NOT LISTED FOR SALE

5140 Oak Run Farwell, MI 48622

Estimated Value: $190,000 - $219,000

2 Beds
1 Bath
1,232 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $160,000 $130 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,208/month

About This Home

As of April 2022

Beautiful one owner home in the woods with many amenities to enjoy. This primary, or second home is in a quiet setting along a valley in the premier White Birch Lakes Recreation Association where you can enjoy many activities. Swim in the indoor pool at the clubhouse or go to the beach and swim at two of our four lakes. Fish, play tennis or go for a hike. The home features an open concept with plenty of room for entertaining. This very clean, well maintained home is a must see. Owner is retiring and moving out of the area. They are looking for someone who will enjoy the home and area as much as they have.

Last Agent to Sell the Property

Shannon Cummings

CUMMINGS REALTY License #CGBOR-6506045736 Listed on: 04/18/2022

Last Buyer's Agent

Shannon Cummings

CUMMINGS REALTY License #CGBOR-6506045736 Listed on: 04/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2002

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 260x340x179x275

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • 1,232 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank

Additional Features

  • Basement

Community Details

  • White Birch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-010-700-517-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$988

Year Built

Built in 2002

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 2002
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10 x 12
  • Bedroom 2: Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Below Grade Sq Ft: 1232
  • Above Grade Finished Sq Ft: 1232
  • Total Finished Sq Ft: 1232

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 260
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fees: 425
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 18-010-700-517-01
  • Lot Dimensions: 260x340x179x275
  • Acreage: 1.55
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $546.00
  • Winter Tax: Year: 2021, Amount: $963.00
  • Taxable Value: 50506
  • Total Tax: Year: 2021, Amount: $1,509.00
  • SEV Year: 2021

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Apr 18, 2022
Sold by
Crook Thomas S
Bought by
Ard Jacqueline and Terry Nicola
Seller's Agent
Shannon Cummings
CUMMINGS REALTY
Buyer's Agent
Shannon Cummings
CUMMINGS REALTY
List Price
$162,062
Sold Price
$160,000
Premium/Discount to List
-$2,062
-1.27%
Total Days on Market
0
Current Estimated Value
$205,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,632
Avg. Annual Appreciation
8.35%
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 Buyer Sale Price Title Company
Ard Jacqueline $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $160,000 -1.3% $130 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $162,062 -- $132 / Sq Ft
Source: Clare Gladwin Board 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 $988 $94,100 $13,000 $81,100
2023 $563 $87,500 $10,400 $77,100
2022 $1,553 $69,400 $11,600 $57,800
2021 $1,509 $67,400 $0 $0
2020 $1,482 $67,000 $0 $0
2019 $1,334 $57,700 $0 $0
2018 $1,319 $60,100 $0 $0
2017 $506 $55,000 $0 $0
2016 $501 $57,700 $0 $0
2015 -- $46,200 $0 $0
2014 -- $49,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Cummings

    Seller's Agent in 2022

    Shannon Cummings

    CUMMINGS REALTY

    (989) 339-1326

    281 Total Sales

    Shannon Cummings
    Section Image
See All Agents

Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50071223

Clare Gladwin Board of REALTORS®

APN: 010-700-517-01

Michigan Clare County Farwell 48622

5140 Oak Run, Farwell, MI

This home is located at 5140 Oak Run, Farwell, MI 48622 since 18 April 2022 and is currently estimated at $205,632, approximately $166 per square foot. This property was built in 2002. 5140 Oak Run is a home located in Clare County with nearby schools including Farwell 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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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