NOT LISTED FOR SALE

12267 E D Ave Unit 4 Richland, MI 49083

South Gull Lake Neighborhood

Estimated Value: $825,000 - $1,760,000

0.27 Acre
$5,093,081 Price per Acre
11,761 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $650,000

Est. 112% increase in value since last sale

Current estimated payment $7,918/month

About This Lot

As of July 2018

Welcome to Gull Harbor Pointe with exceptional Gull Lake living. This small enclave for seven new homes has private roads, landscaped & irrigated common areas, ample parking. Its a very short walk to restaurants, ice cream (The Ice House), convenience stores, the Gull Lake Marina and the Gull Lakeview Golf courses.
This homesite is one of 7 and has 124' of pristine Gull Lake frontage w/sandy beach. There are four beautiful homes and only three vacant sites remain. Each home site has 100'+ of lake frontage, Established Architectural standards require a high level of design, exterior finishes and landscaping. The homeowners association maintains all the lawns, fertilizing, spring & fall cleanup and snow removal from roads and drives.

Last Agent to Sell the Property

Jack Gesmundo

American Village Builders LLC License #6502353959 Listed on: 11/01/2018

Last Buyer's Agent

Jack Gesmundo

American Village Builders LLC License #6502353959 Listed on: 11/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,914

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Cleared Lot

HOA Fees

  • $200 Monthly HOA Fees

Community Details

Overview

  • Association fees include lawn/yard care, snow removal

Recreation

  • Water Sports

Property Details

Property Type

Land

Est. Annual Taxes

$3,914

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 650000.0
  • Lot Features: Buildable, Cleared, Site Condo
  • Road Surface Type: Paved
  • Water Body Name: Gull Lake
  • Waterfront Features: All Sports
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11955.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3914.26
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jul 13, 2018
Sold by
Gesmundo Jack S
Bought by
American Village Develoo0pmkent Llc
Seller's Agent
Jack Gesmundo
American Village Builders LLC
Buyer's Agent
Jack Gesmundo
American Village Builders LLC
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,375,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,132
Avg. Annual Appreciation
10.46%
Original Mortgage
$999,950
Outstanding Balance
$846,378
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$528,754

Purchase Details

Closed on
Feb 28, 2017
Sold by
Sullivan Michael P and Sullivan Mary L
Bought by
American Village Development Ii Llc
Source: Public Records
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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
American Village Develoo0pmkent Llc -- None Available
American Village Development Ii Llc $975,000 Ask Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open American Village Develoo0pmkent Llc $999,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 For Sale $650,000 0.0% --
07/13/2018 07/13/18 Sold $650,000 -- --
06/13/2018 06/13/18 Pending -- -- --
Source: MichRIC

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 $7,193 $870,300 $0 $0
2024 $6,987 $770,300 $0 $0
2023 $6,661 $687,800 $0 $0
2022 $29,951 $623,300 $0 $0
2021 $29,183 $575,000 $0 $0
2020 $28,585 $565,500 $0 $0
2019 $27,221 $553,500 $0 $0
2018 $4,048 $187,600 $0 $0
2017 -- $170,400 $0 $0
2016 -- $162,300 $0 $0
2015 -- $162,300 $0 $0
2014 -- $162,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jack Gesmundo

    American Village Builders LLC

    (269) 323-2022

    1 in this area

    140 Total Sales

    Jack Gesmundo
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Map

Source: MichRIC

MLS Number: 18053341

MichRIC

APN: 04-20-181-004

Michigan Kalamazoo County Richland 49083 South Gull Lake

12267 E D Ave Unit 4, Richland, MI

Not Listed for Sale

Lots

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