NOT LISTED FOR SALE

5303 Lake Rd Reading, MI 49274

Estimated Value: $268,000 - $323,006

2 Beds
2 Baths
1,424 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $159,900 $112 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,649/month

1 Day on Market

Highlights

  • Private Waterfront
  • Deck
  • Wood Flooring
  • Docks
  • Wooded Lot
  • Corner Lot: Yes

About This Home

As of November 2016

Exquisite well cared for lake house looking for a new owner. As soon as you see this property you will know it has been loved! You will be the benefactor of owning this 2 bedroom (possibly 3), 2 bath home on ''No Wake'' Berry Lake which is part of a 120 acre chain of 5 fishing lakes. The owners have meticulously cared for and put in place mechanical systems to insure peace of mind living at the lake. The large Master Suite has sizable windows with a great view of the lake. The Master bedroom also boast a walk-in closet. The large, open kitchen with island is spacious enough to handle family and friends who come to the lake.
Add the warmth and charm of the wood stove in the living room on chilly nights and you have a wonderful home to make those lake memories . #2 ID 3010125001012. may change following a closed transaction..

Last Agent to Sell the Property

Gretchen Oberdick

Key Realty One, LLC License #6505071877 Listed on: 10/04/2016

Last Buyer's Agent

Linda Greek

CENTURY 21 Affiliated License #6502347360

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • Private Waterfront
  • 70 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Decorative Fence
  • Corner Lot: Yes
  • Level Lot
  • Wooded Lot
  • Garden
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a lake
  • No Wake Zone
  • Docks
  • Deck
  • Patio
  • Shed
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Power Generator
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 112.29
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70x100 & 60x120
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1424.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1351.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Waterfront Options:Water Frontage3: 70.0
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Windows:BayBow: Yes
  • Landscape:Garden Area: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Decor Fence: Yes
  • Additional Items:GasWood Stove: Yes
  • Landscape:Flower Garden: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Owned: Yes
  • Additional Items:Generator: Yes
  • General Property Info:SqFt Above Grade: 1424.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, LP Tank Owned, Center Island, Eat-in Kitchen
  • Fireplace Features: Gas/Wood Stove, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1424.0
  • Window Features: Low-Emissivity Windows, Screens, Insulated Windows, Bay/Bow, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 159900.0
  • Lot Features: Corner Lot, Level, Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Berry Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Electric: Generator
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Available, Cable Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

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

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Dimensions: 70x100 & 60x120
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1351.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Nov 9, 2016
Sold by
Lovett Gretchen L
Bought by
Syllaba Gary W and Syllaba Kelly J
Seller's Agent
Gretchen Oberdick
Key Realty One, LLC
Buyer's Agent
Linda Greek
CENTURY 21 Affiliated
List Price
$165,000
Sold Price
$159,900
Premium/Discount to List
-$5,100
-3.09%
Current Estimated Value
$303,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,352
Avg. Annual Appreciation
7.29%
Original Mortgage
$148,752
Outstanding Balance
$119,610
Interest Rate
3.47%
Mortgage Type
VA
Estimated Equity
$183,642

Purchase Details

Closed on
Jan 23, 1998
Sold by
Lovett Gary J and Lovett Gretchen L
Bought by
Lovett, Gretchen L Trust

Purchase Details

Closed on
Apr 1, 1995
Sold by
Smith Donald J
Bought by
Lovett Gary J and Lovett Gretchen L

Purchase Details

Closed on
Feb 20, 1992
Sold by
Poniedzialek Edward F and Poniedzialek Linda J
Bought by
Smith Donald J

Purchase Details

Closed on
Mar 22, 1990
Sold by
Long Daniel L and Long June M
Bought by
Poniedzialek Edward F and Poniedzialek Linda J

Purchase Details

Closed on
Sep 23, 1989
Bought by
Long Daniel L

Purchase Details

Closed on
Feb 11, 1988
Sold by
Long Daniel L and Long June M
Bought by
Poniedzialek Edward F and Poniedzialek Linda J

Purchase Details

Closed on
Jun 27, 1986
Sold by
Tittle Olive L
Bought by
Long Daniel

Purchase Details

Closed on
Apr 19, 1983
Sold by
Aemisegger Letha
Bought by
Tittle Olive L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Syllaba Gary W $144,000 Midstate Title Agency Of Se
Lovett, Gretchen L Trust -- --
Lovett Gary J $41,500 --
Smith Donald J $34,000 --
Poniedzialek Edward F $24,900 --
Long Daniel L $22,000 --
Poniedzialek Edward F -- --
Long Daniel -- --
Tittle Olive L $1,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syllaba Gary W $148,752
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2016 11/23/16 Sold $159,900 -3.1% $112 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $165,000 -- $116 / Sq Ft
Source: MichRIC

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 $720 $99,900 $0 $0
2024 $702 $82,100 $0 $0
2023 $668 $78,200 $0 $0
2022 $1,499 $72,300 $0 $0
2021 $1,457 $71,100 $0 $0
2020 $1,446 $69,500 $0 $0
2019 $1,391 $60,700 $0 $0
2018 $1,327 $53,100 $0 $0
2017 $1,332 $54,100 $0 $0
2016 $2,067 $55,400 $0 $0
2015 $528 $55,400 $0 $0
2013 $512 $49,690 $0 $0
2012 $500 $49,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16003759

MichRIC

APN: 10-125-001-001