NOT LISTED FOR SALE

7470 Five Lakes Dr Farwell, MI 48622

Estimated Value: $218,940 - $465,000

4 Beds
1.5 Baths
864 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 25, 2016

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

Est. 104% increase in value since last sale

Current estimated payment $1,853/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

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

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
  • 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
$320,985
Source: Public Records
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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 $2,033 $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

    31 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

Not Listed for Sale

Detached

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