$350,000
SOLD JUL 17, 2023

7941 Peninsular Dr Farwell, MI 48622

3 Beds
3 Baths
2,056 Sq Ft
5,267 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

8% Below List Price

119 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Cul-De-Sac
  • Docks
  • 1 Car Detached Garage
  • Porch

About This Home

As of January 2025

Do not miss this chance to own your own lakefront home on Five Lakes in Clare County. With 170 feet of private frontage on this pristine lake, this lovely ranch offers 3 bedrooms, 3 full baths and many updates including paint and flooring. You can't help but enjoy lakefront living in this home. with the large owner's suite with private bathroom and walk-in closet, a sprawling deck overlooking the lake and a spacious walkout basement. There is plenty of storage in the home and outdoors is a nice shed for your water sports equipment. It also comes with it's own permanent cantilever dock. The furnace is 6 years old and the AC unit was installed last year. Call today for your private showing! Home Warranty Included.

Last Agent to Sell the Property

Andrew Ingram

Weichert REALTORS Plat (Main) License #6501307870 Listed on: 02/03/2023

Weichert REALTORS Plat (Main)

Last Buyer's Agent

NON BROKER

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 2002

Lot Details

  • 5,267 Sq Ft Lot
  • Private Waterfront
  • 170 Feet of Waterfront
  • Cul-De-Sac
  • Property is zoned N/A, N/A

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Garden Windows
  • Laminate Flooring
  • Water Views
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: N/A
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2056.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3825.0
  • Tax Info:Zoning3: N/A
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Waterfront Options:Water Frontage3: 170.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:SqFt Above Grade: 1256.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener Owned
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Broadband, Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2056.0
  • Window Features: Garden Window, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 800.0
  • Basement Rooms:Total Basement SQFT: 1256.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Garden Window: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 800.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 369900.0
  • Lot Features: Recreational, Cul-De-Sac
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Five Lakes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, High-Speed Internet
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: N/A
  • Lot Size Sq Ft: 5267.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3825.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Jul 17, 2023
Sold by
Bellah Mermian
Bought by
Hertzler Ben and Hertzler Rebecca
Seller's Agent
Andrew Ingram
Weichert REALTORS Plat (Main)
Buyer's Agent
NON BROKER
NON MEMBER
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Views
306
Current Estimated Value
$416,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,740
Avg. Annual Appreciation
9.26%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $400,000 -11.1% $195 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $450,000 +28.6% $219 / Sq Ft
07/17/2023 07/17/23 Sold $350,000 -5.4% $170 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $369,900 -2.6% $180 / Sq Ft
02/03/2023 02/03/23 For Sale $379,900 +81.8% $185 / Sq Ft
08/26/2016 08/26/16 Sold $209,000 -2.3% $166 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $214,000 -- $170 / Sq Ft
Source: Southwestern Michigan Association 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 $7,617 $187,745 $79,943 $107,802
2024 $1,860 $174,629 $76,950 $97,679
2023 $1,613 $171,760 $76,437 $95,323
2022 $3,912 $153,081 $81,738 $71,343
2021 $3,795 $157,900 $0 $0
2020 $3,747 $152,600 $0 $0
2019 $3,330 $151,000 $0 $0
2018 $5,746 $138,500 $0 $0
2017 $1,450 $135,400 $0 $0
2016 $350 $125,209 $0 $0
2015 -- $114,973 $0 $0
2014 -- $111,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23003554

Southwestern Michigan Association of REALTORS®

APN: 015-009-300-03