NOT LISTED FOR SALE

5362 Balsam Hill Ct SE Unit 6 Grand Rapids, MI 49546

Estimated Value: $948,965 - $1,077,000

3 Beds
2.5 Baths
3,819 Sq Ft
$367/mo HOA Fee

Last Sold September 20, 2021

Last sale price $810,000 $212 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,457/month

15 Days on Market

Highlights

  • Living Room with Fireplace
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Ada Elementary School Rated A
  • Cul-De-Sac
  • Home Security System

About This Home

As of September 2021

A magnificent condo in an impressive, quaint community of only 25 homes nestled on a secluded cul-de-sac. High-end, open concept custom built home by Tom Montsma, featuring 3 bedrooms, bonus room above garage, and 3-season screened in porch with a very private, wooded view. Main level master suite with walk-in closet and luxurious bath. Custom built-ins surrounding 2 fireplaces & large kitchen island great for entertaining. Rec room in the lower level plus a workout area with full-length mirror. Meticulously maintained home with newer mechanicals and full house generator. Finished lower level with lots of windows. HOA includes maintaining driveway, lawn, snow, trash, & grounds care. This house is in a great location by all the shops, restaurants, and schools that Ada/Cascade has to offer.

Last Agent to Sell the Property

James Heglund

JH Realty Partners License #6502100009 Listed on: 08/10/2021

Last Buyer's Agent

Kevin Mccarty

Greenridge Realty (EGR)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,665

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Private Entrance
  • Shrub
  • Sprinkler System
  • Garden

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • HardiePlank Siding

Interior Spaces

  • 3,819 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Balsam Hill Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,665

Year Built

Built in 2004

Lot Details

0

HOA Fees

$367 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2004
  • 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: 3819.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 10665.0
  • Tax Info:Zoning3: R2 PUD
  • Heat Type:Forced 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: 2.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Flower Garden: 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: 2284.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Security Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built in Oven, Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 3819.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: HardiPlank Type
  • Exterior Features: Scrn Porch
  • List Price: 825000.0
  • Lot Features: Cul-De-Sac
  • Patio and Porch Features: 3 Season Room
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • 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: 0
  • Association Info:Assoc Fee Payable: Quarterly

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: R2 PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10665.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 20, 2021
Sold by
Laurie A Russell Family Trust
Bought by
Ware Scott D and Ware Jennifer R
Seller's Agent
James Heglund
JH Realty Partners
Buyer's Agent
Kevin Mccarty
Greenridge Realty (EGR)
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Current Estimated Value
$1,017,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,241
Avg. Annual Appreciation
5.70%
Original Mortgage
$410,000
Outstanding Balance
$373,069
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$644,172

Purchase Details

Closed on
Apr 20, 2020
Sold by
Russell David M
Bought by
Russell David M and Pasi Geralyn M

Purchase Details

Closed on
Jan 5, 2018
Sold by
Russell David and Russell Laurie
Bought by
Russell David M and Russell Laurie A

Purchase Details

Closed on
Jun 23, 2004
Sold by
Balsam Hill Llc
Bought by
Russell David and Russell Laurie
Source: Public Records

Range of Values:

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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
Ware Scott D $810,000 First American Title
Russell David M -- None Available
Russell David M -- None Available
Russell David M -- None Available
Russell David $80,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ware Scott D $410,000
Closed Ware Scott D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $810,000 -1.8% $212 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $825,000 -- $216 / 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 $8,747 $438,300 $0 $0
2024 $8,747 $422,200 $0 $0
2023 $12,861 $412,700 $0 $0
2022 $12,457 $390,100 $0 $0
2021 $10,898 $363,500 $0 $0
2020 $5,652 $366,200 $0 $0
2019 $7,719 $344,100 $0 $0
2018 $8,028 $333,700 $0 $0
2017 $8,002 $288,100 $0 $0
2016 $7,719 $274,200 $0 $0
2015 -- $274,200 $0 $0
2013 -- $268,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Heglund

    Seller's Agent in 2021

    James Heglund

    JH Realty Partners

    (616) 942-7055

    8 in this area

    29 Total Sales

    James Heglund
    Section Image
  • Kevin Mccarty

    Buyer's Agent in 2021

    Kevin Mccarty

    Greenridge Realty (EGR)

    (616) 481-7085

    10 in this area

    140 Total Sales

    Kevin Mccarty
    Section Image
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Map

Source: MichRIC

MLS Number: 21099507

MichRIC

APN: 41-15-31-471-006

Michigan Kent County Grand Rapids 49546

5362 Balsam Hill Ct SE Unit 6, Grand Rapids, MI

Not Listed for Sale

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