NOT LISTED FOR SALE

7687 Five Lakes Dr Farwell, MI 48622

Estimated Value: $224,971 - $342,000

3 Beds
2 Baths
2,080 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $215,000 $103 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,842/month

179 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • 2 Car Detached Garage
  • Deeded Waterfront Access Rights
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of February 2012

QUALITY HOME WITH OUTSTANDING VIEWS OF LAKE FROM MANY ROOMS THROUGHOUT THE HOME. HOME FROM ROADSIDE DOES NOT DO IT JUSTICE, L-SHAPE LIVING/DINING/KITCHEN AREA, LARGE FAMILY ROOM IN LOWER WALKOUT WITH FIREPLACE, UPPER DECK, EXTENSIVE LANDSCAPING, MEASUREMENTS ARE APPROXIMATE, FULL BATH ON MAIN LEVEL, 3/4 BATH WITH SHOWER IN LOWER LEVEL.

Last Agent to Sell the Property

CHARLES GASKILL

REISS REAL ESTATE, INC Listed on: 08/22/2011

Co-Listed By

ALAN REISS

REISS REAL ESTATE, INC License #6501120877

Last Buyer's Agent

NON MEMBER

CENTRAL MI BOARD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 60x189x63x186
  • Private Waterfront
  • Sloped Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1985
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Ceiling Fan, Natural Gas Water Heater
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11x12, On Level: Main Floor
  • Bedroom 2: Dimensions: 9x10, On Level: Main Floor
  • Bedroom 3: Dimensions: 9x11, On Level: Lower Floor
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Dining Room: Dimensions: 9x10, On Level: Main Floor
  • Family Room: Dimensions: 13x23, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 9x10, On Level: Main Floor
  • Living Room: Dimensions: 15x17, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1040
  • Estimated Below Grade Finished Sq Ft: 1040
  • Price Per Sq Ft: 103.37
  • Total Finished Sf Apx: 2080

Exterior Features

  • Body Of Water: Five Lakes
  • Exterior Features: Deck
  • Exterior Finish: Aluminum, Wood, Brick
  • Foundation: Full, Walkout
  • Road: Blacktop
  • Water Features: Priv Frontage (Wtr Side)

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Detached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 9x9, On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Schools

  • School District: Farwell Area Schools

Lot Info

  • Assessment: Yes
  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 60X189X63X186

Tax Info

  • Summer Taxes: 774.31
  • Taxable Value: 72317
  • Total Taxes: 3086.23
  • Winter Taxes: 2311.92
  • Year Summer: 2011
  • Year Winter: 2010

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2011
Closed on
Feb 16, 2012
Sold by
Vanluit Kurt F and Vanluit Sandra A
Bought by
Gibbs Sharon
Seller's Agent
CHARLES GASKILL
REISS REAL ESTATE, INC
Buyer's Agent
NON MEMBER
CENTRAL MI BOARD
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$284,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,493
Avg. Annual Appreciation
3.96%
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
Gibbs Sharon $215,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $215,000 -4.4% $103 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
08/22/2011 08/22/11 For Sale $225,000 -- $108 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $3,917 $110,121 $28,975 $81,146
2024 $938 $101,371 $27,755 $73,616
2023 $854 $99,660 $27,694 $71,966
2022 $3,547 $86,050 $30,866 $55,184
2021 $3,452 $89,000 $0 $0
2020 $3,420 $84,300 $0 $0
2019 $3,178 $83,300 $0 $0
2018 $3,095 $76,000 $0 $0
2017 $768 $78,100 $0 $0
2016 $761 $75,773 $0 $0
2015 -- $70,885 $0 $0
2014 -- $73,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    CHARLES GASKILL

    REISS REAL ESTATE, INC

  • A

    Seller Co-Listing Agent in 2012

    ALAN REISS

    REISS REAL ESTATE, INC

  • N

    Buyer's Agent in 2012

    NON MEMBER

    CENTRAL MI BOARD

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1774108

Northern Great Lakes REALTORS® MLS

APN: 015-240-186-00

Michigan Clare County Farwell 48622

7687 Five Lakes Dr, Farwell, MI

This home is located at 7687 Five Lakes Dr, Farwell, MI 48622 since 22 August 2011 and is currently estimated at $284,493, approximately $136 per square foot. This property was built in 1985. 7687 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.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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