NOT LISTED FOR SALE

5731 Monroe Rd Olivet, MI 49076

Olivet Area

Estimated Value: $438,000 - $673,000

5 Beds
3.5 Baths
2,724 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2020

Last sale price $370,000 $136 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,576 / mo

130 Days on Market

Highlights

  • Lake Front
  • Solid Surface Countertops
  • Balcony
  • Deck
  • Screened Porch
  • Bar

About This Home

As of July 2020

Lake living at it's finest! This gorgeous lake house is awaiting it's new owners to enjoy 629 acre all sport Duck Lake. Sitting on the westside of the lake you'll fall in love with the sunrises as you enjoy some of the best views on the lake. The open concept main floor is great for entertaining and leads out onto the large screened in porch with built in bar. The second level features a family room with a 2nd story deck for even better views Continue on down the hallway and you'll find your master suite with lake views, soaking tub, walk-in closet and attached laundry! Four more bedrooms and a 3rd level give you ample space for everyone to enjoy. The list goes on with all the features to love about 5731 Monroe Rd., schedule a showing today and start living the lake life of your dreams!

Last Agent to Sell the Property

Grant Snyder

Exit Great Lakes Realty License #6501415672 Listed on: 02/01/2020

Exit Great Lakes Realty

Co-Listed By

Jacob Dornbos

Dornbos Homes, LLC License #6501419166

Last Buyer's Agent

Jonathan Lum

EXIT Realty Home Partners License #6502412954

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 2012

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 65x100
  • Lake Front
  • West Facing Home

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,724 Sq Ft Home
  • 2.5-Story Property
  • Bar
  • Living Room
  • Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Well
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,593

Year Built

Built in 2012

Lot Details

6,490 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 2724.0
  • General Property Info:Lot Size Dimensions: 65x100
  • General Property Info:Reserved Items: No
  • General Property Info:Above Grade Finished Area: 2724.0
  • General Property Info:Level 2 Finished Area: 1345.0
  • General Property Info:Level 1 Finished Area: 983.0
  • General Property Info:Total Livable Area: 2724.0
  • General Property Info:Level 3 Finished Area: 396.0
  • Improvements:Balcony: Yes
  • General Property Info:Front Door: West
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Bar, Primary Bathroom, Solid Surface Counters
  • Total Bedrooms: 5
  • Dining Room Level: First
  • Living Room Level: First
  • Levels: Two and One Half
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bedroom 5 Level: Third
  • Other Level: Second
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Area: 2724.0
  • Baths:_pound_Full Baths 2: 3
  • Baths:_pound_Half Baths 1: 1
  • Appliances:Gas Water Heater: Yes
  • Rooms:Bedroom 2: Yes
  • Rooms:Bedroom 3: Yes
  • Rooms:Dining Room2: Yes
  • Rooms:Kitchen2: Yes
  • Rooms:Kitchen Level2: First
  • Rooms:Living Room2: Yes
  • Rooms:Primary Bedroom2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Electric Dryer Hookup: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Primary Bathroom: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Bar: Yes
  • Levels:Two and One Half: Yes
  • Rooms:Bedroom 4: Yes
  • Laundry Features:Upper Level: Yes
  • Appliances:Gas Range: Yes
  • Rooms:Bedroom 5: Yes
  • Appliances:Gas Oven: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Rooms:Other37: Yes

Exterior Features

  • Roof: Metal
  • ExteriorFeatures: Balcony
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Porch, Screened
  • WaterfrontFeatures: Lake, Lake Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Porch: Yes
  • Road Frontage Type:City Street: Yes
  • Exterior:Vinyl Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Road Surface Type:Paved: Yes
  • Waterfront Features:Lake3: Yes
  • Roof:Metal: Yes

Garage/Parking

  • Parking Features: Gravel
  • Parking Features Garage Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Refrigerator, Range, Oven, Gas Range, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • LaundryFeatures: Electric Dryer Hookup, Upper Level
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes
  • Cooling:Exhaust Fan: Yes

Schools

  • Junior High Dist: Olivet

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size: 65x100
  • Lot Size Sq Ft: 6490.44
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Tax Info

  • Tax Annual Amount: 3593.0
  • Tax Info:Taxable Value: 109297.0
  • Tax Info:State Eq Value: 138000.0

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

Closed on
Dec 9, 2020
Sold by
Bought by
Current Estimated Value
$510,382

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jul 16, 2020
Sold by
Bought by
Seller's Agent
Grant Snyder
Exit Great Lakes Realty
Buyer's Agent
Jonathan Lum
EXIT Realty Home Partners
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$333,000
Interest Rate
0.031%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,600
Interest Rate
0.0395%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
0.047%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$29,900 Ata National Title Group Llc
$370,000 Ata National Title Group Llc
-- Liberty Title
$195,000 Bell Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $333,000
Previous Owner $333,600
Previous Owner $156,000
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
07/16/2020 07/16/20 Sold $370,000 -3.9% $136 / Sq Ft
05/04/2020 05/04/20 Price Changed $385,000 -9.4% $141 / Sq Ft
02/01/2020 02/01/20 For Sale $425,000 -- $156 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $9,275 $237,900 $0 $0
2025 $1,994 $225,000 $0 $0
2024 $1,842 $192,700 $0 $0
2023 $7,797 $179,200 $0 $0
2022 $7,797 $161,600 $0 $0
2021 $3,701 $147,900 $0 $0
2020 $3,701 $148,000 $0 $0
2019 $0 $138,000 $0 $0
2018 $0 $120,900 $65,800 $55,100
2017 $0 $110,100 $0 $0
2016 $0 $106,300 $0 $0
2015 -- $103,300 $2,456 $100,844
2014 -- $103,000 $2,456 $100,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 243924

Greater Lansing Association of Realtors®

APN: 06-116-231-00

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