Grand Rapids Michigan Real Estate Blog

Cascade Township MI Free RiverBeat Events – August 2010

The Cascade Community Foundation is again sponsoring FREE Events

in Cascade Michigan at Leslie Tassell Park every Thursday night in August.

Location: Thornapple River Dr & Cascade Road on the Thornapple River

When: Thursday evening August 2010  7 PM

The 2010 Events Scheduled:

August 5th – Craig Tornquist – Family Comedian 

                       Celebrity impressions, music, loads of fun!

August 12th – Art in the Park – Over 100 stations: Painting, Sculpting,

                       Music, Ice Cream, Fun for the whole family

August 19th – Michael Bennett & Friends – Swing Music & Dance

                        instruction

August 26th – Metro Cruise Warm-Up –Library Parking Lot

                       Bring your fancy car and your family to hear that old

                       time rock and roll from Aardvark Stew

Alternate Rain Location - Cascade Public Library - Wisner Center

Cascade Township Information

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Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the  Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

every level.  This community also has a clubhouse and restaurant for

members.

We have relocated several clients into this community and they find it a

wonderful place to live. Just minutes from 28th Street & Cascade shopping,

dining and amusements, you are centrally located but tucked away from

the bustle of the area for quiet, serene living and easy access to golf.

                          Centennial Park Meadows Condos

                             Real Estate Market Report

                                   Jan - April 2010

                        0 For Sale,  0 Pending,  7 SOLD

Centennial Condos Active Listings: 0

Centennial Condos Active Average Price - $0

Centennial Condos Active average $/SqFt – $ 0

Centennial Condos Active average days on market – 0

Centennial Condos Sold Listings: 7

Centennial Condos Sold average price – $ 160,036

Centennial Condos Sold average $/SqFt – $ 97.72

Centennial Condos Sold average days on market – 174

Low Sold Price – $ 83,000

High Sold Price – $ 300,000

 

 This market is seeing sales in 2010 and with no condos on the market,

it is difficult to say how long before a new listing would sell, most

likely quickly, if priced correctly. 

The average sold price is slightly lower than it was last year but the one

obviously distressed sale brings the averages down.

If you would like information about Grand Rapids – Cascade MI Condos

or Grand Rapids – Cascade MI Homes, please contact me directly.

If you would like this report emailed to your inbox every month, please

contact us.

Grand Rapids Real Estate – Westbrook Realty

Copyright 2009  All rights reserved

photo of Golf Equipment by Bonnie Westbrook

 

 

The Quail Crest Condo development is located west of Spaulding

and north of Burton Street in Cascade Township.  There is an

entrance off Spaulding Avenue and off Burton Street. This condo

development was started in the late 1980′s and continued building

into the current phase.

The condos are spacious with cathedral ceilings and many have

finished lower levels with extra bedrooms and baths. This area

has been very attractive for retirees, as they are close to all the

local amenities and shopping but no house maintenance.

Forest Hills Public Schools are the school district,

Watermark Country Club, Forest Hills  & 28th Street shopping are

a short distance away.   The miles of Cascade-Ada Bike/Walking Trail

connects to downtown Cascade, downtown Ada, and 28th St.

  Quail Crest Condominiums Real Estate  Market Report

                         Jan-April 2010

  6 For Sale, 0 Pending, 1 Sold, 3 Expired

Quail Crest Condos Active Listings: 6

Quail Crest Condos Average Active Price – $273,300

Quail Crest Condos Average Active Price/SqFt – $ 170.06

Quail Crest Condos Average Active days on market - 82

Quail Crest Condos Sold Listings: 1

Quail Crest Condos average sold price – $132,900

Quail Crest Condos average sold price/SqFt – $ 106.92 

Quail Crest Condos average days on market – 83

The absorption rate for Quail Crest Condos is 18  months, which

means if no new listings come on the market, it will take 18 months

for the current inventory of homes to sell at the current rate of sales.

