NOT LISTED FOR SALE

557 Shagbark Ln Hanover, MI 49241

Estimated Value: $561,000 - $713,000

4 Beds
3 Baths
3,134 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $625,000 $199 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,395/month

Highlights

  • 147 Feet of Waterfront
  • Deck
  • Mud Room
  • Docks
  • Wooded Lot
  • Screened Porch

About This Home

As of August 2023

Welcome to your own private oasis on Fox Lake-part of the beautiful Farwell Lake chain of lakes! This stunning lakefront home offers a blend of peaceful waterfront living and spacious indoor comfort. Boasting 4 bedrooms, 3 full baths & over 3000 sq ft of living space including a walkout basement, there is plenty of room for family and guests. Nestled on 5 acres of wooded land, this property provides privacy and seclusion, while still having access to the party on Farwell Lake. This property has 147 ft of lake frontage, offering endless opportunities for swimming, fishing, and boating. Inside, the living areas are bright and airy, featuring plenty of windows that frame picturesque views of the lake & wildlife galore. Check it out!

Last Agent to Sell the Property

Tad French

Heart for Homes, LLC License #6501345481 Listed on: 08/01/2023

Last Buyer's Agent

Dana Brown

The Brokerage House License #6501382612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 2012

Lot Details

  • 4.98 Acre Lot
  • 147 Feet of Waterfront
  • The property's road front is unimproved
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • Screened Porch
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Power Generator
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,968

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2012
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3134.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4968.0
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Water Heater:Propane2: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Waterfront Options:Water Frontage3: 147.0
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:GasWood Stove: Yes
  • Additional Items:Generator: Yes
  • Additional Items:LP Tank Rented: Yes
  • Heat Source:Wood2: Yes
  • Heat Type:Wood3: Yes
  • General Property Info:SqFt Above Grade: 1791.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener Owned
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, LP Tank Rented, Center Island, Eat-in Kitchen
  • Fireplace Features: Gas/Wood Stove, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • LivingArea: 3134.0
  • Window Features: Screens, Insulated Windows
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1343.0
  • Basement Rooms:Total Basement SQFT: 1791.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 1343.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch
  • List Price: 674900.0
  • Lot Features: Recreational, Wooded
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Unimproved
  • Roof: Shingle
  • Water Body Name: Fox Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air, Wood
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 4.98
  • Lot Size Area: 4.98
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 216929.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4968.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2008
Sold by
French Tad
Bought by
French Tad and French Jennifer A
Current Estimated Value
$662,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2004
Sold by
Evans Michael A and Nishwitz Robert L
Bought by
French Tad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.74%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 27, 2003
Sold by
Omo Madeline E and Rowlinson Suzanne Yevonne
Bought by
Evans Micheal A and Evans Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.74%
Mortgage Type
Balloon
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
French Tad -- Liberty Title
French Tad $92,500 Midstate Title Company
Evans Micheal A $23,500 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French Tad P $230,107
Closed French Tad $121,400
Closed French Tad P $310,000
Closed French Tad $373,500
Previous Owner French Tad $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $625,000 -7.4% $199 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $674,900 -- $215 / 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 $8,857 $349,000 $0 $0
2024 $5,661 $302,600 $0 $0
2023 $1,805 $228,100 $0 $0
2022 $1,805 $203,700 $0 $0
2021 $1,805 $204,400 $0 $0
2020 $4,919 $183,300 $0 $0
2019 $4,755 $171,700 $0 $0
2018 $4,489 $153,400 $0 $0
2017 $4,229 $154,500 $0 $0
2016 $3,059 $158,900 $158,900 $0
2015 -- $150,700 $150,700 $0
2014 -- $146,800 $146,800 $0
2013 -- $146,800 $146,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23027598

Southwestern Michigan Association of REALTORS®

APN: 000-17-36-101-001-08