NOT LISTED FOR SALE

3952 Balsam Waters Dr NE Unit 4 Grand Rapids, MI 49525

Estimated Value: $772,789 - $940,000

0.35 Acre
$2,429,134 Price per Acre
15,246 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $85,000

Est. 900% increase in value since last sale

Current estimated payment $5,514/month

22 Days on Market

About This Lot

As of September 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. Mosaic's 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 "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: 07/30/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $168

Year Built

  • 2020

Lot Details

  • 0.35 Acre Lot
  • 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

$168

Year Built

2020

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): 2020

Exterior Features

  • List Price: 85000.0
  • Lot Features: Buildable, Cleared, Sidewalk, Wooded
  • Road Surface Type: Paved
  • Waterfront Features: Dock
  • Waterfront: No

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Other

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Sq Ft: 15246.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 168.5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 4, 2020
Sold by
Balsam Waters Llc
Bought by
Stinson Bradley and Stinson Fawne
Seller's Agent
Jamieson Dutot
Mosaic Properties, Inc.
Buyer's Agent
Jamieson Dutot
Mosaic Properties, Inc.
List Price
$72,000
Sold Price
$85,000
Premium/Discount to List
$13,000
18.06%
Total Days on Market
22
Current Estimated Value
$850,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,197
Avg. Annual Appreciation
63.06%
Original Mortgage
$623,109
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2019
Closed on
Jul 31, 2020
Sold by
Balsam Waters Llc
Bought by
Stinson Bradley and Stinson Fawne
Seller's Agent
Jamieson Dutot
Mosaic Properties, Inc.
Buyer's Agent
Jamieson Dutot
Mosaic Properties, Inc.
List Price
$72,000
Sold Price
$85,000
Premium/Discount to List
$13,000
18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,109
Interest Rate
3.1%
Mortgage Type
New Conventional

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
Stinson Bradley $82,000 None Listed On Document
Stinson Bradley $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stinson Bradley D $694,000
Closed Stinson Bradley $623,109
Closed Stinson Bradley $623,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $85,000 +18.1% --
08/21/2019 08/21/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $72,000 -- --
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 $9,058 $407,200 $0 $0
2023 $6,495 $400,600 $0 $0
2022 $8,698 $297,400 $0 $0
2021 $5,665 $191,800 $0 $0
2020 $94 $45,000 $0 $0
2019 $180 $45,000 $0 $0
2018 $169 $45,000 $0 $0
2017 $167 $45,000 $0 $0
2016 $163 $45,000 $0 $0
2015 -- $45,000 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jamieson Dutot

    Mosaic Properties, Inc.

    (616) 514-9256

    34 in this area

    59 Total Sales

    Jamieson Dutot
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19036021

Southwestern Michigan Association of REALTORS®

APN: 41-14-11-477-004

Michigan Kent County Grand Rapids 49525

3952 Balsam Waters Dr NE Unit 4, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 3952 Balsam Waters Dr NE Unit 4, Grand Rapids, MI 49525 since 30 July 2019 and is currently estimated at $850,197. This property was built in 2020. 3952 Balsam Waters Dr NE Unit 4 is a home located in Kent County with nearby schools including Knapp Forest Elementary School, Eastern High School, and Knapp Charter Academy.

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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