NOT LISTED FOR SALE

5607 Ridge Dr Reading, MI 49274

Estimated Value: $420,000 - $523,000

3 Beds
2.5 Baths
2,352 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $350,000 $149 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,931/month

16 Days on Market

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Breakfast Area or Nook
  • Wooded Lot
  • Mud Room
  • Porch

About This Home

As of November 2020

Executive Estate Home located in the heart of Southern Michigan's land of lakes. Custom built with lots of extras. Raised oak cabinetry, newer painting, new roof, paved drive, newer A/C and even more upgrades to this well-maintained property. Wrap around porch provides comfortable outside living and entertaining. Waterfront lot is included to get to your private frontage on Paw Paw Lake. 30 x 40 heated workshop will be the envy of every man cave dreamer. This property is a definite head turner that will provide the quality living you deserve. LP tank is included. Large, 8-person hot tub is also included for relaxing anytime of the day or night. (8671)

Last Agent to Sell the Property

Desiree Thomas

Century 21 Affiliated License #6501323097 Listed on: 09/24/2020

Century 21 Affiliated

Last Buyer's Agent

Blake Jenkins

CENTURY 21 Affiliated License #6501405449

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 2001

Lot Details

  • 2.47 Acre Lot
  • Private Waterfront
  • 7 Feet of Waterfront
  • The property's road front is unimproved
  • Shrub
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Water Access
  • No Wake Zone
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Water Softener is Owned
  • Septic System
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2352.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3164.0
  • 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 Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Waterfront Options:Water Frontage3: 7.0
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Garden Area: Yes
  • Additional Items:GasWood Stove: Yes
  • Landscape:Flower Garden: Yes
  • Additional Items:LP Tank Owned: Yes
  • General Property Info:SqFt Above Grade: 2352.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener Owned
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, LP Tank Owned, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas/Wood Stove
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2352.0
  • Window Features: Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1512.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 359900.0
  • Lot Features: Level, Wooded
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: 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, Phone 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

Lot Info

  • Lot Size Acres: 2.47
  • Lot Size Area: 2.47
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 107593.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3164.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 20, 2020
Sold by
Smith Mark A and Smith Tammy S
Bought by
Shafer Troy
Seller's Agent
Desiree Thomas
Century 21 Affiliated
Buyer's Agent
Blake Jenkins
CENTURY 21 Affiliated
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$479,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,436
Avg. Annual Appreciation
6.67%
Original Mortgage
$332,500
Outstanding Balance
$295,878
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,558

Purchase Details

Listed on
Aug 16, 2017
Closed on
Aug 14, 2017
Sold by
Spieth Darin W
Bought by
Smith Mark A and Smith Tammy S
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
List Price
$298,000
Sold Price
$298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$238,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Rider Jeffrey D and Rider Tracy M
Bought by
Spieth Darin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2011
Sold by
Haylett Cheryl
Bought by
Spieth Darin W
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
Shafer Troy $350,000 Midstate Title Agency Llc
Smith Mark A $298,000 Attorney
Spieth Darin W $136,500 Attorney
Spieth Darin W -- Midstate Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Troy $332,500
Previous Owner Smith Mark A $238,400
Previous Owner Spieth Darin W $240,000
Previous Owner Spieth Darin W $228,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $350,000 -2.8% $149 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $359,900 +20.8% $153 / Sq Ft
08/16/2017 08/16/17 For Sale $298,000 0.0% $129 / Sq Ft
08/15/2017 08/15/17 Sold $298,000 -- $129 / Sq Ft View Prior Sale
06/18/2017 06/18/17 Pending -- -- --
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 $4,544 $226,800 $0 $0
2024 $1,869 $181,500 $0 $0
2023 $1,781 $173,600 $0 $0
2022 $3,993 $154,600 $0 $0
2021 $3,920 $151,100 $0 $0
2020 $3,298 $149,200 $0 $0
2019 $3,173 $130,000 $0 $0
2018 $3,025 $121,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20039971

Southwestern Michigan Association of REALTORS®

APN: 10-215-001-031