Sold
7257 SILVERWOOD Road, North Branch, MI 48461
Sold on 06/05/2023 for$285,000
MLS # 20230033762 (Realcomp)
2 beds1 bath1,752 sqftBuilt 999945 acres
1 / 26
Listing Description
Auction (w/reserve) held May 6, 2023. For the first time in 3 generations, this 45=/- acre family farm is for sale to the public. With its northern edge following the bank of the Flint River, it offers a perfect mixture of waterfront, farming and woods for the outdoors enthusiast. Tucked away in Rural Rich township, it is only about 3 miles from town & in award winning North Branch School district too! Complete w a 45x60 pole barn w/cement floor, mechanic pit &electric +original 1800's dairy/hay barn w/3 sided lean-to & Approx 25 Tillable acres. Home is brick with a lovely stone accents. Both the family and living rooms have fireplaces (propane & natural). Good sized kitchen, 1st floor laundry & spacious upstairs bedroom. Updates in recent years incl windows, well, furnace, roof, laminate floors. Farm land is leased for 2023 and crops reserved. land lease price & prepaid propane to be prorated at close.
Source: SparkMLS
About this home
Located in Rich Township in North Branch, this property offers 2-bedroom, 1-bath, 1,752 sq ft, with original construction dating to 9999.
This home sold for $285,000 (about $163/sq ft).
Estimated annual property tax: $1,386, or about $116 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,752 sqft
Lot Size45 acres
Year Built9999
Stories1
Location
CityNorth Branch
MunicipalityRich Twp
Zip Code48461
CountyLapeer
School DistrictNorth Branch
Construction & Systems
ConstructionStone
BasementCrawl Space
Garage1 space
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed5/4/2023
Sold Date6/4/2023
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,386
Parcel #01803601000
Source: SparkMLS
Legal Description
ll that portion of South 1/2 of the Northwest 1/4 of Section 36, Township 10 North, Range 10 East, lying South of the North Branch of the Flint River and West of the North and South road running through the East portion of said land, 45 acres, more or less, Rich Township, Lapeer County, Michigan - See agent remarks
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Michelle Plunkett
Red Carpet Keim Action Group I Inc
Frequently Asked Questions about 7257 SILVERWOOD Road, North Branch, MI 48461
What school district is 7257 SILVERWOOD Road, North Branch, MI 48461 in?
Per MLS# 20230033762, this property is served by North Branch. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20230033762, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230033762, the most recent reported annual property tax for 7257 SILVERWOOD Road, North Branch, MI 48461 is $1,386. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 7257 SILVERWOOD Road, North Branch, MI 48461 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7257 SILVERWOOD Road, North Branch, MI 48461 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: SEMCO Energy Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Rich Twp police department or the Lapeer County sheriff's office.
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Monthly payment$2,075
Principal & interest$2,075
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7257 SILVERWOOD Road, North Branch, MI 48461
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Municipality
Rich Township
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