5362 Balsam Hill Ct SE Unit 6 Grand Rapids, MI 49546
Forest Hills NeighborhoodEstimated Value: $943,227 - $1,074,000
3
Beds
2.5
Baths
3,819
Sq Ft
$367/mo
HOA Fee
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 2021A 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
JH Realty Partners License #6502100009 Listed on: 08/10/2021
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
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%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,807
Avg. Annual Appreciation
5.22%
Original Mortgage
$410,000
Outstanding Balance
$379,515
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$599,293
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
Similar Homes in Grand Rapids, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Russell David | $332,850 | |
| Previous Owner | Russell David M | $368,800 | |
| Previous Owner | Russell David | $417,000 | |
| Previous Owner | Russell David M | $100,000 | |
| Previous Owner | Russell David | $459,000 | |
| Previous Owner | Russell David | $463,500 | |
| Previous Owner | Russell David | $57,900 | |
| Closed | Ware Scott D | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $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
6 in this area
29 Total Sales
-
Kevin Mccarty
Buyer's Agent in 2021
Kevin Mccarty
Greenridge Realty (EGR)
(616) 481-7085
11 in this area
151 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21099507
APN: 41-15-31-471-006
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