NOT LISTED FOR SALE

10 Commerce Ave SW Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $286,000

-- Bed
1 Bath
477 Sq Ft
$600/Sq Ft Est. Value

About This Home

This home is located at 10 Commerce Ave SW, Grand Rapids, MI 49503 and is currently priced at $286,000, approximately $599 per square foot. 10 Commerce 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
Dec 23, 2021
Sold by
Two West Fulton Ii Llc
Bought by
Fulton Gallery Apartments Llc
Current Estimated Value
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,827,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2013
Sold by
Two Weston Fulton Llc
Bought by
Two West Fulton Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,400,000
Interest Rate
4.25%
Mortgage Type
Commercial
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
Fulton Gallery Apartments Llc -- None Listed On Document
Two West Fulton Ii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Gallery Apartments Llc $9,350,000
Closed Fulton Gallery Apartments Llc $8,827,000
Previous Owner Two West Fulton Ii Llc $7,400,000
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 $206,662 $5,101,700 $0 $0
2023 $204,995 $4,452,100 $0 $0
2022 $194,832 $3,757,300 $0 $0
2021 $152,768 $3,731,400 $0 $0
2020 $147,651 $3,731,400 $0 $0
2019 $151,176 $3,575,100 $0 $0
2018 $146,551 $3,158,000 $0 $0
2017 $142,960 $2,846,700 $0 $0
2016 $143,659 $2,717,600 $0 $0
2015 $136,878 $2,717,600 $0 $0
2013 -- $2,635,200 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

10 Commerce Ave SW, Grand Rapids, MI

This home is located at 10 Commerce Ave SW, Grand Rapids, MI 49503 and is currently priced at $286,000, approximately $599 per square foot. 10 Commerce 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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