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Single Family ResidenceResidential
Last sold for $200,000 on Dec 16, 2019

7481 FIVE LAKES DR

FARWELL, MI 48622
2.5
Baths
2,189 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1 ac
Lot SizeThe size of the land the home sits on, from county records.
2016
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$200,000 · Dec 16, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,732 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$186,037 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,625
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$184,412
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$173,543
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$372,074

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.26
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
53
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
63
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
4
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Bi-Level
CountyCLARE
Lot (acres)The size of the land the home sits on, from county records.1.00
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Farwell Middle SchoolC-
Middle · Grades 4–7 · 3.9 mi
H
Farwell High SchoolC-
High · Grades 8–12 · 3.9 mi
E
Farwell Elementary SchoolD+
Elementary · Grades KG–3 · 4.0 mi

District: Farwell Area Schools

Neighborhood · ZIP 48622These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.76%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.5,777
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.66 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$58,410
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69,344
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7481 Five Lakes Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 95% of homes in Clare County
  • Has a bigger lot than 66% of homes in Clare County
  • Newer than 98% of homes in Farwell 48622

How it measures up in Farwell 48622

The dot is this home. The mark in the middle is the typical home in Farwell 48622.

Living area2,189 ft²
SmallerTypical 1,248 ft²Bigger

Bigger than 93% of homes nearby

Lot size1 ac
SmallerTypical 1 acBigger

Bigger than 57% of homes nearby

Year built2016
OlderTypical 1980Newer

Newer than 98% of homes nearby

How 7481 Five Lakes Dr ranks against every home in each area.
MeasureThis homeFarwell 48622Clare County
Living areabigger than2,189 ft²93% of homes95% of homes
Lot sizebigger than1 ac57% of homes66% of homes
Year builtnewer than201698% of homes98% of homes

About 7481 Five Lakes Dr

When did 7481 Five Lakes Dr, Farwell, MI last sell?

7481 Five Lakes Dr, Farwell, MI last sold on Dec 16, 2019 for $200,000, according to the county's recorded deed.

How big is 7481 Five Lakes Dr, Farwell, MI?

7481 Five Lakes Dr, Farwell, MI has 2.5 bathrooms, 2,189 square feet of living space and a 1.00-acre lot.

When was 7481 Five Lakes Dr, Farwell, MI built?

7481 Five Lakes Dr, Farwell, MI was built in 2016, making it 10 years old. It is a bi-level home.

What schools serve 7481 Five Lakes Dr, Farwell, MI?

7481 Five Lakes Dr, Farwell, MI is assigned to Farwell Middle School (middle), rated C-; Farwell High School (high), rated C-; Farwell Elementary School (elementary), rated D+. All sit in Farwell Area Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7481 Five Lakes Dr, Farwell, MI compare to other homes in Farwell 48622?

Among the 3,460 homes in Farwell 48622, it is bigger than 93% of them (2,189 ft² against a typical 1,248 ft²), its lot is bigger than 57% of them (1 ac against a typical 1 ac) and it is newer than 98% of them (2016 against a typical 1980). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7481 Five Lakes Dr, Farwell, MI?

The 2025 property tax bill for 7481 Five Lakes Dr, Farwell, MI was $5,732. The county assessed it at $186,037.

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