NOT LISTED FOR SALE

1005 Lake Grove Ave SE Grand Rapids, MI 49506

Estimated Value: $1,181,000 - $1,248,000

5 Beds
3.5 Baths
3,416 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $1,130,000 $331 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,988/month

16 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Mud Room
  • East Grand Rapids High School Rated A
  • Wood Flooring
  • Porch

About This Home

As of August 2024

Welcome to this stunning home in the heart of East Grand Rapids, just a short stroll from Gaslight Village and the scenic Reeds Lake walking trails. This residence invites you in with its expansive covered front porch. As you step inside, you'll be captivated by the living room's exquisite tray ceiling details, hardwood floors, and cozy gas fireplace. The open concept design seamlessly connects the living area to the dining room and gourmet kitchen. The kitchen is a chef's dream, featuring a large center island with granite countertops, intricate tile detail behind the stove, and a spacious pantry for all your storage needs. A home office and half bath complete the main floor. Upstairs, you'll find four generously sized bedrooms, including a luxurious primary suite. The primary suite boasts a spa-like bathroom and an expansive walk-in closet. The convenience of an upstairs laundry room and an additional full bath enhances the functionality of this level. The fully finished basement offers a versatile recreation space, a fifth bedroom, a full bath, and ample storage. This area is perfect for entertaining or accommodating guests. Step outside to discover your personal oasis in the large backyard. Enjoy the double paver block patio with a built-in fire pit and a newer hot tub spa, ideal for relaxation and gatherings. Located in the prestigious East Grand Rapids school district, this home is perfectly situated for convenience and community.

Last Agent to Sell the Property

Kyle Visser

ReSIDE Grand Rapids License #6502432810 Listed on: 06/24/2024

Last Buyer's Agent

Samantha Garrett

ReSIDE Grand Rapids License #6501434734

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,401

Year Built

  • Built in 2016

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 48 x 200
  • Shrub
  • Level Lot
  • Sprinkler System
  • Garden
  • Back Yard Fenced
  • Property is zoned R-2, R-2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Mud Room
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Spa
  • Patio
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,401

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2016
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48 x 200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3416.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 19400.81
  • Tax Info:Zoning3: R-2
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Garden Area: Yes
  • Additional Items:Hot Tub Spa: Yes
  • Additional Items:Ensuite: Yes
  • General Property Info:SqFt Above Grade: 2400.0
  • Additional Items:Basement Finished: Yes
  • Laundry Features Upper Level: Yes
  • Laundry Features In Hall: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Security Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Garage Door Opener, Hot Tub Spa, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 3416.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1016.0
  • Basement Rooms:Total Basement SQFT: 1200.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1016.0

Exterior Features

  • Construction Materials: HardiPlank Type
  • Fencing: Fenced Back
  • List Price: 1190000.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Door Opener, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Garage Door Opener2: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Hall, Upper Level
  • Security Features: Security System
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 48 x 200
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19400.81
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Sep 19, 2024
Sold by
Sullivan Kevin and Sullivan Kevin T
Bought by
Kevin T Sullivan Trust and Sullivan
Seller's Agent
Kyle Visser
ReSIDE Grand Rapids
Buyer's Agent
Samantha Garrett
ReSIDE Grand Rapids
List Price
$1,250,000
Sold Price
$1,130,000
Premium/Discount to List
-$120,000
-9.6%
Views
34
Current Estimated Value
$1,169,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,369
Avg. Annual Appreciation
6.99%
Original Mortgage
$766,550
Outstanding Balance
$759,364
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$449,629

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 12, 2024
Sold by
Colombo David F and Colombo Tianna M
Bought by
Sullivan Kevin
Seller's Agent
Kyle Visser
ReSIDE Grand Rapids
Buyer's Agent
Samantha Garrett
ReSIDE Grand Rapids
List Price
$1,250,000
Sold Price
$1,130,000
Premium/Discount to List
-$120,000
-9.6%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$759,364
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$449,629

Purchase Details

Closed on
Mar 9, 2019
Sold by
Korcek Daniel and Korcek Sharon
Bought by
Colombo David F and Colombo Tianna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 1, 2017
Sold by
Cannon Construction Group Inc
Bought by
Korcek Daniel and Korcek Sharon

Purchase Details

Closed on
May 7, 2016
Sold by
Korcek Daniel and Korcek Sharon
Bought by
Cannon Construction Group Inc

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 14, 2016
Sold by
Warren John Malcolm
Bought by
Korcek Daniel and Korcek Sharon
Seller's Agent
Denise Sherwood
Sherwood Realty
Buyer's Agent
Robert Steffens
Five Star Real Estate (Main)
List Price
$129,900
Sold Price
$166,000
Premium/Discount to List
$36,100
27.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.03%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Nov 20, 2015
Sold by
Warren John Malcolm
Bought by
Warren John Malcolm
Seller's Agent
Denise Sherwood
Sherwood Realty
Buyer's Agent
Robert Steffens
Five Star Real Estate (Main)
List Price
$129,900
Sold Price
$166,000
Premium/Discount to List
$36,100
27.79%

Purchase Details

Closed on
Jul 18, 2003
Sold by
Rucker Robert J and Rucker Olivia H
Bought by
Rucker Olivia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2001
Sold by
Rucker Olivia H
Bought by
Pillar Group Development Llc

Purchase Details

Closed on
Dec 23, 1997
Sold by
Rucker Robert and Rucker Olivia
Bought by
Rucker Robert and Rucker Olivia
Source: Public Records

Range of Values:

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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
Kevin T Sullivan Trust -- None Listed On Document
Sullivan Kevin $1,130,000 None Listed On Document
Colombo David F $699,900 Sun Title Agency Of Mi Llc
Korcek Daniel -- None Available
Cannon Construction Group Inc -- None Available
Korcek Daniel $166,000 Sun Title Agency Of Mi Llc
Warren John Malcolm -- Attorney
Rucker Olivia H -- --
Pillar Group Development Llc $96,500 Attorney
Rucker Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Kevin $766,550
Previous Owner Colombo David F $200,000
Previous Owner Colombo David F $625,000
Previous Owner Colombo David F $629,000
Previous Owner Colombo David F $600,000
Previous Owner Rucker Olivia H $78,053
Previous Owner Rucker Olivia H $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $1,130,000 -5.0% $331 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $1,190,000 -4.8% $348 / Sq Ft
06/24/2024 06/24/24 For Sale $1,250,000 +653.0% $366 / Sq Ft
01/15/2016 01/15/16 Sold $166,000 +27.8% $123 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $129,900 -- $96 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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
2025 $19,033 $569,700 $0 $0
2024 $19,033 $515,000 $0 $0
2023 $18,152 $467,600 $0 $0
2022 $18,547 $394,800 $0 $0
2021 $18,075 $375,500 $0 $0
2020 $17,183 $378,300 $0 $0
2019 $16,840 $345,400 $0 $0
2018 $22,492 $335,900 $0 $0
2017 $23,820 $116,500 $0 $0
2016 $3,579 $102,300 $0 $0
2015 -- $102,300 $0 $0
2013 -- $91,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24031515

Southwestern Michigan Association of REALTORS®

APN: 41-14-34-352-022