NOT LISTED FOR SALE

1-7 Ionia Ave SW Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood
-- Bed
-- Bath
23,410 Sq Ft
5,401 Sq Ft Lot

About This Home

This home is located at 1-7 Ionia Ave SW, Grand Rapids, MI 49503. 1-7 Ionia Ave SW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Ionia Ventures Llc
Bought by
Ionia Ventures Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Outstanding Balance
$4,937,038
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Lavene Charles and Lavene Phyllis
Bought by
Bernard Ainslie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 1982
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ionia Ventures Holdings Llc -- None Available
Bernard Ainslie Llc -- --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ionia Ventures Holdings Llc $5,500,000
Closed Seven Ionia Ventures Llc $4,150,000
Closed Seven Ionia Ventures Llc $850,000
Closed Bernard Ainslie Llc $1,000,000
Source: Public Records

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 $68,059 $1,745,900 $0 $0
2023 $67,510 $1,579,200 $0 $0
2022 $64,163 $1,444,500 $0 $0
2021 $62,517 $1,435,300 $0 $0
2020 $60,423 $1,435,300 $0 $0
2019 $55,589 $1,305,000 $0 $0
2018 $55,589 $1,156,200 $0 $0
2017 $54,227 $1,090,000 $0 $0
2016 $54,492 $1,090,000 $0 $0
2015 $51,920 $1,090,000 $0 $0
2013 -- $879,300 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

1-7 Ionia Ave SW, Grand Rapids, MI

This home is located at 1-7 Ionia Ave SW, Grand Rapids, MI 49503. 1-7 Ionia Ave SW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

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