NOT LISTED FOR SALE

16138 Terrace Rd Spring Lake, MI 49456

Estimated Value: $466,000 - $624,111

4 Beds
5 Baths
3,224 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 17, 2022

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

Est. 54% increase in value since last sale

Current estimated payment $3,674/month

75 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Spring Lake High School Rated A-
  • Wooded Lot
  • Whirlpool Bathtub

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
  • Shrub
  • Sprinkler System
  • Wooded Lot
  • Garden

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
  • Living Room
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • High Speed Internet
  • Phone Available
  • 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
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90X144
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3224.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4367.47
  • Lot Description:Wooded: 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: 2.0
  • 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:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Garden Area: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Landscape:Flower Garden: Yes
  • Additional Items:Wet Bar: Yes
  • Heat Source:Wood2: Yes
  • Heat Type:Wood3: Yes
  • General Property Info:SqFt Above Grade: 2109.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Wet Bar, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Wood Burning
  • 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: Whirlpool Tub
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 389000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): 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, Wood
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Lot Info

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

Tax Info

  • Tax Annual Amount: 4367.47
  • Tax Year: 2022

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
$557,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,528
Avg. Annual Appreciation
16.82%
Original Mortgage
$290,400
Outstanding Balance
$281,960
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$275,569

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:

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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
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 Hollman Leslie $215,500
Previous Owner Lukins Leslie $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
04/24/2015 04/24/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $265 -- $0 / 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 $7,627 $253,600 $0 $0
2024 $5,770 $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: Southwestern Michigan Association of REALTORS®

MLS Number: 22033545

Southwestern Michigan Association of REALTORS®

APN: 70-03-10-227-059