NOT LISTED FOR SALE

175 Gull Lake Island Richland, MI 49083

South Gull Lake Neighborhood

Estimated Value: $1,015,000 - $1,298,000

3 Beds
3 Baths
2,200 Sq Ft
$513/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $800,000 $364 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,285/month

82 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Thomas M. Ryan Intermediate School Rated A-
  • Docks
  • Living Room with Fireplace

About This Home

As of September 2014

GULL LAKE ISLAND - This is a chance to create a lifetime of memories and experience a unique lake lifestyle. This Cottage was transformed into a new home in 2007 with a complete remodel and 2 story addition to keep the ultimate charm of this special property. This cottage boasts a HUGE open floor plan for entertaining w/ Kitchen / dining room, rec room and Living room w stunning stone fireplace, leading out to a 3 sea on porch to watch the lake, Massive main floor bedroom sleeps 6, The Upper floor has the Master and second both with full baths, the 100 ft lot has a large dock system and sandy beach for hours of fun....to many details to list on this spectacular property...Call for a for private boat ride to the property.

Last Agent to Sell the Property

Bill Sikkema

Berkshire Hathaway HomeServices MI License #6501305544 Listed on: 05/16/2014

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Nate Bedecs

Berkshire Hathaway HomeServices MI License #6501366471

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 2007

Lot Details

  • 0.28 Acre Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Level Lot
  • Flag Lot
  • Sprinkler System
  • Garden

Home Design

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

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deeded Boat Dock
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Wall Furnace
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Community Storage Space
  • Security
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,249

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 100x200 irr
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2200.0
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Traditional
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Lot Description:Level: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Lot Description:Flag Lot: Yes
  • Outbuildings:Storage Shed: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 2200.0
  • General Property Info Garage YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Microwave, Dryer, Dishwasher
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • LivingArea: 2200.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Stone, Wood Siding
  • Exterior Features: Porch(es), Patio, Deck(s)
  • List Price: 1200000.0
  • Lot Features: Flag Lot, Level
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Water Body Name: Gull Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Phone Connected, Broadband
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Amenities: Security, Storage, Other
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Water Fea Amenities:Deeded Boat Lot: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 100x200 irr
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Sep 26, 2014
Sold by
Rasmussen Craig Scott
Bought by
Reichard William W and Reichard Barbara L
Seller's Agent
Bill Sikkema
Berkshire Hathaway HomeServices MI
Buyer's Agent
Nate Bedecs
Berkshire Hathaway HomeServices MI
List Price
$1,200,000
Sold Price
$800,000
Premium/Discount to List
-$400,000
-33.33%
Current Estimated Value
$1,098,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,509
Avg. Annual Appreciation
2.90%
Original Mortgage
$640,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2007
Sold by
Rasmussen Craig Scott and Rasmussen Kathryne M
Bought by
Rasmussen Craig Scott and Rasmussen Kathryne M

Purchase Details

Closed on
Jul 7, 2006
Sold by
West Michigan Plumbing & Heating Inc
Bought by
Rasmussen Craig Scott and Rasmussen Kathryne M
Source: Public Records

Range of Values:

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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
Reichard William W $800,000 Ppr Title Agency
Rasmussen Craig Scott -- None Available
Rasmussen Craig Scott $849,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichard William W $665,000
Closed Reichard William W $640,000
Previous Owner Rasmussen Craig Scott $200,000
Previous Owner West Michigan Plumbing & Heating Inc $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2014 09/26/14 Sold $800,000 -33.3% $364 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $1,200,000 -- $545 / 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 $3,249 $518,700 $0 $0
2024 $3,249 $504,700 $0 $0
2023 $13,930 $449,700 $0 $0
2022 $13,930 $419,500 $0 $0
2021 $13,573 $389,200 $0 $0
2020 $13,294 $386,000 $0 $0
2019 $12,660 $381,100 $0 $0
2018 $5,424 $365,600 $0 $0
2017 -- $355,900 $0 $0
2016 -- $341,000 $0 $0
2015 -- $243,300 $0 $0
2014 -- $198,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Sikkema

    Seller's Agent in 2014

    Bill Sikkema

    Berkshire Hathaway HomeServices MI

    (269) 207-7270

    36 in this area

    271 Total Sales

    Section Image

  • N

    Buyer's Agent in 2014

    Nate Bedecs

    Berkshire Hathaway HomeServices MI

    (269) 629-7653

    1 in this area

    37 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14025811

Southwestern Michigan Association of REALTORS®

APN: 04-18-280-210

Michigan Kalamazoo County Richland 49083 South Gull Lake

175 Gull Lake Island, Richland, MI

This home is located at 175 Gull Lake Island, Richland, MI 49083 since 16 May 2014 and is currently estimated at $1,128,211, approximately $512 per square foot. This property was built in 2007. 175 Gull Lake Island is a home located in Kalamazoo County with nearby schools including Thomas M. Ryan Intermediate School, Gull Lake Middle School, and Gull Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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