NOT LISTED FOR SALE

5470 Ridge Dr Reading, MI 49274

Estimated Value: $149,000 - $171,032

4 Beds
1.5 Baths
896 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $66,800 $75 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $875/month

99 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Property fronts a channel
  • Recreation Room with Fireplace
  • Docks
  • Deck
  • Screened Porch

About This Home

As of October 2013

Channel front Cottage ( currently occupied year round ) located on a chain of 5 fishing lakes totaling 120 acres of water has 3 bedrooms and a loft area for additional sleeping space. You will appreciate the privacy this property offers and enjoy relaxing in the evening on the screened porch. There is even a cozy side deck if you prefer the sun! There is a full bath on the main floor and a 1/2 bath on the second floor. You have multiple heating options, Wall Furnace, smaller wall heater and a gas log stove,all propane, window A/C. Cement drive leads to asphalt parking and ramped entrance. Extra parking up top . 4 sheds for storage. Nice little garden spots. Channel front sea wall and decking - fish right from your property. Great getaway - call to schedule your time to tour today .This company makes no warranty about the contents of this data. It is the responsibility of all interested parties to satisfy themselves as to age, sizes, tax and homestead information.(7499)

Last Agent to Sell the Property

Tracy Fitch

CENTURY 21 Affiliated Listed on: 06/26/2013

CENTURY 21 Affiliated

Last Buyer's Agent

Gretchen Oberdick

Key Realty One, LLC License #6505071877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 117x126x95x153
  • Property fronts a channel
  • 95 Feet of Waterfront
  • The property's road front is unimproved
  • Shrub
  • Garden

Parking

  • Unpaved Driveway

Home Design

  • Cabin
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Garden Windows
  • Living Room
  • Recreation Room with Fireplace
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Outdoor Features

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

Location

  • Mineral Rights Excluded

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Wall Furnace
  • Propane
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Cabin
  • Stories: 2
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 78.01
  • General Property Info:Lot Dimensions: 117x126x95x153
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 896.0
  • General Property Info:Design: Cabin
  • Tax Info:Annual Property Tax: 750.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Heat Type:Wall Furnace: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Waterfront Options:Water Frontage3: 95.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Mineral Rights:No: Yes
  • Landscape:Garden Area: Yes
  • Roofing:Metal: Yes
  • Outbuildings:Storage Shed: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:LP Tank Owned: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • General Property Info:SqFt Above Grade: 896.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range
  • Accessibility Features: Ramped Entrance
  • Interior Amenities: Ceiling Fan(s), LP Tank Owned, Water Softener/Owned, Kitchen Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space, Slab
  • LivingArea: 896.0
  • Window Features: Garden Window(s)
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Rec Room: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch, Deck(s)
  • List Price: 69900.0
  • Lot Features: Recreational
  • Other Structures: Shed(s)
  • Road Surface Type: Unimproved
  • Roof: Composition, Metal
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • 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: 117x126x95x153
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 750.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Oct 11, 2013
Sold by
Wellington Merelanna Lee
Bought by
Warfield Marc
Seller's Agent
Tracy Fitch
CENTURY 21 Affiliated
Buyer's Agent
Gretchen Oberdick
Key Realty One, LLC
List Price
$69,900
Sold Price
$66,800
Premium/Discount to List
-$3,100
-4.43%
Current Estimated Value
$160,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,958
Avg. Annual Appreciation
7.46%
Original Mortgage
$63,460
Outstanding Balance
$47,685
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$113,073

Purchase Details

Closed on
May 5, 1989
Sold by
Goeltzenleuchter Louis R
Bought by
Wellington Merelanna Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warfield Marc $66,800 Midstate Title Agency Of Sou
Wellington Merelanna Lee $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warfield Marc $63,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $66,800 -4.4% $75 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $69,900 -- $78 / 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 $419 $59,800 $0 $0
2024 $408 $47,000 $0 $0
2023 $389 $44,400 $0 $0
2022 $872 $40,400 $0 $0
2021 $848 $39,600 $0 $0
2020 $842 $38,600 $0 $0
2019 $810 $34,700 $0 $0
2018 $772 $30,900 $0 $0
2017 $778 $31,600 $0 $0
2016 $779 $33,500 $0 $0
2015 $345 $33,500 $0 $0
2013 $321 $30,580 $0 $0
2012 $314 $30,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 13037500

MichRIC

APN: 10-190-001-004