1005 Lake Grove Ave SE Grand Rapids, MI 49506
5
Beds
3.5
Baths
3,416
Sq Ft
9,583
Sq Ft Lot
Highlights
- Spa
- Traditional Architecture
- Mud Room
- East Grand Rapids High School Rated A
- Wood Flooring
- Porch
About This Home
As of August 2024Welcome 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.
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
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%
Total Days on Market
16
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,644
Avg. Annual Appreciation
1.47%
Original Mortgage
$766,550
Outstanding Balance
$762,687
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$379,933
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
$762,687
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$379,933
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
22.94%
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
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $1,130,000 | None Listed On Document | |
| Warranty Deed | $699,900 | Sun Title Agency Of Mi Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $166,000 | Sun Title Agency Of Mi Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- | |
| Sheriffs Deed | $96,500 | Attorney | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $766,550 | New Conventional | |
| Previous Owner | $200,000 | Balloon | |
| Previous Owner | $625,000 | New Conventional | |
| Previous Owner | $629,000 | New Conventional | |
| Previous Owner | $600,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $78,053 | New Conventional | |
| Previous Owner | $82,000 | Unknown |
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
| 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 | $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
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24031515
APN: 41-14-34-352-022
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