NOT LISTED FOR SALE

Estimated Value: $838,398 - $1,282,000

5 Beds
2.5 Baths
4,069 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $392,000 $96 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $6,096/month

11 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Deck
  • Thornapple Elementary School Rated A
  • Community Lake
  • Living Room with Fireplace

About This Home

As of February 2012

WOW! This is definitely a MUST SEE! The most beautiful, private lake frontage home nestled back in the woods, giving it that up north feel! HUGE rooms, a gorgeous fireplace, minutes from shopping and the expressway! What are you waiting for?! This Property is eligible under the Freddie Mac First Look Initiative Through 12/31/2011. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed. Buyer responsible for any de-winterization and re-winterization fees, if applicable. Buyer responsible for any well and septic inspections, if applicable.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 12/16/2011

Bellabay Realty LLC

Last Buyer's Agent

Jeffrey Schreur

Coldwell Banker Schmidt Realtors License #6502119940

Coldwell Banker Schmidt Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,898

Year Built

  • Built in 1976

Lot Details

  • Private Waterfront
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 4,069 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Water Access
  • Boathouse
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Community Lake

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,898

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 3
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0.00
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 4069.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 5898.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Fireplace: No
  • Substructure:Daylight: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Outbuildings:Boat House: Yes
  • General Property Info:SqFt Above Grade: 4069.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 4069.0
  • General Property Info:Stories2: 3.0
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Porch(es), Patio, Deck(s)
  • List Price: 392000.0
  • Lot Features: Wooded
  • Other Structures: Boat House
  • Road Surface Type: Paved
  • Water Body Name: Walden Lake
  • Waterfront Features: Private Frontage
  • Waterfront: Yes
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Paved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Dimensions: 0.00
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5898.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2011
Closed on
Feb 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wiener John L and Wiener Amy B
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Jeffrey Schreur
Coldwell Banker Schmidt Realtors
List Price
$392,000
Sold Price
$392,000
Current Estimated Value
$1,045,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,466
Avg. Annual Appreciation
7.51%
Original Mortgage
$352,800
Interest Rate
6.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2011
Sold by
Mehney William P and Mehney Samantha
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 18, 2007
Sold by
Gallup Andrew Y and Gallup Anne
Bought by
Fifth Third Mortgage Mi Llc
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
Wiener John L $392,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corp $389,119 None Available
Fifth Third Mortgage Mi Llc $477,383 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wlener John L $384,000
Closed Weiner John L $348,000
Closed Wiener John L $352,800
Previous Owner Mehney William P $373,500
Previous Owner Gallup Ii Andrew Y $195,000
Previous Owner Gallup Ii Andrew Y $466,000
Previous Owner Gallup Ii Andrew Y $116,000
Previous Owner Gallup Ii Andrew Y $463,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $392,000 0.0% $96 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
12/16/2011 12/16/11 For Sale $392,000 -- $96 / 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 $4,932 $437,900 $0 $0
2024 $4,932 $408,800 $0 $0
2023 $4,747 $350,800 $0 $0
2022 $6,763 $312,300 $0 $0
2021 $6,607 $295,700 $0 $0
2020 $4,432 $289,100 $0 $0
2019 $6,471 $285,900 $0 $0
2018 $6,471 $248,600 $0 $0
2017 $6,443 $225,400 $0 $0
2016 $6,218 $222,500 $0 $0
2015 -- $222,500 $0 $0
2013 -- $184,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11064987

Southwestern Michigan Association of REALTORS®

APN: 41-19-05-351-040