You are currently browsing the monthly archive for September 2008.

Caledonia Michigan is a very desirable suburban community to live in

if you work in the Grand Rapids area.  The school system is top rated,

 the village and surrounding area was rated one of the Top 100 places

to live by Money Magazine in 2005.  Caledonia MI is a bit rural

within a short distance of all the city attractions of Grand Rapids.

Example: Caledonia MI is about 6 miles from Gerald R. Ford

International Airport.

 

 

Ruehs Park Caledonia township Mi

Ruehs Park Caledonia township Mi

 

Caledonia Real Estate Market Report March ~ August ’08

 

There are 157 active homes for sale in Caledonia the first of Sept

The average price is $ 294,119, priced at an average $ 142.70

per square foot.  The lowest priced home is $59,900, the highest priced

home is $899,000.  Average days on the market for an active listing

is 134 days. 

Caledonia MI Price of Area Listings

Caledonia MI Price of Area Listings

 

There are 13 homes in Caledonia in pending sales from March to date.

Average price is at $192,453, with the average price per square foot

at $98.71. The lowest price is $66,500, the highest price is

$ 449,900, averaging 142 days on the market.

Caledonia MI Price per sq ft

Caledonia MI Price per sq ft

 

There are 54 homes sold in Caledonia from March ’08 to August ’08.

The average sold price for Caledonia homes is $ 184,624.

The average price per square foot for main floor is $ 102.83.

The average days on the market are 94. 

The lowest sold price for Caledonia was $50,000, the highest sold

price was $ 472,000.

Caledonia MI DOM

Caledonia MI DOM

 

 

 

If you have questions about the value of your Caledonia home, or

would like to move to Caledonia, please contact me directly at

1-888-240-1968 ext 0

Grand Rapids Ada Real Estate  Copyright 2008 All rights reserved

photos of Ruehs Park Caledonia Township MI by Bonnie Westbrook 

Crystal Springs Development in Caledonia, MI is a large, residential

suburban housing development that was started in the late 1980’s and

most construction was finished in the 1990’s although some newer homes

have been built since 2000. There are also a few vacant lots left to develop.

This development covers a large area around the Crystal Springs Golf Course

grounds south of 68th Street to 72nd Street and encompassing Kalamazoo

Avenue on the east and west.  This development has single family homes and

 condos, many located right on the Crystal Springs Golf Course. (See related

article on the acquisition of Crystal Springs Golf Club)

The public school system is Kentwood, even though the address is Caledonia.

Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,

Kentwood High School, and a short hop to M-6, which is the south beltline for

 the Greater Grand Rapids area connecting US 131 on the west and I96 on the

 east side of the city.

 

birdhouse in tree

                          September 2008 Real Estate

                          Residential Market Report

                        Crystal Springs Neighborhood

                       29 For Sale, 2 Pending, 17 Sold

Address                Price     Sq Ft  $/SqFt  DOM

FOR SALE:

1424 Silver Springs    219,900   2544    86.43     95

1285 68th St             159,900   2349    68.07      7

1481 Crystal Valley    299,900   2270   132.11    52

6958 Fairway Vista     169,900   1504   112.96   163

7535 Barn Swallow Ct 169,900   1516   112.07   119

1931 Hollow Creek    184,900    2000     92.45  171

6950 Kalamazoo       189,900   1765   107.59   150

6892 Crystal View      199,900   1714   116.62     86

1634 Sweet Grass      199,900   2000     99.95   164

2026 Blackmountain   219,000  2112    103.69     8

7211 Meadowgrass    229,900   2164    106.23   142

1563 Old Lantern Ct   234,900  2402      97.79   228

7450 Missoula Dr       207,609   2736     75.88   239

7439 Stillwater Dr      449,900   3200     140.59    18      

7320 Old Lantern       249,900  2016     123.95     46

1845 Hollow Creek     224,900  2000     114.95    101

7277 Misty Morning   259,900 2270      114.49  171                                                                                                                             

7272 Misty Morning    275,000  2386     115.25   160

7036 Crystal View       279,000  1683     165.77  150

7368 Old Lantern       279,900   2390    117.11  170

7394 Old Lantern       289,000   3100     93.22    49

7387 Old Lantern       289,900   2875   100.83     45 

7096 Summit Hill       299,900   3022     99.23    23 

7095 Crystal View       315,000  2555    123.28   95

7350 Old Lantern       349,900   3031   115.44    53

1907 Landoshire Ct    214,900   1820   118.07     36

6882 Crystal View       249,000   1806   137.87     41

1438 Silver Springs    289,900    2628   110.31     25

7350 Heather Rdg      350,000    3500   100.00    28

 

