NOT LISTED FOR SALE

1698 Watermark Dr SE Unit 5 Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $1,138,000 - $1,276,239

5 Beds
3.5 Baths
5,370 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $695,000 $129 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,593/month

4 Days on Market

Highlights

  • On Golf Course
  • Fruit Trees
  • Family Room with Fireplace
  • Ada Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of May 2018

Located in the desirable gated community of Watermark, in the heart of Forest Hills, this home is sure to impress. Attention to detail in the construction, finishes and recent updates, cannot be understated. Recent improvements include updated kitchen, refinished hardwood floors, redesigned formal dining area and fresh paint (interior and exterior). The thoughtful design of the home starts as soon as you walk in the front door into the grand foyer that opens to the incredible living room and completing this area is the beautiful formal dining area. The kitchen will satisfy any chef with 48-inch professional range, quartz counters, butler's pantry, plenty of cabinets. Kitchen adjoins a great hearth room with stone fireplace along with a convenient eating area. You will surly enjoy the open master suite with sitting room, spacious walk-in closet suite, and large bath with jetted tub and ceramic tiled shower. Additionally, there are 2 bedrooms featuring a Jack-and-Jill bath. Laundry and mudroom with lockers complete the main floor. Walkout lower level is an entertainers dream. Showcasing a home theater room with 120" screen, wine room/cellar, kitchenette, rec area, family room with fireplace, office area, full bath, and 2 additional bedrooms. This stunning 5-bedroom, 3.5 bath home with spectacular views of the 6th fairway, from the huge deck, is a must see. Lots of extras like dual zone heating, 3 stall garage, professional landscaping, whole house sound system, patio, ample storage and much more, proves this home is a great value and will sell fast.

Last Agent to Sell the Property

Jeffery VanRhee

Keypoint Realty Group LLC License #6502372932 Listed on: 04/05/2018

Last Buyer's Agent

Scott Perschbacher

Greenridge Realty (EGR)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,358

Year Built

  • Built in 2006

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 113x144x124x127
  • On Golf Course
  • Shrub
  • Terraced Lot
  • Fruit Trees
  • Garden
  • Property is zoned PUD, PUD

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 5,370 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Desk
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Recreation

  • Golf Course Community

Additional Features

  • Security
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,358

Year Built

Built in 2006

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Oven, Dryer, Disposal, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Wet Bar, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk-Out Access
  • LivingArea: 5370.0
  • Window Features: Insulated Windows, Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Kitchen Features:Desk Built-In: Yes

Exterior Features

  • Construction Materials: Stone, Wood Siding
  • Exterior Features: Patio, Deck(s)
  • List Price: 725000.0
  • Lot Features: Golf Community
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Security
  • Association Fee: 690.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 690.0
  • Association Info:Assoc Fee Payable: Annually
  • Assoc Amenities:Security: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 113x144x124x127
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11358.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 21, 2018
Sold by
Morris Brian and Morris Kim
Bought by
Mander Navneet S and Mander Anjali M
Seller's Agent
Jeffery VanRhee
Keypoint Realty Group LLC
Buyer's Agent
Scott Perschbacher
Greenridge Realty (EGR)
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Total Days on Market
4
Current Estimated Value
$1,208,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,560
Avg. Annual Appreciation
8.18%
Original Mortgage
$556,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jul 7, 2016
Sold by
Sundaram Sridhar and Sridhar Suganthi
Bought by
Morris Brian and Morris Kim
Seller's Agent
Douglas Cooke
Five Star Real Estate (Main)
Buyer's Agent
Jeffery VanRhee
Keypoint Realty Group LLC
List Price
$689,950
Sold Price
$615,000
Premium/Discount to List
-$74,950
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Listed on
Dec 30, 2013
Closed on
Mar 14, 2014
Sold by
The Bank Of New York Mellon
Bought by
Sundaram Sridhar and Sridhar Suganthi
Seller's Agent
Dave V'dovick
Independence Realty (Belmont)
Buyer's Agent
Douglas Cooke
Five Star Real Estate (Main)
List Price
$565,900
Sold Price
$499,900
Premium/Discount to List
-$66,000
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$399,920
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2013
Sold by
Rozek Karen M and Rozek David C
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 31, 2006
Sold by
Bell Clem and Bell Renee
Bought by
Rozek David C and Rozek Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Tornvall Kenneth B and Tornvall Kathleen Tobin
Bought by
Bell Clem H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2000
Bought by
Tornvall Kenneth B and Bank Of New York Mellon
Source: Public Records

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Range of Values:

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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
Mander Navneet S $695,000 Sun Title Agency Of Michigan
Morris Brian $615,000 None Available
Sundaram Sridhar $499,900 None Available
The Bank Of New York Mellon $679,782 None Available
Rozek David C -- None Available
Bell Clem H $120,000 None Available
Tornvall Kenneth B $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mander Navneet S $508,500
Closed Mander Navneet S $556,000
Previous Owner Sundaram Sridhar $398,000
Previous Owner Sundaram Sridhar $20,000
Previous Owner Sundaram Sridhar $399,920
Previous Owner Rozek David C $624,000
Previous Owner Bell Clem H $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $695,000 -4.1% $129 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $725,000 +17.9% $135 / Sq Ft
07/07/2016 07/07/16 Sold $615,000 -10.9% $115 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $689,950 +38.0% $128 / Sq Ft
04/07/2014 04/07/14 Sold $499,900 -11.7% $92 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $565,900 -- $105 / 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
2024 $9,014 $500,400 $0 $0
2023 $12,621 $450,300 $0 $0
2022 $12,213 $407,900 $0 $0
2021 $11,914 $392,500 $0 $0
2020 $8,047 $375,800 $0 $0
2019 $11,401 $364,000 $0 $0
2018 $11,401 $356,800 $0 $0
2017 $14,465 $317,500 $0 $0
2016 $10,244 $315,600 $0 $0
2015 -- $315,600 $0 $0
2013 -- $298,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18013017

Southwestern Michigan Association of REALTORS®

APN: 41-19-06-489-005