NOT LISTED FOR SALE

5841 Monroe Rd Olivet, MI 49076

Estimated Value: $240,000 - $336,000

1 Bed
1 Bath
857 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $145,000 $169 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,751/month

89 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • No HOA
  • Dock Facilities
  • Ranch Style House
  • Space Heater

About This Home

As of October 2017

Enjoy this great lakefront cottage with 50' of frontage on Duck Lake. This 857 square foot cottage has 1 bedrooms and 1 bathroom. Spend the summer swimming, fishing or boating on Duck Lake. Duck Lake is west Ann Arbor and east of Kalamazoo. Located on the west side of the lake you will enjoy morning sunrises and a shaded yard in the evening. Duck Lake supports one of the best fisheries in Michigan. It is included in Michigan's 50 Best Fishing Lakes, published by Michigan United Conservation Clubs. This would make a great getaway or rental cottage! It is located at 5841 Monroe Rd Olivet, Michigan.

Last Agent to Sell the Property

Nicole Johnson

KW Realty Livingston License #6501395247 Listed on: 04/12/2017

KW Realty Livingston

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x115x50x113
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 857 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Dock Facilities
  • Deck

Utilities

  • Space Heater
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0611625800

Community Details

Overview

  • No Home Owners Association
  • Spring Grove Plat Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: Sewer Assessment $2550.00
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Total Sq Ft: 857

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Duck Lake
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Water Frontage Feet: 50.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Heating: Space Heater
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1165833.3333
  • Lot Features: Water View
  • Lot Size Area: 0.12
  • Lot Dimensions: 50x115x50x113
  • Parcel Number: 0611625800

Tax Info

  • Tax Amount Summer: 523.0100
  • Tax Amount Winter: 2135.8100
  • Total Tax: 2658.8200

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Sea Wall

MLS Schools

  • School District: Olivet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Oct 6, 2017
Sold by
Bilicke Theodore J and Blodgett Pamela A
Bought by
Vanslyke Steven and Vanslyke Carol
Seller's Agent
Nicole Johnson
KW Realty Livingston
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$270,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,185
Avg. Annual Appreciation
7.72%
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

Date Buyer Sale Price Title Company
Vanslyke Steven $145,000 None Available
Bilicke Theodore J -- Chicago Title Of Michigan In
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $145,000 +3.6% $169 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
07/03/2017 07/03/17 Price Changed $139,900 -3.5% $163 / Sq Ft
05/16/2017 05/16/17 Price Changed $144,900 -3.3% $169 / Sq Ft
04/12/2017 04/12/17 For Sale $149,900 -- $175 / Sq Ft
Source: Realcomp

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 $4,178 $103,300 $0 $0
2024 $872 $92,600 $0 $0
2023 $3,725 $88,100 $0 $0
2022 $3,725 $82,300 $0 $0
2021 $3,572 $77,700 $0 $0
2020 $3,572 $77,800 $0 $0
2019 $0 $73,900 $0 $0
2018 $0 $66,200 $50,600 $15,600
2017 $0 $67,200 $0 $0
2016 $0 $64,900 $0 $0
2015 -- $63,800 $1,965 $61,835
2014 -- $65,300 $1,965 $63,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217028121

Realcomp

APN: 06-116-258-00

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