NOT LISTED FOR SALE

5481 Pratt Rd Lapeer, MI 48446

Estimated Value: $359,000 - $452,000

3 Beds
1 Bath
1,800 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $175,000 $97 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,449/month

68 Days on Market

Highlights

  • 10.05 Acre Lot
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of June 2014

This picturesque 10 acre horse ranch settled in the Goodrich school district is something that most people only dream of owning. The vintage charm that this farmhouse holds, topped with the rolling hills and majestic view overlooking the Hadley Hills make it a must see! Seven of the ten acres are fenced in for horses to graze. In addition to the 36 x 36 horse barn which has 3 stalls, there is also a storage barn that is 30 x 40 with 12 foot ceilings and a separate heated workshop that is 26 x 28. There is also a craft shop and a nice coral for horses. Come see it and let the nature and wildlife take your breath away today!

Last Agent to Sell the Property

Troy Cordes

Realty Executives Main St LLC License #6501372767 Listed on: 02/21/2014

Realty Executives Main St LLC

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 10.05 Acre Lot
  • Lot Dimensions are 342x343x1287x1286

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01000802000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,506

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 18895.5224
  • Lot Size Area: 10.05
  • Lot Dimensions: 342x343x1287x1286
  • Parcel Number: 01000802000

Tax Info

  • Tax Amount Summer: 859.0000
  • Tax Amount Winter: 1647.0000
  • Total Tax: 2506.0000

MLS Schools

  • School District: Goodrich

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jun 18, 2014
Sold by
Cannell Theodore A and Cannell Robin
Bought by
Rathburg Robert A and Rathburg Katherine L
Seller's Agent
Troy Cordes
Realty Executives Main St LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$411,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,877
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Zientowski P
Bought by
Cannell Theodore

Purchase Details

Closed on
Jul 1, 1992
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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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
Rathburg Robert A $175,000 --
Cannell Theodore $148,000 --
-- $98,000 --
-- $98,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2014 06/18/14 Sold $175,000 -7.8% $97 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $189,900 -- $106 / Sq Ft
Source: Realcomp

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 $3,490 $175,000 $0 $0
2024 $1,117 $160,000 $0 $0
2023 $1,067 $146,400 $0 $0
2022 $3,161 $128,600 $0 $0
2021 $2,931 $119,700 $0 $0
2020 $2,840 $111,900 $0 $0
2019 $961 $110,700 $0 $0
2018 $2,817 $105,914 $105,914 $0
2017 $2,761 $104,372 $0 $0
2016 $915 $101,396 $101,396 $0
2015 -- $0 $0 $0
2014 -- $88,947 $88,947 $0
2013 -- $87,716 $87,716 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214014807

Realcomp

APN: 010-008-020-00