PENDING:

2078 Eaststone St     169,900   1924     88.36     84

1588 Crystalline Dr    104,900   1620    64.70    148

 

SOLD:

1361 68th St             226,500   1771  134.10    182

1460 Crystal Valley    213,000  2652       90.12    85

6950 Old Lantern Dr   145,100    2671     54.32    6

2086 Eaststone          145,500   1644     88.50    46

2116 Glen Canyon      153,000   1368    110.38   47

7377 Misty View Ct      161,000   1407    114.42  104

1776 Spring Meadow    165,900  1592    103.95  102

7193 Meadowgrass      166,500   1536   108.39    30

7079 Old Lantern Dr    175,000   2135     81.96     8

7561 Barn Swallow      178,000    1189    149.70   88

7458 Misty View  Ct     219,000   2112    103.69   36

7474 Old Lantern Dr    270,000   2500    108.00   40

7361 KingsCrossingCt  280,500   3220      87.11   71

1370 KingsCrossingDr  390,000   4954     78.72   105

7350 Royal Ridge      335,000   3900     85.89    77

7429 Old Lantern Dr   298,000   3800    78.42     77

7222 Crystal Stone    155,900   1504   103.65     48

 

550 homes have sold so far this year in the Kentwood

School District and the average price is $121,303.

 

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

Grand Rapids Ada Real Estate  Copyright 2008 All rights reserved

photo of birdhouse by Bonnie Westbrook

 

Ada Woods is an established development of homes in Ada, Michigan,

 just west of Ada and south of Fulton Street (M46).  Ada Woods started

 out as an E.L. Ladd development but towards the end of the project

many lots were sold to other builders and completed by individual owners.

  The dates of building range from 1980’s to 2005.  Most of the homes 

have more square footage and more amenities than Adacroft Commons,

its  adjacent neighborhood.  As with Adacroft Commons, there is designated

common land in the development that remains heavily wooded and in a

natural state.                    

                     Ada Woods Residential Real Estate

                           September 2008  Market Report

                    4 Sold, 0 Pending, 9 For Sale

  bike trail Railroad under pass in Ada MI


Address                Price     Status   Sq Ft  $/SqFt  DOM

6387 Scarborough Dr 199,900  For Sale  1666    119.98    106

6449 Scarborough Dr 184,900  For Sale  2060    89.75      55

6380 Redington Dr    339,900  For Sale  2325    146.19   202

6270 Scarborough     359,900  For Sale  2640    136.32    97

6217 Scarborough Dr 469,900  For Sale  2942    159.72    61

6405 Drumlin Ct       279,900  For Sale  2321    120.59    83

6400 Redington        339,900  For Sale  2692    126.26    73

6333 Redington        344,900  For Sale  2716    126.98     43

400 Adaway Ave        329,000  For Sale  2522    130.80    29

410 Lehigh Dr          359,900  Sold        2646    136.01    15

225 Grayfield Ct       323,000  Sold        2460    131.20   169

6296 Scarborough    360,000  Sold        2888    124.65     34

6459 Redington       370,000  Sold        3106    119.12   164

 

The average home sale for 2008 in Ada Township is $ 309,612.

142 homes have sold this year. 

The Ada area growth trends remain strong. Ada Township planner,

Jim Ferro states that the Ada population has grown by 20% since 2000.

 There is a new proposed 80 condo unit – Villas of Ada

and Stone Falls of Ada – a 210 unit apartment complex, currently under

construction here.

Ada Woods is a popular home market in the Ada area. Part of the appeal

is the proximity of Ada Elementary, Forest Hills 5/6 School, Ada Christian

Schools, St Roberts School and close to the village of Ada and Fulton Street.  

 

Grand Rapids Ada MI Real Estate – Five Star Real Estate

 Copyright 2008  All Rights Reserved

Bike Trail Railroad Underpass in Ada Mi photo by Bonnie Westbrook

Adatowne is a popular entry level home market in the Ada area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, St Roberts

School and being close to the village of Ada. Adatowne is an

established subdivision, started in the early 1970’s by E.L. Ladd

Builders of Ada. I have held many open houses in these new plats

 and sold many of the homes as new construction – to be built.