This is high for the Grand Rapids Market.  The  average sold price

and the price per square foot for the one home that sold is much

lower than last year’s sold price average of $ 175,000.

We have seen some sellers renting instead of selling, waiting for a

return to a seller’s market.  That may be the route to take, if you can

play the role of landlord successfully.

Forest Hills MI Real Estate Market Report

If you have further questions about Grand Rapids or

Cascade MI Condos, please contact me directly.  We can

also have these monthly market reports emailed to your

inbox, just contact us.

 

photo of Quail Crest Entrance by Bonnie Westbrook

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If you are looking for a home in Forest Hills School District that is

in MOVE IN Condition, this home could be all you are looking for.

This 4 bedroom GRAND RAPIDS MI home has been redone from top

to bottom. Freshly painted, updated with a New Gourmet Kitchen

with granite countertops, new stainless steel appliances, and new

wood flooring in the kitchen, eating area and back entry.

 

 

 

The master suite has a major remodel with a new master bath.  This

bath sports a new walk in shower with glass doors, new marble tile

flooring, and new white vanity cabinets.  The solid surface counter

with integral sinks, a dressing table, and a large walk in closet are

just most buyers are wishing they had.

This home is located at 7246 Cascade Woods Dr SE and is listed for

$339,900.  Please call Terry 616-292-7263 for a private showing.

It is difficult to list all the extras and the new items that have been

added to this home in this blog. Come on out and take a look at our Sunday

Open House, this all brick Cascade listing could be your new home.

Check our website for more information.

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Hidden Hills is an established neighborhood of homes off Cascade Road

and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids. 

Home construction started here in the 1960's housing boom in the Forest

Hills School District and has continued through to today. There are new

homes still being built in this neighborhood.

Mid-size homes with quality construction are the rule, this suburban sub-

division area has been a desirable  place to live in the Grand Rapids home

market for many years. 

                          Hidden Hills, Cascade Township

                     Neighborhood Real Estate Market Report

                              January-December 2009

                      4 For Sale, 15 Sold, 0 Pending, 9 Expired

Hidden Hills Active Listings 4

Hidden Hills Average Active Price: $ 429,975

Hidden Hills Average Active Price Per Sq Ft: $ 146.63

Hidden Hills Active Average Days on Market: 148

Hidden Hills Sold Homes 15

Hidden Hills Average SOLD Price: $ 210,367  232

Hidden Hills Average SOLD Price Per Sq Ft: $ 98.06   102

Hidden Hills Average SOLD Days on the Market: 102

Hidden Hills Pending Homes: 0

Hidden Hills Expired Homes: 9

Hidden Hills Average Expired Price: $ 288,922 336,567

Hidden Hills Average Expired Price Per Sq Ft: $119.70

Hidden Hills Average Expired Days on the Market: 162

The current absorption rate is  3.2 months, which means we have

 a 3.2 month supply of homes in the Hidden Hills market, IF no new

 homes enter the market and homes sell at the current rate. 

MARKET SYNOPSIS: Hidden Hills average SOLD home price has

bounced back somewhat from this spring's lows of under $90 a square

foot, but the average sold price is still declining.  Time on the market

has increased slightly and 15 homes have  sold since the first of the

 year. 

Prices are about 30% below market highs of a few years ago but this

 is still  a popular place to live in the the Forest Hills School District. 

 The financial experts tell us that it will be between 2013 and 2023

 before they expect these market highs to return.

 

Forest Hills School District Average Sold Home Prices last 5 years: 

2008 - $ 279,709

2007 - $ 269,445

2006 - $ 300,691

2005 - $ 282,173

2004 - $ 268,072

 

Forest Hills Michigan Real Estate  2009

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly. 

