NOT LISTED FOR SALE

8586 Rainbows End Rd SE Caledonia, MI 49316

Estimated Value: $496,000 - $539,000

4 Beds
3.5 Baths
2,928 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $250,000 $85 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,004/month

3 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Humidifier
  • Caledonia Elementary School Rated A
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of August 2014

Great home near to Caledonia and M-6. Built in 2005 this home sits on a corner lot and shows pride of ownership. 3 bedrooms and 2 1/2 baths on the main level, great room with gas log fireplace, nice kitchen with huge deck off the back and master suite. Downstairs is finished with a family room which has a plumbed area for wet-bar, another bedroom, office and full bath. Home has a 3 stall garage with one garage door.

Last Agent to Sell the Property

Jack Grashuis

Greenridge Realty (Kentwood) Listed on: 07/15/2014

Last Buyer's Agent

Denny Moore

Keller Williams GR East

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,928 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Dining Area
  • Recreation Room
  • Natural lighting in basement

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Humidifier
  • Cable TV Available

Community Details

  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,294

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Built in Oven, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Humidifier, Laminate Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight
  • LivingArea: 2928.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Stone
  • List Price: 249900.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Telephone Line, Cable Connected

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21605.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 22, 2014
Sold by
Arnold Timothy and Arnold Timothy F
Bought by
Chu Christopher and Chu Heidi
Seller's Agent
Jack Grashuis
Greenridge Realty (Kentwood)
Buyer's Agent
Denny Moore
Keller Williams GR East
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$516,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,006
Avg. Annual Appreciation
6.60%
Original Mortgage
$170,000
Outstanding Balance
$131,078
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$376,863

Purchase Details

Closed on
Aug 5, 2011
Sold by
Arnold Kristine
Bought by
Arnold Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
8586 Rainbows End Land Trust
Bought by
Arnold Timothy and Arnold Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Leggo Jeremy and Leggo Jennifer
Bought by
8586 Rainbows End Land Trust and Wierenga Eric W

Purchase Details

Closed on
Oct 5, 2005
Sold by
Belfer Gahan Land Development & Llc
Bought by
Gbw Development Inc
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
Chu Christopher $250,000 Chicago Title Of Mi Inc
Arnold Timothy -- None Available
Arnold Timothy -- Triunion Title
8586 Rainbows End Land Trust -- None Available
Gbw Development Inc -- Prime Title Services Llc
Gbw Development Inc -- Prime Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Christopher $50,000
Open Chu Christopher $170,000
Previous Owner Arnold Timothy $15,000
Previous Owner Arnold Timothy $154,000
Previous Owner Arnold Timothy $144,000
Previous Owner Leggo Jeremy C $276,300
Previous Owner Leggo Jeremy C $255,000
Previous Owner G B W Development Inc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $250,000 0.0% $85 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $249,900 -- $85 / 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 $3,294 $253,100 $0 $0
2024 $3,294 $238,300 $0 $0
2023 $4,547 $215,400 $0 $0
2022 $4,397 $196,700 $0 $0
2021 $4,289 $183,300 $0 $0
2020 $2,900 $171,400 $0 $0
2019 $3,787 $163,500 $0 $0
2018 $4,120 $147,500 $0 $0
2017 $3,936 $137,200 $0 $0
2016 $3,787 $127,200 $0 $0
2015 $3,695 $127,200 $0 $0
2013 -- $102,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Grashuis

    Seller's Agent in 2014

    Jack Grashuis

    Greenridge Realty (Kentwood)

    (616) 291-4269

    2 in this area

    43 Total Sales

    Jack Grashuis
    Section Image
  • Denny Moore

    Buyer's Agent in 2014

    Denny Moore

    Keller Williams GR East

    (616) 340-7680

    3 in this area

    59 Total Sales

    Denny Moore
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14040351

Southwestern Michigan Association of REALTORS®

APN: 41-23-21-212-001

Michigan Kent County Caledonia 49316

8586 Rainbows End Rd SE, Caledonia, MI

This home is located at 8586 Rainbows End Rd SE, Caledonia, MI 49316 since 15 July 2014 and is currently estimated at $516,006, approximately $176 per square foot. This property was built in 2005. 8586 Rainbows End Rd SE is a home located in Kent County with nearby schools including Caledonia Elementary School, Emmons Lake Elementary School, and Kettle Lake Elementary 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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