NOT LISTED FOR SALE

5358 Balsam Hill Ct SE Unit 5 Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $757,000 - $1,114,000

3 Beds
3.5 Baths
3,507 Sq Ft
$367/mo HOA Fee

Last Sold August 18, 2021

Last sale price $795,000 $227 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,515/month

2 Days on Market

Highlights

  • Home Theater
  • Wooded Lot
  • Wood Flooring
  • Ada Elementary School Rated A
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of August 2021

Rare resale opportunity on one of the nicest free-standing condos in Balsam Hill, a charming European village-like community. This luxury home was the model unit for Mosaic Development. No expense was spared in fit, finish & materials. Features: open floor plan, spacious rooms, huge front porch + two brick patios for outdoor living; very private wooded site w/rare extra parking behind garage; designer kitchen w/huge island, granite counter tops, professional appliances & pantry; main floor master suite w/soaking tub, double vanity & custom walk-in closet; living room w/soaring ceiling, custom gas fireplace & furniture-quality built-ins; quiet sunroom overlooking private backyard + a cozy den/library. Upstairs you'll find two bedrooms, full bath, addt'l storage & bonus room. The lower level is a wonderful place to entertain w/huge family room, full bath & media room/home gym. Balsam Hill is convenient to the bike path, shopping, dining, airport, expressways & downtown Grand Rapids. Private showings will not be permitted until after 12:00 PM on 08/05/2021.

Last Agent to Sell the Property

Ken Grashuis

Greenridge Realty (EGR) License #6501185090 Listed on: 08/04/2021

Last Buyer's Agent

Ami Giusti

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,421

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Private Entrance
  • Shrub
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Siding
  • Stucco

Interior Spaces

  • 3,507 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • $125 HOA Transfer Fee
  • Balsam Hill Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,421

Year Built

Built in 2002

Lot Details

0

HOA Fees

$367 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3507.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 10421.0
  • Tax Info:Zoning3: R2 PUD
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Mineral Rights:No: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: Balsam Hill
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Appliances:Built in Oven: Yes
  • General Property Info:SqFt Above Grade: 2848.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built in Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Broadband, Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight, Full
  • LivingArea: 3507.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Cook Top: Yes

Exterior Features

  • Construction Materials: HardiPlank Type, Stucco
  • List Price: 795000.0
  • Lot Features: Sidewalk, Wooded, Cul-De-Sac
  • Patio and Porch Features: Patio, Porch(es)
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:HardPlankCement Board: Yes
  • Exterior Material:Stucco: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 1100.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1100.0
  • Association Info:Assoc Buy in Fee: 125
  • Association Info:Assoc Fee Payable: Quarterly
  • General Property Info:Association Contact: Gerow Mgmt
  • Assoc Amenities:Pets Allowed2: Yes

Fee Information

  • Association Fee Includes: Other, Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R2 PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10421.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Growney Rene
Bought by
Bukrey Charles D and Bukrey Julie P
Current Estimated Value
$977,622

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 16, 2021
Sold by
Moore Timothy E
Bought by
Growney Rene
Seller's Agent
Ken Grashuis
Greenridge Realty (EGR)
Buyer's Agent
Ami Giusti
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 6, 2017
Sold by
Demeester Thomas A
Bought by
Moore Timothy E
Seller's Agent
Hugh Griffith
Keller Williams GR East
Buyer's Agent
Tanya Craig
Keller Williams GR East
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$424,100
Interest Rate
3.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2004
Sold by
Balsam Hill Llc
Bought by
Demeester Thomas A and Demeester Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Bukrey Charles D $930,000 Chicago Title
Growney Rene $795,000 Chicago Title Of Mi Inc
Moore Timothy E $665,000 Grand Rapids Title Co Llc
Demeester Thomas A $500,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Timothy E $424,100
Previous Owner Demeester Thomas A $52,000
Previous Owner Demeester Thomas A $36,797
Previous Owner Demeester Thomas A $508,250
Previous Owner Demeester Thomas A $375,000
Closed Demeester Thomas A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $795,000 0.0% $227 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $795,000 +19.5% $227 / Sq Ft
12/06/2017 12/06/17 Sold $665,000 -1.5% $178 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $675,000 -- $181 / 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 $11,278 $398,600 $0 $0
2024 $11,278 $379,500 $0 $0
2023 $18,141 $372,500 $0 $0
2022 $17,651 $355,900 $0 $0
2021 $10,370 $330,900 $0 $0
2020 $9,764 $332,900 $0 $0
2019 $6,535 $316,400 $0 $0
2018 $15,641 $315,000 $0 $0
2017 $6,775 $253,600 $0 $0
2016 $6,535 $231,900 $0 $0
2015 -- $231,900 $0 $0
2013 -- $226,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21098492

Southwestern Michigan Association of REALTORS®

APN: 41-15-31-471-005