$44,000
SOLD OCT 1, 2015

4940 Lofting Dr NE Belmont, MI 49306

1.6 Acres
$27,500 Price per Acre
69,696 Sq Ft Lot

Recently Sold

25% Below List Price

118 Days on Market

Highlights

  • 1.6 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Cannonsburg Elementary School Rated A-

About This Lot

As of June 2022

Located in prestigious Sophie’s Ridge, 4940 Lofting Dr. (Lot 16) is a prime building site that offers a wooded setting with 1.6 acres. The site offers a variety of hardwoods and building possibilities. The lot sits high in the development and will offer expansive views when cleared for construction. Lofting Dr. was recently resurfaced and is in new condition. Located in the award winning Rockford Schools, this community offers natural gas.

Last Agent to Sell the Property

Alan Moore

Keller Williams GR North (Main) License #6506047763 Listed on: 05/21/2015

Keller Williams GR North (Main)

Last Buyer's Agent

Alan Moore

Keller Williams GR North (Main) License #6506047763 Listed on: 05/21/2015

Keller Williams GR North (Main)

Property Details

Property Type

  • Land

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 521 x 267.50
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned PUD, PUD

Utilities

  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 521 x 267.50
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1471.0
  • Tax Info:Zoning3: PUD
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Util Avail at Street:Cable2: Yes
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 59000.0
  • Lot Features: Buildable, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Assoc Amenities:Other25: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Size Acres: 1.6
  • Lot Size Area: 1.6
  • Lot Size Sq Ft: 69696.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1471.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 10, 2022
Sold by
Phillips Duane L and Phillips Lisa
Bought by
Nathaniel Steven and Nathaniel Heather
Seller's Agent
Alan Moore
Keller Williams GR North (Main)
Buyer's Agent
Sara Lewis
Century 21 Affiliated (GR)
List Price
$589,900
Sold Price
$545,000
Premium/Discount to List
-$44,900
-7.61%
Current Estimated Value
$698,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,019
Avg. Annual Appreciation
8.15%
Original Mortgage
$455,000
Outstanding Balance
$434,160
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$263,859

Purchase Details

Listed on
Aug 23, 2017
Closed on
Mar 16, 2018
Sold by
Devaries Ed
Bought by
Phillips Duane L and Phillips Lisa A
Seller's Agent
Tim Cox
Coldwell Banker Schmidt Realtors
Buyer's Agent
Alan Moore
Keller Williams GR North (Main)
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$240,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2017
Sold by
Anderson Trevor
Bought by
Devries Ed

Purchase Details

Listed on
May 21, 2015
Closed on
Oct 1, 2015
Sold by
Scanlan Roger C and Dou Kimberly D
Bought by
Anderson Trevor
Seller's Agent
Alan Moore
Keller Williams GR North (Main)
Buyer's Agent
Alan Moore
Keller Williams GR North (Main)
List Price
$59,000
Sold Price
$44,000
Premium/Discount to List
-$15,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.36%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Lighthart Luxury Homes Inc
Bought by
Scanlan Roger C and Dou Kimberly D

Purchase Details

Closed on
Jan 23, 2001
Sold by
Gamak Llc
Bought by
Lighthart Luxury Homes Inc
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $545,000 None Listed On Document
Warranty Deed $375,000 Chicago Title Of Michigan In
Warranty Deed $49,900 None Available
Warranty Deed $44,000 None Available
Warranty Deed $76,900 Metropolitan Title Company
Warranty Deed $439,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Previous Owner $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $545,000 -3.5% $180 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $564,900 -4.2% $186 / Sq Ft
03/30/2022 03/30/22 For Sale $589,900 +57.3% $194 / Sq Ft
03/16/2018 03/16/18 Sold $375,000 0.0% $173 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
08/23/2017 08/23/17 For Sale $375,000 +752.3% $173 / Sq Ft
10/01/2015 10/01/15 Sold $44,000 -25.4% --
09/16/2015 09/16/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $59,000 -- --
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
2025 $5,472 $313,000 $0 $0
2024 $5,472 $273,500 $0 $0
2023 $5,235 $243,700 $0 $0
2022 $6,160 $199,300 $0 $0
2021 $5,921 $188,300 $0 $0
2020 $3,797 $175,400 $0 $0
2019 $5,420 $170,400 $0 $0
2018 $6,005 $182,300 $37,500 $144,800
2017 $1,884 $37,500 $0 $0
2016 $1,865 $37,500 $0 $0
2015 -- $37,500 $0 $0
2013 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Moore

    Seller's Agent in 2022

    Alan Moore

    Keller Williams GR North (Main)

    (616) 560-5400

    31 in this area

    82 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Sara Lewis

    Century 21 Affiliated (GR)

    (610) 996-0808

    4 in this area

    96 Total Sales

    Section Image

  • T

    Seller's Agent in 2018

    Tim Cox

    Coldwell Banker Schmidt Realtors

    (616) 240-4440

    2 in this area

    40 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15025563

Southwestern Michigan Association of REALTORS®

APN: 41-11-29-126-016

Michigan Kent County Belmont 49306

4940 Lofting Dr NE, Belmont, MI

This home is located at 4940 Lofting Dr NE, Belmont, MI 49306 and is currently priced at $44,000. 4940 Lofting Dr NE is a home located in Kent County with nearby schools including Cannonsburg Elementary School, East Rockford Middle School, and Rockford High School.

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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