Grand Rapids Real Estate - Westbrook Realty

Copyright 2009  All rights reserved

photo of Leslie E Tassell Park by Bonnie Westbrook

Cascade Neighborhood Absorption Report

Caravelle Village is an established subdivision built in the late 1960's

 and 1970's just south of Burton Street, east of Kraft Avenue and west

of Cascade Road in Cascade Township.  These Grand Rapids Homes

have the traditional mix of two stories, tri-levels and ranches.  A desirable

place to live with median priced homes, Forest Hills Public Schools, and

 close to 28th shopping and restaurants. Originally built by a variety of

 builders, the homes here are quality construction in a safe neighborhood

and close to the historic village of Cascade and Gerald Ford International

Airport.

           Caravelle Village Residential Real Estate

                       Jan-Dec 2009 Market Report

                   4 For Sale, 3 SOLD, 0 Pending, 4 Expired

Caravelle Village Active Listings: 4

Caravelle Village Average Active Price - $ 192,325

Caravelle Village Average Active Price/Sq Ft - $ 123.52

Caravelle Village Average Days on the Market - 239

Caravelle Village SOLD Listings: 3

Caravelle Village Average Sold Price - $ 176,000

Caravelle Village Average Sold price/SqFt - $ 111.30

Caravelle Village Average Sold Days on the Market - 74

Caravelle Village Pending Listings: 0

Caravelle Village Expired Listings: 4

 

At the current rate of sales, we have a 16 month supply of homes in

Caravelle Village, if no new homes come on the market.

 

MARKET SYNOPSIS: Only 3 homes have sold in Caravelle Village since

January of this year.  The average listed price has risen by $20K since

summer, but buyers are still reluctant to purchase.

This has been a popular area for home buyers, but your home must be

 in top notch condition and priced to sell in today's market.  Note the difference

between average list price/sq ft and average sold price/sq ft above, this tells

the whole story.

Forest Hills Michigan Neighborhood Real Estate Market 2009

Grand Rapids Real Estate - Westbrook Realty

 Copyright 2009  All rights reserved

photo of Tassell Park at the Thornapple River by Bonnie Westbrook

The First Wok Restaurant at 6740 Old 28th Street in the heart of Cascade

is one of our favorite lunch spots.  We enjoy the pleasant surroundings,

the smiling service, but most of all, we love the food.

We aren't adventurous when it comes to foreign specialties but we

have eaten Chinese cuisine for years all over the US. First Wok is the

best Chinese restaurant we have been to in the Grand Rapids area.

The egg drop soup is not just a few morsels swimming in broth, it is

chock full of vegetables, shrimp, and seasoned just right. A perfect

appetizer for most people, it can be almost a whole meal, along with

 an eggroll.

Since we aren't big fans of hot, spicy foods we can't testify directly

for those dishes, although our friends seem to like them.  We can say

we get lots of freshly cooked Chinese dinners, served with flair.  If you

haven't been to First Wok, you should give it a try.  Note: there are

other First Wok locations in Grand Rapids, sadly, these don't come up

 to the standards we experienced at the restaurant in Cascade. 

 

We snapped a few photos of the interior when we were at lunch last week.

 

We have received no remuneration or compensation for our review of First Wok Restaurant.

Cascade Hospital for Animals is holding a canine blood drive on Saturday,

November 14th, 2009 from 10am to 5 pm at their facility, 6730 Cascade

Road SE, Grand Rapids Michigan.

Blood donation is a simple procedure, taking less than 30 minutes, and does

 not require anesthesia or sedation. Dogs must be healthy, friendly,

50 pounds or over, between one and six years old. parasite free, current

 on vaccinations, have no heart murmur, and not taking the following

medications: thyroid, Phenobarbital, NSAIDS, steroid therapy, or allergy

 injections.

 

 

 

If accepted for the donation drive, the pet will receive approximately

$235 worth of blood work performed free.

 If interested, call 949-0960 or mail chfa@chfa.net.

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Hidden Hills is an established neighborhood of homes off Cascade Road

and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids. 

Home construction started here in the 1960's housing boom in the Forest

Hills School District and has continued through to today. There are new

homes still being built in this neighborhood.

