NOT LISTED FOR SALE

5120 Riverside Rd Coloma, MI 49038

Estimated Value: $84,000 - $94,000

5 Acres
$17,855 Price per Acre
217,800 Sq Ft Lot

Last Sold October 04, 2021

Last sale price $75,000

Est. 19% increase in value since last sale

Current estimated payment $527/month

8 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Wooded Lot

About This Lot

As of October 2021

Imagine owning five, wooded acres on a large private pond just ten minutes from downtown St. Joe. Enjoy that 'up north feeling' on this secluded setting with over 300 feet on the pond, a primitive kayak launch, a 500 foot private road into the woods, a firepit, hunting blind, ATV/snowmobile trails, and a forest that provides home to deer and other wildlife. There is also a 50x30 crushed concrete pad and another 35x16 pad for future development. Whether you are looking for private hunting grounds, want to enjoy your own serene getaway , or want to build that dream home in the woods ; this peaceful setting provides endless ways to enjoy the wonders of nature.

Last Listed By

Gretchen Volkenstein

@properties Christie's International R.E. License #6501406474 Listed on: 08/11/2021

@properties Christie's International R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $193

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 282x694x346x678
  • Home fronts a pond
  • Private Waterfront
  • 346 Feet of Waterfront
  • Wooded Lot
  • Finished Lot(s)

Property Views

  • Water Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Recreational Area
  • Water Access
  • No Wake Zone

Property Details

Property Type

Land

Est. Annual Taxes

$193

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 75000.0
  • Lot Features: Buildable, Recreational, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Pond
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Utilities: Phone Available, None

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes

Lot Info

  • Current Use: Recreational, Hunting
  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Dimensions: 282x694x346x678
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 193.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 4, 2021
Sold by
Kruggel Joel
Bought by
Huff Zachary
Seller's Agent
Gretchen Volkenstein
@properties Christie's International R.E.
Buyer's Agent
Robert Schmidt
Century 21 Affiliated
List Price
$69,500
Sold Price
$75,000
Premium/Discount to List
$5,500
7.91%
Total Days on Market
8
Current Estimated Value
$89,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,273
Avg. Annual Appreciation
4.89%
Original Mortgage
$63,750
Outstanding Balance
$18,976
Interest Rate
2.8%
Mortgage Type
Balloon
Estimated Equity
$70,297

Purchase Details

Listed on
Feb 14, 2021
Closed on
Feb 25, 2021
Sold by
301 State Street Llc
Bought by
Kruggel Joel
Seller's Agent
Wendy Ryder
Coldwell Banker Woodland Schmidt
Buyer's Agent
Gretchen Volkenstein
@properties Christie's International R.E.
List Price
$35,000
Sold Price
$39,000
Premium/Discount to List
$4,000
11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.12%

Purchase Details

Listed on
Oct 6, 2009
Closed on
Dec 5, 2012
Sold by
Cannova Harvey C
Bought by
301 State Street Llc
Seller's Agent
Chris Marzke
@properties Christie's International R.E.
Buyer's Agent
Wendy Ryder
Crawford Group Sothebys Int'l
List Price
$35,000
Sold Price
$12,500
Premium/Discount to List
-$22,500
-64.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Closed on
Nov 11, 2009
Sold by
Cannova Carmen
Bought by
Cannova Harvey C

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
Huff Zachary $75,000 Chicago Title Of Mi Inc
Kruggel Joel $39,000 Fidelity National Title Co
301 State Street Llc $12,500 Lawyers Title
Cannova Harvey C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huff Zachary $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $75,000 +7.9% --
08/11/2021 08/11/21 For Sale $69,500 +78.2% --
02/25/2021 02/25/21 Sold $39,000 +11.4% --
02/16/2021 02/16/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $35,000 +180.0% --
12/11/2012 12/11/12 Sold $12,500 -64.3% --
12/11/2012 12/11/12 Pending -- -- --
10/06/2009 10/06/09 For Sale $35,000 -- --
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 $340 $31,300 $0 $0
2023 $353 $32,500 $0 $0
2022 $343 $31,500 $0 $0
2021 $754 $31,500 $31,500 $0
2020 $744 $25,000 $0 $0
2019 $735 $25,000 $0 $0
2018 $717 $24,000 $0 $0
2017 $678 $21,500 $0 $0
2016 $667 $16,300 $0 $0
2015 $812 $20,000 $0 $0
2014 $218 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21099855

Southwestern Michigan Association of REALTORS®

APN: 11-10-0014-0010-03-0