$309,900
SOLD DEC 28, 2016

985 Marshall Lakes Dr Dexter, MI 48130

Jackson Neighborhood
4 Beds
3.5 Baths
3,546 Sq Ft
1.8 Acres

Recently Sold

$87 Per Sq Ft

29% Below List Price

244 Days on Market

Highlights

  • Spa
  • 1.8 Acre Lot
  • Contemporary Architecture
  • Creekside Intermediate School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2022

Wonderfully, spacious contemporary-style home close to the city of Dexter on 1.8 acres. This four bedroom, 3 1/2 bath home has a large great room with soaring ceilings; large breakfast nook with French doors to the deck; kitchen with cherry-wood cabinets and stainless steel appliances; formal dining room; hardwood floors; first floor master suite; second floor bonus room; and more. The full, finished lower level has a full, newly renovated bathroom; bedroom with daylight windows; huge rec room and plenty of storage. This is a HomePath property., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Cheryl Latshaw

Howard Hanna Real Estate License #6501347867 Listed on: 04/22/2016

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 2005

Lot Details

  • 1.8 Acre Lot
  • Property fronts a private road

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,224

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Hot Tub Spa, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight, Full
  • LivingArea: 3546.0
  • Window Features: Skylight(s)
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Porch(es), Deck(s)
  • List Price: 339000.0
  • Road Frontage Type: Private Road
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 300.0
  • Association Info:Assoc Fee Payable: Annually

Schools

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

Lot Info

  • Lot Size Acres: 1.8
  • Lot Size Area: 1.8
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 78408.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5224.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 24, 2022
Sold by
Justin Palmer
Bought by
Roper Christopher Michael and Weaver Jennifer Lynn
Seller's Agent
Kelli Mans
Keller Williams Advantage
Buyer's Agent
Kirsten Williams
The Charles Reinhart Company
Sold Price
$550,000
Current Estimated Value
$662,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,764
Avg. Annual Appreciation
6.26%
Original Mortgage
$440,000
Outstanding Balance
$421,542
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$241,222

Purchase Details

Listed on
Apr 22, 2016
Closed on
Dec 27, 2016
Sold by
Fannie Mae
Bought by
Palmer Justin
Seller's Agent
Cheryl Latshaw
Howard Hanna Real Estate
Buyer's Agent
No Member
Non Member Sales
List Price
$436,500
Sold Price
$309,900
Premium/Discount to List
-$126,600
-29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$247,920
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2015
Sold by
Berkebile Robert L and Berkebile Heather M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 13, 2005
Sold by
Mgs Homes Inc
Bought by
Berkebile Robert L and Berkebile Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,910
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 16, 2004
Sold by
Helmer Thomas R and Helmer Mindy
Bought by
Mgs Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Helmer Jerry L and Helmer Ruthann
Bought by
Helmer Thomas R and Helmer Mindy
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 Type Sale Price Title Company
Warranty Deed $550,000 None Listed On Document
Deed -- None Available
Sheriffs Deed $388,142 None Available
Warranty Deed $379,900 --
Warranty Deed $68,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $247,920 New Conventional
Previous Owner $318,400 Unknown
Previous Owner $39,800 Stand Alone Second
Previous Owner $341,910 Fannie Mae Freddie Mac
Previous Owner $320,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $550,000 +77.5% $216 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
12/28/2016 12/28/16 Sold $309,900 -29.0% $87 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $436,500 -- $123 / 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
2024 $2,840 $331,300 $0 $0
2023 $2,705 $258,700 $0 $0
2022 $8,861 $252,300 $0 $0
2021 $8,458 $248,500 $0 $0
2020 $8,479 $257,200 $0 $0
2019 $8,030 $235,700 $235,700 $0
2018 $7,778 $219,900 $0 $0
2017 $7,610 $220,600 $0 $0
2016 $1,676 $157,682 $0 $0
2015 -- $157,211 $0 $0
2014 -- $152,300 $0 $0
2013 -- $152,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23098955

Southwestern Michigan Association of REALTORS®

APN: 08-17-300-018