NOT LISTED FOR SALE

120 S Lake Ave Spring Lake, MI 49456

Estimated Value: $367,000 - $483,000

5 Beds
2 Baths
2,400 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $117,800 $49 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $2,691/month

51 Days on Market

Highlights

  • 0.53 Acre Lot
  • Recreation Room
  • Farmhouse Style Home
  • Spring Lake High School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of August 2015

Unique & affordable opportunity for a large home on 1/2 acre lot in Spring Lake Village! THE HOME HAS BEEN USED AS A SINGLE FAMILY HOME AND IS
CURRENTLY SET UP TO USE AS A TWO UNIT. The upstairs unit can be used to rent out with a separate entrance or as a mother in law residence.Used as single family home it has 5 bedrooms, 2 baths with many options for common space, work/office areas, play rooms/storage. The upstairs area has a separate kitchen, bath, 3 bedrooms with dinning and living areas or 4 bedrooms with common living area. Main floor bedroom, mudroom entry with access off the driveway, main level laundry. Highlighted with classic details such as original refinished hardwood floors,tall baseboards, bold window moldings,and wonderful front knotty pine enclosed porch!See

Last Agent to Sell the Property

Dirk Stone

HomeRealty, LLC Listed on: 05/07/2015

Last Buyer's Agent

Troy Edmondson

RE/MAX West License #6506043572

RE/MAX West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1900

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 112x214

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Recreation Room
  • Basement
  • Michigan Basement
  • Range
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,204

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 112x214
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2400.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2204.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 2400.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Architectural Style Farm House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 2400.0
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 119900.0
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Dimensions: 112x214
  • Lot Size Sq Ft: 23087.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2204.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Aug 7, 2015
Sold by
Miller Kermit Randall and Miller Diana Kay
Bought by
Zajak Michael W
Seller's Agent
Dirk Stone
HomeRealty, LLC
Buyer's Agent
Troy Edmondson
RE/MAX West
List Price
$124,900
Sold Price
$117,800
Premium/Discount to List
-$7,100
-5.68%
Current Estimated Value
$448,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,260
Avg. Annual Appreciation
14.04%
Original Mortgage
$111,910
Outstanding Balance
$88,196
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$359,864

Purchase Details

Listed on
Aug 28, 2012
Closed on
Jan 15, 2013
Sold by
Aldrich David W and Aldrich Bonnie E
Bought by
Miller Kermit Randall
Seller's Agent
Gina Vis
HomeRealty, LLC
Buyer's Agent
Dirk Stone
Five Star Real Estate GH
List Price
$99,900
Sold Price
$78,000
Premium/Discount to List
-$21,900
-21.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%
Original Mortgage
$62,400
Interest Rate
3.34%
Mortgage Type
New Conventional
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
Zajak Michael W $117,800 Sun Title Agency
Miller Kermit Randall -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zajak Michael W $111,910
Previous Owner Miller Kermit Randall $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2015 08/07/15 Sold $117,800 -5.7% $49 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $124,900 +60.1% $52 / Sq Ft
01/15/2013 01/15/13 Sold $78,000 -21.9% $33 / Sq Ft View Prior Sale
11/21/2012 11/21/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $99,900 -- $42 / 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 $3,674 $168,800 $0 $0
2024 $3,019 $167,900 $0 $0
2023 $2,880 $149,700 $0 $0
2022 $3,278 $117,400 $0 $0
2021 $3,166 $108,500 $0 $0
2020 $3,070 $92,800 $0 $0
2019 $3,030 $86,100 $0 $0
2018 $2,912 $77,900 $21,400 $56,500
2017 $2,085 $77,800 $0 $0
2016 $2,073 $70,800 $0 $0
2015 -- $66,100 $0 $0
2014 -- $65,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15015534

Southwestern Michigan Association of REALTORS®

APN: 70-03-14-375-103