NOT LISTED FOR SALE

5200 Raap Rd Bruce Township, MI 48065

Estimated Value: $601,534 - $690,000

2 Beds
2 Baths
2,720 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $575,000 $211 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,908/month

77 Days on Market

Highlights

  • Pier or Dock
  • 7.41 Acre Lot
  • Home Security System
  • Waterfront
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Welcome to your dream oasis in Bruce Township, Michigan, nestled on a sprawling 7 1/2-acre parcel along the serene shores of Lake Nolan. Take in the breathtaking lake views from the existing living space and envision the potential of the upstairs addition, where the rough carpentry awaits your finishing touches. But that's not all – indulge in the ultimate lakeside entertainment in the large finished walk-out basement, boasting a full kitchen set up. Embrace the natural light and tranquility of the sunroom addition, adding an elegant touch to your lakeside retreat. Your dream home, on a generous 7 1/2 acres, awaits with the promise of unparalleled luxury and possibilities. Welcome to a life of lakeside splendor in the esteemed Romeo school district.

Last Agent to Sell the Property

Mindy Casadei

Keller Williams Realty Lakeside License #MISPE-6501418870 Listed on: 12/15/2023

Keller Williams Realty Lakeside

Co-Listed By

Andrew Hines

Keller Williams Realty Lakeside License #MISPE-6501439693

Last Buyer's Agent

Ryan Nelson

DOBI Real Estate License #RCO-6501372468

DOBI Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1983

Lot Details

  • 7.41 Acre Lot
  • Lot Dimensions are 246x1202x253x1219
  • Waterfront

Parking

  • 3 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Home Security System
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Property is near a pond

Utilities

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

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 14-01-29-251-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,566

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Split Level
  • Structure Style: 2 Story
  • Total Tax Amount: 4566
  • Year Built: 1983
  • Mail City: Bruce
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Security System
  • Appliances: Dishwasher, Disposal, Dryer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace
  • Basement: Yes
  • Basement: Partially Finished, Walk Out, Poured, Sump Pump
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 15 x 12
  • Bedroom 2: Dimensions: 17 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Below Grade Sq Ft: 1720
  • Finished Below Grade Sq Ft: 1000
  • Above Grade Finished Sq Ft: 1720
  • Total Finished Sq Ft: 2720

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Basement
  • Frontage: 246
  • Lake Name: Lake Nolan
  • Road: Gravel
  • Water Features: Dock/Pier Facility, Lake Frontage, Pond, Waterfront
  • Waterfront: Yes
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 14-01-29-251-002
  • Lot Dimensions: 246x1202x253x1219
  • Inspection Complete For Well Septic: Yes
  • Acreage: 7.41
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,183.00
  • Winter Tax: Year: 2022, Amount: $1,383.00
  • Taxable Value: 215400
  • Total Tax: Amount: $4,566.00

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Mar 1, 2024
Sold by
Alexandra J Maye Revocable Trust and Maye Alexandra J
Bought by
Mayle David and Wozniak Amanda
Seller's Agent
Mindy Casadei
Keller Williams Realty Lakeside
Buyer's Agent
Ryan Nelson
DOBI Real Estate
List Price
$684,000
Sold Price
$575,000
Premium/Discount to List
-$109,000
-15.94%
Views
269
Current Estimated Value
$643,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,384
Avg. Annual Appreciation
6.87%
Original Mortgage
$225,000
Outstanding Balance
$221,907
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$412,102
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
Mayle David $575,000 First Premier Title
Mayle David $575,000 First Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wozniak Amanda $225,000
Closed Mayle David $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $575,000 -15.9% $211 / Sq Ft
12/15/2023 12/15/23 For Sale $684,000 -- $251 / 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 $4,831 $280,200 $0 $0
2024 $3,303 $265,800 $0 $0
2023 $3,183 $230,500 $0 $0
2022 $4,417 $215,400 $0 $0
2021 $4,323 $213,400 $0 $0
2020 $2,955 $210,800 $0 $0
2019 $3,977 $188,000 $0 $0
2018 $0 $172,360 $0 $0
2017 $3,756 $162,176 $80,199 $81,977
2016 $3,760 $164,410 $0 $0
2015 -- $148,470 $0 $0
2014 -- $134,790 $59,450 $75,340
2011 -- $119,780 $49,580 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50129859

Michigan Multiple Listing Service

APN: 14-01-29-251-002