$264,500
2 Beds
2 Baths
1,540 sqft (on 0.34 acres)
7450 Five Lakes Dr, Farwell, MI 48622
Est. Refi. Payment $1,753/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 29, 2020 for $162,900
Home Value
Trulia Estimate
$265KSince last month
Decreased$2K (-0.7%)Since last year
Increased$12K (+4.7%)Since last sale
Increased$102K (+62.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +62% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $265K |
| July 2026 | $266K |
| June 2026 | $261K |
| May 2026 | $264K |
| April 2026 | $265K |
| March 2026 | $258K |
| February 2026 | $252K |
| January 2026 | $248K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $280,000 | 08/17/26 | 2 | 1 | 1,056 | |
0.46 | Single-Family Home | $365,000 | 04/09/26 | 3 | 2 | 1,930 | |
0.05 | Single-Family Home | $390,000 | 06/05/26 | 6 | 3 | 3,390 | |
0.28 | Single-Family Home | $300,000 | 05/15/26 | 3 | 2 | 1,260 | |
0.76 | Single-Family Home | $86,000 | 07/02/26 | 2 | 1 | 816 | |
0.29 | Single-Family Home | $210,000 | 05/15/26 | 2 | 1 | 720 | |
0.36 | Single-Family Home | $545,000 | 03/23/26 | 5 | 3 | 2,809 | |
0.55 | Single-Family Home | $275,011 | 12/03/25 | 3 | 1 | 1,119 | |
2.18 | Single-Family Home | $198,000 | 10/29/25 | 3 | 2 | 1,720 | |
2.27 | Single-Family Home | $189,000 | 12/23/25 | 3 | 1 | 1,844 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $390,000 | 6 | 3 | 3,390 | Recently Sold | |
0.05 | - | 3 | 1 | 1,440 | Off Market | |
0.10 | $290,800 | 3 | 2 | 1,732 | Off Market | |
0.21 | - | 4 | 3.5 | 5,100 | Off Market | |
0.22 | $12,000 | - | - | - | Off Market | |
0.23 | $280,000 | 2 | 1 | 1,056 | Recently Sold | |
0.28 | $300,000 | 3 | 2 | 1,260 | Recently Sold | |
0.29 | $210,000 | 2 | 1 | 720 | Recently Sold | |
0.29 | $199,800 | 2 | 1.5 | 996 | Off Market | |
0.30 | $320,000 | 3 | 1 | 945 | Off Market | |
0.32 | $382,800 | 4 | 2 | 2,160 | Off Market | |
0.36 | $545,000 | 5 | 3 | 2,809 | Recently Sold |
Local Information
- Map ViewExplore the area around 7450 Five Lakes Dr.
- Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1974
0.34 acre lot
1,540 sqft
$172/sqft
Garage
About this House
Well maintained Five Lakes waterfront home full of possibilities! This property offers many nice features, such as a large great room with wood burning fireplace, vaulted ceilings, large master bath suite with walk in closets, another large bedroom with a view of the lake, nice large dining/family room for additional entertaining and a convenient mudroom-main floor laundry area. Situated at the end of a quiet cul de sac, the location provides a quiet and serene setting. If that sounds appealing, then this home is definitely worth taking a look at. Relax 24-7 under your covered porch as you look out over a beautiful view of the water, watching loons nesting at this end of the lake. Nestled among pines trees, the lake side of the home is gently terraced with attractive landscaping to the water's edge. New metal roof and boiler for the hot water heating system in 2019. There's a large 2+ car detached garage w/workshop and fenced in area for pets. Paved roads, NG and cable/internet!
7450 Five Lakes Dr, Farwell, MI 48622 is a 2 bedroom, 2 bathroom, 1,540 sqft single-family home built in 1974. It last sold for $162,900 on Jul 29, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $264,500, with a rent estimate of $1,701/month.
Home Details for 7450 Five Lakes Dr
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Interior Details Types of Rooms: Walk In Closet, Dining RoomCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherRefrigerator |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
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Exterior Home Features Roof: MetalDeckPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.34 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 29, 2020 Source: MiRealSource #41026908 | Sold | $162,900 |
Jul 11, 2020 Source: Agent Provided | Pending | $169,900 |
Jan 10, 2020 Source: Agent Provided | Listed For Sale | $169,900 |
Nov 16, 2019 Source: Agent Provided | ListingRemoved | $174,900 |
Sep 30, 2019 Source: Agent Provided | PriceChange | $174,900 Price decreased by 3% |
May 16, 2019 Source: Agent Provided | Listed For Sale | $179,500 |
Nov 23, 2018 Source: N/A | ListingRemoved | $179,000 |
Aug 25, 2018 Source: N/A | Listed For Sale | $179,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,875 | $252,056 |
Home facts updated by county records
Market trends in Farwell
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
30
4MoM
Around this home
What Locals Say about Farwell
At least 13 Trulia users voted on each feature.
100 % Say yards are well-kept
94 % Say parking is easy
88 % Say car is needed
88 % Say it's dog friendly
83 % Say there's wildlife
79 % Say it's quiet
77 % Say they plan to stay for at least 5 years
71 % Say people would walk alone at night
60 % Say kids play outside
58 % Say neighbors are friendly
41 % Say there's holiday spirit
33 % Say it's walkable to grocery stores
29 % Say there are sidewalks
29 % Say streets are well-lit
28 % Say there are community events
24 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 7450 Five Lakes Dr
- What is 7450 Five Lakes Dr estimated to be worth?Trulia's estimated value for 7450 Five Lakes Dr in Farwell, MI is $264,500.
- What is the price history for 7450 Five Lakes Dr?7450 Five Lakes Dr in Farwell, MI last sold for $162,900 in July 2020.
- Is Farwell a buyer's or seller's market?Farwell is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Farwell?Residents describe Farwell, MI as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Farwell, MI.
- Does 7450 Five Lakes Dr have air conditioning?Yes, 7450 Five Lakes Dr in Farwell, MI has air conditioning.
- How big is the lot at 7450 Five Lakes Dr?The lot at 7450 Five Lakes Dr in Farwell, MI is about 0.34 acres (14,810 sq ft).
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