NOT LISTED FOR SALE

5990 Lakeshore Rd N Palms, MI 48465

Estimated Value: $544,676 - $684,000

3 Beds
2 Baths
2,432 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $365,000 $150 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,865/month

74 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Fenced Yard

About This Home

As of October 2020

TRULY RELAXING LAKEFRONT/FANTASTIC SWIMMING BEACH-Over 2400 sq. ft. of Living area can expand for entertaining or be intimate areas to enjoy. Gutted, upgraded (electrical, plumbing, windows, doors, city water, foam insulation) & doubled the size with a new 2 story addition. Interior: Hardwood floors, porcelain Italian tile, granite counter tops, stainless steel appliances, fans... Spacious 22'x14' Family Room . Unique limestone fireplace in the cozy LR. Main floor bath & laundry. Entry room doubles as a summer office. French doors from the DR & private door from the FR open out to 20' deck with pergola. 4' stairway leads to 3 bedrooms & a custom bath. Outside: exterior Concrete staggered shake siding with cedar wood trim.Enjoy the view from the deck, the new brick patio or the stairway with 72 easy steps to a sandy swimming beach. partially fenced yard, shed and a seasonal bunk room w/cedar interior and tile floor. Plan to linger when you come.....

Last Agent to Sell the Property

Virginia McNabb

Town & Country Realty-Lexington License #MISPE-6506039284 Listed on: 06/14/2020

Last Buyer's Agent

Debi Fulton

Premier Properties Inc License #MISPE-6501296773

Premier Properties Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2014

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x250
  • Waterfront
  • Rural Setting
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Cement Siding
  • Cedar

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 111-005-100-020-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Contemporary
  • Structure Style: 2 Story
  • Total Tax Amount: 2882
  • Total Tax Year: 2019
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Natural Fireplace
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 17 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 1st Floor, Dimensions: 12 x 8
  • Bedroom 3 Floor Covering: Ceramic
  • Bathrooms Description: First Flr Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 14 x 8, On Level: Second, Flooring: Ceramic
  • Bathroom 2: Dimensions: 13 x 9, On Level: First, Flooring: Ceramic
  • Room Types: Entry, Family Room, First Floor Laundry, Living Room
  • Dining Room: On 1st Floor, Dimensions: 19 x 10
  • Dining Room Floor Covering: Wood
  • Family Room: On 1st Floor, Dimensions: 22 x 14
  • Family Room Floor Covering: Ceramic
  • Kitchen: On 1st Floor, Dimensions: 19 x 12
  • Kitchen Floor Covering: Ceramic
  • Laundry: On 1st Floor, Dimensions: 10 x 7
  • Laundry Room Floor Covering: Ceramic
  • Library Den: On 2nd Floor, Dimensions: 17 x 13
  • Library Den Floor Covering: Ceramic
  • Living Room: On 1st Floor, Dimensions: 15 x 11
  • Living Room Floor Covering: Wood
  • Sun Room: Dimensions: 14 x 13
  • Sun Room Floor Covering: Ceramic
  • Above Grade Finished Sq Ft: 2432
  • Total Finished Sq Ft: 2432

Exterior Features

  • Exterior: Cedar, Cement Siding
  • Exterior Features: Deck, Fenced Yard, Patio
  • Foundation: Crawl
  • Frontage: 100
  • Lake Name: Lake Huron
  • Water Features: Lake Frontage
  • Waterfront: Yes
  • Sideof Street: E
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well, Public Water

Lot Info

  • Assessments: 7700
  • Assessments: Yes
  • Assessor Parcel Number: 111-005-100-020-00
  • Location: Rural
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 100x250
  • Acreage: 0.45
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,332.00
  • Winter Tax: Year: 2019, Amount: $1,550.00
  • Taxable Value: 131207
  • Total Tax: Year: 2019, Amount: $2,882.00
  • SEV Year: 2019

MLS Schools

  • School District: Deckerville Comm School Distr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Oct 5, 2020
Sold by
Leonard and Ulla
Bought by
Benavente Peter and Benavente Mechelle
Seller's Agent
Virginia McNabb
Town & Country Realty-Lexington
Buyer's Agent
Debi Fulton
Premier Properties Inc
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Current Estimated Value
$597,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,419
Avg. Annual Appreciation
9.18%
Original Mortgage
$285,000
Outstanding Balance
$254,635
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$306,665

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 16, 2013
Sold by
Keefer James Owen
Bought by
Leonard Thomas and Leonard Ulla
Seller's Agent
Michael Landon
Premier Properties Inc
Buyer's Agent
Michael Landon
Premier Properties Inc
List Price
$129,000
Sold Price
$132,550
Premium/Discount to List
$3,550
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
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
Benavente Peter $365,000 Other
Leonard Thomas $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benavente Peter $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $365,000 -2.6% $150 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $374,900 -1.3% $154 / Sq Ft
06/14/2020 06/14/20 For Sale $379,900 +186.6% $156 / Sq Ft
08/16/2013 08/16/13 Sold $132,550 +2.8% $133 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $129,000 -- $129 / Sq Ft
Source: Michigan Multiple Listing Service

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 $7,317 $233,800 $0 $0
2024 $1,856 $235,400 $0 $0
2023 $6,696 $200,600 $0 $0
2022 $6,696 $176,700 $0 $0
2021 $6,510 $160,600 $0 $0
2020 $3,005 $136,300 $0 $0
2019 $2,881 $134,600 $0 $0
2018 -- $100,300 $0 $0
2017 -- $77,600 $0 $0
2016 -- $62,500 $0 $0
2015 -- $66,900 $0 $0
2014 -- $70,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50014327

Michigan Multiple Listing Service

APN: 111-005-100-020-00