NOT LISTED FOR SALE

5275 Will Dr Indian River, MI 49749

Estimated Value: $362,000 - $407,000

4 Beds
2.5 Baths
3,100 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $339,000 $109 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,398/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • Lower Floor Utility Room
  • Living Room

About This Home

As of August 2023

This 4-bedroom, 3 bath, 3100 sq ft home is located in a quiet neighborhood full of well-maintained homes. The seller has made several high-quality home-improvements throughout; top-notch vinyl plank flooring installed in 2022, newer quality carpet, custom blinds, 2022 gutters, brand new bathroom vanity, large mudroom off of the garage and a 13-zone sprinkler system. The large master en-suite has a walk-in closet. Kitchen features a large breakfast bar, maple cabinetry, modern flooring and appliances. Full finished basement is bursting of sunlight from large windows beaming into the huge second living room. The full-basement features 2 large bedrooms with a jack/jill bathroom and plenty of storage. Backyard has a new “spare no expense” privacy fence. Afton stone RV pad recently installed AND both the front porch and back deck have maintenance free composite decking. The heated/insulated 2.5 car garage is extra deep to allow for ample storage. This home is a stones through from Burt Lake State park, the extensive Wildwood trail system and downtown Indian River. This modern home has all the extras such as high-speed internet, natural gas heat and central air. What a fantastic home!

Last Agent to Sell the Property

Kurt Jacobs

Alpine Realty Group Listed on: 05/18/2023

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,303

Lot Details

  • 0.43

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 188x100x188x100

Listing and Financial Details

  • Assessor Parcel Number 161-I52-000-015-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,303

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/18/2023
  • Section: 36
  • Second Address Number: 5275
  • Directions: Take US 27 south of Indian River to Inland Lakes Estate, turn left on Will Drive, home located on the right near the cul-de-sac.
  • Price per Sq Ft: 109.35
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Cathedral Ceilings, Central Air, Deck, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 3100
  • Master Bedroom: Dimensions: 15x13.6, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Lower
  • Bedroom 4: Dimensions: 10.4x7, On Level: Lower
  • Total Rooms: 12
  • Basement: Full, Finished
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: combo, On Level: Main
  • Family Room: On Level: Lower
  • Living Room: Dimensions: 29.8x14, On Level: Main
  • Above Grade Finished Sq Ft: 1630
  • Bathroom 1: Dimensions: 15x8, On Level: Main
  • Bathroom 2: Dimensions: 9x5, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Lower
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Yes
  • Fees: $150

Schools

  • School District: Inland Lakes
  • School District: Inland Lakes

Lot Info

  • Estimated Lot Dimensions: 188x100x188x100
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 161-I52-000-015-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 24, 2023
Sold by
Mccullough Cory
Bought by
Cooley Adam M and Cooley Ashley N
Seller's Agent
Kurt Jacobs
Alpine Realty Group
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$399,000
Sold Price
$339,000
Premium/Discount to List
-$60,000
-15.04%
Views
339
Current Estimated Value
$380,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,233
Avg. Annual Appreciation
5.70%
Original Mortgage
$338,900
Outstanding Balance
$331,836
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$48,397

Purchase Details

Closed on
Jul 20, 2011
Sold by
Fordanich Denis M
Bought by
Mccullough Cory E and Mcullough Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
3.71%

Purchase Details

Closed on
Jul 30, 2009
Sold by
Casucci Denise F
Bought by
Fordanich Denise M

Purchase Details

Closed on
Nov 3, 2006
Sold by
Kriesch Troy
Bought by
Casucci Denise F
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
Cooley Adam M $339,000 --
Mccullough Cory E $178,500 --
Fordanich Denise M -- --
Casucci Denise F $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Adam M $338,900
Previous Owner Mccullough Cory E $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $339,000 -2.9% $109 / Sq Ft
07/14/2023 07/14/23 Price Changed $349,000 -12.5% $113 / Sq Ft
05/18/2023 05/18/23 For Sale $399,000 -- $129 / Sq Ft
Source: Northern Michigan MLS

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 $4,303 $164,000 $0 $0
2024 $1,968 $168,000 $0 $0
2023 $919 $142,900 $0 $0
2022 $875 $115,100 $0 $0
2021 $1,887 $98,500 $98,500 $0
2020 $1,786 $87,300 $87,300 $0
2019 $1,768 $88,500 $88,500 $0
2018 $1,705 $89,700 $0 $0
2017 $1,639 $90,300 $0 $0
2016 $1,622 $82,200 $0 $0
2015 -- $68,800 $0 $0
2014 -- $80,600 $0 $0
2012 -- $64,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471051

Northern Michigan MLS

APN: 161-I52-000-015-00