Sold for $245,000

$245,000

7510 Five Lakes Dr, Farwell, MI 48622

3beds

1,732sqft

Single Family Residence

Built in 1995

0.25 Acres Lot

$291,700 Zestimate^®

$141/sqft

$1,680 Estimated rent

Home value

$291,700

$274,000 - $312,000

$1,680/mo

Zestimate^® history

Owner options

List your home for rent

$1,680/mo

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$1,680/mo

Rent Zestimate^®

Refinance and save

$1,855/mo

Est. payment

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$1,855/mo

Est. payment

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What's special

Boat slipHot tubFenced dog runNew paintLarge waterfront dockFree home warranty

Beautiful 50 Feet Waterfront On Five Lakes / 120 Acre All Sports Lake / Half Acre Lot Farewell MI in Grant Twp / Hot Tub Included / Nearby Clare And 20 Miles To Soaring Eagle Casino / Large Waterfront Dock And Boat Slip / 2 Stairways Down To Waterfront / Walkout Finished Basement / Large 32x12 Deck With Remote Awning Off Kitchen / Large 26x22 Garage / Concrete Driveway / Fenced Dog Run / Boulder And Rock Landscape / Lake Fed Lawn Sprinkler System / Lake Shed With Electricity / Family Event Filled HOA For Holiday Celebrations / Year Around Or Weekend Fun / 3 Bed 2 Bath / First Floor Master / High Ceilings With 3 Skylights / 2 Sub Pump Systems Always Dry / Appliances Included & Some Furnishings / New Floors / New Paint / New Hot Water Heater / Double Sink Bathroom / Low Cost $175 HOA Per Year / New Paved Roads / Free Home Warranty / Make This Your Dream Home. Taxes Are Currently Non Homestead.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Free Standing Electric Range, Free Standing Refrigerator, Washer
Laundry: Laundry Room

Features

Windows: Egress Windows
Basement: Finished,Full,Walk Out Access
Has fireplace: No

Interior area

Total interior livable area: 1,732 sqft
Finished area above ground: 900
Finished area below ground: 832

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached, Electricityin Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: GroundLevel
Patio & porch: Deck, Patio, Porch
Exterior features: Lighting, Spa Hottub
Pool features: None
On waterfront: Yes
Waterfront features: Lake Front
Body of water: Five Lakes

Lot

Size: 0.25 Acres
Dimensions: 65 x 195 x 50 x 190

Details

Additional structures: Kennel Dog Run, Sheds
Parcel number: 01526028700
Special conditions: Short Sale No,Standard
Other equipment: Dehumidifier

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Basement, Poured, Sump Pump
Roof: Asphalt

Condition

New construction: No
Year built: 1995

Details

Warranty included: Yes

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available

Community & HOA

Community

Security: Smoke Detectors
Subdivision: FIVE LAKES SUB NO 3

HOA

Has HOA: Yes
Services included: Other
HOA fee: $175 annually

Location

Region: Farwell

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $72,671
Annual tax amount: $3,129
Date on market: 10/24/2023
Cumulative days on market: 18 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Usda Loan,Va Loan

Price history

Date	Event	Price
1/2/2024	Sold	$245,000-3.9%$141/sqft
Source: Realcomp II #20230088737 Report a problem
11/5/2023	Pending sale	$254,900$147/sqft
Source: Realcomp II #20230088737 Report a problem
10/24/2023	Listed for sale	$254,900$147/sqft
Source: Realcomp II #20230088737 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,220 +33.6%	$103,799 +9.1%
2024	$3,159	$95,137 +1.8%
2023	--	$93,457 +16.8%
2022	--	$80,005 -1.8%
2021	--	$81,500 +6.3%
2020	--	$76,700 +1.5%
2019	--	$75,600 +11.2%
2018	--	$68,000 +1.8%
2017	--	$66,800 +1.8%
2016	--	$65,596 +5.8%
2015	--	$62,008 +2.6%
2014	--	$60,447 +0.3%
2013	--	$60,286 -2.7%
2012	--	$61,973 -0.7%
2011	--	$62,400