NOT LISTED FOR SALE

Estimated Value: $555,000 - $1,165,000

1.22 Acres
$761,266 Price per Acre
53,143 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $650,000

Est. 43% increase in value since last sale

Current estimated payment $6,281/month

164 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • No HOA
  • Pine Ridge Elementary School Rated A
  • 1.22 Acre Lot
  • Cul-De-Sac

About This Lot

As of May 2021

This exclusive 1.2 acre homesite on the Thornapple River is an opportunity to build your dream home with BDR Custom Homes. This waterfront lot provides for a southern exposure with stunning panoramic river views. Enjoy 150' of frontage along the Thornapple River, just above the Cascade Dam. This lot includes mature trees for privacy and a detached garage on the property for additional storage. Conveniently located within the Forest Hills School District, this property offers access to bike paths, restaurants, coffee shops, and Tassel Park. Let the integrity and experience of the team at BDR Custom Homes build your custom home on this spectacular property. Lot sale subject to buyer entering into a construction agreement with BDR Custom Homes. Existing home on property to be removed prior to construction of future residence.

Sale includes 3301 Thorncrest Drive, SE, Grand Rapids, MI 49546 (PPN: 41-19-16-426-020)

All information subject to buyer review and confirmation.

Last Agent to Sell the Property

David Contant

Schermer Realty LLC Listed on: 04/27/2020

Last Buyer's Agent

Tom Zandee

Five Star Real Estate (M6) License #6501257930

Five Star Real Estate (M6)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,450

Year Built

  • 1951

Lot Details

  • 1.22 Acre Lot
  • Private Waterfront
  • Cul-De-Sac
  • Finished Lot(s)

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$4,450

Year Built

1951

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1951

Exterior Features

  • List Price: 689000.0
  • Lot Features: Buildable, Cul-De-Sac
  • Road Surface Type: Paved
  • Topography: {"High Bank":true,"Level":true}
  • Water Body Name: Thornapple River
  • Waterfront Features: All Sports, Dock, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 1.22
  • Lot Size Area: 1.22
  • Lot Size Sq Ft: 53143.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4449.88
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
May 25, 2021
Sold by
Bdr Holdings Llc
Bought by
Marvin Jason and Marvin Kathleen
Seller's Agent
David Contant
Schermer Realty LLC
Buyer's Agent
Tom Zandee
Five Star Real Estate (M6)
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
Total Days on Market
164
Current Estimated Value
$928,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,745
Avg. Annual Appreciation
9.93%
Original Mortgage
$882,000
Outstanding Balance
$717,303
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$236,577

Purchase Details

Closed on
May 31, 2019
Sold by
Stuit Ronald J and Stuit Donna K
Bought by
Bdr Holdings Llc

Purchase Details

Closed on
Jun 2, 2005
Sold by
Stuit Ronald J and Stuit Donna K
Bought by
Renucci Peter P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marvin Jason $650,000 First American Title Ins Co
Bdr Holdings Llc $555,000 First American Title Ins Co
Renucci Peter P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marvin Jason $882,000
Closed Bdr Holdings Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $650,000 -5.7% --
10/08/2020 10/08/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $689,000 -- --
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
2024 $13,043 $789,800 $0 $0
2023 $17,057 $607,700 $0 $0
2022 $17,282 $422,600 $0 $0
2021 $13,443 $273,100 $0 $0
2020 $8,017 $262,100 $0 $0
2019 $4,450 $248,300 $0 $0
2018 $4,350 $230,600 $0 $0
2017 $4,334 $217,400 $0 $0
2016 $4,183 $209,900 $0 $0
2015 -- $209,900 $0 $0
2013 -- $198,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20013697

Southwestern Michigan Association of REALTORS®

APN: 41-19-16-426-022