NOT LISTED FOR SALE

5705 Farrell Rd Central Lake, MI 49622

Estimated Value: $709,000 - $947,000

4 Beds
3 Baths
3,431 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $550,000 $160 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,362/month

211 Days on Market

Highlights

  • New Construction
  • Deck
  • Wooded Lot
  • Bay View
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of December 2020

Amazing Lake Michigan Views - Escape from the city and enjoy this new contemporary build on over 3 acres in quiet God's country! This 4 bedroom, 3 bath home is brand new! Kitchen will boast a 37" x 10' island with quartz counter tops, designer back splash, crown molding and a pantry. Enjoy the countryside views through your wall to floor windows, open floor plan and stay cozy with your gas log fireplace in the living room. Sit out on your back deck while watching the colorful sun as it sets over Lake Michigan. Main floor master suite with a double shower and a private deck. 2 car attached garage. Your guests will enjoy the finished lower level with its own bedroom, bath, living space and patio. Low maintenance, luxury vinyl plank flooring throughout home. Come make this your sanctuary and retreat from the craziness of today!!!

Last Agent to Sell the Property

Darci Springborn

REO - Elk Rapids-101308 License #6502411784 Listed on: 05/26/2020

REO - Elk Rapids-101308

Co-Listed By

Dennis Irelan

Lakeside Properties Real Estate License #6502393037

Last Buyer's Agent

Kaitlyn Barry

231 Real Estate Co. License #6502432744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3.11 Acre Lot
  • Lot Dimensions are 125x1086x125x1087
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 3,431 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, 1 Story
  • Estimated Year Built: 2020
  • Construction: Frame, Under Construction, New Construction
  • Section Number: 6
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Exhaust Fan, Smoke Alarms(s)
  • Interior Amenities: Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Vaulted Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14x15, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11.5x13, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 3: Dimensions: 11.5x13, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 4: Dimensions: 12x14, On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 9x15, On Level: Main Floor
  • Living Room: Dimensions: 22x24
  • Estimated Above Ground Finished Sq Ft: 1715
  • Estimated Below Grade Finished Sq Ft: 1186
  • Estimated Below Grade Unfinished Sq Ft: 528
  • Price Per Sq Ft: 160.3
  • Range: R 8W
  • Total Finished Sf Apx: 3431

Exterior Features

  • Exterior Features: Bay View, Deck, Patio, Countryside View, Garden Area
  • Exterior Finish: Cement Board
  • Foundation: Walkout, Poured Concrete, Entrance Outside, Finished Rooms, Egress Windows, Plumbed for Bath, Full Finished
  • Number Of Acres: 3.11
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Central Lake Public Schools

Lot Info

  • Lot Number: P-3
  • Land Features: Wooded-Hardwoods, Cleared, Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: 125x1086x125x1087
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 758
  • Total Taxes: 1028
  • Winter Taxes: 270
  • Year Summer: 2019
  • Year Winter: 2019

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Dec 25, 2020
Sold by
Blue Water Dev Llc
Bought by
Padgett Brian and Padgett Briana
Seller's Agent
Darci Springborn
REO - Elk Rapids-101308
Buyer's Agent
Kaitlyn Barry
231 Real Estate Co.
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Current Estimated Value
$800,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,165
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Nov 14, 2018
Sold by
Goldman Gary B and Goldman Dawn P
Bought by
Blue Water Dev Llc

Purchase Details

Closed on
Aug 31, 1996
Bought by
Warner Roy A and Warner Sharon G
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
Padgett Brian $550,000 None Available
Blue Water Dev Llc -- --
Warner Roy A $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $550,000 -6.6% $160 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $589,000 -- $172 / 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 $29 $318,100 $0 $0
2024 $29 $293,000 $0 $0
2023 $2,770 $293,700 $0 $0
2022 $5,137 $236,400 $0 $0
2021 $4,744 $211,200 $0 $0
2020 $3,422 $83,000 $0 $0
2019 $1,026 $25,000 $0 $0
2018 $495 $12,100 $0 $0
2017 $482 $12,200 $0 $0
2016 $366 $12,200 $0 $0
2015 -- $13,800 $0 $0
2014 -- $13,800 $0 $0
2013 -- $20,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1875026

Northern Great Lakes REALTORS® MLS

APN: 05-14-106-001-25