NOT LISTED FOR SALE

5563 Paradise Dr Reading, MI 49274

Estimated Value: $363,000 - $442,000

5 Beds
2.5 Baths
3,024 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $185,000 $61 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,370/month

134 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Wooded Lot
  • Docks
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of January 2018

Check out this modern contemporary beauty with many surprises, AND A GREAT NEW PRICE!!! Property sets on Loon Lake with 52.12' of water front, private road, quiet neighborhood, and mature landscaping to include wrought iron fencing that is surrounded by gorgeous perennial flowers to present a very welcoming appearance. Home offers 5 bedrooms, 2 full baths, 1/2 bath that boasts a nice 3.5x7.5 size. Cozy living room with great lighting and serene views of the lake. Kitchen w/high end appliances to include cambra quartz countertop, cherry kemper cabinets to make any chef feel right at home! Spiral stairway to lower end with family room, dining room, another full kitchen that will surely be the hub of the home for those days spent out by the lake! This company makes no warranty or representation about the contents of this data. It is the responsibility of those looking to satisfy themselves as to accuracy. Taxes could change for the buyer after a closed transaction.

Last Agent to Sell the Property

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697 Listed on: 08/18/2017

Last Buyer's Agent

Darin Spieth

Spieth & Satow Auctions & Real Estate License #6501348697 Listed on: 08/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 2011

Lot Details

  • 6,969 Sq Ft Lot
  • Lot Dimensions are 66x137.85x52.12
  • Private Waterfront
  • 52 Feet of Waterfront
  • The property's road front is unimproved
  • Decorative Fence
  • Shrub
  • Wooded Lot
  • Garden

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • No Wake Zone
  • Docks
  • Deck
  • Porch

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 2011

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 1
  • Year Built: 2011
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66X137.85X52.12
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3024.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1632.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • 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
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 52.12
  • Driveway:Unpaved: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Mineral Rights:No: Yes
  • Landscape:Decor Fence: Yes
  • Landscape:Flower Garden: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1512.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, LP Tank Rented, Center Island, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • LivingArea: 3024.0
  • Window Features: Low-Emissivity Windows, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Porch(es)
  • 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
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Connected
  • Water Source: Well
  • Water Well: 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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 66X137.85X52.12
  • Lot Size Sq Ft: 6969.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1632.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Jan 30, 2018
Sold by
Sterett Tom and Sterett Thomas
Bought by
Mcclure Michael T and Mcclure Kitti L
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
List Price
$249,000
Sold Price
$185,000
Premium/Discount to List
-$64,000
-25.7%
Current Estimated Value
$394,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,184
Avg. Annual Appreciation
10.35%
Original Mortgage
$175,750
Outstanding Balance
$99,780
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$294,404

Purchase Details

Closed on
Sep 11, 2007
Sold by
Sterett Tawney and Barnwell Tawney
Bought by
Sterett Tom and Sterett Tawney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2003
Sold by
Hoover Mary J
Bought by
Barnwell Tawney

Purchase Details

Closed on
Oct 13, 1999
Sold by
Weber Jeanne
Bought by
Hoover David T and Hoover Mary J
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
Mcclure Michael T $185,000 None Available
Sterett Tom -- Title Express Agency
Barnwell Tawney $94,000 --
Hoover David T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure Michael T $175,750
Previous Owner Sterett Tom $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $185,000 -25.7% $61 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $249,000 -- $82 / 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 $3,265 $177,800 $0 $0
2024 $1,343 $140,700 $0 $0
2023 $1,280 $133,100 $0 $0
2022 $2,870 $121,500 $0 $0
2021 $2,790 $119,300 $0 $0
2020 $2,769 $118,200 $0 $0
2019 $2,664 $104,100 $0 $0
2018 $1,696 $67,900 $0 $0
2017 $1,663 $69,200 $0 $0
2016 $1,649 $70,900 $0 $0
2015 $731 $70,900 $0 $0
2013 $708 $64,640 $0 $0
2012 $695 $63,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17041968

Southwestern Michigan Association of REALTORS®

APN: 10-135-001-025