NOT LISTED FOR SALE

5548 Ridge Dr Reading, MI 49274

Estimated Value: $224,000 - $257,000

2 Beds
1 Bath
1,248 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $115,000 $92 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,558/month

126 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Water Softener is Owned
  • Docks
  • Living Room
  • Ceiling Fan

About This Home

As of September 2014

A beauty of a waterfront home with 152' of frontage and FEATURES A BRAND NEW PRICE! This property has just about the best sandy beach you could ever want! Sand castles and children of all ages are meant to connect for a summer of fun at this property that could very easily be called home. Nice sized lot for entertaining but not too big that it will interfere with you and that fishing pole. This 2 bedroom, 1 bath home has a design that just fits. Very workable kitchen with snack bar for quaint lunches and dining room for the formal sit down meals. French doors from there taking you to your 21x12 4 season room. Casual living at its best! Imagine windows open, the breeze, the evening sunset and No Bugs! A beautiful room, newly updated and full of new pella windows. Many good times just waiti

Last Agent to Sell the Property

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697 Listed on: 04/29/2014

Last Buyer's Agent

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697 Listed on: 04/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,389

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Private Waterfront
  • The property's road front is unimproved

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • No Wake Zone
  • Docks

Utilities

  • Heating System Powered By Leased Propane
  • Well
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,389

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Hot Tub Spa, LP Tank Rented, Water Softener/Owned
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1248.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Home Warranty: Yes
  • List Price: 139900.0
  • Lot Features: Wooded
  • Other Structures: Other
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Popple Lake
  • Waterfront Features: Dock, No Wake, Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Telephone Line
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Sep 30, 2014
Sold by
Bechtel Roy R and Bechtel Jane A
Bought by
The Janice K Leatherman Revocable Living
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Current Estimated Value
$239,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,785
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Jun 15, 1991
Sold by
Gasper Alan G and Gasper Jennifer
Bought by
Bechtel Roy R and Bechtel Jane A

Purchase Details

Closed on
Apr 29, 1988
Sold by
Spieker Rita M
Bought by
Gasper Alan G

Purchase Details

Closed on
May 20, 1981
Sold by
Spieker John K
Bought by
Spieker Rita M

Purchase Details

Closed on
Dec 22, 1977
Sold by
Heisler Raymond and Heisler Evelyn
Bought by
Spieker John K and Spieker Rita M

Purchase Details

Closed on
Nov 14, 1977
Sold by
Aemisegger Owen and Aemisegger Letha
Bought by
Heisler Raymond M and Heisler Evelyn M
Source: Public Records

Range of Values:

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Average Value
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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
The Janice K Leatherman Revocable Living $115,000 None Available
Bechtel Roy R $61,000 --
Gasper Alan G $38,000 --
Spieker Rita M -- --
Spieker John K $29,900 --
Heisler Raymond M $5,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $115,000 -23.3% $92 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $149,900 -- $120 / 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 $3,389 $111,100 $0 $0
2024 $840 $92,700 $0 $0
2023 $801 $88,900 $0 $0
2022 $3,022 $83,200 $0 $0
2021 $2,940 $82,100 $0 $0
2020 $2,930 $80,500 $0 $0
2019 $2,850 $69,000 $0 $0
2018 $2,741 $63,600 $0 $0
2017 $2,765 $64,700 $0 $0
2016 $2,834 $66,100 $0 $0
2015 $724 $66,100 $0 $0
2013 $587 $65,140 $0 $0
2012 $573 $64,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14020930

Southwestern Michigan Association of REALTORS®

APN: 10-190-001-032