NOT LISTED FOR SALE

5875 E Exchange Rd Bancroft, MI 48414

Estimated Value: $259,561

4 Beds
3 Baths
2,000 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2025

Last sale price $190,000 $95 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,682 / mo

31 Days on Market

Highlights

  • 225 Feet of Waterfront
  • Barn
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Nestled in a peaceful, rural location, this spacious 4-bedroom, 3-bathroom ranch home offers the perfect opportunity to create your dream home. Set on a generous 2-acre lot, the property provides plenty of room for outdoor activities, gardening, or even expanding your vision. While the home is in need of some TLC, it’s brimming with potential and ready for your personal touch. The open floor plan provides a great canvas to update and modernize, with ample space for family living. The large living room features plenty of natural light, and the kitchen offers great bones, just waiting for your renovation ideas. The bedrooms are generously sized, and the master suite includes an en-suite bathroom for added privacy. The expansive lot offers the serenity of country living with no shortage of possibilities – whether you envision a garden, barn, or outdoor entertainment space, the land offers the flexibility to make it happen. This property is perfect for anyone looking to invest in a home with character and the potential to shine once more. Enjoy the peace and tranquility of rural living, while still being conveniently close to local amenities. Don’t miss this fantastic opportunity to turn this hidden gem into your forever home! Schedule your showing today and explore the potential this property holds!

Last Agent to Sell the Property

Kayla Shaffer

Epique Realty License #6501436562 Listed on: 02/18/2025

Epique Realty

Last Buyer's Agent

Esteban Rubio Leos

License #6506049048

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 2 Acre Lot
  • 225 Feet of Waterfront
  • River Front
  • Dirt Road

Home Design

  • Poured Concrete
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Family Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Additional Features

  • Ground Level
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0112540000600
  • $70 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$838

Year Built

Built in 1996

Lot Details

2 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • State Equalized Value: 115500.00
  • Entry Location: GroundLevelwSteps
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 2.00
  • Water Body Name: Shiawassee River
  • Co List Office Mls Id: 432720
  • Above Grade Finished Sq Ft: 2000.00
  • Living Area: 2000.00
  • ClassName: Residential
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: FamilyRoom

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Basement, Poured
  • Construction Materials: VinylSiding
  • Road Frontage Type: Dirt
  • Water Frontage Feet: 225.00
  • Disclosures: ExclusionsDoNotExist, NoRestrictions, TaxesHomesteadExempt
  • Exclusions: Exclusion(s) Do Not Exist
  • Home Warranty: No
  • Other Structures: Barns
  • Roof: Metal

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CentralAir
  • Heating: ForcedAir, Propane
  • Sewer: SepticTank
  • Water Source: Well

Schools

  • Junior High Dist: Durand

Lot Info

  • Lot Size Area: 2.00
  • Lot Dimensions: irregular
  • Parcel Number: 0112540000600

Tax Info

  • Tax Amount Summer: 767.00
  • Tax Amount Winter: 71.00
  • Tax Annual Amount: 838.00
  • Tax Other Annual Assessment Amount: 70.00

Multi Family

  • Waterfront Features: RiverFront

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
Feb 10, 2026
Sold by
Bought by
Current Estimated Value
$259,561

Purchase Details

Listed on
Feb 18, 2025
Closed on
Jun 26, 2025
Sold by
Bought by
Seller's Agent
Kayla Shaffer
Epique Realty
Buyer's Agent
Esteban Rubio Leos
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.79%
Original Mortgage
$152,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Source: Public Records

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
-- None Listed On Document
$190,000 Epic Title Services Llc
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 $152,000
Previous Owner $25,000
Previous Owner $114,500
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
06/26/2025 06/26/25 Sold $190,000 -13.6% $95 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $220,000 -- $110 / Sq Ft
Source: Realcomp

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 $3,023 $112,500 $0 $0
2025 $2,047 $126,100 $0 $0
2024 $71 $115,500 $0 $0
2023 $1 $0 $0 $0
2022 $2,575 $0 $0 $0
2021 $2,575 $90,000 $0 $0
2020 $45 $0 $0 $0
2019 $2,559 $97,300 $0 $0
2018 $2,488 $96,600 $0 $0
2017 $2,379 $87,800 $0 $0
2016 -- $87,800 $0 $0
2015 -- $87,300 $0 $0
2014 $8 $83,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250027999

Realcomp

APN: 011-25-400-006

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