Mid-size homes with quality construction are the rule, this suburban sub-

division area has been a desirable  place to live in the Grand Rapids home

market for many years. 

                          Hidden Hills, Cascade Township

                     Neighborhood Real Estate Market Report

                                          August 2009

                      4 For Sale, 7 Sold, 3 Pending, 3 Expired

Hidden Hills Active Listings 4

Hidden Hills Average Active Price: $ 432,475

Hidden Hills Average Active Price Per Sq Ft: $ 147.46

Hidden Hills Active Average Days on Market: 77

Hidden Hills Sold Homes 7

Hidden Hills Average SOLD Price: $ 232,500

Hidden Hills Average SOLD Price Per Sq Ft: $ 102.93

Hidden Hills Average SOLD Days on the Market: 54

Hidden Hills Pending Homes: 3

Hidden Hills Expired Homes: 3

Hidden Hills Average Expired Price: $ 336,567

Hidden Hills Average Expired Price Per Sq Ft: $127.98

Hidden Hills Average Expired Days on the Market: 174

The current absorption rate is  1.6 months, which means we have

 a 1.6 month supply of homes in the Hidden Hills market, IF no new

 homes enter the market and homes sell at the current rate. 

MARKET SYNOPSIS: Hidden Hills average SOLD home price has

bounced back somewhat from this spring's lows of under $90 a square

foot.  Time on the market has decreased slightly and 16 homes have

 sold since the first of the year.  Prices are still below market highs of

a few years ago but this is still a popular place to live in the the

Forest Hills School District.

 

Forest Hills School District Average Sold Home Prices last 5 years: 

2008 - $ 279,709

2007 - $ 269,445

2006 - $ 300,691

2005 - $ 282,173

2004 - $ 268,072

 

Forest Hills Michigan Real Estate  2009

 

 

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly. 

Grand Rapids - Ada Real Estate - Westbrook Realty

Copyright 2009  All rights reserved

photo of Leslie E Tassell Park by Bonnie Westbrook

Cascade Neighborhood Absorption Report

Caravelle Village is an established subdivision built in the late 1960's

 and 1970's just south of Burton Street, east of Kraft Avenue and west

of Cascade Road in Cascade Township.  These Grand Rapids Homes

have the traditional mix of two stories, tri-levels and ranches.  A desirable

place to live with median priced homes, Forest Hills Schools, and close to

28th shopping and restaurants. Originally built by a variety of builders, the

 homes here are quality construction in a safe neighborhood and close to

the historic village of Cascade and 28th Street shopping.

           Caravelle Village Residential Real Estate

                       August 2009 Market Report

                   4 For Sale, 3 SOLD, 0 Pending, 1 Expired

Caravelle Village Active Listings: 4

Caravelle Village Average Active Price - $ 170,075

Caravelle Village Average Active Price/Sq Ft - $ 127.28

Caravelle Village Average Days on the Market - 279

Caravelle Village SOLD Listings: 3

Caravelle Village Average Sold Price - $ 176,000

Caravelle Village Average Sold price/SqFt - $ 111.30

Caravelle Village Average Sold Days on the Market - 74

Caravelle Village Pending Listings: 0

Caravelle Village Expired Listings: 1

At the current rate of sales, we have a 10.66 month supply of homes in

Caravelle Village, if no new homes come on the market.

MARKET SYNOPSIS: Only 3 homes have sold in Caravelle Village since

January of this year.  The average listed price has dropped about $17K

from last year, but buyers are still reluctant.

This has been a popular area for home buyers, but your home must be

 in top notch condition and priced to sell in today's market.  Note the difference

between average list price/sq ft and average sold price/sq ft above, this tells

the whole story.

 

Forest Hills Michigan Neighborhood Real Estate Market 2009

Grand Rapids -Ada Real Estate - Westbrook Realty

 Copyright 2009  All rights reserved

photo of Tassell Park at the Thornapple River by Bonnie Westbrook