NOT LISTED FOR SALE

5458 Ridge Dr Reading, MI 49274

Estimated Value: $137,000 - $258,000

1 Bed
1 Bath
768 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $139,000 $181 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $927/month

9 Days on Market

Highlights

  • Private Waterfront
  • Property fronts a channel
  • Living Room with Fireplace
  • Docks
  • Deck
  • Breakfast Area or Nook

About This Home

As of April 2023

Immaculate channel front, 1 bed, 1 bath home on Berry Lake. This move in ready, adorable home would make a beautiful vacation spot or use for year round living. With updated plumbing, electric, vinyl siding, standing seamed metal roof, means very little maintenance to allow you time to sit back and enjoy lake life. Nicely landscaped lawn, mature trees, flowers and flowering bushes, along with retaining wall and dock. Plenty of room for outside entertaining. Add in a small garage and two storage sheds, all that's left to do is bring your fishing pole! Welcome to the Lake!

Last Agent to Sell the Property

Rene' Spahr

Coldwell Banker Groves Real Estate License #6501425039 Listed on: 03/05/2023

Coldwell Banker Groves Real Estate

Last Buyer's Agent

Nonmember Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1968

Lot Details

  • 0.32 Acre Lot
  • Property fronts a channel
  • Private Waterfront
  • 129 Feet of Waterfront
  • The property's road front is unimproved
  • Shrub
  • Garden

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System

Community Details

  • Le O Am Shores 3 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,383

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 192.71
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 768.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1383.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Waterfront Options:Water Frontage3: 129.0
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: LE-O-AM SHORES 3
  • Roofing:Metal: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Owned: Yes
  • Heat Type:Space Heater: Yes
  • Water Type:Channel2: Yes
  • General Property Info:SqFt Above Grade: 768.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Range, Refrigerator, Water Softener Owned
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), LP Tank Owned
  • Fireplace Features: Living Room, Other
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 768.0
  • Window Features: Replacement, Insulated Windows
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Living: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 148000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Roof: Metal
  • Water Body Name: Berry Lake
  • Waterfront Features: Channel, Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Space Heater, Other
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

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

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 13874.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1383.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Apr 7, 2023
Sold by
Layher Thomas P and Layher Jennifer J
Bought by
Strazzulla Heather
Seller's Agent
Rene' Spahr
Coldwell Banker Groves Real Estate
Buyer's Agent
Nonmember Agent
Non Member
List Price
$148,000
Sold Price
$139,000
Premium/Discount to List
-$9,000
-6.08%
Views
34
Current Estimated Value
$171,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,967
Avg. Annual Appreciation
7.96%
Original Mortgage
$54,000
Outstanding Balance
$52,535
Interest Rate
6.73%
Estimated Equity
$119,432

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 24, 2018
Sold by
Mosley James and Mosley Janet L
Bought by
Layher Thomas P and Layher Jennifer J
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Mary Brandeberry
Coldwell Banker Groves Real Estate
List Price
$89,000
Sold Price
$76,000
Premium/Discount to List
-$13,000
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$68,400
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Strazzulla Heather $139,000 --
Layher Thomas P $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strazzulla Heather $54,000
Previous Owner Layher Thomas P $68,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $139,000 -6.1% $181 / Sq Ft
03/05/2023 03/05/23 For Sale $148,000 +94.7% $193 / Sq Ft
08/24/2018 08/24/18 Sold $76,000 -14.6% $99 / Sq Ft View Prior Sale
08/02/2018 08/02/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $89,000 -- $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 $448 $50,200 $0 $0
2024 $4 $39,800 $0 $0
2023 $366 $37,700 $0 $0
2022 $1,383 $34,400 $0 $0
2021 $799 $33,800 $0 $0
2020 $793 $32,900 $0 $0
2019 $763 $29,800 $0 $0
2018 $675 $27,000 $0 $0
2017 $653 $27,600 $0 $0
2016 $647 $29,400 $0 $0
2015 $287 $29,400 $0 $0
2013 $278 $27,580 $0 $0
2012 $271 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rene' Spahr

    Coldwell Banker Groves Real Estate

    (517) 607-6394

    162 Total Sales

    Rene' Spahr
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember Agent

    Non Member

  • Darin Spieth

    Seller's Agent in 2018

    Darin Spieth

    Spieth & Satow Auctions & Real Estate

    (517) 398-6060

    155 Total Sales

    Darin Spieth
    Section Image

  • M

    Buyer's Agent in 2018

    Mary Brandeberry

    Coldwell Banker Groves Real Estate

    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 23006398

MichRIC

APN: 10-190-001-002

Michigan Hillsdale County Reading 49274

5458 Ridge Dr, Reading, MI

Not Listed for Sale

Detached

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