$265,000
SOLD AUG 21, 2019

5075 Lake Dr Owosso, MI 48867

3 Beds
2 Baths
1,960 Sq Ft
0.48 Acres

Recently Sold

$135 Per Sq Ft

5% Below List Price

77 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Fireplaces
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of February 2021

Stunning 3 bedroom home with private Lake Eve access. Almost every inch of this home has been redesigned and updated with remarkable results. The home now has an open design floor plan, large bedroom on main floor with huge walk-in closet, first floor laundry, upstairs there is another large bedroom and the master suite. The master suite has a walk-in shower and a sitting area that is large enough for a couch or table. The kitchen is completely new and features soapstone counters and new appliances. The 3 seasons room is located right off the dining area and provides a relaxing environment with no bugs. Lots of deer visit the property on a regular basis. The private lake access is located across the street and has a dock, for easy launching of a canoe or kayak.

Last Agent to Sell the Property

James Munk

RE/MAX Real Estate Professionals License #6506041550 Listed on: 04/29/2019

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • Lake Front
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic Tank
  • High Speed Internet

Community Details

  • Forest Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,915

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Tax Year: 2017
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1974
  • Lot Size Acres: 0.48
  • Lot Size: Irregular
  • Subdivision Name: Forest Hill
  • Above Grade Finished Sq Ft: 1960.0
  • Architectural Style: Cape Cod
  • Living Area: 1960.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: Irregular
  • General Property Info:Above Grade Finished Area: 1960.0
  • General Property Info:Total Livable Area: 1960.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Cape Cod: Yes
  • Levels:One and One Half: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • General Property Info:Building Area Total SqFt: 3268.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: West
  • Special Features: None

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Granite Counters, High Speed Internet, Pantry, Primary Bathroom, Stove Hookup - Electric
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Pantry: Yes
  • Appliances:Humidifier: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Water Softener Rented: Yes
  • Fireplace Features:Electric4: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • WaterfrontFeatures: Lake
  • Waterfront: Yes
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Waterfront Features:Lake3: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: Disposal, Gas Water Heater, Microwave, Water Softener Rented, Washer, Refrigerator, Range, Humidifier, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Owosso

Lot Info

  • Lot Size Sq Ft: 20878.31
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2915.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 10, 2021
Sold by
Chomic Margaret and Chomic Margaret M
Bought by
Nixon Holly and Nixon Daniel
Seller's Agent
Deborah Bair
American Associates Inc
Buyer's Agent
Denise Ebenhoeh
List Price
$284,500
Sold Price
$278,500
Premium/Discount to List
-$6,000
-2.11%
Current Estimated Value
$377,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,266
Avg. Annual Appreciation
7.09%
Original Mortgage
$264,575
Outstanding Balance
$237,858
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$139,908

Purchase Details

Listed on
Jan 24, 2014
Closed on
Sep 17, 2014
Sold by
National Residential Nominee Services In
Bought by
Doerr Kelly S and Bollman Sue A
Seller's Agent
Morgan Beilfuss
The Home Office Realty LLC
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$172,900
Sold Price
$171,753
Premium/Discount to List
-$1,147
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$168,641
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2014
Sold by
Irish Ralph and Irish Michelle A
Bought by
National Residential Nominee Services In
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $278,500 Sargents Title Company Llc
Warranty Deed $171,753 --
Warranty Deed $166,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,575 New Conventional
Previous Owner $168,641 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $278,500 -2.1% $142 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $284,500 +7.4% $145 / Sq Ft
08/21/2019 08/21/19 Sold $265,000 -5.0% $135 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $279,000 +62.4% $142 / Sq Ft
10/06/2014 10/06/14 Sold $171,753 -0.7% $84 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $172,900 -- $84 / Sq Ft
Source: Greater Lansing Association 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 $4,689 $163,300 $0 $0
2024 $4,911 $162,800 $0 $0
2023 $1,853 $161,200 $0 $0
2022 $1,765 $153,000 $0 $0
2021 $3,431 $130,900 $0 $0
2020 $3,399 $114,500 $0 $0
2019 $3,569 $119,600 $0 $0
2018 $3,613 $120,200 $0 $0
2017 $2,915 $114,700 $0 $0
2016 -- $114,700 $0 $0
2015 -- $114,100 $0 $0
2014 $12 $110,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 235859

Greater Lansing Association of Realtors®

APN: 010-44-006-000