NOT LISTED FOR SALE

508 E Exchange St Spring Lake, MI 49456

Estimated Value: $305,684 - $333,000

3 Beds
1 Bath
1,760 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $254,900 $145 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,274/month

6 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Spring Lake High School Rated A-
  • Porch
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2022

Super cute 3-bedroom home in the Village of Spring Lake! Walk to schools, restaurants and exciting new businesses downtown. This home features a spacious living room with hardwood floors and an updated kitchen and bath. The upper floor bedroom was recently remodeled and has lots of storage areas. You'll love the sunny enclosed front porch and the fenced in backyard. Finished rec room in the basement. New furnace in 2021.

Last Agent to Sell the Property

Vicky Stewart

Coldwell Banker Woodland Schmidt License #6501221714 Listed on: 07/01/2022

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Eddie Alexander

Five Star Real Estate

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61 x 112
  • Shrub
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,884

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1937
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 61 x 112
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1760.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2884.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • General Property Info:SqFt Above Grade: 1330.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1760.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 254900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 61 x 112
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2884.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 4, 2022
Sold by
Vipond and Jenna
Bought by
Stratton Caleb and Stratton Samantha
Seller's Agent
Vicky Stewart
Coldwell Banker Woodland Schmidt
Buyer's Agent
Eddie Alexander
Five Star Real Estate
List Price
$254,900
Sold Price
$254,900
Current Estimated Value
$316,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,771
Avg. Annual Appreciation
7.08%
Original Mortgage
$203,900
Outstanding Balance
$195,394
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$121,277

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jun 30, 2022
Sold by
Richard D And Arlene J Hammond Trust and Hammond Michael B
Bought by
Coopersville Holdings Llc
Seller's Agent
Vicky Stewart
Coldwell Banker Woodland Schmidt
Buyer's Agent
Eddie Alexander
Five Star Real Estate
List Price
$254,900
Sold Price
$254,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,900
Outstanding Balance
$195,394
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$121,277

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 29, 2018
Sold by
Minnerick Jeffrey W and Minnerick Michelle L
Bought by
Vipond Blake and Vipond Jenna
Seller's Agent
Terry Rutherford
Greenridge Realty
Buyer's Agent
Vicky Stewart
Coldwell Banker Woodland Schmidt
List Price
$154,900
Sold Price
$158,000
Premium/Discount to List
$3,100
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$15,326
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2017
Sold by
Minnerick Jeffrey W and Minnerick Michelle L
Bought by
Minnerick Michelle L and Minnerick Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Stratton Caleb $254,900 Chicago Title
Coopersville Holdings Llc -- None Listed On Document
Vipond Blake $158,000 Sun Title Agency Of Michigan
Minnerick Michelle L -- National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stratton Caleb $203,900
Previous Owner Vipond Blake $15,326
Previous Owner Minnerick Michelle L $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2022 08/04/22 Sold $254,900 0.0% $145 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $254,900 +61.3% $145 / Sq Ft
05/29/2018 05/29/18 Sold $158,000 +2.0% $90 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $154,900 -- $88 / Sq Ft
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 $7,052 $121,500 $0 $0
2024 $6,180 $123,600 $0 $0
2023 $5,894 $113,500 $0 $0
2022 $2,910 $93,900 $0 $0
2021 $2,811 $89,000 $0 $0
2020 $2,811 $75,800 $0 $0
2019 $2,775 $67,600 $0 $0
2018 $2,210 $64,900 $15,200 $49,700
2017 $1,582 $64,400 $0 $0
2016 $1,573 $61,100 $0 $0
2015 -- $57,500 $0 $0
2014 -- $53,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22027333

Southwestern Michigan Association of REALTORS®

APN: 70-03-15-482-002