NOT LISTED FOR SALE

8985 Island Lake Rd Dexter, MI 48130

Estimated Value: $612,000 - $803,887

5 Beds
2 Baths
2,746 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $250,000 $91 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,469/month

137 Days on Market

Highlights

  • Second Garage
  • 3.71 Acre Lot
  • Pole Barn
  • Creekside Intermediate School Rated A-
  • Wood Flooring
  • Farmhouse Style Home

About This Home

As of August 2020

Location Location Location. Just outside of Dexter. Ever dream of creating a farmhouse that is uniquely yours? Rehab opportunity has good bones with 2800 sq ft and 15 rooms under roof. Possible 4 bedroom, 3.5 bath, study, formal dining family room & living room or renovate to suit. Some of the major work is completed. Well, well pump, septic, furnace, AC, hot water heater have all been updated. Some plumbing and electrical upgrades have been done. Area and home prices will allow for a substantial renovation budget. Large Hip Roof barn possible access from Wylie.42 x 30 stick built garage with a 4 inch floor is suitable for the backyard mechanic. 2 additional small outbuildings. Elevated 3.79 acre parcel with nice setback from paved road. Uniquely located for a bed & breakfast with wedding wedding venue across the street and no nearby lodging.Close to several recreational areas, lakes, public beaches and bike/walking trails. Shopping, business district and schools just minutes away. 15 Minutes to Ann Arbor. (3.70 acre parcel to the South also for sale), Primary Bath

Last Agent to Sell the Property

Michael Price

Key Realty One LLC License #6501273091 Listed on: 04/16/2020

Key Realty One LLC

Last Buyer's Agent

LUCY ANDERSEN

Key Realty One LLC License #6501371123

Key Realty One LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 1850

Lot Details

  • 3.71 Acre Lot
  • Lot Dimensions are 424 x 330 x 381 x 66 x 411

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 2,746 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Pole Barn
  • Shed
  • Storage Shed
  • Porch

Schools

  • Wylie Elementary School
  • Mill Creek Middle School
  • Dexter High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • Satellite Dish

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,839

Year Built

Built in 1850

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1850
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 424 x 330 x 381 x 66 x 411
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2746.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1839.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 2746.0
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Wylie Elementary School
  • General Property Info High School: Dexter High School
  • General Property Info Middle School2: Mill Creek Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Other Equipment:Satellite Dish2: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Pole Barn: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement, Partial
  • LivingArea: 2746.0
  • Other Equipment: Satellite Dish
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1490.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 299000.0
  • Lot Features: Sidewalk
  • Other Structures: Second Garage, Shed(s), Pole Barn
  • Patio and Porch Features: Porch(es)
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Additional Parking, Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 4.0
  • Parking Features:Additional Parking: Yes
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Storm Sewer
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wylie Elementary School
  • High School: Dexter High School
  • Middle/Junior School: Mill Creek Middle School

Lot Info

  • Lot Size Acres: 3.71
  • Lot Size Area: 3.71
  • Lot Dimensions: 424 x 330 x 381 x 66 x 411
  • Lot Size Sq Ft: 161608.0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 1839.0
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Livng Johnson Kirk
Bought by
Reschke James and Reschke Kari
Current Estimated Value
$704,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Outstanding Balance
$62,852
Interest Rate
3.46%
Estimated Equity
$642,120
Source: Public Records

Range of Values:

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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
Reschke James $98,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reschke James $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $250,000 -16.4% $91 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $299,000 -- $109 / 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 $8,770 $351,400 $0 $0
2024 $2,611 $290,400 $0 $0
2023 $2,487 $266,200 $0 $0
2022 $8,539 $239,300 $0 $0
2021 $8,138 $261,400 $0 $0
2020 $8,012 $233,800 $0 $0
2019 $6,092 $167,200 $167,200 $0
2018 $2,162 $39,100 $39,100 $0
2017 $2,129 $39,100 $0 $0
2016 $68 $6,357 $0 $0
2015 -- $6,338 $0 $0
2014 -- $6,141 $0 $0
2013 -- $6,141 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Price

    Seller's Agent in 2020

    Michael Price

    Key Realty One LLC

    (734) 216-9920

    3 in this area

    84 Total Sales

    Michael Price
    Section Image

  • L

    Buyer's Agent in 2020

    LUCY ANDERSEN

    Key Realty One LLC

    (801) 900-5940

    11 Total Sales

    LUCY ANDERSEN
    Section Image

  • L

    Buyer's Agent in 2020

    Lucile Andersen

    eXp Realty, LLC

  • L

    Buyer's Agent in 2020

    Lucile Parsons

    Key Realty One Ann Arbor

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23103157

Southwestern Michigan Association of REALTORS®

APN: 04-36-400-031

Michigan Washtenaw County Dexter 48130

8985 Island Lake Rd, Dexter, MI

This home is located at 8985 Island Lake Rd, Dexter, MI 48130 since 16 April 2020 and is currently estimated at $704,972, approximately $256 per square foot. This property was built in 1850. 8985 Island Lake Rd is a home located in Washtenaw County with nearby schools including Bates Elementary School, Creekside Intermediate School, and Anchor Elementary 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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