NOT LISTED FOR SALE

3817 Upper Lake Ct NE Unit 50 Grand Rapids, MI 49525

Estimated Value: $184,000 - $972,000

0.38 Acre
$1,822,945 Price per Acre
16,553 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $143,000

Est. 384% increase in value since last sale

Current estimated payment $4,741/month

102 Days on Market

Highlights

  • Docks
  • Knapp Forest Elementary School Rated A
  • Waterfront

About This Lot

As of December 2020

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- Mosaic Homes has 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 "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: 08/27/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $154

Lot Details

  • 0.38 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

$154

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: 155000.0
  • Lot Features: Buildable, Cleared, Sidewalk
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront Features: Dock
  • Waterfront: Yes

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Other

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16709.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 153.89
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 30, 2020
Sold by
Balsam Waters Llc
Bought by
Ahmed Aiesha
Seller's Agent
Jamieson Dutot
Mosaic Properties, Inc.
Buyer's Agent
Julia Harris
Keller Williams GR North
List Price
$155,000
Sold Price
$143,000
Premium/Discount to List
-$12,000
-7.74%
Total Days on Market
102
Current Estimated Value
$692,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,719
Avg. Annual Appreciation
42.55%
Original Mortgage
$708,130
Outstanding Balance
$640,073
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$52,646

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
Ahmed Aiesha $143,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Aiesha $708,130
Closed Ahmed Aiesha $708,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $143,000 -7.7% --
12/07/2020 12/07/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $155,000 -- --
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 $10,373 $404,400 $0 $0
2023 $9,850 $424,200 $0 $0
2022 $14,810 $316,600 $0 $0
2021 $6,332 $134,400 $0 $0
2020 $99 $60,000 $0 $0
2019 $154 $60,000 $0 $0
2018 $2,909 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20035467

Southwestern Michigan Association of REALTORS®

APN: 41-14-11-477-052