$75,000
SOLD FEB 13, 2017

5245 Forest River Way Kalamazoo, MI 49009

1.58 Acres
$47,468 Price per Acre
68,825 Sq Ft Lot

Recently Sold

5% Below List Price

2,202 Days on Market

Highlights

  • Private Waterfront
  • Community Lake
  • Cul-De-Sac
  • 1.58 Acre Lot
  • Wooded Lot
  • High Speed Internet

About This Lot

As of August 2020

One of two lots left in this beautiful development of higher end homes. Rockwood Lake is owned by the association and can be used for sailing, motor boats, jet skis, and such. At one time, Western utilized the lake for their ski club and even had a ski ramp out there. If fishing is more your style, understand the bass is good. The parcel is located on a cul-de-sac road that is publicly maintained. There is curb/gutter, underground gas, electric, cable, phone, and city water. Lot was perked about 7 or 8 years ago and will easily take a septic system. This wooded lot could be kept natural or easily cleared to put in the home of your dreams. Perfect for a walk out design. Ten minutes to downtown or five to US 131. What an opportunity!

Last Agent to Sell the Property

Holly Hollett

Chuck Jaqua, REALTOR License #6501313259 Listed on: 01/26/2011

Chuck Jaqua, REALTOR

Last Buyer's Agent

David Roberts

Keller Williams Kalamazoo Market Center License #6501170926

Keller Williams Kalamazoo Market Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $330

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 73x252x160x443x54x267x202
  • Private Waterfront
  • 54 Feet of Waterfront
  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned RR, RR

Location

  • Mineral Rights

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Community Lake

Recreation

  • Water Sports
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$330

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 73x252x160x443x54X267X202
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 330.0
  • Tax Info:Zoning3: RR
  • 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 Water: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Telephone: Yes
  • Waterfront Options:Water Frontage3: 54.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Mineral Rights:Yes: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 79000.0
  • Lot Features: Site Condo, Buildable, Cul-De-Sac, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Rockwood Lake
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Utilities

  • Utilities: None Connected, Phone Available, Storm Sewer Available, Public Water Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available

Condo/Co-op/Association

  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 1.58
  • Lot Size Area: 1.58
  • Lot Dimensions: 73x252x160x443x54X267X202
  • Lot Size Sq Ft: 69000.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 330.0
  • Tax Year: 2015

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%
Current Estimated Value
$734,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,229
Avg. Annual Appreciation
5.07%
Original Mortgage
$405,000
Outstanding Balance
$293,777
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$478,626

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

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 Type Sale Price Title Company
Warranty Deed $605,000 Devon Title Co
Warranty Deed $75,000 Ask Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Previous Owner $539,549 Construction
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
2025 $2,927 $325,200 $0 $0
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: 11005221

Southwestern Michigan Association of REALTORS®

APN: 05-01-225-012