NOT LISTED FOR SALE

5625 Pratt Rd Lake Ann, MI 49650

Estimated Value: $209,000 - $295,000

2 Beds
1 Bath
864 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $200,000 $231 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,658/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Porch
  • Wooded Lot
  • Great Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Welcome to 2.54 acres of beautiful Michigan countryside. This move-in ready home is located in the peaceful Almira Township, just 26 minutes from Traverse City. Enjoy the rolling landscape and the comfortable nature of this two-bed, one-bath home, built in 1995. Newer roof, freshly painted, new floor in living room, new carpet in bedrooms, new water heater. This home provides a lot of potential and is situated on a generous lot. The property has plenty of room to expand, allowing you to customize the living space to fit your needs. This home is a great opportunity for anyone looking for an affordable home in a peaceful setting. Call today for more information about this wonderful home, situated in Almira Township.

Last Agent to Sell the Property

Mike Saxton

REO-TCFront-233021 License #6501406656 Listed on: 01/25/2023

REO-TCFront-233021

Last Buyer's Agent

Leanne Deeren

REO-TCFront-233021 License #6501390474

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 1995

Lot Details

  • 2.54 Acre Lot
  • Lot Dimensions are 412x254x409x254
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Satellite Dish

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,467

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1995
  • Construction: Frame
  • Section Number: 29
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods
  • Interior Amenities: Pantry, Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11' 9x11' 9
  • Bedroom 2: Dimensions: 10' 9x11' 3
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 11' 9"x18' 9"
  • Living Room: Dimensions: 20' 7x11' 8", On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 864
  • Estimated Below Grade Unfinished Sq Ft: 864
  • Price Per Sq Ft: 231.48
  • Range: R 13W
  • Total Finished Sf Apx: 864

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Porch
  • Exterior Finish: Vinyl
  • Foundation: Block
  • Number Of Acres: 2.54
  • Road: Gravel
  • Roof: Asphalt

Garage/Parking

  • Driveway: Dirt

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Land Features: Wooded, Level, Sloping
  • Lot Dimensions: 412x254x409x254
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 382.25
  • Winter Taxes: 576.34
  • Year Summer: 2022
  • Year Winter: 2021

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 3, 2023
Sold by
Maeder Timothy
Bought by
Herrick Patrick
Seller's Agent
Mike Saxton
REO-TCFront-233021
Buyer's Agent
Leanne Deeren
REO-TCFront-233021
List Price
$185,000
Sold Price
$200,000
Premium/Discount to List
$15,000
8.11%
Views
33
Current Estimated Value
$253,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,230
Avg. Annual Appreciation
9.82%
Original Mortgage
$160,000
Outstanding Balance
$155,504
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
$97,726

Purchase Details

Closed on
Apr 26, 2017
Sold by
Dunlop James L & L V S Trust
Bought by
Maeder Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
1.1%
Mortgage Type
New Conventional
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
Herrick Patrick $200,000 Attorney Only
Maeder Timothy $49,391 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrick Patrick $160,000
Previous Owner Maeder Timothy $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $200,000 +8.1% $231 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $185,000 -- $214 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $3,467 $98,200 $0 $0
2024 $773 $82,300 $0 $0
2023 $390 $75,000 $0 $0
2022 -- $66,000 $0 $0
2021 -- $61,800 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1908005

Northern Great Lakes REALTORS® MLS

APN: 01-029-004-01