NOT LISTED FOR SALE

16138 Terrace Rd Spring Lake, MI 49456

Estimated Value: $445,000 - $567,000

4 Beds
5 Baths
3,224 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $363,000 $113 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,303/month

75 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Spring Lake High School Rated A-
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of November 2022

What a great location! This executive style home in a fantastic neighborhood is priced to sell. All four bedrooms are spacious, but the master suite is just tremendous! With a walk-in closet and large private bath. You can see the lake from your front windows and the view out your back windows is absolutely peaceful. Backing up to township land gives you great privacy. The main floor boasts a large kitchen and informal dining area plus a formal dining room. The kitchen is open to a large family room and there is still room in the house for a living room at the front of the house. In the basement there is a vast amount of storage space! The rest of the walkout basement is just waiting to be customized to your specific taste. Call today to schedule a showing!

Last Agent to Sell the Property

Dillon Baker

Five Star Real Estate License #6501415985 Listed on: 08/04/2022

Five Star Real Estate

Last Buyer's Agent

Renee Roberts

HomeRealty, LLC License #6501375805

HomeRealty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,367

Year Built

  • Built in 1993

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 90x144
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,367

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1993
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: No
  • Manufactured:Manufactured YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Range
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Wet Bar, Eat-in Kitchen, Pantry
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Walk-Out Access
  • LivingArea: 3224.0
  • Spa Features: Bath
  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 389000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Porch
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Paved, Attached

Utilities

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

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 90X144
  • Lot Size Sq Ft: 13068.0

Tax Info

  • Tax Annual Amount: 4367.47
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Nov 17, 2022
Sold by
Hollman Leslie
Bought by
Johnson Olin and Johnson Molly
Seller's Agent
Dillon Baker
Five Star Real Estate
Buyer's Agent
Renee Roberts
HomeRealty, LLC
List Price
$429,000
Sold Price
$363,000
Premium/Discount to List
-$66,000
-15.38%
Views
13
Current Estimated Value
$540,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,557
Avg. Annual Appreciation
11.98%
Original Mortgage
$290,400
Outstanding Balance
$281,378
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$239,400

Purchase Details

Listed on
Apr 9, 2015
Closed on
May 28, 2015
Sold by
Behm Timothy A and Behm Jane C
Bought by
Lukins Leslie
Seller's Agent
Jeffrey Krantz
Keller Williams Realty Rivertown
Buyer's Agent
Brian Klingel
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$265
Sold Price
$250,000
Premium/Discount to List
$249,735
94239.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$237,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Behm Timothy A and Behm Jane C
Bought by
Behm Timothy A and Behm Jane C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Johnson Olin $363,000 Star Title
Lukins Leslie $250,000 Sun Title Agency Of Mi Llc
Behm Timothy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Olin $290,400
Previous Owner Lukins Leslie $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $363,000 -6.7% $113 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $389,000 -2.5% $121 / Sq Ft
08/26/2022 08/26/22 Price Changed $399,000 -3.6% $124 / Sq Ft
08/16/2022 08/16/22 Price Changed $414,000 -3.5% $128 / Sq Ft
08/04/2022 08/04/22 For Sale $429,000 +71.6% $133 / Sq Ft
05/28/2015 05/28/15 Sold $250,000 +94239.6% $78 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $265 -- $0 / Sq Ft
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 $5,947 $253,600 $0 $0
2024 $58 $251,200 $0 $0
2023 $5,509 $236,600 $0 $0
2022 $4,527 $202,400 $0 $0
2021 $4,367 $167,900 $0 $0
2020 $4,514 $166,300 $0 $0
2019 $4,465 $162,700 $0 $0
2018 $4,206 $138,000 $12,300 $125,700
2017 $4,157 $140,600 $0 $0
2016 $4,180 $141,400 $0 $0
2015 -- $139,900 $0 $0
2014 -- $126,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22033545

MichRIC

APN: 70-03-10-227-059