NOT LISTED FOR SALE

7510 Five Lakes Dr Farwell, MI 48622

Estimated Value: $231,000 - $306,000

3 Beds
2 Baths
900 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $245,000 $272 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,850/month

9 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Ground Level Unit
  • Spa
  • Ranch Style House
  • 2 Car Detached Garage

About This Home

As of January 2024

Beautiful 50 Feet Waterfront On Five Lakes / 120 Acre All Sports Lake / Half Acre Lot Farewell MI in Grant Twp / Hot Tub Included / Nearby Clare And 20 Miles To Soaring Eagle Casino / Large Waterfront Dock And Boat Slip / 2 Stairways Down To Waterfront / Walkout Finished Basement / Large 32x12 Deck With Remote Awning Off Kitchen / Large 26x22 Garage / Concrete Driveway / Fenced Dog Run / Boulder And Rock Landscape / Lake Fed Lawn Sprinkler System / Lake Shed With Electricity / Family Event Filled HOA For Holiday Celebrations / Year Around Or Weekend Fun / 3 Bed 2 Bath / First Floor Master / High Ceilings With 3 Skylights / 2 Sub Pump Systems Always Dry / Appliances Included & Some Furnishings / New Floors / New Paint / New Hot Water Heater / Double Sink Bathroom / Low Cost $175 HOA Per Year / New Paved Roads / Free Home Warranty / Make This Your Dream Home. Taxes Are Currently Non Homestead.

Last Agent to Sell the Property

Eric Stamm

Eric Stamm Team Real Estate License #6502405665 Listed on: 10/24/2023

Last Buyer's Agent

KEVIN NAGEL

License #6501325435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65 x 195 x 50 x 190
  • 50 Feet of Waterfront
  • Lake Front
  • Kennel

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Free-Standing Electric Range
  • Ground Level Unit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 01526028700

Community Details

Overview

  • Five Lakes Sub No 3 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,129

Year Built

Built in 1995

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Warranty: Yes
  • Year Built: 1995
  • State Equalized Value: 93457.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, De-Humidifier, Egress Window(s)
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1732
  • Sq Ft Lower Floor: 832
  • Total Sq Ft: 900
  • Sq Ft Total Bsmt: 832

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Five Lakes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Spa/Hot-tub, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 65
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 50.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 175
  • Association Fee: Yes

Schools

  • School District: Farwell

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 65 x 195 x 50 x 190
  • Parcel Number: 01526028700

Tax Info

  • Tax Amount Summer: 776.8600
  • Tax Amount Winter: 2353.8700
  • Total Tax: 3129.0000
  • Taxable Value: 72671.0000

MLS Schools

  • School District: Farwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Nov 30, 2023
Sold by
Harp Revocable Trust
Bought by
Dingman Brion L and Dingman Sherrie A
Seller's Agent
Eric Stamm
Eric Stamm Team Real Estate
Buyer's Agent
KEVIN NAGEL
List Price
$254,900
Sold Price
$245,000
Premium/Discount to List
-$9,900
-3.88%
Views
155
Current Estimated Value
$272,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,207
Avg. Annual Appreciation
4.54%

Purchase Details

Listed on
Aug 31, 2011
Closed on
May 30, 2012
Sold by
Eugene Fava and Eugene Janet
Bought by
Harp Larry R and Harp Carolyn A
Seller's Agent
Cindy Rank
CENTURY 21 SIGNATURE REALTY - CLARE
Buyer's Agent
Sandra Jeffery
CENTURY 21 SIGNATURE REALTY - CLARE
List Price
$169,900
Sold Price
$153,000
Premium/Discount to List
-$16,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
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
Dingman Brion L $245,000 --
Harp Larry R $153,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $245,000 -3.9% $272 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $254,900 +66.6% $283 / Sq Ft
06/01/2012 06/01/12 Sold $153,000 -9.9% $96 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
08/31/2011 08/31/11 For Sale $169,900 -- $106 / Sq Ft
Source: Realcomp

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 $4,220 $103,799 $25,713 $78,086
2024 $1,013 $95,137 $24,750 $70,387
2023 $740 $93,457 $24,585 $68,872
2022 $3,094 $80,005 $26,290 $53,715
2021 $3,011 $81,500 $0 $0
2020 $1,797 $76,700 $0 $0
2019 $1,605 $75,600 $0 $0
2018 $1,554 $68,000 $0 $0
2017 $665 $66,800 $0 $0
2016 $660 $65,596 $0 $0
2015 -- $62,008 $0 $0
2014 -- $60,447 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Stamm

    Seller's Agent in 2024

    Eric Stamm

    Eric Stamm Team Real Estate

    (810) 730-3434

    226 Total Sales

    Eric Stamm
    Section Image

  • K

    Buyer's Agent in 2024

    KEVIN NAGEL

  • C

    Seller's Agent in 2012

    Cindy Rank

    CENTURY 21 SIGNATURE REALTY - CLARE

    (989) 621-4871

    25 Total Sales

    Cindy Rank
    Section Image

  • S

    Buyer's Agent in 2012

    Sandra Jeffery

    CENTURY 21 SIGNATURE REALTY - CLARE

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230088737

Realcomp

APN: 015-260-287-00

Michigan Clare County Farwell 48622

7510 Five Lakes Dr, Farwell, MI

This home is located at 7510 Five Lakes Dr, Farwell, MI 48622 since 24 October 2023 and is currently estimated at $272,207, approximately $302 per square foot. This property was built in 1995. 7510 Five Lakes Dr is a home located in Clare County with nearby schools including Farwell High School and Great Lakes Mennonite 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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