Seller's Agent in 2020
Craig Benham
Coldwell Banker Professionals-E.L.
(517) 886-5100
1 in this area
38 Total Sales
5961 Monroe Rd Olivet, MI 49076
Estimated Value: $640,000 - $666,000
4
Beds
4
Baths
3,048
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Lake Front
- Vaulted Ceiling
- Main Floor Bedroom
- Deck
- Pole Barn
- Whirlpool Bathtub
About This Home
As of October 2020Stunning Lakefront Home with 100 ft. of frontage on Duck Lake! Over 3,000 Sq. Ft. of living space including 4 BR's, 2 Full Baths, and 2 Half Baths. This home was beautifully maintained by the same owners for the last 26 years and is loaded with upgrades. Updates include an island kitchen with custom hickory cabinetry, tile flooring, stainless appliances, and exquisite granite countertops! The Family Room, Living, and Dining Room (Flex Area) have beautiful hardwood flooring and offer breathtaking lake views. The main floor also has 2 bedrooms, a full bath with steam/walk-in tub, half bath, and first floor laundry. The second floor has a spacious master suite with two walk-in closets, and luxurious updated master bath with whirlpool tub and quartz countertops. The second floor also has an additional bedroom with half bath and lots of storage options. Oh, and don't miss the large loft area which overlooks the living room and has an awesome lake view. Other features a 2 car garage, central air, 2 wood burning fireplaces, massive deck with composite flooring, 22 x 24 barn, 30 x 56 barn with wood shop, Generac Generator back up power system, new sea wall 95', new roof shingles on the home in 2013 with fully transferable 12 year warranty, and new roof shingles on the barns approx. 2014. The gas stove, refrigerator, Bosch dishwasher, washer, dryer, water softener, reverse osmosis system, shed, and Floe aluminum dock system ($17,000 new) are all included with sale. Sellers reserve the refrigerator in the garage.
Last Agent to Sell the Property
Coldwell Banker Professionals-E.L. License #6506040321 Listed on: 09/04/2020
Last Buyer's Agent
Coldwell Banker Professionals-E.L. License #6506040321 Listed on: 09/04/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,695
Year Built
- Built in 1950
Lot Details
- 0.57 Acre Lot
- Lake Front
- West Facing Home
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
Home Design
- Shingle Roof
- Vinyl Siding
- Stone Exterior Construction
Interior Spaces
- 3,048 Sq Ft Home
- 1.5-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Loft
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
- Pole Barn
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Gas Water Heater
- Water Softener is Owned
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Probate Listing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2020
Closed on
Oct 23, 2020
Sold by
Frey Muir P
Bought by
Nathan Shimon
Seller's Agent
Craig Benham
Coldwell Banker Professionals-E.L.
Buyer's Agent
Craig Benham
Coldwell Banker Professionals-E.L.
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,241
Avg. Annual Appreciation
5.18%
Original Mortgage
$375,000
Outstanding Balance
$335,973
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$269,724
Purchase Details
Closed on
Mar 9, 1994
Sold by
Herbster Robert and Herbster Linda
Bought by
Morrison
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nathan Shimon | $475,000 | Tri County Title Agency Llc | |
| Morrison | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nathan Shimon | $375,000 | |
| Previous Owner | Herbster Robert L | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2020 10/23/20 | Sold | $475,000 | -3.0% | $156 / Sq Ft |
| 09/10/2020 09/10/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $489,900 | -- | $161 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $7,903 | $291,700 | $0 | $0 |
| 2024 | $2,506 | $253,800 | $0 | $0 |
| 2023 | $6,987 | $238,200 | $0 | $0 |
| 2022 | $6,987 | $217,400 | $0 | $0 |
| 2021 | $5,954 | $201,200 | $0 | $0 |
| 2020 | $5,954 | $201,800 | $0 | $0 |
| 2019 | $0 | $187,700 | $0 | $0 |
| 2018 | $0 | $173,400 | $101,300 | $72,100 |
| 2017 | $0 | $175,000 | $0 | $0 |
| 2016 | $0 | $168,900 | $0 | $0 |
| 2015 | -- | $164,100 | $3,766 | $160,334 |
| 2014 | -- | $165,100 | $3,766 | $161,334 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 249426
APN: 06-116-240-00
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