NOT LISTED FOR SALE

5092 Farrell Rd Dexter, MI 48130

Estimated Value: $1,125,000 - $1,679,000

11 Acres
$126,873 Price per Acre
466,528 Sq Ft Lot

Last Sold December 03, 2013

Last sale price $125,000

Est. 987% increase in value since last sale

Current estimated payment $8,074/month

84 Days on Market

About This Lot

As of December 2013

Land Contract Terms Available. Beautiful Acreage At The Top Of One Of The Highest Points In Webster Township. 10.71 Acres Of Cleared Land With Great Views In All Directions Makes For An Excellent Site For A Walkout Basement. Peaceful Setting, But Just A Short Drive To Town. Visit Site To View. Follow Flagged Drive On Left After Entering. Split Lot also for sale, 5.4acres Ref: MLS#3212219

Last Listed By

Patrick Daum

Keller Williams Ann Arbor License #6506048878 Listed on: 08/22/2013

Keller Williams Ann Arbor

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,568

Lot Details

  • 10.71 Acre Lot
  • The property's road front is unimproved
  • Property is zoned A1ag, A1ag

Schools

  • Dexter Elementary And Middle School
  • Dexter High School

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$2,568

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 160000.0
  • Road Surface Type: Unimproved

Utilities

  • Utilities: Well Attached, Septic Connected

Schools

  • Elementary School: Dexter
  • High School: Dexter
  • Middle/Junior School: Dexter

Lot Info

  • Lot Size Acres: 10.71
  • Lot Size Area: 10.71
  • Lot Size Sq Ft: 466528.0
  • Zoning Description: A1ag
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2568.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Dec 4, 2013
Sold by
Milligan Land Company Inc
Bought by
Kramer Matthew P and Kramer Jennifer
Seller's Agent
Patrick Daum
Keller Williams Ann Arbor
Buyer's Agent
Patrick Daum
Keller Williams Ann Arbor
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%
Total Days on Market
84
Current Estimated Value
$1,358,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,233,814
Avg. Annual Appreciation
23.12%

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
Kramer Matthew P $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milligan Land Co Inc $50,800
Previous Owner Milligan Land Co Inc $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2013 12/03/13 Sold $125,000 -21.9% --
11/14/2013 11/14/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $160,000 -- --
Source: Southwestern Michigan 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
2024 $6,048 $643,700 $0 $0
2023 $5,760 $584,000 $0 $0
2022 $18,942 $543,800 $0 $0
2021 $18,413 $529,200 $0 $0
2020 $18,188 $520,600 $0 $0
2019 $18,016 $489,700 $489,700 $0
2018 $13,678 $377,300 $0 $0
2017 $4,041 $120,000 $0 $0
2016 $561 $52,785 $0 $0
2015 -- $52,628 $0 $0
2014 -- $50,300 $0 $0
2013 -- $50,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21911

Southwestern Michigan Association of REALTORS®

APN: 03-27-200-023