NOT LISTED FOR SALE

517 E Exchange St Spring Lake, MI 49456

Estimated Value: $269,000 - $432,000

3 Beds
1.5 Baths
1,819 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $262,000 $144 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,334/month

42 Days on Market

Highlights

  • Sun or Florida Room
  • 1 Car Attached Garage
  • Living Room
  • Spring Lake High School Rated A-
  • Patio
  • Kitchen Island

About This Home

As of September 2020

Tastefully updated 3 bedroom, 2 bathroom home in the Village of Spring Lake. This home is a rare find for this location. Just about everything has been updated inside and outside with a modern beach design. The main floor features an open concept layout with a massive master bedroom boasting a walk-in closet. Downstairs there's an additional living space and 2 bedrooms. Outside the current owners added extensive landscape and underground sprinkling. The Village of Spring Lake is a town on the rise, and this home is in the heart of all the new exciting action. A short distance to shopping, dining, churches, and schools.

Last Agent to Sell the Property

Jess Garrison

Coldwell Banker Woodland Schmidt Grand Haven License #6501367881 Listed on: 07/20/2020

Coldwell Banker Woodland Schmidt Grand Haven

Last Buyer's Agent

Paige Tober

BlueWest Properties, LLC License #6501402490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x160
  • Terraced Lot
  • Sprinkler System
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Laminate Flooring
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,568

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Bi-Level
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55x160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1819.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2568.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • Landscape:Terraced Yard: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1041.0
  • General Property Info Garage YN: Yes
  • Flooring:Laminate Floor: Yes
  • Architectural Style:Bi-Level: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Center Island
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Daylight
  • LivingArea: 1819.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 778.0
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 778.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 284900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: 3 Season Room, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 55x160
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2568.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 28, 2020
Sold by
Bauer Erika K
Bought by
Beighley Nathaniel
Seller's Agent
Jess Garrison
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Paige Tober
BlueWest Properties, LLC
List Price
$299,900
Sold Price
$262,000
Premium/Discount to List
-$37,900
-12.64%
Current Estimated Value
$376,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,403
Avg. Annual Appreciation
7.52%

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jul 18, 2017
Sold by
Lotus Redeaux Llc
Bought by
Bauer Erika K
Seller's Agent
Cheryl Palmer-Subka
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Jess Garrison
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$220,000
Sold Price
$216,000
Premium/Discount to List
-$4,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$172,800
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 11, 2016
Sold by
Raguse Timothy P and Raguse Raquel
Bought by
Lotus Redeaux Llc
Seller's Agent
Carrie Ruiter
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Cheryl Palmer-Subka
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$85,000
Sold Price
$72,500
Premium/Discount to List
-$12,500
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
398.00%

Purchase Details

Listed on
Oct 24, 2013
Closed on
Jan 3, 2014
Sold by
Raguse Timothy P
Bought by
Aseltine Christopher Allen and Aseltine Nicole Elizabeth
Seller's Agent
Carrie Ruiter
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Carrie Ruiter
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.27%

Purchase Details

Closed on
Sep 19, 2003
Sold by
Lincoln Mary L
Bought by
Raguse Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2003
Sold by
Deleon David
Bought by
Lincoln Mary L
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
Beighley Nathaniel $282,000 Chicago Title Of Mi Inc
Bauer Erika K $216,000 Chicago Title
Lotus Redeaux Llc $72,500 Chicago Title Of Michigan
Aseltine Christopher Allen -- None Available
Raguse Timothy P -- Harbor Title
Lincoln Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauer Erika K $172,800
Previous Owner Raguse Timothy P $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $262,000 -12.6% $144 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $299,900 +38.8% $165 / Sq Ft
07/18/2017 07/18/17 Sold $216,000 -1.8% $113 / Sq Ft View Prior Sale
06/20/2017 06/20/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $220,000 +203.4% $115 / Sq Ft
11/11/2016 11/11/16 Sold $72,500 -14.7% $71 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $85,000 -5.5% $83 / Sq Ft
01/07/2014 01/07/14 Sold $89,900 0.0% $88 / Sq Ft View Prior Sale
12/30/2013 12/30/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $89,900 -- $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 $3,965 $114,200 $0 $0
2024 $3,257 $116,100 $0 $0
2023 $3,108 $107,000 $0 $0
2022 $3,537 $89,400 $0 $0
2021 $4,960 $84,900 $0 $0
2020 $2,589 $72,600 $0 $0
2019 $2,555 $64,200 $0 $0
2018 $2,427 $60,800 $15,900 $44,900
2017 $2,466 $53,000 $0 $0
2016 $1,395 $50,000 $0 $0
2015 -- $47,500 $0 $0
2014 -- $44,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028379

Southwestern Michigan Association of REALTORS®

APN: 70-03-15-480-018