If you doubt the power of your home as an investment, a basic

ranch (about 1000 sq ft) sold  for $ 19,900 in 1975.

 

 Adatowne Residential Neighborhood in Ada, Michigan

    September 2008 Real Estate Market Report   

           8  Sold, 0 Pending, 3 For Sale

 

  adatowne residential neighborhood ada mi

 

 Address             Status      Price       Sq Ft       $/Sq Ft     DOM

6686 Adaridge  For Sale   179,900   1200      149.91        27

448 Adapointe  For Sale   174,900   1984        88.15         20 

6873 Adaside    For Sale    149,900   1264     118.59         12 

6705 Adaridge      Sold       143,900      1056      136.26      74 

7028 Adaridge      Sold       149,900      2116        70.84        8 

6869 Adaridge      Sold       115,000        988       116.39     20 

6885 Adaridge      Sold       124,000      1270         97.63     81  

6966 Rix St.           Sold       119,625      1052       113.71     119 (F) 

6674 Adaridge      Sold       142,000      1056       134.46     151 

6824 Adaside        Sold       142,600      1028       138.71     260

6767 Adaridge      Sold        154,500     1300       118.84       20

(F) = Foreclosure

144 homes have sold in Ada Township in 2008,

Average price is $309,407.  15% fewer homes have

sold in 2008 but the average price has increased by  3%.

 

The Ada area growth trends remain strong. Ada Township planner,

 Jim Ferro states that the Ada population has grown by 20% since

 2000. There is a new proposed 80 unit condo development

 Villas of Ada  and Stone Falls of Ada – a 210 unit apartment

complex, currently under construction here.  Both new sites plan

on being open in 2009. 

 

If you would like detailed information about Ada Homes, please feel free

to contact me directly at 1-888-240-1968.

Grand Rapids Ada MI Real Estate Five Star Real Estate

Copyright 2008 All rights reserved

Photo of Rix Dr. by Bonnie Westbrook

This home is in the desirable location of Beckwith Hills subdivision is in

Northeast Grand Rapids, just west off the I96 expressway at Leonard. 

Fresh on the market, this wonderful two story home is at

                  1400 Dewberry Court NE.

Total finished square footage is 2638 of gracious living with a finished

lower level. The main floor has a large living room, family room, eat in

kitchen with a central island, main floor uitility and half bath.

A deck off the sliding glass door to the dining area is convenient for 

grilling and entertaining.

Three bedrooms up with a full bath, the master bedroom has a large

walk in closet.  The finished lower level has a recreation room, full bath,

 and study or home office, plus play area and additional storage.

This is a one owner home and well maintained.

Dewberry Court Grand Rapids MI Home for sale

Dewberry Court Grand Rapids MI Home for sale

Living Room

Living Room

 

 

 

 

 

 

Offered at $ 174,900.           MLS # 729848

 

 

For more information about this home,  contact me directly at

 1-888-240-1968 ext 2306

Grand Rapids – Ada Real Estate  Copyright 2008 all rights reserved

Rockford Michigan is a quaint village on the Rogue River with many

 suburban neighborhoods surrounding it.  Rockford Michigan has an

excellent public school system and a large scale employer in Wolverine

Worldwide (they make the famous Hush Puppy shoes, among other

items). They have a vibrant downtown area with boutique shops and

 good restaurants.  The picture below shows the many turn-of-century

buildings that have been rehabbed to house current retail shops and

eateries. 

 

 

Main Street in Rockford MI

Main Street in Rockford MI

 

               Rockford Real Estate Market Report

                                     September 2008

Rockford market up to $ 200,000

                                              $/sq ft          DOM          Avg Price

Active listings  165                  $110.08           71           $152,445

Pending                22                $  95.30           69           $135,485

Sold                       58              $104.41           39           $142,317

Active listings range in price from $29,900 to $200,000.

Sold listings range in price from  $45,000 to $ 197,000.

Rockford Market over $200,000 

                                         $/sqft          DOM      Avg Price

Active Listings     196      164.09          80         $ 327,615

Pending                   9      146.86         79         $ 341,756

Sold                      22      144.43         53         $ 284,136

Active listings range in price from $200,000 to $1,300,000.

Sold listings range in price from $203,000 to $550,000.

368 homes sold so far in the Rockford Public School District

in 2008. The average home price is  $187,200.

