NOT LISTED FOR SALE

5221 S Faculty Row Glen Arbor, MI 49636

Estimated Value: $1,480,000 - $2,439,000

4 Beds
4 Baths
4,094 Sq Ft
$490/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2017

Last sale price $404,000 $99 Per Sq Ft

Est. 396% increase in value since last sale

Current estimated payment $11,090 / mo

49 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Tiered Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of July 2017

Waterfront gem on the Crystal River! Are you looking for the perfect vacation retreat or year-round home with a peaceful and serene setting? This spacious ranch has the ideal location with easy access to downtown Glen Arbor and the Homestead Resort. The home sports over 4,000 square feet with four bedrooms and four full baths. There are multiple living spaces here with several multi-purpose spaces which could be a living room, family room, media room, game room or any other living environment you desire. This home has two master suites--one of which has fantastic views of the Crystal River. The kitchen is huge and well appointed. This property is going to need a little updating to restore its original charm. This is a bank owned foreclosure--not a short sale. Call today for your personal tour.

Last Agent to Sell the Property

Thomas Webb

Webb Property Group Listed on: 03/20/2017

Last Buyer's Agent

Rob Serbin

Serbin Real Estate

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,345

Year Built

  • Built in 1970

Lot Details

  • 33,541 Sq Ft Lot
  • Private Waterfront
  • 186 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,094 Sq Ft Home
  • Bookcases
  • Paneling
  • Cathedral Ceiling
  • Whole House Fan
  • Skylights
  • Fireplace
  • Bay Window
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Game Room
  • Radiant Floor
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Indoor Grill
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Private Dock
  • Tiered Deck
  • Patio
  • Porch

Schools

  • Glen Lake Elementary School
  • Maple City-Glen Lake Jr/Sr High Middle School
  • Maple City-Glen Lake Jr/Sr High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Propane Water Heater

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,345

Year Built

Built in 1970

Lot Details

0.77 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1970
  • Construction: Frame
  • Private Shared: Private
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1970
  • Year Renovated: 1999

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Window A/C Unit(s), Freezer, Wall Oven, Cook Top, Indoor Grill, Exhaust Fan, Whole House Fan/Attic Fan, Propane Water Heater
  • Interior Amenities: Skylights, Cathedral Ceilings, Built-In Bookcase, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Pantry, Breakfast Nook, Fixer-Upper, Solid Surface Counters, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Game Room, Vaulted Ceilings, Drywall, Paneling
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x14, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 21x18.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12x18, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 4
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 4
  • Full Bathrooms: 4
  • Dining Room: Dimensions: 16x15, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 17.5x20, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15x13.5, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 19x20, On Level: Main Floor, Flooring: Carpet
  • Range: R 14W
  • Total Finished Sf Apx: 4094

Exterior Features

  • Body Of Water: Crystal River
  • Exterior Features: Sprinkler System, Deck, Multi-Level Decking, Patio, Sidewalk, Landscaped, Porch
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block, Entrance Outside
  • Number Of Acres: 0.77
  • Road: Gravel, Private Owned, Shared
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), River, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Vegetation to Water Edge
  • Waterfront Frontage: 186

Garage/Parking

  • Driveway: Gravel, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Hot Water, Baseboard, Central Air, Zoned/Dual, Radiant Floor, Window Air Conditioner
  • Laundry: Dimensions: 6x8, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Level, Sloping
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Joins State/Federal Land, Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 2682.01
  • Total Taxes: 9345.44
  • Winter Taxes: 6663.43
  • Year Winter: 2016

MLS Schools

  • Elementary School: Glen Lake Elementary School
  • HighSchool: Maple City-Glen Lake Jr/Sr High School
  • School District: Glen Lake Community Schools
  • Middle School: Maple City-Glen Lake Jr/Sr High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jul 31, 2017
Sold by
Huntington National Bank
Bought by
Seller's Agent
Thomas Webb
Webb Property Group
Buyer's Agent
Rob Serbin
Serbin Real Estate
List Price
$499,900
Sold Price
$404,000
Premium/Discount to List
-$95,900
-19.18%
Current Estimated Value
$2,004,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,600,482
Avg. Annual Appreciation
19.29%

Purchase Details

Closed on
Aug 6, 1996
Sold by
Paquette
Bought by
Kuhn Marie L
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,000 --
Kuhn Marie L $240,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $404,000 -19.2% $99 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $499,900 -- $122 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $997 $27,560 $2,500 $25,060
2024 $921 $27,560 $2,500 $25,060
2023 $844 $27,560 $2,500 $25,060
2022 $767 $14,780 $2,500 $12,280
2021 $767 $14,780 $2,500 $12,280
2020 $767 $14,780 $2,500 $12,280
2019 $392 $14,780 $2,500 $12,280
2018 $417 $14,780 $2,500 $12,280
2017 $415 $14,740 $2,500 $12,240
2016 $415 $14,740 $2,500 $12,240
2015 $371 $14,740 $2,500 $12,240
2014 $371 $14,740 $2,500 $12,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1829216

Northern Great Lakes REALTORS® MLS

APN: 006-123-001-50

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