NOT LISTED FOR SALE

5425 Lake Rd Lakeview, MI 48850

Estimated Value: $205,000 - $351,000

3 Beds
1 Bath
1,760 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $250,000 $142 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,685/month

10 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Snack Bar or Counter
  • Lakeview Elementary School Rated 9+
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of March 2023

Welcome home to your own slice of paradise. This unique 3 Bedroom home is situated on just over 10 secluded acres. This home is an outdoor enthusiast dream featuring abundant wildlife, amazing hunting, multiple gardening spots, perfect marsh area, a pond and a cupola to enjoy a heated indoor viewing of your own 10 acre slice of bliss. Home features cozy atmosphere, with stunning wood details throughout. Boosts three bedrooms , a large updated bathroom and an open concept living area. New flooring throughout and a new dual option furnace that can run off propane or wood for better efficiency and lower heating costs. Come see this amazing property and schedule your private showing today.

Last Agent to Sell the Property

Autumn Colby

RE/MAX United (Main) License #6501398359 Listed on: 02/13/2023

RE/MAX United (Main)

Last Buyer's Agent

Austin Hilyer

Five Star Real Estate (Rock) License #6501407757

Five Star Real Estate (Rock)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1955

Lot Details

  • 10.2 Acre Lot
  • Lot Dimensions are 260x1320
  • Home fronts a pond
  • Private Waterfront
  • The property's road front is unimproved
  • Wooded Lot

Parking

  • 2 Car Garage
  • Carport
  • Unpaved Driveway

Home Design

  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 260x1320
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1760.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1231.75
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Util Avail at Street:Electric: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Roofing:Metal: Yes
  • Substructure:Crawl Space: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Rented: Yes
  • Heat Source:Wood2: Yes
  • General Property Info:SqFt Above Grade: 1760.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Interior Amenities: LP Tank Rented
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1760.0
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 250000.0
  • Lot Features: Wooded
  • Road Surface Type: Unimproved
  • Roof: Metal
  • Waterfront Features: Pond
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Carport
  • Parking Features Carport14: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 10.2
  • Lot Size Area: 10.2
  • Lot Dimensions: 260x1320
  • Lot Size Sq Ft: 444312.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1231.75
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 31, 2023
Sold by
Bean Ethan Manuel and Bean Rachel
Bought by
Fisher William
Seller's Agent
Autumn Colby
RE/MAX United (Main)
Buyer's Agent
Austin Hilyer
Five Star Real Estate (Rock)
List Price
$250,000
Sold Price
$250,000
Views
63
Current Estimated Value
$276,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,542
Avg. Annual Appreciation
-0.98%
Original Mortgage
$245,471
Outstanding Balance
$239,086
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$5,202

Purchase Details

Closed on
Feb 18, 2022
Sold by
Bean Ethan M
Bought by
Bean Ethan Manuel and Bean Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 18, 2013
Sold by
Fannie Mae
Bought by
Bean Ethan M
Seller's Agent
Jon Stout
Stout Group Ltd
Buyer's Agent
Barbara Furton
Coldwell Banker Professionals
List Price
$54,900
Sold Price
$50,050
Premium/Discount to List
-$4,850
-8.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$55,000
Interest Rate
3.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2011
Sold by
Waite Richard C
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Feb 16, 1999
Sold by
Landstra David
Bought by
Holst Archie E

Purchase Details

Closed on
Jun 23, 1987
Sold by
Landstra Nancy
Bought by
Landstra Albert G

Purchase Details

Closed on
Jul 1, 1969
Sold by
Landstra Albert G Th
Bought by
Landstra Albert G and David Th
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
Fisher William $250,000 Chicago Title
Bean Ethan Manuel -- Acker Title
Bean Ethan M $50,050 None Available
Flagstar Bank Fsb $112,476 --
Holst Archie E $9,000 --
Landstra Albert G -- --
Landstra Albert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher William $245,471
Previous Owner Bean Ethan Manuel $105,000
Previous Owner Bean Ethan M $72,000
Previous Owner Bean Ethan M $60,000
Previous Owner Bean Ethan M $55,000
Previous Owner Holst Archie E $111,200
Previous Owner Holst Archie E $35,000
Previous Owner Holst Archie E $90,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $250,000 0.0% $142 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $250,000 +399.5% $142 / Sq Ft
04/22/2013 04/22/13 Sold $50,050 -8.8% $33 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $54,900 -- $37 / Sq Ft
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
2025 $2,054 $80,800 $0 $0
2024 $1,274 $72,500 $0 $0
2023 -- $65,700 $0 $0
2022 -- $55,900 $0 $0
2021 -- $48,400 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23004410

Southwestern Michigan Association of REALTORS®

APN: 016-001-011-50