NOT LISTED FOR SALE

5112 E Manitou Way Unit 33 Newaygo, MI 49337

Estimated Value: $113,000 - $585,000

0.6 Acre
$737,632 Price per Acre
26,136 Sq Ft Lot

Last Sold June 16, 2017

Last sale price $50,000

Est. 785% increase in value since last sale

Current estimated payment $2,809/month

46 Days on Market

Highlights

  • Ski Accessible
  • Water Access
  • Wooded Lot
  • Beach
  • Clubhouse
  • Baseball Field

About This Lot

As of June 2017

The new waterfront community of Ottawa Pointe is located just 40 minutes from Grand Rapids on the beautiful 177 acre Pettit Lake. This stunning new development features over 100 acres of open space with miles of trails. There are 60 home sites, 41 waterfront, 19 non-waterfront. All non-waterfront properties will have a dock at the community dock area. Prices range from 39,900 - 59,900 on the non-waterfront lots and 69,900-149,900 on the waterfront. Mature wooded lots, rolling hills, beautiful!!

Last Agent to Sell the Property

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 04/10/2017

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: 04/10/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $350

Lot Details

  • 0.6 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

Location

  • Mineral Rights Excluded

Utilities

  • High Speed Internet
  • Phone Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal

Amenities

  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Waterfront Owned by Association
  • Beach
  • Baseball Field
  • Recreational Area
  • Water Sports
  • Ski Accessible
  • Water Access
  • Shared Waterfront

Property Details

Property Type

Land

Est. Annual Taxes

$350

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 160x205 irr
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 350.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Broadband: Yes
  • Lot Description:Rolling Hills: Yes
  • Mineral Rights:No: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 52900.0
  • Lot Features: Buildable, Cul-De-Sac, Recreational, Site Condo, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Water Body Name: Pettit Lake
  • Waterfront Features: All Sports, Assoc Access, Shared Frontage
  • Waterfront: No

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Baseball Diamond: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Skiing: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Size Sq Ft: 26136.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 350.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 16, 2017
Sold by
Pettit Lake Development
Bought by
Montroy Laurie E and Montroy Timothy V
Seller's Agent
Chris Ortwein
Lake & Land Realty LLC
Buyer's Agent
Chris Ortwein
Lake & Land Realty LLC
List Price
$52,900
Sold Price
$50,000
Premium/Discount to List
-$2,900
-5.48%
Current Estimated Value
$442,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,579
Avg. Annual Appreciation
30.95%
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
Montroy Laurie E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $50,000 -5.5% --
05/26/2017 05/26/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $52,900 -- --
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 $5,665 $247,100 $0 $0
2024 $30 $240,400 $0 $0
2023 $2,902 $225,400 $0 $0
2022 $5,032 $213,100 $0 $0
2021 $4,898 $201,900 $0 $0
2020 $4,946 $202,500 $0 $0
2019 $4,959 $185,500 $0 $0
2018 $7,836 $159,300 $0 $0
2017 $279 $18,800 $0 $0
2016 $275 $18,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17014941

Southwestern Michigan Association of REALTORS®

APN: 20-19-301-033