NOT LISTED FOR SALE

7791 Peninsula Dr Farwell, MI 48622

Estimated Value: $206,306 - $279,000

1 Bed
1 Bath
1,334 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $190,000 $142 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,563/month

4 Days on Market

Highlights

  • Waterfront
  • 2 Car Attached Garage
  • Wood Siding
  • Ranch Style House
  • Hot Water Heating System

About This Home

As of October 2023

Year around home or a weekend get a way located on all sports Five Lakes. Home offers an attached 2 car garage, one bed and one bath. Wide open floor plans makes for a ton of possibilities of creating more rooms if desired along with a four season room and a wall of windows overlooking the lake. All listing info/measurements are approx

Last Agent to Sell the Property

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 09/07/2023

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 47x167x65x164
  • Waterfront

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,334 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Five Lakes Sub #2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015 240 198 00

Home Details

Home Type

Single Family

Lot Details

9,148 Sq Ft Lot

HOA Fees

$15 per month

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: 1358.6
  • Total Tax Year: 2022
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 1
  • Bedroom 1: On Main Floor, Dimensions: 11 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 8, On Level: Main
  • Dining Room: On Main Floor, Dimensions: 11 x 11
  • Kitchen: On Main Floor, Dimensions: 14 x 11
  • Laundry: On Main Floor, Dimensions: 12 x 9
  • Living Room: On Main Floor, Dimensions: 30 x 12
  • Above Grade Finished Sq Ft: 1334
  • Total Finished Sq Ft: 1334

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • Frontage: 47
  • Lake Name: Five Lakes
  • Road: Country, Paved Street
  • Water Features: All Sports Lake, Lake Frontage, Waterfront
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • HOA Fees: 175
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 015 240 198 00
  • Lot Dimensions: 47x167x65x164
  • Acreage: 0.21
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $520.11
  • Winter Tax: Year: 2022, Amount: $838.49
  • Total Tax: Year: 2022, Amount: $1,358.60

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 13, 2023
Sold by
Nystrom Betty
Bought by
Yostel George F and Yostel Nancy
Seller's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
Buyer's Agent
Non Member Non Member
NONMEMBER
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
2
Current Estimated Value
$242,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,327
Avg. Annual Appreciation
10.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Yostel George F $190,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $190,000 -5.0% $142 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $199,900 -- $150 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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 $3,146 $75,718 $25,175 $50,543
2024 $1,445 $69,993 $24,115 $45,878
2023 $520 $68,936 $24,062 $44,874
2022 $1,359 $60,398 $26,818 $33,580
2021 $1,321 $63,100 $0 $0
2020 $1,307 $60,100 $0 $0
2019 $1,173 $59,500 $0 $0
2018 $1,128 $55,000 $0 $0
2017 $469 $56,900 $0 $0
2016 $465 $54,485 $0 $0
2015 -- $50,402 $0 $0
2014 -- $53,276 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brent Duffett

    Seller's Agent in 2023

    Brent Duffett

    PEYTON PROPERTIES, LLC

    (989) 429-0181

    162 Total Sales

    Brent Duffett
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Non Member

    NONMEMBER

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50121297

Clare Gladwin Board of REALTORS®

APN: 015-240-198-00

Michigan Clare County Farwell 48622

7791 Peninsula Dr, Farwell, MI

Not Listed for Sale

Detached

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