NOT LISTED FOR SALE

7321 Old Lantern Dr SE Caledonia, MI 49316

Estimated Value: $587,570 - $653,000

4 Beds
5 Baths
2,987 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $218,725 $73 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $3,686/month

89 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Explorer Elementary School Rated A-

About This Home

As of March 2012

Gorgeous 4 Bedroom home with 3 Full and 2 Half Bathrooms, HUGE Back Deck, 3-Car Attached Garage, Beautiful Bay Windows, Fireplace and Wet Bar in Living Room, Lots of Built-Ins throughout, Main Floor Laundry, Full Basement w/ Family Room Fireplace, Exquisite Master Suite! This home is a MUST-SEE! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 12/01/2011

Bellabay Realty LLC

Last Buyer's Agent

Dave Kiel

Blueprint Properties (South)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1990

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 146x127

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,987 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,480

Year Built

Built in 1990

Lot Details

0

HOA Fees

$12 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 146x127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2987.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 3480.0
  • Tax Info:Zoning3: Res
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2987.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Full
  • LivingArea: 2987.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Aluminum Siding
  • List Price: 225000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached, Paved
  • Garage:Garage2: Yes
  • Garage Type:_three_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Electric Available, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 145.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 145.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 146x127
  • Lot Size Sq Ft: 18557.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3480.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2011
Closed on
Mar 14, 2012
Sold by
Fannie Mae
Bought by
Barissi Mark R
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Dave Kiel
Blueprint Properties (South)
List Price
$255,900
Sold Price
$218,725
Premium/Discount to List
-$37,175
-14.53%
Current Estimated Value
$619,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,918
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
May 24, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 11, 2011
Sold by
Vanderweyden Alan and Vanderweyden Denise K
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 27, 2001
Sold by
Gleason Philip E and Gleason Kim Renee
Bought by
Vanderweyden C Alan and Vanderweyden Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1993
Bought by
Gleason Philip E and Barissi Mark R

Purchase Details

Closed on
Jul 18, 1990

Purchase Details

Closed on
Jan 5, 1990
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
Barissi Mark R $218,725 Parks Title
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $175,300 None Available
Vanderweyden C Alan $310,000 Metropolitan Title Company
Gleason Philip E -- --
-- $250,500 --
-- $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2012 03/14/12 Sold $218,725 -14.5% $73 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $255,900 -- $86 / 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 $4,664 $276,100 $0 $0
2024 $4,664 $256,400 $0 $0
2023 -- $232,700 $0 $0
2022 $0 $210,900 $0 $0
2021 $0 $194,200 $0 $0
2020 $0 $180,200 $0 $0
2019 $0 $169,400 $0 $0
2018 $0 $163,400 $22,500 $140,900
2017 $0 $152,300 $0 $0
2016 $0 $143,100 $0 $0
2015 -- $143,100 $0 $0
2013 -- $133,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2012

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    34 Total Sales

    Michael Balsitis
    Section Image

  • D

    Buyer's Agent in 2012

    Dave Kiel

    Blueprint Properties (South)

    (616) 780-5314

    48 Total Sales

    Dave Kiel
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11062931

Southwestern Michigan Association of REALTORS®

APN: 41-22-08-411-001

Michigan Kent County Caledonia 49316

7321 Old Lantern Dr SE, Caledonia, MI

This home is located at 7321 Old Lantern Dr SE, Caledonia, MI 49316 since 01 December 2011 and is currently estimated at $619,643, approximately $207 per square foot. This property was built in 1990. 7321 Old Lantern Dr SE is a home located in Kent County with nearby schools including Explorer Elementary School, Pinewood Middle School, and East Kentwood High School.

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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