NOT LISTED FOR SALE

5639 Morrison Lake Rd Saranac, MI 48881

Estimated Value: $399,000 - $595,000

3 Beds
2 Baths
1,856 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $196,800 $106 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,788/month

372 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Detached Garage
  • Patio
  • Fenced Yard
  • Bay Window
  • Snack Bar or Counter

About This Home

As of November 2012

Here is a great place to downsize to or be an empty nester. Built in 2007, This has fabulous living area with cathedral ceilings and floor to Ceiling windows, with wonderful views, setting high on the hill. Main floor master and main floor laundry. The garage is a man's dream space. 4+ car garage just steps from the home, this garage is double deep and would easily hold 8 cars. One guy who was inside the garage said its big enough to do donuts in. call for an appointment to see today!

Last Listed By

Amy Reedy

Reedy Realty LLC License #6502431362 Listed on: 10/13/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 2007

Lot Details

  • 5.15 Acre Lot
  • Fenced Yard

Parking

  • 4 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Bay Window
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Garage Type Detached: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Pantry
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk Out
  • LivingArea: 1856.0
  • Window Features: Insulated Windows, Bay/Bow
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Back, Patio
  • List Price: 229900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Paved
  • Garage:Garage2: Yes
  • Garage Type:_four_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.15
  • Lot Size Area: 5.15
  • Lot Dimensions: 313 x 583 x 422 x 308 x 205 x
  • Lot Size Sq Ft: 224334.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2011
Closed on
Nov 9, 2012
Sold by
Coastal Real Estate Holdings Llc
Bought by
Hartman David and Hartman Julie
Seller's Agent
Amy Reedy
Reedy Realty LLC
Buyer's Agent
Jacob Kenworthy
Epique Real Estate
List Price
$249,900
Sold Price
$196,800
Premium/Discount to List
-$53,100
-21.25%
Total Days on Market
372
Current Estimated Value
$485,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,260
Avg. Annual Appreciation
7.49%
Original Mortgage
$157,400
Outstanding Balance
$111,828
Interest Rate
3.31%
Mortgage Type
Credit Line Revolving
Estimated Equity
$373,232

Purchase Details

Closed on
Sep 27, 2011
Sold by
Macatawa Bank
Bought by
Coastal Real Estate Holdings Llc

Purchase Details

Closed on
Sep 9, 2010
Sold by
Vanvleck Gary
Bought by
Macatawa Bank

Purchase Details

Closed on
Apr 25, 2008
Sold by
Schuitema Brandon J and Schuitema Rebekah J
Bought by
Schuitema Brandon J and Schuitema Rebekah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

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Average Value
Not Available
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
Hartman David $196,800 Chicago Title
Hartman Julie $196,800 --
Coastal Real Estate Holdings Llc -- --
Macatawa Bank $189,609 --
Schuitema Brandon J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman David $157,400
Previous Owner Schuitema Brandon J $287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $196,800 -21.2% $106 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $249,900 -- $135 / 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
2024 $1,188 $216,600 $37,000 $179,600
2023 $1,133 $168,500 $26,200 $142,300
2022 $1,079 $168,500 $26,200 $142,300
2021 $2,943 $155,400 $19,900 $135,500
2020 $1,036 $155,400 $19,900 $135,500
2019 $964 $144,100 $18,700 $125,400
2018 $2,790 $117,300 $18,700 $98,600
2017 $973 $117,300 $18,700 $98,600
2016 $964 $109,200 $16,400 $92,800
2015 -- $109,200 $16,400 $92,800
2014 -- $94,200 $16,400 $77,800
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11055945

Southwestern Michigan Association of REALTORS®

APN: 020-014-000-105-16