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4165 Fay Rd, Carleton, MI, 48117

5beds
2baths
2,181sqft
$429,900
$197price/sqft
$3,175/moest. monthly cost
$127,000/yrincome needed

About This Home

Charming farmhouse in Carleton set on 8.5 most peaceful acres with the convenience of city water and natural gas. This spacious home offers 5 bedrooms and a bonus room perfect for your growing family. Included is a desirable main-floor primary bedroom. A second bedroom on the main floor provides a perfect space for a nursery, home office or guest room. The updated kitchen features recessed lighting and lovely cabinetry with corian countertops. Major updates include newer wallside windows, newer furnace and central air (2021), 200 amp electrical service with updated basement wiring, and a Generac whole-house generator for added peace of mind. Step outside to a newly redone expansive deck overlooking the scenic backyard, or relax on the brick paver patio and enjoy the tranquility of the country setting. The property also features 3 large outbuildings, one equipped with a chain fall hoist, offering exceptional space for hobbies, storage or a workshop. Large 2 car detached garage which completes this rare opportunity to enjoy the best of country living with modern conveniences.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
5/10
Wagar Junior High SchoolGrades 6-83.3 mi
--

Construction

Condition

  • Year built: 1897

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farm House
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Michigan Basement

Bathroom1

  • Features: Other
  • Level: Main

Bathroom2

  • Level: Upper

Bedroom1

  • Features: Carpet
  • Level: Main
  • Area: 195

Bedroom2

  • Features: Carpet
  • Level: Main
  • Area: 120

Bedroom3

  • Features: Other
  • Level: Upper
  • Area: 117

Bedroom4

  • Features: Tile
  • Level: Upper
  • Area: 170

Bedroom5

  • Features: Tile
  • Level: Upper
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Flooring: Carpet,Other,Linoleum
  • Finished area below ground: 0
  • Finished area above ground: 2,181

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,161
  • Total interior livable area: 2,181 sqft

Kitchen

  • Features: Linoleum
  • Level: Main
  • Area: 255

Living Room

  • Features: Carpet
  • Level: Main
  • Area: 180

Property

Details

  • Parcel number: 0601201600
  • Special condition: Trust

Features

  • Levels: Two
  • Stories: 2
  • Frontage type: Road
  • Frontage length: 450

Lot

  • Lot size: 8.50 Acres
  • Lot size dimensions: 450 x 1335 x irreg

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Inland Flooding
Ice Storm
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Monroe County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,173$26,076
Home Insurance *$202$2,424
Property Taxes $563$6,756
Electricity $237$2,854
Total$3,175$38,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,857/yr
40% on housing$95,250/yr
45% on housing$84,666/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 48117$74
Monroe County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 48117$208
Monroe County$173

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Contingent$429,900
2026-07-18Listed for sale$429,900

For Sale by Agent

AgentLori Ratz
BrokerageWiens And Roth Real Estate - Lambertville

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