NOT LISTED FOR SALE

5109 E Manitou Way Unit 15 Newaygo, MI 49337

Estimated Value: $441,000 - $646,000

0.3 Acre
$1,862,923 Price per Acre
13,068 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $120,000

Est. 366% increase in value since last sale

Current estimated payment $3,754/month

106 Days on Market

About This Lot

As of March 2020

A beautiful view of Pettit Lake and low bank sandy beach frontage make this lot one of the very first sold at Ottawa Pointe. It is now available again and will not last long! This lot is also available with the house next door at 5095 E Manitou Way for a large double lot. Have a family member next door, or add on to the garage on the house!

The waterfront community of Ottawa Pointe is located just 40 minutes from Grand Rapids on the beautiful 177 acre Pettit Lake. This stunning development features over 100 acres of dedicated open space with miles of trails.

Last Agent to Sell the Property

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 10/17/2019

Co-Listed By

Kimberly Edwards

Lake & Land Realty LLC License #6501389455

Last Buyer's Agent

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 10/17/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,500

Lot Details

  • 0.3 Acre Lot
  • Private Waterfront
  • Cul-De-Sac
  • Cleared Lot
  • Finished Lot(s)

HOA Fees

  • $42 Monthly HOA Fees

Community Details

Overview

  • Association fees include sewer, snow removal

Recreation

  • Water Sports

Property Details

Property Type

Land

Est. Annual Taxes

$1,500

Lot Details

0

HOA Fees

$42 per month

Listing Details

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

Exterior Features

  • List Price: 123900.0
  • Lot Features: Buildable, Cleared, Cul-De-Sac, Site Condo, Wooded
  • Road Surface Type: Paved
  • Topography: {"Low Bank":true,"Rolling Hills":true}
  • Water Body Name: Pettit Lake
  • Waterfront Features: All Sports, Deeded Access, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Semi Annual
  • Association: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Mar 2, 2020
Sold by
Buurma Roger G
Bought by
Donovan Brian J and Donovan Patricia A
Seller's Agent
Chris Ortwein
Lake & Land Realty LLC
Buyer's Agent
Chris Ortwein
Lake & Land Realty LLC
List Price
$123,900
Sold Price
$120,000
Premium/Discount to List
-$3,900
-3.15%
Current Estimated Value
$558,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,877
Avg. Annual Appreciation
31.68%

Purchase Details

Closed on
Aug 11, 2017
Sold by
Krist Laura M and Krist Stephen J
Bought by
Pettit Lake Development
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 Buyer Sale Price Title Company
Donovan Brian J $120,000 --
Pettit Lake Development -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $120,000 -3.1% --
01/31/2020 01/31/20 Pending -- -- --
10/17/2019 10/17/19 For Sale $123,900 +11.1% --
08/01/2018 08/01/18 Sold $111,500 -9.3% --
06/08/2018 06/08/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $122,900 +11.8% --
09/24/2015 09/24/15 Sold $109,900 -4.4% --
08/21/2015 08/21/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $114,900 -- --
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 $9,121 $336,300 $0 $0
2024 $49 $314,500 $0 $0
2023 $4,672 $294,800 $0 $0
2022 $10,484 $226,100 $0 $0
2021 $2,820 $60,100 $0 $0
2020 $2,469 $55,300 $0 $0
2019 $1,538 $50,600 $0 $0
2018 $2,489 $50,600 $0 $0
2017 $2,493 $50,600 $0 $0
2016 $2,476 $50,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19048891

Southwestern Michigan Association of REALTORS®

APN: 20-19-301-015