NOT LISTED FOR SALE

5554 Paradise Dr Reading, MI 49274

Estimated Value: $149,000 - $175,000

2 Beds
1 Bath
697 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $89,000 $128 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,010/month

384 Days on Market

Highlights

  • 65 Feet of Waterfront
  • 2 Car Detached Garage
  • Snack Bar or Counter
  • Docks
  • Living Room
  • Kitchen Island

About This Home

As of May 2017

Always a great day when you are at the LAKE!! Check out the open floor plan of this cottage or home. Loads of character from one end to the other. Start at the South end in a nifty kitchen w/ vintage sink, large bar and laminate floors. Then pass through the connecting living area to the bedrooms with vaulted ceilings and one of the bedrooms has a slider to the water side deck. New siding installed 04/2012, New shingles in 2009, New Furnace 2012 and Air in 2013. Tastefully decorated structure rests on 62 x 130 lot with beautiful pines, fenced yard and full length deck with a great view of the lake. Large 2 car plus garage with cement approach is perfect for your car, water toys or overflow extras. Directly across Paradise Dr. (a low traffic no outlet drive) (9003) is your lake front lot 65 x 139 where you can dock your boat at the L shaped dock. You can add a gazeebo and spend the day relaxing by the water's edge, go fishing or riding your pontoon on Loon Lake. Remember, don't let the Big One get away! Tour it soon!

Last Agent to Sell the Property

Linda Greek

CENTURY 21 Affiliated License #6502347360 Listed on: 02/26/2016

CENTURY 21 Affiliated

Last Buyer's Agent

Loretta Blank

Coldwell Banker Denny Groves License #6501357447

Coldwell Banker Denny Groves

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1950

Lot Details

  • 0.35 Acre Lot
  • 65 Feet of Waterfront
  • The property's road front is unimproved
  • Decorative Fence
  • Shrub

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 697 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Laminate Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Kitchen Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • No Wake Zone
  • Docks

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,831

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
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62x130 + 65x139
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 697.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1831.0
  • Waterfront Options:Water Access YN: No
  • 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
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Waterfront Options:Water Frontage3: 65.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Mineral Rights:No: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Decor Fence: Yes
  • General Property Info:SqFt Above Grade: 697.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Center Island
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 697.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99900.0
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Loon Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

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
  • Utilities: Phone Available, Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 62x130 + 65x139
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1831.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Madden Richard W and Madden Dawn L
Bought by
Madden Richard W and Madden Dawn L
Current Estimated Value
$164,424

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 5, 2017
Sold by
Dolch Ann L
Bought by
Madden Richard W and Madden Dawn L
Seller's Agent
Linda Greek
CENTURY 21 Affiliated
Buyer's Agent
Loretta Blank
Coldwell Banker Denny Groves
List Price
$109,900
Sold Price
$89,000
Premium/Discount to List
-$20,900
-19.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$68,000
Outstanding Balance
$56,751
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$107,673

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 12, 2017
Sold by
Robertson Nellie M and Booher Paul L
Bought by
Dolch Ann L
Seller's Agent
Linda Greek
CENTURY 21 Affiliated
Buyer's Agent
Loretta Blank
Coldwell Banker Denny Groves
List Price
$109,900
Sold Price
$89,000
Premium/Discount to List
-$20,900
-19.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$56,751
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$107,673

Purchase Details

Listed on
May 2, 2012
Closed on
Jul 8, 2013
Sold by
Sanchez Jason P and Sanchez Tamara
Bought by
Booher Paul L and Robertson Nellie M
Seller's Agent
Tracy Fitch
CENTURY 21 Affiliated
Buyer's Agent
Linda Greek
CENTURY 21 Affiliated
List Price
$94,900
Sold Price
$78,950
Premium/Discount to List
-$15,950
-16.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Apr 22, 2003
Sold by
Grocki Robert D and Grocki Gretchen E
Bought by
Sanchez Jason P and Sanchez Tamara

Purchase Details

Closed on
Jun 29, 2001
Sold by
Grocki Robert D and Grocki Gretchen E
Bought by
Sanchez Jason P and Sanchez Tamara
Source: Public Records

Range of Values:

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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
Madden Richard W -- None Available
Madden Richard W $89,000 Midstate Title Agency Of Sou
Dolch Ann L -- Midstate Title Agency
Booher Paul L $78,950 Midstate Title Agency
Sanchez Jason P $82,000 --
Sanchez Jason P $79,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Richard W $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2017 05/05/17 Sold $89,000 -19.0% $128 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
02/26/2016 02/26/16 For Sale $109,900 +39.2% $158 / Sq Ft
07/09/2013 07/09/13 Sold $78,950 -16.8% $113 / Sq Ft View Prior Sale
07/01/2013 07/01/13 Pending -- -- --
05/02/2012 05/02/12 For Sale $94,900 -- $136 / 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 $1,609 $59,700 $0 $0
2024 $399 $46,900 $0 $0
2023 $380 $44,300 $0 $0
2022 $1,435 $38,700 $0 $0
2021 $1,396 $37,900 $0 $0
2020 $1,391 $36,800 $0 $0
2019 $1,353 $33,000 $0 $0
2018 $1,301 $30,200 $0 $0
2017 $1,287 $30,900 $0 $0
2016 $1,275 $31,900 $0 $0
2015 $326 $31,900 $0 $0
2013 $315 $28,780 $0 $0
2012 $310 $28,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16007693

Southwestern Michigan Association of REALTORS®

APN: 10-135-001-017