NOT LISTED FOR SALE

1091 Balsam Hill Ave SE Unit 18 Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $929,180 - $1,126,000

3 Beds
2.5 Baths
3,682 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $659,000 $179 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,489/month

71 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • 2 Car Attached Garage
  • Ada Elementary School Rated A
  • Traditional Architecture
  • Storm Windows

About This Home

As of October 2017

Fabulous opportunity to own one of the larger homes in Balsam Hill. A charming European village-like community. This was a custom built home with great attention to detail and design. Open floor plan. Generous use of windows. 2 story family room. Features include: Honed Granite Kitchen with huge center island. Walnut floors. Custom Office with Built-ins. 2-story Great Room with custom fireplace & built ins. Main Floor Master Suite. Oversize garage with basement access. Built in audio system. Whole house gas powered generator. Additional parking behind garage. If needed, additional space above garage. 3 zoned heating. Great location in a gated private development.

Last Agent to Sell the Property

John Postma

RE/MAX of Grand Rapids (FH) License #6502114085 Listed on: 06/13/2017

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Gregg Smith

Coldwell Banker Woodland Schmidt Saugatuck License #6501364902

Coldwell Banker Woodland Schmidt Saugatuck

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 91x118x85x140
  • Shrub
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R2PUD, R2PUD

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,682 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Natural lighting in basement
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Association fees include trash, snow removal, lawn/yard care

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,424

Year Built

Built in 2003

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 91x118x85x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3682.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 7424.0
  • Tax Info:Zoning3: R2PUD
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: Balsam Hill Condominium
  • Windows:Storms: Yes
  • Appliances:Built in Oven: Yes
  • General Property Info:SqFt Above Grade: 2802.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Security Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Built in Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Center Island, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 3682.0
  • Window Features: Storms, Screens, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Kitchen Features:Desk Built-In: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 675000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 300.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 91x118x85x140
  • Lot Size Sq Ft: 11325.0
  • Zoning Description: R2PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7424.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Bean Lynnette
Bought by
Bean Lynnette M and Lynnette M Bean Trust
Current Estimated Value
$1,026,295

Purchase Details

Listed on
Jun 13, 2017
Closed on
Oct 18, 2017
Sold by
Rex And Auzannah Mccullough Family Trust
Bought by
Bean Lynnette
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$725,000
Sold Price
$659,000
Premium/Discount to List
-$66,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$300,000
Outstanding Balance
$252,720
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$752,150

Purchase Details

Listed on
Jun 13, 2017
Closed on
Oct 6, 2017
Sold by
Rex And Auzannah Mccullough Family Trust
Bought by
Bean Lynnette
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$725,000
Sold Price
$659,000
Premium/Discount to List
-$66,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$252,720
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$752,150

Purchase Details

Closed on
Sep 21, 2012
Sold by
Mccullough Rex W and Mccullogh Suzannah J
Bought by
William Mccullough Rex and Mccullough Suzannah Jane

Purchase Details

Closed on
Aug 27, 2010
Sold by
Rahn Bradner C and Rahn Karen
Bought by
Mccullough Rex W and Mccullough Suzannah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2002
Sold by
Balsam Hill Llc
Bought by
Rahn Bradner C and Rahn Karen
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bean Lynnette M -- None Available
Bean Lynnette -- None Available
Bean Lynnette -- None Available
William Mccullough Rex -- None Available
Mccullough Rex W $425,000 Chicago Title
Rahn Bradner C $78,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Lynnette $300,000
Closed Bean Lynnette $300,000
Open Mccullough Rex $500,000
Previous Owner Mccullough Rex W $60,000
Previous Owner Mccullough Rex W $100,000
Previous Owner Rahn Bradner C $247,500
Previous Owner Rahn Bradner C $120,000
Previous Owner Rahn Bradner C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $659,000 -9.1% $179 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $725,000 -- $197 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,650 $448,200 $0 $0
2024 $8,650 $428,400 $0 $0
2023 $12,486 $415,000 $0 $0
2022 $12,094 $395,300 $0 $0
2021 $11,628 $367,700 $0 $0
2020 $7,723 $370,100 $0 $0
2019 $11,079 $356,800 $0 $0
2018 $10,968 $346,500 $0 $0
2017 $7,630 $278,300 $0 $0
2016 $7,360 $261,500 $0 $0
2015 -- $261,500 $0 $0
2013 -- $255,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17028471

Southwestern Michigan Association of REALTORS®

APN: 41-15-31-471-019