NOT LISTED FOR SALE

3817 Balsam Waters Dr NE Unit 39 Grand Rapids, MI 49525

Estimated Value: $684,761 - $904,000

0.32 Acre
$2,528,719 Price per Acre
13,939 Sq Ft Lot

Last Sold May 30, 2022

Last sale price $140,000

Est. 478% increase in value since last sale

Current estimated payment $5,136/month

83 Days on Market

Highlights

  • Docks
  • Knapp Forest Elementary School Rated A
  • Waterfront

About This Lot

As of May 2022

Welcome to Balsam Waters by Mosaic Homes! A budding neighborhood of architecturally designed homes located near Knapp's Corner, one of West Michigan's most convenient and growing locations. Professionally designed homes start in the mid $400's and include the option to build a full custom home or choose from pre-designed floor plans to simplify the building process. See the supplemental remarks for more neighborhood information. Use the More button to see key features. Key Features of Balsam Waters:
1. Location- A birds-eye view of this area would show this community is situated less than two minutes from Knapp's Corner which includes grocery, restaurants, entertainment and less than five minutes from Forest Hills Eastern Middle and High School.
2. Architecture- We have crafted an architectural codebook that assists us in the process of creating a cohesive language of architecture. If you have the opportunity, we recommend you drive through Balsam Hill to view such architecture. Balsam Hill is located on Hall Street in Ada Twp, just 400 feet east of Cascade Road.
3. Quality and Value- Our goal is to bring not only stunning architectural style but also superior quality of craftsmanship. Our standards are considered by most to be upgrades. We have partnered with local energy specialists and national trades to draft a "Mosaic Green Built Standard" which ensures all of our homes meet or exceed our strict energy efficiency requirements.
4. Water and Land- When you walk Balsam Waters you will be surprised as to how beautiful and rolling the land is with a combination of wooded ravine and waterfront views. There are two water features on the site. One is located on the east side and is fabulous for fishing. The other is located on the west side and is a perfect place to take in nature.

Last Listed By

Jamieson Dutot

Mosaic Properties, Inc. License #6501352359 Listed on: 05/04/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $156

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Cleared Lot
  • Finished Lot(s)

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include trash

Recreation

  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$156

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 140000.0
  • Lot Features: Buildable, Cleared, Sidewalk, Wooded
  • Road Surface Type: Paved
  • Topography: {"Ravine":true}
  • Waterfront Features: Dock
  • Waterfront: Yes

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Other

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 14132.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 156.15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Apr 28, 2022
Sold by
Lake and Linda
Bought by
Lawrence L Lake Trust and Linda R Lake Trust
Seller's Agent
Jamieson Dutot
Mosaic Properties, Inc.
Buyer's Agent
Alicia Joustra
Five Star Real Estate (Main)
List Price
$140,000
Sold Price
$140,000
Total Days on Market
83
Current Estimated Value
$809,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,190
Avg. Annual Appreciation
68.98%

Purchase Details

Closed on
Jan 20, 2022
Sold by
Balsam Waters Llc
Bought by
Lake Linda and Lake Lawrence

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
Lawrence L Lake Trust -- None Listed On Document
Lake Linda $125,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2022 05/30/22 Sold $140,000 0.0% --
07/26/2021 07/26/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $140,000 -- --
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 $7,278 $351,300 $0 $0
2023 $8,308 $280,400 $0 $0
2022 $160 $45,000 $0 $0
2021 $156 $45,000 $0 $0
2020 $99 $45,000 $0 $0
2019 $154 $45,000 $0 $0
2018 $2,182 $45,000 $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: 21015249

Southwestern Michigan Association of REALTORS®

APN: 41-14-11-477-041