NOT LISTED FOR SALE

7610 Five Lakes Dr Farwell, MI 48622

Estimated Value: $285,416 - $429,000

3 Beds
2 Baths
1,440 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $238,750 $166 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,243/month

78 Days on Market

Highlights

  • Waterfront
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Loft

About This Home

As of June 2022

Fabulous find on Five Lakes. Tucked away in the Five Lakes Subdivision on an extra-large lot with 102 feet of lake frontage, you will love the up-north feel that this home provides. A nature enthusiast's dream, it has amazing views through floor to ceiling windows/sliders, an expansive deck and a stairway that weaves through the trees to the water. This everyday staycation home has 1440 square feet, vaulted ceilings, wood beams, stone fireplace, an en-suite master bedroom with a loft and a walkout basement. The well is newer, approximately 7 years old, and the 2.5 car garage as well as the basement offer storage aplenty. Whether you're seeking a seasonal or perfect, year-round home on the water, you'll not want to miss this one. Call today to schedule a showing.

Last Agent to Sell the Property

Rachel Belgiorno

Ayre Rhinehart Real Estate Partners License #MBR-6501404878 Listed on: 03/16/2022

Ayre Rhinehart Real Estate Partners

Last Buyer's Agent

Non Member

Midland Board of REALTORS License #MBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1982

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 101.95 x 250.77
  • Waterfront

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2.5 Car Detached Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Loft

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic Tank

Community Details

  • Five Lakes Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015-260-277-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,940

Year Built

Built in 1982

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1838
  • Total Tax Year: 2021
  • Year Built: 1982
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Walk Out, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 10 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 14 x 14
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 4, On Level: Main, Flooring: Vinyl
  • Bathroom 2: Dimensions: 6 x 5, On Level: Upper, Flooring: Vinyl
  • Room Types: First Floor Bedroom, Loft, First Flr Full Bathroom, Primary Bdrm Suite, Second Flr Full Bathroom
  • Dining Room: On Main Floor, Dimensions: 12 x 9
  • Dining Room Floor Covering: Vinyl
  • Kitchen: On Main Floor, Dimensions: 12 x 9
  • Kitchen Floor Covering: Wood
  • Living Room: On Main Floor, Dimensions: 17 x 13
  • Living Room Floor Covering: Vinyl
  • Other Room 2: Dimensions: 11x5, On Level: Upper, Flooring: Wood
  • Below Grade Sq Ft: 960
  • Above Grade Finished Sq Ft: 1440
  • Total Finished Sq Ft: 1440

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 102
  • Lake Name: Five Lakes
  • Water Features: All Sports Lake, Lake Frontage
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 015-260-277-01
  • Zoning: Residential
  • Lot Dimensions: 101.95 x 250.77
  • Acreage: 0.58
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,113.00
  • Winter Tax: Year: 2021, Amount: $725.00
  • Total Tax: Year: 2021, Amount: $1,838.00
  • SEV Year: 2021

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jun 30, 2022
Sold by
Dick Darrell D
Bought by
Engwis Patricia
Seller's Agent
Rachel Belgiorno
Ayre Rhinehart Real Estate Partners
Buyer's Agent
Non Member
Midland Board of REALTORS
List Price
$250,000
Sold Price
$238,750
Premium/Discount to List
-$11,250
-4.5%
Current Estimated Value
$340,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,854
Avg. Annual Appreciation
10.98%
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
Engwis Patricia $238,750 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $238,750 -4.5% $166 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $250,000 0.0% $174 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $250,000 -9.1% $174 / Sq Ft
04/15/2022 04/15/22 Price Changed $275,000 -8.3% $191 / Sq Ft
03/16/2022 03/16/22 For Sale $300,000 -- $208 / Sq Ft
Source: Midland 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 $4,940 $120,718 $47,685 $73,033
2024 $1,193 $111,989 $45,900 $66,089
2023 $749 $110,518 $45,594 $64,924
2022 $1,892 $97,747 $48,756 $48,991
2021 $1,838 $100,900 $0 $0
2020 $1,817 $96,500 $0 $0
2019 $1,623 $95,600 $0 $0
2018 $1,573 $89,800 $0 $0
2017 $673 $88,000 $0 $0
2016 $668 $84,783 $0 $0
2015 -- $78,801 $0 $0
2014 -- $76,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Belgiorno

    Seller's Agent in 2022

    Rachel Belgiorno

    Ayre Rhinehart Realtors

    (989) 698-1255

    106 Total Sales

    Rachel Belgiorno
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Midland Board of REALTORS

See All Agents

Map

Source: Midland Board of REALTORS®

MLS Number: 50068076

Midland Board of REALTORS®

APN: 015-260-277-01

Michigan Clare County Farwell 48622

7610 Five Lakes Dr, Farwell, MI

This home is located at 7610 Five Lakes Dr, Farwell, MI 48622 since 16 March 2022 and is currently estimated at $340,604, approximately $236 per square foot. This property was built in 1982. 7610 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.

Midland 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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