Because Rockford is such a small city and covers a large district,

 this report is based on the Rockford Public School District, not

 the village of Rockford.

 

If you would like more information about  the value of your Rockford

home, please contact me directly at 1-888-240-1968 ext 0.

Grand Rapids Ada Real Estate – Five Star Real Estate

Copyright 2008 All rights reserved

photo of Downtown Rockford by Bonnie Westbrook

If you are a golf addict like me, you will be watching the Ryder Cup this

weekend.

My friend and Watermark Golf Pro, Mark Wilson, will be the Chief Referee –

 The Big CheeseThe Ultimate Decider – concerning the rules of the game

of golf.  Mark, along with team captains, Paul Azinger and Nick Faldo, have

formed the “captain’s agreement,” a document that covers several

contingencies:  the sealed envelopes with the lineups, the pace of play,

 and local rules on the host course, among other things.  Mark has

officiated at the Ryder Cup before, but not as Chief Referee.

The Ryder Cup is one of the golf world’s most prestigious tournaments.

 It pits an European team and an United States team against each other. 

Europe & The United States each put together their “dream team”  to win

 the Ryder Cup.

Europe won in 2006, the United States last won in 1999, so are anxious to

reclaim the Cup.  “It elevates the game and makes each player more intense

because they are playing for the team, not themselves” says Chief Rules

Official Mark Wilson. 

                                                         

Mark Wilson, Chief PGA Rules Official Ryder Cup 2008

Mark Wilson, Chief PGA Rules Official Ryder Cup 2008

 Mark has officiated at other major tournaments, such as

The Masters, The British Open, and other PGA Tournaments since 1990.

The Ryder Cup Tournament takes place at Valhalla Golf Club,

Louisville, Kentucky this weekend.  Hurricane Ike has dumped a

storm on the Louisville area on Sunday and they are scrambling to

clear the course of debris before the first ball is teed up.  Power was

still out in the area last nite as the Ryder Cup teams flew into the airport

to prepare for the big event.  Let’s hope they have power restored in

time to put this event on the air.  Opening ceremonies at at 4 pm

Thursday EST will be broadcast on the Golf Channel. 

All of us here at Watermark Country Club in Grand Rapids Michigan

will be watching and keeping an eye out for our Pro, Mark Wilson,

to make a rules decision.

Grand Rapids Ada Real Estate   Copyright 2008 All rights reserved

Mark Wilson photo courtesy of Watermark Country Club website

We like to use local companies. We like to know the people who work there.

We feel supporting local businesses is the right thing to do and the way

to make our area prosperous.  In over 35 years of doing business in the

Greater Grand Rapids real estate market, we have seen lots of businesses

 come & go.

We salute those businesses that tow the line every day. They go to work and

make our lives easier, better, warmer, colder, they fulfill our needs, whatever

they may be. They do this every day and serve their community by being

experts in their specific fields.  Jacobson Heating & Cooling is a company

we trust. 

Jacobson Heating & Cooling is one of those local companies that

 we are grateful we can call.  If you wake up and your furnace isn’t working,

Jacobsons Heating & Cooling will send an expert out to give you the good

news (it can be repaired) or the bad news (it can’t be repaired and you need

a new furnace).  Yikes, is the credit card full?

        

Jacobson Heating & Cooling

Jacobson Heating & Cooling

            

We have used Jacobson Heating and Cooling in our own home and for our

rental properties. We know we can rely on them to do a good job at a fair price.

 If you are looking for heating/cooling service and/or new equipment we highly

 recommend them.  An annual furnace inspection is always a good idea.

 

Jacobson Heating and Cooling is a family owned and operated company that

 was established in 1932. Bob Vanderson Sr. has been with the company for

almost 50 years and now owns it with his three sons, Bob Jr., Tom, and Jeff.

They service the greater Grand Rapids area with residential and light

commercial installations as well as providing award winning service. They

 pride themselves in taking care of their customers, they have won several

awards, including the BBB (Better Business Bureau) Best in Customer Service

 in 1993 and 1997, and Business of the Year in 1998. They were also awarded

 the National ACCA (Air Conditioning Contractors of America) Award for

Residential Excellence in 2000.

For help with any of your heating and cooling needs contact them at

616-245-1131.

Grand Rapids Ada Real Estate  Copyright 2008 All rights reserved

Jacobsons Heating and Cooling facts taken from their website.

We have received no remuneration or compensation for our referral of

Jacbosons Heating & Cooling but Bob might give me strokes on the back 9.

