NOT LISTED FOR SALE

Estimated Value: $304,000 - $335,000

3 Beds
2.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold July 13, 2022

Last sale price $250,000

Est. 30% increase in value since last sale

Current estimated payment $2,357/month

83 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Living Room
  • Heritage Grove Middle School Rated A-
  • Bar
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Located in the sought after Lakewood Falls community this spacious two story home provides a great layout, modern updates with a ton of upside! The moment you walk in this home you will see this is unlike any other home in the community, there is a first floor office with custom built ins which provides two separate work stations, ideal for the work to home environment we have all become accustomed to. The home features a gourmet kitchen with SS appliances, granite counters, off the eat in area are sliding glass doors that lead to a private patio area, ideal for those summer BBQ! The family room is open and features vaulted ceilings with fireplace, all three bedrooms on the second level are generously sized and the basement is roughed in with minor touches to be finished, currently has a footprint of a 4th bedroom, rec room and wet bar with a second full bathroom! The home need limited updates, the location is ideal and there is a ton of equity upside! This home will not last long in this hot market, get inside today to see all the potential which awaits.

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 04/01/2022

RE/MAX Premier

Last Buyer's Agent

Luke Salela

Coldwell Banker Realty License #475193035

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,952

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 60x110

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Association fees include clubhouse, exercise facilities, pool
  • Marian 815 886 1761 Association, Phone Number (815) 886-1761
  • Lakewood Falls Subdivision
  • Property managed by Lake Woods Fall phase

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,952

Year Built

Built in 2002

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lakewood Falls
  • Year Built: 2002
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1427
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 249900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Woods Fall phase
  • Management Contact Name: Marian 815-886-1761
  • Management Phone: 815-886-1761
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Exercise Facilities, Pool

Schools

  • Middle/Junior School District: 202

Lot Info

  • Lot Dimensions: 60X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5952.48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jul 7, 2022
Sold by
Blue Water Investment Trust
Bought by
Miller Julie and Baca Gregory
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Luke Salela
Coldwell Banker Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$325,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,174
Avg. Annual Appreciation
7.37%
Original Mortgage
$196,250
Outstanding Balance
$189,419
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$122,255

Purchase Details

Closed on
Mar 13, 2020
Sold by
Michalka Michael
Bought by
U S Bank National Association and Blue Water Investment Trust 2017 1

Purchase Details

Closed on
Apr 7, 2019
Sold by
Michalka Michael
Bought by
Michalka Teresa

Purchase Details

Closed on
Dec 3, 2002
Sold by
Lakewood Falls Phase 7 Llc
Bought by
Michalka Michal and Michalka Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,110
Interest Rate
7%
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
Miller Julie $250,000 Segel Law Group Inc
U S Bank National Association -- Attorney
Michalka Teresa -- None Available
Michalka Michal $183,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Julie $196,250
Previous Owner Michalka Michal $164,520
Previous Owner Michalka Michal $47,000
Previous Owner Michalka Michal $182,000
Previous Owner Michalka Michal $183,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $250,000 0.0% --
06/24/2022 06/24/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $249,900 0.0% --
04/13/2022 04/13/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $249,900 0.0% --
04/06/2022 04/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $249,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2023 $6,664 $81,679 $21,309 $60,370
2022 $6,399 $78,344 $20,439 $57,905
2021 $6,030 $73,219 $19,102 $54,117
2020 $5,952 $71,142 $18,560 $52,582
2019 $5,683 $67,787 $17,685 $50,102
2018 $5,415 $63,689 $16,616 $47,073
2017 $5,247 $60,523 $15,790 $44,733
2016 $5,110 $57,724 $15,060 $42,664
2015 $4,717 $54,074 $14,108 $39,966
2014 $4,717 $51,042 $13,610 $37,432
2013 $4,717 $51,042 $13,610 $37,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11363410

Midwest Real Estate Data (MRED)

APN: 03-13-213-005