NOT LISTED FOR SALE

7245 Olmstead Rd Muir, MI 48860

Estimated Value: $356,000

4 Beds
2.5 Baths
2,700 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $700,000 $259 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $2,100/month

193 Days on Market

Highlights

  • 51 Acre Lot
  • Detached Garage
  • Living Room
  • Farmhouse Style Home
  • Window Unit Cooling System
  • Wood Siding

About This Home

As of October 2023

Gorgeous 4 bed, 3 bath modern Farm house with 51 acres of land! 40x64 pole barn with heat/AC/insulation/water/200 amp power, so many possibilities! Large covered porch overlooking the irrigated lawn and acreage. Bring your horses or toys for the trails. 2 fire pits & groomed trails throughout. Abundant Wildlife. There are 2 different lots for this home (11 acres for and then 39 acres). Parcels are 150-012-000-040-00 and 090-007-000-055-21. Both lots included in sales price. Mix of hardwoods, wetlands & rolling hills. 24kw Generac generator, (3) 200 Amp service panels and wireless internet.

Last Agent to Sell the Property

Gary Newton

RE/MAX REAL ESTATE PROS License #6502393314 Listed on: 03/31/2023

RE/MAX REAL ESTATE PROS

Last Buyer's Agent

Jonathan Dinehart

Live Local Realty License #6502385999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 2017

Lot Details

  • 51 Acre Lot
  • Lot Dimensions are 251.47x801.86x71.48x323.5x125
  • Property is zoned AGR, AGR

Parking

  • Detached Garage

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Window Unit Heating System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 2017
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 251.47x801.86x71.48x323.5x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2700.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1485.0
  • Tax Info:Zoning3: AGR
  • Waterfront Options:Water Access YN: No
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Fireplace: No
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 2700.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Other
  • LivingArea: 2700.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 725000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Heat Pump
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 51.0
  • Lot Size Area: 51.0
  • Lot Dimensions: 251.47x801.86x71.48x323.5x125
  • Lot Size Sq Ft: 2221560.0
  • Zoning Description: AGR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1485.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Oct 31, 2023
Sold by
Christensen Courtney
Bought by
Level 5 Properties Llc
Seller's Agent
Gary Newton
RE/MAX REAL ESTATE PROS
Buyer's Agent
Jonathan Dinehart
Live Local Realty
List Price
$849,900
Sold Price
$700,000
Premium/Discount to List
-$149,900
-17.64%
Views
227
Current Estimated Value
$356,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$344,000
Avg. Annual Appreciation
-31.93%

Purchase Details

Closed on
Oct 17, 2014
Sold by
Sheaffer Gary E and Sheaffer Dianne
Bought by
Reed Jeremiah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Level 5 Properties Llc $158,760 --
Reed Jeremiah J $142,000 Sun Title Agency Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Jeremiah J $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $700,000 -3.4% $259 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $725,000 +3.6% $269 / Sq Ft
08/24/2023 08/24/23 Price Changed $700,000 -12.5% $259 / Sq Ft
06/05/2023 06/05/23 Price Changed $799,900 -5.9% $296 / Sq Ft
03/31/2023 03/31/23 For Sale $849,900 -- $315 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,794 $80,500 $80,500 $0
2024 $858 $80,500 $80,500 $0
2023 $831 $77,800 $77,800 $0
2022 $804 $77,800 $77,800 $0
2021 $1,653 $74,500 $74,500 $0
2020 $800 $74,500 $74,500 $0
2019 $742 $74,500 $74,500 $0
2018 $1,601 $72,500 $72,500 $0
2017 $764 $72,500 $72,500 $0
2016 $742 $68,900 $68,900 $0
2015 -- $68,900 $68,900 $0
2014 -- $68,900 $68,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Newton

    Seller's Agent in 2023

    Gary Newton

    RE/MAX REAL ESTATE PROS

    (517) 410-8307

    704 Total Sales

    Section Image
  • Jonathan Dinehart

    Buyer's Agent in 2023

    Jonathan Dinehart

    Live Local Realty

    (616) 813-8972

    206 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23009414

Southwestern Michigan Association of REALTORS®

APN: 150-012-000-040-00

Michigan Ionia County Muir 48834

7245 Olmstead Rd, Muir, MI

This home is located at 7245 Olmstead Rd, Muir, MI 48860 since 31 March 2023 and is currently estimated at $356,000, approximately $131 per square foot. This property was built in 2017. 7245 Olmstead Rd is a home located in Ionia County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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