122 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $460,000 -- $130 / Sq Ft
Source: Michigan Multiple Listing Service

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 $10,828 $425,800 $0 $0
2024 $7,923 $394,900 $0 $0
2023 $2,950 $272,500 $0 $0
2022 $719 $62,300 $0 $0
2021 $6,605 $239,600 $0 $0
2020 $45 $0 $0 $0
2019 $45 $0 $0 $0
2018 $45 $172,600 $0 $0
2017 $4,397 $155,700 $0 $0
2016 -- $155,700 $0 $0
2015 -- $154,800 $0 $0
2014 $17 $148,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50022182

Michigan Multiple Listing Service

APN: 011-14-400-008-03