NOT LISTED FOR SALE

318 Rachaels Way Unit 12 Spring Lake, MI 49456

Estimated Value: $543,000 - $858,000

6 Beds
5 Baths
3,989 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $203,000 $51 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $5,335/month

644 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Porch
  • Spring Lake High School Rated A-
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of August 2018

Truly a remarkable opportunity to revive an iconic, historical Victorian landmark in the Village! Investors and savvy project managers take note: the Lilley Mansion has over 4000 sq. ft, attached garage, the potential for 6+ BD, 5+ BA, and host of unique common rooms both grand and intimate. Several vital improvements have already been done, including custom cement board siding, 50 year roof, updated electrical, plumbing and many custom woodwork restorations. Basement and attic levels are unfinished and brimming with potential, and architectural drawings are available. With close proximity to Spring Lake, the bike path, library, and Village shops, restaurants & attractions, this opportunity encompasses history, artisan craftsmanship and community. See photos & floor plans for details.

Last Agent to Sell the Property

Dirk Stone

HomeRealty, LLC Listed on: 10/25/2016

Last Buyer's Agent

Dirk Stone

Five Star Real Estate GH License #6501335451

Five Star Real Estate GH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1877

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45 x 95
  • Cul-De-Sac
  • Shrub

Parking

  • 2 Car Attached Garage

Home Design

  • Victorian Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 3,989 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • 5 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,872

Year Built

Built in 1877

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Victorian
  • Stories: 2
  • Year Built: 1877
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45 x 95
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3989.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1872.3
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • General Property Info:Condo Proj Name: THE COTTAGES AT ALDEN PLACE
  • General Property Info:SqFt Above Grade: 3989.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Victorian: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Flooring: Wood
  • Interior Amenities: Center Island
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Main Level Bedrooms: 1
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • LivingArea: 3989.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1791.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: HardiPlank Type
  • List Price: 425000.0
  • Lot Features: Sidewalk, Cul-De-Sac
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Porch(es): 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

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 45 x 95
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1872.3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Sunderlin Jennifer
Bought by
Allison L Auffrey Trust and Ertl
Current Estimated Value
$769,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,750
Outstanding Balance
$546,494
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$223,441

Purchase Details

Closed on
Nov 13, 2020
Sold by
Bulldog Property Developers Llc
Bought by
Sunderlin Jennifer

Purchase Details

Listed on
Oct 25, 2016
Closed on
Aug 1, 2018
Sold by
Robertson Jane S
Bought by
Bulldon Property Developers Llc
Seller's Agent
Dirk Stone
HomeRealty, LLC
Buyer's Agent
Dirk Stone
Five Star Real Estate GH
List Price
$499,900
Sold Price
$203,000
Premium/Discount to List
-$296,900
-59.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Life Space Llc
Bought by
Robertson Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,690
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Allison L Auffrey Trust $745,000 Premier Lakeshore Title
Sunderlin Jennifer -- Foundation Title Agency Llc
Bulldon Property Developers Llc $203,000 Foundation Title Agency Llc
Robertson Jane S -- None Available
Life Space Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison L Auffrey Trust $558,750
Previous Owner Robertson Jane S $330,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $203,000 -59.4% $51 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
10/25/2016 10/25/16 For Sale $499,900 -- $125 / 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 $14,843 $341,100 $0 $0
2024 $12,196 $362,000 $0 $0
2023 $10,022 $338,700 $0 $0
2022 $7,413 $263,300 $0 $0
2021 $7,161 $232,100 $0 $0
2020 $10,350 $236,200 $0 $0
2019 $10,198 $172,200 $0 $0
2018 $9,133 $153,600 $20,100 $133,500
2017 $6,524 $155,400 $0 $0
2016 $2,423 $53,300 $0 $0
2015 -- $47,400 $0 $0
2014 -- $37,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dirk Stone

    HomeRealty, LLC

  • J

    Buyer's Agent in 2018

    James Stone

    Eastbrook Homes Inc

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16054119

Southwestern Michigan Association of REALTORS®

APN: 70-03-15-471-002

Michigan Ottawa County Spring Lake 49456

318 Rachaels Way Unit 12, Spring Lake, MI

This home is located at 318 Rachaels Way Unit 12, Spring Lake, MI 49456 since 25 October 2016 and is currently estimated at $769,935, approximately $193 per square foot. This property was built in 1877. 318 Rachaels Way Unit 12 is a home located in Ottawa County with nearby schools including Spring Lake High School, West Michigan Academy of Arts & Academics, and Walden Green Montessori 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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