NOT LISTED FOR SALE

5690 7 Mile Rd NE Belmont, MI 49306

Estimated Value: $1,235,000 - $2,203,423

31 Acres
$55,458 Price per Acre
1,350,360 Sq Ft Lot

Last Sold June 30, 2016

Last sale price $285,000

Est. 503% increase in value since last sale

Current estimated payment $10,332/month

252 Days on Market

Highlights

  • 31 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Crestwood Elementary School Rated A-

About This Lot

As of June 2016

31 acres of beautiful wooded land just 5 minutes east off Northland Drive and paved road. Close to Boulder Creek Golf Course. Splits available per township.

Last Agent to Sell the Property

Charles Hart

Coldwell Banker Schmidt Realtors License #6501274701 Listed on: 08/24/2015

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Leigh Smith

Keller Williams Realty Rivertown License #6506046272

Keller Williams Realty Rivertown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,333

Lot Details

  • 31 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RR, RR

Property Details

Property Type

Land

Est. Annual Taxes

$1,333

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 140XIRR
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1333.0
  • Tax Info:Zoning3: RR
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 299900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 31.0
  • Lot Size Area: 31.0
  • Lot Size Sq Ft: 1350360.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1333.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Sold by
Loy Norma Jean and Loy Norma Jean
Bought by
Ostrowski John A
Current Estimated Value
$1,719,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,272,000
Outstanding Balance
$1,052,355
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$590,018

Purchase Details

Listed on
Aug 24, 2015
Closed on
Jun 30, 2016
Sold by
Loy Norma Jean and The Norma Jean Gray Revocable
Bought by
Ostrowski John
Seller's Agent
Charles Hart
Coldwell Banker Schmidt Realtors
Buyer's Agent
Leigh Smith
Keller Williams Realty Rivertown
List Price
$349,900
Sold Price
$285,000
Premium/Discount to List
-$64,900
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.97%
Source: Public Records

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
Ostrowski John A $285,000 None Available
Ostrowski John -- Dba Title Resource Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostrowski John $124,200
Open Ostrowski John A $1,272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $285,000 -18.5% --
05/02/2016 05/02/16 Pending -- -- --
08/24/2015 08/24/15 For Sale $349,900 -- --
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 $12,448 $885,700 $0 $0
2024 $12,448 $833,100 $0 $0
2023 $11,909 $713,500 $0 $0
2022 $16,722 $623,800 $0 $0
2021 $16,074 $581,500 $0 $0
2020 $11,022 $563,600 $0 $0
2019 $15,912 $544,500 $0 $0
2018 $15,912 $483,100 $115,800 $367,300
2017 $5,792 $92,100 $0 $0
2016 $1,372 $92,100 $0 $0
2015 -- $92,100 $0 $0
2013 -- $83,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Hart

    Seller's Agent in 2016

    Charles Hart

    Coldwell Banker Schmidt Realtors

    (616) 292-0243

    2 in this area

    28 Total Sales

    Charles Hart
    Section Image
  • Leigh Smith

    Buyer's Agent in 2016

    Leigh Smith

    Keller Williams Realty Rivertown

    (616) 294-0165

    66 Total Sales

    Leigh Smith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15045860

Southwestern Michigan Association of REALTORS®

APN: 41-11-20-100-028

Michigan Kent County Belmont 49306

5690 7 Mile Rd NE, Belmont, MI

This home is located at 5690 7 Mile Rd NE, Belmont, MI 49306 since 24 August 2015 and is currently estimated at $1,719,212. 5690 7 Mile Rd NE is a home located in Kent County with nearby schools including Crestwood Elementary School, East Rockford Middle School, and Rockford High School Freshman Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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