NOT LISTED FOR SALE

5375 Paradise Dr Reading, MI 49274

Estimated Value: $190,000 - $291,000

5 Beds
2 Baths
1,464 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $165,000 $113 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,222/month

19 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • 2 Car Detached Garage
  • Docks
  • Screened Porch
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Welcome to Paradise! LAKEFRONT living on a 5 Lake chain w/ GREAT FISHING!
Bring the whole family to the lake and enjoy your 5br 2 ba year round home. Reverse floor plan allows the maximum relaxation looking over the lake and then head upstairs when it's time hit the hay.
Lakeside deck with screened porch, nice patio, large storage shed, brand new furnace with a/c and the dock is included in the sale.
There is a nice 2 car garage with plenty of room for parking and a nice open space on the back lot.
Would make a GREAT summer rental property,Home Share, or Airbnb.

Last Agent to Sell the Property

Ron Aemisegger

RE/MAX Preferred Realty License #6502384830 Listed on: 06/09/2019

RE/MAX Preferred Realty

Last Buyer's Agent

Karen Foust

CENTURY 21 Affiliated License #6506048648

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Private Waterfront
  • 45 Feet of Waterfront
  • The property's road front is unimproved
  • Decorative Fence

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Screened Porch
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,443

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: 195.02
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x151x75x146 + 66x130x87x142
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1464.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1443.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Waterfront Options:Water Frontage3: 45.0
  • Driveway:Unpaved: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Decor Fence: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 864.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: LP Tank Rented, Pantry
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 1464.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 600.0
  • Basement Rooms:Total Basement SQFT: 864.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Below Grade Sq Ft: 600.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch
  • List Price: 168500.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Bobby Allen Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 100.0
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 45x151x75x146 + 66x130x87x142
  • Lot Size Sq Ft: 18538.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1443.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Jul 30, 2019
Sold by
Ford Sara
Bought by
Smith Richard L and Smith Lori L
Seller's Agent
Ron Aemisegger
RE/MAX Preferred Realty
Buyer's Agent
Karen Foust
CENTURY 21 Affiliated
List Price
$168,500
Sold Price
$165,000
Premium/Discount to List
-$3,500
-2.08%
Current Estimated Value
$223,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,515
Avg. Annual Appreciation
4.80%
Original Mortgage
$132,000
Outstanding Balance
$115,679
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$107,836

Purchase Details

Closed on
May 21, 2018
Sold by
Ford Sara
Bought by
Ford Sara

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 30, 2017
Sold by
Walker Daniel R and Garcia Walker Esmeralda
Bought by
Ford Sara
Seller's Agent
Tracy Fitch
CENTURY 21 Affiliated
Buyer's Agent
Nonmember Agent
Non Member
List Price
$122,500
Sold Price
$122,000
Premium/Discount to List
-$500
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 29, 2017
Sold by
Walker Daniel R and Garcia Walker Esmeralda
Bought by
Ford Sara
Seller's Agent
Tracy Fitch
CENTURY 21 Affiliated
Buyer's Agent
Nonmember Agent
Non Member
List Price
$122,500
Sold Price
$122,000
Premium/Discount to List
-$500
-0.41%

Purchase Details

Closed on
Dec 22, 2006
Sold by
Skiba Mary Jane
Bought by
Walker Daniel R and Garcia Walker Esmeralda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Richard L $165,000 Midstate Title Agency Llc
Ford Sara -- None Available
Ford Sara -- Attorney
Ford Sara $122,000 Midstate Title Agency Of Se
Walker Daniel R $120,000 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Richard L $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2019 07/30/19 Sold $165,000 -2.1% $113 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $168,500 +38.1% $115 / Sq Ft
04/03/2017 04/03/17 Sold $122,000 -0.4% $116 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $122,500 -- $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 $775 $88,200 $0 $0
2024 $8 $72,600 $0 $0
2023 $720 $69,400 $0 $0
2022 $1,614 $62,500 $0 $0
2021 $1,583 $61,500 $0 $0
2020 $1,571 $60,200 $0 $0
2019 $1,341 $52,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19025874

MichRIC

APN: 10-135-001-076