NOT LISTED FOR SALE

3587 Mason Lake Rd NE Grand Rapids, MI 49525

Estimated Value: $539,000 - $606,000

3 Beds
2.5 Baths
1,829 Sq Ft
$310/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $345,000 $189 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,316/month

5 Days on Market

Highlights

  • Water Views
  • Property is near a lake
  • Living Room with Fireplace
  • Knapp Forest Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of July 2020

This custom ranch in Forest Hills Eastern School District sits at end of a quiet cul de sac on nearly half an acre lot near shopping, schools and restaurants. 3 possible 5 bedrooms. Open plan with great room with cathedral ceilings, floor to ceiling windows over looking private wooded back yard. handsome gas fireplace, double sliding doors off of the dining area. A large island in the spacious kitchen serves as a snack bar for your family and friends. 3 bedrooms and 2.5 baths are on the main floor. Master bath with jacuzzi tub separate shower. A mud room and conveniently placed laundry are on the main floor. Walkout lower level studded and plumbed - ready to be finished. Private yard leads to Mason Lake, a small lake with abundant nature, wildlife & great for winter ice skating! Don't miss your chance to own this home in Forest Hills schools!
Buyer 1 yr Home Warranty included! Sellers to give a 3000. decorating allowance with accepted offer.
Open house Monday July 13th Offers due Tuesday July 14th by 5:00 pm

Last Agent to Sell the Property

Denise Maghielse

Real Estate with Maghielse &Co Listed on: 07/10/2020

Last Buyer's Agent

Steven Fahlen

Five Star Real Estate (Main) License #6501393151

Five Star Real Estate (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1992

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 106.x235.x 70.x 228.
  • Cul-De-Sac
  • Shrub
  • Terraced Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,829 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Desk
  • Gas Log Fireplace
  • Window Treatments
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Water Views
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Property is near a lake
  • No Wake Zone
  • Shared Waterfront
  • Deck
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,588

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 106.x235.x 70.x 228.
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1829.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3588.0
  • Tax Info:Zoning3: Res
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Waterfront Options:Water Frontage3: 1.0
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Home Warranty: Yes
  • Mineral Rights:No: Yes
  • Landscape:Terraced Yard: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Central Vacuum: Yes
  • General Property Info:SqFt Above Grade: 1829.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Central Vacuum, Garage Door Opener, Whirlpool Tub, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 1829.0
  • Window Features: Screens, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Fireplace:Rec Room: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Wood Siding
  • Home Warranty: Yes
  • List Price: 339900.0
  • Lot Features: Wooded, Cul-De-Sac
  • Patio and Porch Features: Deck, Patio
  • Roof: Composition
  • Water Body Name: Mason Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • 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
  • Utilities: Natural Gas Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Shared Frontage: Yes

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Dimensions: 106.x235.x 70.x 228.
  • Lot Size Sq Ft: 20909.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3588.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 5, 2020
Sold by
Chin Ping K L
Bought by
Fahlen James and Fahlen Megan
Seller's Agent
Denise Maghielse
Real Estate with Maghielse &Co
Buyer's Agent
Steven Fahlen
Five Star Real Estate (Main)
List Price
$339,900
Sold Price
$345,000
Premium/Discount to List
$5,100
1.5%
Current Estimated Value
$567,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,410
Avg. Annual Appreciation
9.90%
Original Mortgage
$155,700
Outstanding Balance
$110,005
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$457,405

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jul 24, 2020
Sold by
Chin Ping K L and Chin Yum B
Bought by
Fahlen James and Fahlen Megan
Seller's Agent
Denise Maghielse
Real Estate with Maghielse &Co
Buyer's Agent
Steven Fahlen
Five Star Real Estate (Main)
List Price
$339,900
Sold Price
$345,000
Premium/Discount to List
$5,100
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Outstanding Balance
$110,005
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$457,405
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
Fahlen James $345,000 Chicago Title
Fahlen James $345,000 Chicago Title Of Michigan In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahlen James $155,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $345,000 +1.5% $189 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $339,900 -- $186 / Sq Ft
Source: MichRIC

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 $4,084 $255,100 $0 $0
2024 $4,084 $233,600 $0 $0
2023 $3,905 $214,000 $0 $0
2022 $5,245 $178,800 $0 $0
2021 $5,119 $173,200 $0 $0
2020 $2,541 $175,400 $0 $0
2019 $3,552 $141,100 $0 $0
2018 $3,499 $131,100 $0 $0
2017 $3,483 $132,200 $0 $0
2016 $3,357 $122,800 $0 $0
2015 -- $122,800 $0 $0
2013 -- $108,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20026741

MichRIC

APN: 41-14-11-326-044