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5470 Ridge Drive

5470 Ridge Drive, Reading, MI 49274
Property in Reading
Sold Oct 14, 2013
$66,800
$63,460 by Hillsdale County National Bank
Mortgage Due Nov 01, 2043
Sold May 05, 1989
$30,000
This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5470 Ridge Drive has 896 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,873 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5470 Ridge Drive sold most recently in Oct 11, 2013 for a total of $66,800. If you work out the math, that's approximately a cost of $74.55 per sqft. Before that, the property was also sold for $30,000 in May 5, 1989. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $389 in taxes each year. 5470 Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $44,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,873
  • Lot Size Frontage Feet: 690
  • Total Building Area: 896
  • Gross Building Area: 896
  • Building Area: 896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LE-O-AM SHORES
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 44 LE-O-AM-SHORES NO.3 SEC 20 T7S R4W

Ownership

  • Current Owner : WARFIELD MARC
  • Previous Owner : WELLINGTON MERELANNA LEE
  • Owner Before Previous Owner: GOELTZENLEUCHTER LOUIS R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading Community Schools
  • Census Tract: 050400

Zoning

  • Zoning: ZONING

Geography

  • District: 10
  • Parcel: 10-190-001-004
  • Lot: 44
  • Meridian: SEC 20 TWN 07S RNG 04W
  • Municipality: READING TWP
  • Latitude: 41.8475
  • Longitude: -84.7933

    Address

  • Full Address: 5470 Ridge Dr
  • Address - House Number: 5470
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Reading
  • Carrier Code: R001
  • 4-Digit Zip Code: 9732
  • Zip Code: 49274

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 75,022
  • High Value: 85,855
  • Low Value: 64,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,460
  • First Open Lien Mortgage Lender: HILLSDALE COUNTY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 14, 2013
  • First Open Lien Mortgage Loan Amount: $63,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2043

    Market Valuation

  • Market Total Value: $88,819
  • Market Land Value: $6,934
  • Market Improvement Value: $81,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2013
  • Current Sale Recording Date: Oct 14, 2013
  • Current Sale Transaction ID: 1088452718
  • Current Sale Price: $66,800
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 05, 1989
  • Previous Sale Contract Date: May 05, 1989
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HILLSDALE COUNTY NATIONAL BANK
  • First Mortgage Transaction Date: Oct 14, 2013
  • First Mortgage Loan Amount: $63,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

About Hillsdale



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Frequently Asked Questions

What neighborhood is 5470 Ridge Drive located in?
The 5470 Ridge Drive is a located in the neighborhood of Reading in Hillsdale, Reading.
What is the average sales price for listings in 5470 Ridge Drive?
The average sales price for units in 5470 Ridge Drive is $0 currently.

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