NOT LISTED FOR SALE

11703 Olive Lake Dr West Olive, MI 49460

Olive Township Neighborhood

Estimated Value: $472,000 - $557,000

0.27 Acre
$1,892,541 Price per Acre
11,761 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $54,900

Est. 827% increase in value since last sale

Current estimated payment $3,259/month

78 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Cul-De-Sac
  • Quincy Elementary School Rated A-
  • Beach

About This Lot

As of October 2017

What an awesome area to live and grow with your family. Olive Lake Estates offers great lots, both on the water and off of the water. The non- water front lots come with a private beach and a place to launch your kayak, canoe or small boat. This is a 14 acre private lake with a small motor maximum allowed.Great fishing, quiet and yet very close to Holland, Zeeland or Grand Haven. It’s in the award winning Zeeland School District! Many of the lots are designed for a walk out lower level. Some are designed for a three stall garage and most can accommodate a three or four stall double deep garage. The association has its own private sewer system and each lot has its own well.The water front lots are very spacious and offer walk out use of the lake and all of the water fun. Enjoy the gorge

Last Agent to Sell the Property

Jack Payne

Best Homes of Michigan Zeeland License #6502372940 Listed on: 08/14/2017

Last Buyer's Agent

Jack Payne

Real Estate 360 LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,827

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x120
  • Private Waterfront
  • 90 Feet of Waterfront
  • Cul-De-Sac
  • Cleared Lot

Utilities

  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, snow removal, trash

Recreation

  • Waterfront Owned by Association
  • Beach
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$5,827

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 90X120
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 40.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cleared: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Waterfront Options:Water Frontage3: 90.0
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 54900.0
  • Lot Features: Buildable, Cleared, Cul-De-Sac
  • Road Surface Type: Paved
  • Water Body Name: Olive Lake
  • Waterfront Features: Assoc Access, Deeded Access, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Beach Area: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Trash

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 40.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Dan Raak Builders Llc
Bought by
Baker Derrick Lee and Baker Meredith Kay
Current Estimated Value
$508,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,365
Outstanding Balance
$341,022
Interest Rate
3.99%
Mortgage Type
Construction
Estimated Equity
$172,996

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 31, 2017
Sold by
Miedema Robert
Bought by
Builder Dan Raak
Seller's Agent
Jack Payne
Best Homes of Michigan Zeeland
Buyer's Agent
Jack Payne
Best Homes of Michigan Zeeland
List Price
$53,900
Sold Price
$54,900
Premium/Discount to List
$1,000
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.26%
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
Baker Derrick Lee $64,900 None Available
Builder Dan Raak $54,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Derrick Lee $382,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $54,900 +1.9% --
10/31/2017 10/31/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $53,900 -- --
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 $5,827 $221,400 $0 $0
2024 $4,110 $221,400 $0 $0
2023 $5,272 $201,500 $0 $0
2022 $3,727 $188,900 $0 $0
2021 $5,468 $176,300 $0 $0
2020 $1,084 $27,000 $0 $0
2019 $1,330 $27,000 $0 $0
2018 $1,312 $22,500 $0 $0
2017 $41 $22,500 $0 $0
2016 -- $22,500 $0 $0
2015 -- $21,400 $0 $0
2014 -- $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jack Payne

    Best Homes of Michigan Zeeland

    (616) 566-7713

    3 in this area

    32 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16058492

Southwestern Michigan Association of REALTORS®

APN: 70-12-10-327-008

Michigan Ottawa County West Olive 49460 Olive Township

11703 Olive Lake Dr, West Olive, MI

This home is located at 11703 Olive Lake Dr, West Olive, MI 49460 since 14 August 2017 and is currently estimated at $510,986. 11703 Olive Lake Dr is a home located in Ottawa County with nearby schools including Quincy Elementary School, Creekside Middle School, and Zeeland West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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