Listed by STM Real Estate, Bought with I Elite Realty, IERC
NOT LISTED FOR SALE

Estimated Value: $921,000 - $995,000

4 Beds
3.5 Baths
3,140 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $400,000 $127 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,725/month

Highlights

  • Wine Cellar
  • Sauna
  • Territorial View
  • Kentwood High School Rated A-
  • Property is near public transit
  • Wood Flooring

About This Home

As of October 2014

Fabulous home in the gated community of Meridian Valley CC. Large master suite w/ sitting area, 5 piece bath & walk-in-closet.
3 more big bedrooms & second full bath. Sauna w/ 3/4 bath on main floor along w/great room style family-game room. Temp. controlled wine cellar. Huge kitchen w/gas stove, double ovens, lots of cabinet space. Hardwood floors, formal living & dining rooms. Beautifully landscaped yard w/sprinkler system. Central air, tile roof & newly painted exterior. A must see!!

Last Agent to Sell the Property

Kim Becvar

STM Real Estate License #87257 Listed on: 07/29/2014

Last Buyer's Agent

Meng-Lin Wang

I Elite Realty, IERC License #73725

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 667541

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Wood Siding

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wine Cellar
  • Dining Room
  • Sauna
  • Territorial Views

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Meridian Elementary School
  • Mattsonjnrhigh Middle School
  • Kentwood High School

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Meridian Valley CC Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number 5469502060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,114

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1977
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Meridian Valley Country Club
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3140
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Both
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wine Cellar, Bath Off Primary, Double Pane/Storm Window, Dining Room, Sauna, Security System, Walk-In Closet(s), Water Heater
  • Living Area: 3140
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3140
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Tile
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: PSE
  • SewerCompany: Soos Creek
  • WaterCompany: #111
  • WaterHeaterLocation: garage
  • WaterHeaterType: gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 66

Schools

  • Junior High Dist: Kent
  • High School: Kentwood High
  • Middle Or Junior School: MattsonJnrHigh

Lot Info

  • Parcel Number: 5469502060
  • Topography: Level
  • Lot Size Acres: 0.2937
  • Lot Size Sq Ft: 12792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gated Entry,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • LotNumber: 204

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2014
  • Tax Annual Amount: 6114

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Meridian Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2014
Closed on
Oct 9, 2014
Sold by
Lotto Michael S and Lotto Ann M
Bought by
Chao Kevin T and Chao Samuel P
Seller's Agent
Kim Becvar
STM Real Estate
Buyer's Agent
Meng-Lin Wang
I Elite Realty, IERC
List Price
$469,000
Sold Price
$400,000
Premium/Discount to List
-$69,000
-14.71%
Current Estimated Value
$947,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,495
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Aug 10, 2009
Sold by
Johnston Robert G and Johnston Judy R
Bought by
Lotto Michael S and Lotto Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.17%
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
Chao Kevin T $400,000 First American
Lotto Michael S $445,000 Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lotto Michael S $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $400,000 -5.9% $127 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
08/27/2014 08/27/14 Price Changed $424,950 -9.4% $135 / Sq Ft
07/29/2014 07/29/14 For Sale $469,000 -- $149 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $8,412 $825,000 $310,000 $515,000
2023 $8,279 $735,000 $310,000 $425,000
2022 $7,550 $787,000 $313,000 $474,000
2021 $7,274 $628,000 $253,000 $375,000
2020 $6,938 $577,000 $217,000 $360,000
2018 $6,321 $532,000 $173,000 $359,000
2017 $6,929 $471,000 $165,000 $306,000
2016 $6,921 $526,000 $207,000 $319,000
2015 $6,410 $499,000 $197,000 $302,000
2014 -- $450,000 $197,000 $253,000
2013 -- $403,000 $197,000 $206,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 667541

Northwest Multiple Listing Service (NWMLS)

APN: 546950-2060