NOT LISTED FOR SALE

5540 Alhambra Dr SE Unit 18 Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $755,000 - $838,000

3 Beds
2.5 Baths
3,252 Sq Ft
$617/mo HOA Fee

Last Sold July 20, 2023

Last sale price $730,000 $224 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,564/month

1 Day on Market

Highlights

  • On Golf Course
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Ada Elementary School Rated A
  • Deck
  • Porch

About This Home

As of July 2023

Welcome to 5540 Alhambra Drive SE, nestled in the highly sought-after Watermark Country Club community with breathtaking views of the 12th fairway. Don't miss the rare opportunity to own a highly sought after Watermark Club Home. Prepare to be captivated by this extraordinary property, boasting remarkable features and an enviable location. This elegant home offers three bedrooms and two and a half baths, providing ample space for your comfort and convenience. The open layout creates an inviting atmosphere that caters to your every lifestyle need.

Indulge in the well-designed kitchen, showcasing sleek modern lines, attractive finishes, and a convenient bar seating area. Prepare meals with ease while savoring the contemporary aesthetics of this culinary haven. Unwind in the tranquility of the main floor primary suite, where you can retreat and relax by the cozy fireplace. Additional main floor features include a welcoming fireplace family room, a cozy sunroom, a convenient laundry room, and a private den/office, offering versatile spaces to suit your preferences.

The walk-out lower level expands the living space with two additional bedrooms, a full bath, a wet bar for entertaining, a private office/flex room (possible 4th bedroom with the addition of a closet), and a spacious rec room. Enjoy the warmth and charm of the fireplace family room on this lower level as well. Embrace a lifestyle of luxury, comfort, and relaxation as you immerse yourself in a vibrant community that offers a wide range of recreational activities.

Experience the convenience of on-site amenities, including restaurants, a newly renovated pool and gym, a golf range, and scenic walking paths. Delight in the true essence of Watermark Country Club living.

Don't miss the opportunity to own this exquisite home at 5540 Alhambra Drive SE, where luxury and leisure seamlessly converge. Schedule a viewing today and envision yourself living in this exceptional residence, surrounded by stunning views and a thriving community.

Last Agent to Sell the Property

Ami Giusti

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) Listed on: 07/06/2023

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Last Buyer's Agent

John Postma

RE/MAX Of Grand Rapids License #114085

RE/MAX Of Grand Rapids

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,169

Year Built

  • Built in 2001

Lot Details

  • On Golf Course
  • Shrub
  • Terraced Lot
  • Sprinkler System

HOA Fees

  • $617 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,252 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Log Fireplace
  • Window Treatments
  • Window Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bedroom
  • Doors are 36 inches wide or more

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • Association Phone (616) 464-3460
  • Watermark Club Homes Condos
  • Watermark Subdivision

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,169

Year Built

Built in 2001

Lot Details

0

HOA Fees

$617 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Accessibility Features: 36 Inch Entrance Door, Accessible Mn Flr Bedroom, Covered Entrance
  • Interior Amenities: Garage Door Opener, Wet Bar, Kitchen Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Primary Bedroom, Living, Family
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk Out
  • LivingArea: 3252.0
  • Window Features: Screens, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Fireplace:Primary Bedroom: Yes

Exterior Features

  • Construction Materials: Wood Siding, Stucco
  • List Price: 725000.0
  • Lot Features: Golf Community, Golf Course Frontage, Sidewalk
  • Other Structures: High-Speed Internet
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Asphalt, Driveway
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 1850.0
  • Association Fee Frequency: Quarterly
  • Association Phone: 616-464-3460
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1850.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Quarterly
  • General Property Info:Association Contact: John Clark President
  • Assoc Amenities:Pets Allowed2: Yes
  • Association Info:Association Phone: 616-464-3460

Fee Information

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 153.1x50.74x4.37x168.47x67
  • Lot Size Sq Ft: 11456.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7169.0
  • Tax Year: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Koenes Michael and Koenes Maxine
Bought by
Koenes Michael and Koenes Maxine
Total Days on Market
1
Current Estimated Value
$781,891

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 20, 2023
Sold by
Kozikowski Valerie and Kozikowski David
Bought by
Koenes Michael and Koenes Maxine
Seller's Agent
Ami Giusti
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Kozikowski Valerie and Hemmings David
Bought by
Kozikowski Valerie and Hemmings David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,420
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2001
Sold by
Watermark Country Club Ltd Partnership
Bought by
Kozikowski Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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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
Koenes Michael -- None Listed On Document
Koenes Michael $730,000 Chicago Title
Kozikowski Valerie -- Servicelink
Kozikowski Valerie $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kozikowski Valerie $311,420
Previous Owner Hemmings David J $342,400
Previous Owner Kozikowski Valerie $368,000
Previous Owner Kozikowski Valerie $50,000
Previous Owner Kozikowski Valerie $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $730,000 +0.7% $224 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $725,000 -- $223 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $6,930 $351,800 $0 $0
2024 $6,930 $331,200 $0 $0
2023 $7,407 $285,900 $0 $0
2022 $7,167 $261,100 $0 $0
2021 $6,994 $271,700 $0 $0
2020 $4,723 $273,800 $0 $0
2019 $6,854 $263,100 $0 $0
2018 $6,854 $253,300 $0 $0
2017 $6,828 $223,800 $0 $0
2016 $6,590 $221,500 $0 $0
2015 -- $221,500 $0 $0
2013 -- $197,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23023685

Southwestern Michigan Association of REALTORS®

APN: 41-19-07-202-018