NOT LISTED FOR SALE

5672 S Rapids Rd Branch, MI 49402

Estimated Value: $280,000 - $328,000

2 Beds
1.5 Baths
1,200 Sq Ft
$250/Sq Ft Est. Value

Last Sold February 02, 2016

Last sale price $149,000 $124 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,971/month

234 Days on Market

Highlights

  • Private Waterfront
  • Cul-De-Sac
  • Shed
  • Deck
  • Eat-In Kitchen
  • Central Air

About This Home

As of February 2016

MOTIVATED SELLER! GREAT NORTHERN RETREAT WITH 110 FT OF FRONTAGE ON THE PERE MARQUETTE-BIG SOUTH BRANCH!Cottage is approximately 30 ft from the river's edge, easy access to the river & a large deck overlooking the PM. Built in 2005, this spacious 2 bedroom 1.5 bath boasts main floor laundry room, open living, dining, kitchen with high ceilings & 2nd bedroom in loft. Efficient geothermal heating system & air conditioning - quality built & well insulated, 200 amp service, transfer switch for generator use, Pella windows & large slider opening to the deck on the river side. Great for watching wildlife & a commanding view of the river's bend. The PM River is a designated Wild & Scenic River. Beauty & nature abounds-great fishing, canoeing, kayaking, tubing & relaxing. Come see for yourself

Last Listed By

Ingrid Wadel

LIGHTHOUSE REALTY-Ludington License #6501296695 Listed on: 03/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 2005

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 69x209x110x236
  • Private Waterfront
  • 110 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned Recreational Re, Recreational Re

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Unpaved Driveway

Home Design

  • Cabin
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck
  • Shed
  • Storage Shed

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 2005

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1200.0
  • Window Features: Insulated Windows, Window Treatments
  • Basement Rooms:Total Basement SQFT: 960.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 164900.0
  • Lot Features: Cul-De-Sac
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Pere Marquette S Br
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Cable Available
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Other
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 100.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:View: Yes

Fee Information

  • Association Fee Includes: Other, Snow Removal

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Dimensions: 69x209x110x236
  • Lot Size Sq Ft: 23087.0
  • Zoning Description: Recreational Re
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1874.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Feb 2, 2016
Sold by
Griffith Danny J and Griffith Sharon A
Bought by
Chase Carold R and Chase Janice A
Seller's Agent
Ingrid Wadel
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Ingrid Wadel
LIGHTHOUSE REALTY-Ludington
List Price
$179,900
Sold Price
$149,000
Premium/Discount to List
-$30,900
-17.18%
Total Days on Market
234
Current Estimated Value
$300,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,012
Avg. Annual Appreciation
9.02%
Original Mortgage
$119,200
Outstanding Balance
$97,321
Interest Rate
3.97%
Estimated Equity
$234,147

Purchase Details

Closed on
Aug 1, 2003

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
Chase Carold R $149,000 Lighthouse Title Inc
-- $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Carold R $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2016 02/02/16 Sold $149,000 -17.2% $124 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $179,900 -- $150 / 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 -- $142,400 $142,400 $0
2023 -- $103,500 $103,500 $0
2022 -- $93,100 $0 $0
2021 -- $81,500 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15009708

Southwestern Michigan Association of REALTORS®

APN: 008-300-064-00