$615,000
SOLD JUL 7, 2016

1698 Watermark Dr SE Unit 5 Grand Rapids, MI 49546

Forest Hills Neighborhood
5 Beds
3.5 Baths
5,370 Sq Ft
0.3 Acres

Recently Sold

$115 Per Sq Ft

11% Below List Price

71 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

Eloquent, Exquisite and Stunning are the features that describe this one in a million homes in a gated community. From conception to construction this home was wonderfully designed and completed for family entertainment. The home sits on the 6th fairway with great open and wooded views. Upon opening your designer front door you are over come by the beautiful foyer with high ceilings that opens into the incredible living room. And, adjoining the foyer is your gorgeous formal dining room. The kitchen was designed and crafted for the ultimate chef in mind. It features a beautiful Granite countertop, beautiful cabinets and the super feature - a Butler's Pantry. They purchased a GE 48 inch Monogram Professional Dual Fuel Range with 48 in vent hood, an LG Direct Drive Dishwasher and a French Door Stainless Steel LG Refrigerator. Adjacent to the Kitchen are both a Sun room that has a majestic floor to ceiling stone fireplace and a second convenient dinning area. A spacious and generous deck enhance the entertainment of this lovely home. The main level also features a very large open master suite with a very large master bath with jetted tub, sitting room, ceramic tiled shower and walk-in closet. The bedroom has lighted tray ceilings which enhances that special moment. There are two other large bedrooms with a Jack and Jill bath. The 3 car attached garage entrance has a large mud room with lockers and a 1/2 bath. Entertainment delight is the lower level with a Home Theater Room with a Da-Lite 120" Cinema Screen, Epson Powerlite Home 8350 Projector and a 7.1 Speaker System. Enjoy your surround sound with speakers in the living room, kitchen, family room, master bedroom and bath, the outdoor deck and lower level. Also in the lower level is a Wine room, Kitchen/wet bar, Billiard room, exercise room, Family room and two additional bedrooms and full bath. French doors to a large patio complete this beautiful home. Three storage rooms keep you well organized. Home has two zoned heating system. The lower level could be used for an In-law apartment.

Last Agent to Sell the Property

Douglas Cooke

Five Star Real Estate (Main) License #6502356635 Listed on: 04/27/2016

Five Star Real Estate (Main)

Last Buyer's Agent

Jeffery VanRhee

Keypoint Realty Group LLC License #6502372932

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,105

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

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

$10,105

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
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Wet Bar
  • Fireplace Features: Gas Log, Living, Family
  • Fireplace: Yes
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk Out
  • LivingArea: 5370.0
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords
  • 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: Wood Siding, Stone
  • List Price: 659900.0
  • Lot Features: Golf Community, Golf Course Frontage
  • Road Surface Type: Paved
  • Roof: Composition
  • 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
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_three_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

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 Size Sq Ft: 13068.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10105.0
  • Tax Year: 2015

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
71
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $695,000 Sun Title Agency Of Michigan
Warranty Deed $615,000 None Available
Deed $499,900 None Available
Sheriffs Deed $679,782 None Available
Warranty Deed -- None Available
Warranty Deed $120,000 None Available
Warranty Deed $99,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $508,500 New Conventional
Closed $556,000 New Conventional
Previous Owner $398,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $399,920 New Conventional
Previous Owner $624,000 New Conventional
Previous Owner $550,000 Construction
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: 16018912

Southwestern Michigan Association of REALTORS®

APN: 41-19-06-489-005