NOT LISTED FOR SALE

16350 Black Lake Cove Unit 5 Sand Lake, MI 49343

Spencer Township Neighborhood

Estimated Value: $68,000 - $155,000

2.88 Acres
$39,856 Price per Acre
125,453 Sq Ft Lot

Last Sold September 16, 2019

Last sale price $75,000

Est. 53% increase in value since last sale

Current estimated payment $669/month

142 Days on Market

Highlights

  • Private Waterfront
  • Community Lake
  • Cul-De-Sac
  • 2.88 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of September 2019

PRICED BELOW APPRAISAL!
Beautiful 2.88 acre wooded lot with 175ft of private frontage on Black Lake. Awesome walk-out building site overlooking Black Lake, west facing so you'll be able to enjoy the sunsets over the water. Black lake is a no-wake lake with channels/access to all sports Lincoln Lake and Blue Lake. Best of both worlds...peaceful private setting yet accessible to the larger lakes! Located on a quiet paved cul-de-sac and only 40 minutes from Grand Rapids. Property is staked and easy to walk, survey and arial map attached.

Last Agent to Sell the Property

Annitra Mallindine

Five Star Real Estate (Rock) License #6501375303 Listed on: 03/19/2019

Five Star Real Estate (Rock)

Last Buyer's Agent

Rebecca Uson

Epique Realty License #6506046955

Epique Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,735

Lot Details

  • 2.88 Acre Lot
  • Private Waterfront
  • 175 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Phone Available

Community Details

Overview

  • Community Lake

Recreation

  • Water Sports
  • Water Access
  • No Wake Zone

Property Details

Property Type

Land

Est. Annual Taxes

$1,735

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 1735.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Telephone: Yes
  • Waterfront Options:Water Frontage3: 175.0
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 79900.0
  • Lot Features: Rolling Hills, Buildable, Cul-De-Sac, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Black Lake
  • Waterfront Features: All Sports, No Wake, Private Frontage
  • Waterfront: Yes

Utilities

  • Utilities: None Connected, Phone Available, Natural Gas Available, Electric Available

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Community Features: Lake
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 300.0
  • Association Info:Assoc Buy in Fee: 0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:No Wake: Yes

Lot Info

  • Lot Size Acres: 2.88
  • Lot Size Area: 2.88
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 125453.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1735.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Sep 16, 2019
Sold by
Schmidt Martha J
Bought by
Feikema Larry and Badillo Kimberly
Seller's Agent
Annitra Mallindine
Five Star Real Estate (Rock)
Buyer's Agent
Rebecca Uson
Epique Realty
List Price
$99,500
Sold Price
$75,000
Premium/Discount to List
-$24,500
-24.62%
Current Estimated Value
$114,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,786
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Jan 8, 2019
Sold by
Schmidt Joshua A and The Estate Of Samuel R Schmidt
Bought by
Schmidt Martha J

Purchase Details

Closed on
Jun 25, 2018
Sold by
Schmidt Martha J and Schmidt Family Trust
Bought by
Schmidt Joshua A and Estate Of Samuel R Schmidt

Purchase Details

Closed on
Mar 21, 2016
Sold by
Schmidt Samuel R and Schmidt Martha J
Bought by
Schmidt Family Protection Trust

Purchase Details

Closed on
Jul 14, 2014
Sold by
Schmidt Samuel R
Bought by
Schmidt Samuel R and Samuel R Schmidt Protection Tr

Purchase Details

Closed on
Sep 30, 2005
Sold by
Northwood Properties
Bought by
Schmidt Samuel and Schmidt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Feikema Larry $75,000 None Available
Schmidt Martha J -- None Available
Schmidt Joshua A -- Sun Title Agency Of Michigan
Schmidt Family Protection Trust -- Attorney
Schmidt Samuel R -- Attorney
Schmidt Samuel R -- None Available
Schmidt Samuel $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Samuel R $64,000
Previous Owner Schmidt Samuel $114,825
Previous Owner Schmidt Samuel $133,000
Previous Owner Schmidt Samuel $120,700
Previous Owner Schmidt Samuel $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $75,000 -24.6% --
08/08/2019 08/08/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $99,500 -- --
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 $454 $71,600 $0 $0
2024 $454 $62,500 $0 $0
2023 $434 $48,200 $0 $0
2022 $1,916 $40,400 $0 $0
2021 $1,910 $41,300 $0 $0
2020 $426 $41,300 $0 $0
2019 $1,775 $41,300 $0 $0
2018 $1,736 $41,300 $0 $0
2017 $1,649 $38,800 $0 $0
2016 $1,635 $35,500 $0 $0
2015 -- $35,500 $0 $0
2013 -- $34,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19009977

Southwestern Michigan Association of REALTORS®

APN: 41-04-15-227-005