 
Wyoming Michigan is a large suburban city adjacent to  Grand
Rapids Michigan.  Wyoming MI homes are moderately priced,
which makes it an active market in this economy. 
Wyoming Michigan has had 267 homes sold since May 31, 2008
through August 31, 2008  recorded on the Grand Rapids Real Estate
 Board Multiple Listing Service priced from $30,000 to $265,000. 

 Ranch homes have been the major category with 186 sold, two stories

are about two thirds less with a total of 63 sold, and multi-levels have

 had 18 homes sold.

Wyoming MI ranch homes have sold for an average price of $110,088

at $101.82 per sq/ft, and took an average 112 days on the market to sell. 

Obviously the lower price levels have affected this average ( low price $37,900

 vs high price of $265,000) I would assume the lowest price levels are bank

 owned foreclosures negatively affecting the market price.

Wyoming MI two story homes have held their value a little better at an

average price of $124,355, price per sq/ft at $ 105.35, and selling in an

average of 128 days on the market.

Wyoming MI multilevel homes are averaging $125,450, price per sq/ft

at $88.72, selling in an average of 99 days on the market.

As you can see, Wyoming Michigan homes listed at a high price are

not selling until the price gets close to the average or below for sold

homes.  If you don’t have to sell your Wyoming home now, it might be

better to wait for a stronger seller’s market.  On the other hand, it is a

perfect time to move up because you will be able to buy your next

house at the lowest prices seen in 5 years in this area.  And interest rates

at are all time record lows. It can’t get any better than that.

If you have any questions about Wyoming MI Homes, contact

 me directly at:1-888-240-1968 ext 0

Grand Rapids Ada Real Estate Copyright 2008 All rights reserved

All information is subject to verification and no liability for error

or omission is assumed.

 
Like all counties in Michigan, we are blessed with water, lots of water, in the

 form of inland lakes, rivers and streams.  Many people who live here have

residences that have private waterfront access, the prices range from $99,000

 at the low end to $4,000,000 at the high end to live on the waterfront in

Eastern Kent County.

 Eastern Kent County would include Ada, Alto, Belding, Belmont, Caledonia,

Cannon, Cannon Twp, Cannonsburg, Cascade, Comstock Park, Dutton, East

Grand Rapids, Forest Hills, Gaines, Gaines Twp, Grand Rapids, Kentwood,

Rockford, & Vergennes Twp. 

This Private Waterfront Real Estate Market Report gives you the current

picture for the hot market time from March to August 2008. 

The chart below tells us that 15 properties have sold, 3 pending,

82 currently For Sale, and 18 have expired.

Reeds Lake, East Grand Rapids, MI

Reeds Lake, East Grand Rapids, MI

 

Average Price for Private Access Waterfront Real Estate

Current For Sale = $618,500

Pending  Sales   = $466,300

Sold Homes       = $419,853

Average Days on the Market

Current For Sale =   80 days

Pending            =    78 days

Sold                 =    56 days

Expired             =  101 days

Average Price per Square Foot

Current For Sale  = $222.39

Pending             = $201.98

Sold                  = $196.93

Expired              = $189.01

 

Status Total Avg Price $/SqFt Median Low High Avg DOM
ACT/CNT 82 $618,500 $222.39 $429,000 $99,900 $4,000,000 80
PND 3 $466,300 $201.98 $599,000 $300,000 $599,000 78
SLD/RNT/LSE 15 $419,853 $196.93 $275,000 $145,000 $1,275,000 56
WTH 0 $0 $0.00 $0 $0 $0 0
EXP 18 $378,292 $189.01 $286,950 $149,900 $1,275,000 101
Total 118 $552,737 $213.54 $395,000 $99,900 $4,000,000 80

All information is subject to verification and no liability for omission

or error is assumed


If you would like additional information about waterfront homes

in Kent County,  please contact me directly at:

 1-888-240-1968 ext 0 

F.Y.I. ~ The 4 million dollar property listed is on Reeds Lake, the beautiful lake

in East Grand Rapids, captured in a photo by Bonnie Westbrook.

Grand Rapids Ada Real Estate  Copyright 2008 All rights reserved

Grand Rapids Photos

Eureka AR view

View from the Crescent Hotel Eureka AR

The Crescent Hotel Eureka AR

View from adjacent mountain of Eureka AR

Catholic Church Eureka AR

More Photos

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