NOT LISTED FOR SALE

2550 Indian Lakes Rd NE Cedar Springs, MI 49319

Estimated Value: $436,000 - $492,000

3 Beds
2.5 Baths
1,896 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $180,600 $95 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,774/month

9 Days on Market

Highlights

  • 4 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

This is a two story home located in the country. It has a country view and sets off the road. The home has all the bedrooms up stairs. This is a Fannie Mae Homepath Property. Purchase this property for as little as 5% down! This Property is approved for Homepath and/or Homepath Renovation Financing.

Last Agent to Sell the Property

Ralph Brill

Listed Properties LLC License #6502139103 Listed on: 04/16/2014

Last Buyer's Agent

Ingrid Nelson

Greenridge Realty (Cascade) License #6506048552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 2006

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 500x315
  • The property's road front is unimproved
  • Property is zoned na, na

Parking

  • 2 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 500X315
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1896.0
  • Tax Info:Annual Property Tax: 2524.0
  • Tax Info:Zoning3: na
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1896.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1896.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 170000.0
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 4.0
  • Lot Size Area: 4.0
  • Lot Dimensions: 500X315
  • Lot Size Sq Ft: 174240.0
  • Zoning Description: na
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2524.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 26, 2014
Sold by
Fannie Mae
Bought by
Gilmore Trent and Gilmore Myra J
Seller's Agent
Ralph Brill
Listed Properties LLC
Buyer's Agent
Ingrid Nelson
Greenridge Realty (Cascade)
List Price
$170,000
Sold Price
$180,600
Premium/Discount to List
$10,600
6.24%
Current Estimated Value
$466,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,375
Avg. Annual Appreciation
8.44%
Original Mortgage
$144,480
Outstanding Balance
$110,887
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$337,605

Purchase Details

Closed on
Sep 19, 2013
Sold by
Independent B Ank
Bought by
Fannie Mae

Purchase Details

Closed on
Sep 18, 2013
Sold by
Troy Jason and Troy Floretta
Bought by
Independent Bank

Purchase Details

Closed on
Feb 13, 2009
Sold by
Troy Jason
Bought by
Troy Jason and Troy Floretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,600
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Wilcox Melvin R and Wilcox Carol F
Bought by
Troy Jason
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
Gilmore Trent $180,600 Attorneys Title Agency Llc
Fannie Mae -- None Available
Independent Bank $154,105 None Available
Troy Jason -- Independent Title Svcs Inc
Troy Jason $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Trent $144,480
Previous Owner Troy Jason $154,600
Previous Owner Troy Jason $17,402
Previous Owner Troy Jason $6,377
Previous Owner Troy Jason $155,000
Previous Owner Troy Jason $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $180,600 +6.2% $95 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $170,000 -- $90 / 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 $3,437 $233,900 $0 $0
2024 $3,437 $218,500 $0 $0
2023 $3,909 $197,000 $0 $0
2022 $3,753 $171,800 $0 $0
2021 $3,777 $147,400 $0 $0
2020 $3,139 $145,000 $0 $0
2019 $3,692 $141,800 $0 $0
2018 $3,619 $128,700 $0 $0
2017 $3,523 $120,200 $0 $0
2016 $5,457 $114,100 $0 $0
2015 -- $114,100 $0 $0
2013 -- $88,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ralph Brill

    Listed Properties LLC

  • I

    Buyer's Agent in 2014

    Ingrid Nelson

    Greenridge Realty (Cascade)

    (616) 481-4292

    95 Total Sales

    Ingrid Nelson
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14017831

Southwestern Michigan Association of REALTORS®

APN: 41-06-03-300-037

Michigan Kent County Cedar Springs 49319

2550 Indian Lakes Rd NE, Cedar Springs, MI

This home is located at 2550 Indian Lakes Rd NE, Cedar Springs, MI 49319 since 16 April 2014 and is currently estimated at $466,975, approximately $246 per square foot. This property was built in 2006. 2550 Indian Lakes Rd NE is a home located in Kent County with nearby schools including Cedar Trails Elementary School, Red Hawk Intermediate School, and Beach Elementary 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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