NOT LISTED FOR SALE

7470 Five Lakes Dr Farwell, MI 48622

Estimated Value: $221,373 - $277,000

4 Beds
1.5 Baths
864 Sq Ft
$299/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $157,000 $182 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,543/month

17 Days on Market

Highlights

  • Waterfront
  • Great Room with Fireplace
  • 2 Car Detached Garage
  • Deck
  • Ranch Style House
  • Shed

About This Home

As of July 2016

Stunning updated ranch, spacious & ideal for a year around home or the perfect "Up North" Get-Away! The large elevated lot lends to an amazing View! Terraced towards the lake, 2 decks, patio and shoreline storage building! The 2+ car detached garage makes for great storage.Note: The 2 sleeping areas in the Walkout Lower Level, do not have egress windows.

Last Agent to Sell the Property

Dawn Peyton

PEYTON PROPERTIES, LLC License #CGBOR-6502325604 Listed on: 05/01/2016

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 68x212x50x220
  • Waterfront

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Dryer

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 015-260-291-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2323
  • Total Tax Year: 2015
  • Year Built: 1978
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator
  • Fireplaces: Gas Fireplace, Grt Rm Fireplace
  • Basement: Yes
  • Basement: Block, Finished, Full, Walk Out
  • Bedrooms: 4
  • Bedroom 1: On Lower Floor, Dimensions: 10 x 9
  • Bedroom 4: On Main Floor, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 4, On Level: Lower
  • Bathroom 4: Dimensions: 8 x 8, On Level: Main
  • Family Room: On Lower Floor, Dimensions: 21 x 21
  • Great Room: On Main Floor, Dimensions: 23 x 13
  • Below Grade Sq Ft: 864
  • Finished Below Grade Sq Ft: 836
  • Above Grade Finished Sq Ft: 864
  • Total Finished Sq Ft: 864
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 50
  • Lake Name: Five Lakes
  • Road: Paved Street
  • Water Features: All Sports Lake
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 015-260-291-00
  • Zoning: Residential
  • Lot Dimensions: 68x212x50x220
  • Acreage: 0.29
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $612.95
  • Winter Tax: Amount: $1,710.39
  • Taxable Value: 57248
  • Total Tax: Year: 2015, Amount: $2,323.00

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2006
Sold by
Keillor
Bought by
Laming Adam D and Laming Melissa A
Current Estimated Value
$258,093
Source: Public Records

Range of Values:

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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
Laming Adam D $137,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $157,000 -4.6% $182 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $164,500 -- $190 / Sq Ft
Source: Clare Gladwin Board 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 $2,100 $93,696 $26,180 $67,516
2024 $830 $86,917 $25,200 $61,717
2023 $755 $85,276 $25,032 $60,244
2022 $1,908 $74,215 $26,768 $47,447
2021 $1,853 $75,600 $0 $0
2020 $1,832 $71,900 $0 $0
2019 $1,637 $71,000 $0 $0
2018 $1,586 $64,800 $0 $0
2017 $682 $63,700 $0 $0
2016 $615 $62,316 $0 $0
2015 -- $58,862 $0 $0
2014 -- $57,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dawn Peyton

    PEYTON PROPERTIES, LLC

    (989) 240-0347

    32 Total Sales

    Dawn Peyton
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Non Member

    NONMEMBER

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41022154

Clare Gladwin Board of REALTORS®

APN: 015-260-291-00

Michigan Clare County Farwell 48622

7470 Five Lakes Dr, Farwell, MI

This home is located at 7470 Five Lakes Dr, Farwell, MI 48622 since 01 May 2016 and is currently estimated at $258,093, approximately $298 per square foot. This property was built in 1978. 7470 Five Lakes Dr is a home located in Clare County with nearby schools including Farwell High School.

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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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