NOT LISTED FOR SALE

5245 Forest River Way Kalamazoo, MI 49009

Estimated Value: $702,459 - $866,000

5 Beds
4.5 Baths
3,810 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $605,000 $159 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,663/month

62 Days on Market

Highlights

  • 54 Feet of Waterfront
  • Deck
  • Wood Flooring
  • 1.58 Acre Lot
  • Living Room with Fireplace
  • Main Floor Bedroom

About This Home

As of August 2020

Stunning custom built ranch home w/ frontage on Rockwood lake! This 2 yr old home features an abundance of charm, character, & upgraded features! Welcoming front foyer w/ gorgeous hardwood floors throughout. Easy access to main flr den. If you love to entertain you'll love the gourmet kitchen overlooking into the great room featuring tray ceiling w/ crown molding & beautiful stone gas frpl. The kitchen is highlighted by hickory cabinetry, granite counters, large center island w/ snack bar, tile backsplash, w/in pantry, & SS appl. Spacious dining room w/ access to outdoor covered composite deck. Lovely sun room w/ cathedral ceiling & access to back patio. Huge mud rm/laundry. Main flr master suite w/ full bath offering heated floors, large tile shower & double vanity w/ granite counters. Also additional 2nd bd w/ private full bath on main level. Don't miss out on the amazing finished lower level w/out! Perfect for entertaining, visiting friends or family, or just need that extra space to get away for peace and quiet! Spacious rec room w/ gas frpl and separate pool table/game room. Additional 3 bedrooms w/ daylight windows, 2 full baths w/ granite counters plus an additional laundry area. Great storage! Extra features include 3 car insulated garage with access to pull down attic storage, generac generator, firepit area, recessed lighting on exterior of home, beautiful landscaping, and trail leading to water frontage. BONUS - Seller will pay $1,000 buy in fee at closing! No additional HOA fees!

Last Agent to Sell the Property

Lisa Faber

Chuck Jaqua, REALTOR License #6501279549 Listed on: 05/10/2020

Chuck Jaqua, REALTOR

Last Buyer's Agent

Lisa Faber

Century 21 Welty-Farrell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,901

Year Built

  • Built in 2018

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 70 x 979
  • 54 Feet of Waterfront
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • Water Access
  • No Wake Zone
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,901

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 2018
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Accessibility Features: Accessible Mn Flr Bedroom
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Generator, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Daylight, Full, Walk-Out Access
  • LivingArea: 3810.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Rec Room: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • List Price: 625000.0
  • Lot Features: Cul-De-Sac
  • Patio and Porch Features: Deck, Patio
  • Roof: Composition
  • Water Body Name: Rockwood Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Public

Association/Amenities

  • Association Info:Assoc Buy in Fee: $1,000
  • Water Fea Amenities:No Wake: Yes

Lot Info

  • Lot Size Acres: 1.58
  • Lot Size Area: 1.58
  • Lot Dimensions: 70 x 979
  • Lot Size Sq Ft: 68999.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8901.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Aug 25, 2020
Sold by
Penn Jason A and Baldes Penn Noelle
Bought by
Seiler Gregory A and Seiler Dawn Marie
Seller's Agent
Lisa Faber
Chuck Jaqua, REALTOR
Buyer's Agent
Lisa Faber
Chuck Jaqua, REALTOR
List Price
$650,000
Sold Price
$605,000
Premium/Discount to List
-$45,000
-6.92%
Total Days on Market
62
Current Estimated Value
$787,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,153
Avg. Annual Appreciation
4.28%
Original Mortgage
$405,000
Outstanding Balance
$299,934
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$439,333

Purchase Details

Listed on
Jan 26, 2011
Closed on
Feb 10, 2017
Sold by
Gates William P and Gates Suzanne
Bought by
Penn Jason A and Blades Penn Noelle M
Seller's Agent
Holly Hollett
Chuck Jaqua, REALTOR
Buyer's Agent
David Roberts
Keller Williams Kalamazoo Market Center
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.66%
Source: Public Records

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Range of Values:

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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
Seiler Gregory A $605,000 Devon Title Co
Penn Jason A $75,000 Ask Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seiler Gregory A $405,000
Previous Owner Penn Jason $539,549
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $605,000 -6.9% $159 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
05/10/2020 05/10/20 For Sale $650,000 +766.7% $171 / Sq Ft
02/13/2017 02/13/17 Sold $75,000 -5.1% --
02/05/2017 02/05/17 Pending -- -- --
01/26/2011 01/26/11 For Sale $79,000 -- --
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 $2,927 $309,300 $0 $0
2023 $2,791 $276,200 $0 $0
2022 $11,129 $247,500 $0 $0
2021 $10,638 $239,800 $0 $0
2020 $9,384 $229,800 $0 $0
2019 $8,899 $214,600 $0 $0
2018 $726 $17,500 $0 $0
2017 $0 $17,500 $0 $0
2016 -- $10,400 $0 $0
2015 -- $10,400 $10,400 $0
2014 -- $10,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20015377

Southwestern Michigan Association of REALTORS®

APN: 05-01-225-012