NOT LISTED FOR SALE

5437 Farrell Rd Central Lake, MI 49622

Estimated Value: $416,000 - $525,000

2 Beds
3.5 Baths
2,337 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2024

Last sale price $332,000 $142 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,410 / mo

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Pole Barn
  • First Floor Utility Room
  • Living Room

About This Home

As of February 2024

Enjoy the private country side living while still taking advantage of Michigan's most saught after bodies of water. Just one mile from Eastport Landing public launch to Torch Lake and 5 minutes to Grand Traverse bay sits this 10 acre beautifully maintained home. This home features a wrap around sun room, fireplace, 2 upstairs bedrooms and full bathrooms, and a large finished basement. There is a nonconforming bedroom, den, 3/4 bathroom, and a walk out 2 car garage in the basement. Step outside and enjoy the wide open freshly mowed backyard with mature fruit trees and wooded back acres. This property also features a detached 40x36 garage with a workshop, 1/2 bath and an upstairs storage area. Welcome yourself home to the peace and privacy after enjoying your day exploring all that Northern Michigan has to offer.

Last Agent to Sell the Property

Kendie Jacobs

Kidd & Leavy Real Estate Co. LLC Listed on: 02/20/2024

Last Buyer's Agent

Kendie Jacobs

Kidd & Leavy Real Estate Co. LLC Listed on: 02/20/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 336x1310

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,337 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Pole Barn

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-14-106-003-00

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

10 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1974
  • Lvt Date: 02/20/2024
  • Section: 6
  • Second Address Number: 5437
  • Directions: From Elk Rapids, take US-31 North 16 miles. Right on M-88 for .8 miles then left on Farrell Rd
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 2337
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1533
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated, 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

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Central Lake

Lot Info

  • Estimated Lot Dimensions: 336x1310
  • Estimated Number of Acres: 10
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 05-14-106-003-00

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
Feb 20, 2024
Closed on
Feb 16, 2024
Sold by
Bought by
Seller's Agent
Kendie Jacobs
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Kendie Jacobs
Kidd & Leavy Real Estate Co. LLC
List Price
$358,000
Sold Price
$332,000
Premium/Discount to List
-$26,000
-7.26%
Current Estimated Value
$539,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,582
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
Sep 7, 2001
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$332,000 Crossroads Title
$143,000 --
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 Prior Sale
02/20/2024 02/20/24 For Sale $358,000 +7.8% $153 / Sq Ft
02/16/2024 02/16/24 Sold $332,000 -0.9% $142 / Sq Ft
02/16/2024 02/16/24 Sold $335,000 -6.4% $219 / Sq Ft View Prior Sale
01/10/2024 01/10/24 For Sale $358,000 0.0% $234 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
10/19/2023 10/19/23 Price Changed $358,000 -1.9% $234 / Sq Ft
09/25/2023 09/25/23 Price Changed $365,000 -3.9% $238 / Sq Ft
09/12/2023 09/12/23 For Sale $380,000 -- $248 / Sq Ft
Source: Northern Michigan 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
2026 $5,936 $222,800 $0 $0
2025 $3,099 $221,500 $0 $0
2024 $22 $192,000 $0 $0
2023 $5,431 $190,000 $0 $0
2022 $2,423 $145,500 $0 $0
2021 $2,238 $131,300 $0 $0
2020 $2,285 $121,000 $0 $0
2019 $2,208 $109,900 $0 $0
2018 $2,158 $100,600 $0 $0
2017 $1,976 $93,900 $0 $0
2016 $1,094 $90,500 $0 $0
2015 -- $100,600 $0 $0
2014 -- $96,700 $0 $0
2013 -- $107,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendie Jacobs

    Seller's Agent in 2024

    Kendie Jacobs

    Kidd & Leavy Real Estate Co. LLC

    (231) 489-5453

    75 Total Sales

    Kendie Jacobs
    Section Image

  • J

    Seller's Agent in 2024

    Jordyn Jepkema

    Homewaters, LLC

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 473117

Northern Michigan MLS

APN: 05-14-106-003-00

Michigan Antrim County Central Lake 49622

5437 Farrell Rd, Central Lake, MI

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Northern Michigan MLS 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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