NOT LISTED FOR SALE

1022 Lake Grove Ave SE Grand Rapids, MI 49506

Estimated Value: $503,000 - $566,298

3 Beds
1.5 Baths
1,404 Sq Ft
$378/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $330,000 $235 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,561/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Forced Air Heating System
  • East Grand Rapids High School Rated A
  • 2 Car Detached Garage

About This Home

As of June 2020

This home is located at 1022 Lake Grove Ave SE, Grand Rapids, MI 49506 since 12 June 2020 and is currently estimated at $530,075, approximately $377 per square foot. This property was built in 1948. 1022 Lake Grove Ave SE is a home located in Kent County with nearby schools including East Grand Rapids High School, St. Stephen School, and Grand Rapids Christian School - Iroquois.

Last Agent to Sell the Property

Brandi Harr

Reeds Realty Listed on: 06/12/2020

Co-Listed By

Nathan Harr

Reeds Realty

Last Buyer's Agent

Brandi Harr

Reeds Realty Listed on: 06/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,529

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43x120

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,529

Year Built

Built in 1948

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: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 43X120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1404.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5529.01
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1404.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space, Full
  • LivingArea: 1404.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 572.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 330000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 43X120
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5529.01
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 12, 2020
Sold by
Nellist James and Nellist Chelsea
Bought by
Wint Drew and Wint Kathleen A
Seller's Agent
Brandi Harr
Reeds Realty
Buyer's Agent
Brandi Harr
Reeds Realty
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$530,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,075
Avg. Annual Appreciation
9.35%
Original Mortgage
$264,000
Outstanding Balance
$234,016
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$296,059

Purchase Details

Listed on
Feb 24, 2016
Closed on
Aug 1, 2016
Sold by
Verlee Jonathan D and Verlee Kerrie
Bought by
Nellist Chelsea and Nellist James
Seller's Agent
Richard Stoudt
Carini & Associates Realtors
Buyer's Agent
Richard Stoudt
Carini & Associates Realtors
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$202,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2011
Sold by
Termaat Nathaniel and Termaat Ali
Bought by
Verlee Jonathan D and Verlee Kerrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Rosendall Dean and Rosedall Frederick Dean
Bought by
Valley Side Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.45%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 29, 1991
Bought by
Gordon Jeffrey B and Verlee Jonathan D
Source: Public Records

Range of Values:

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Average Value
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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
Wint Drew $330,000 Pathway Title Agency Llc
Nellist Chelsea $225,000 Lighthouse Title Inc
Verlee Jonathan D $150,100 Midstate Title Agency Llc
Valley Side Construction $160,000 Chicago Title
Termaat Nathaniel $225,000 Chicago Title
Gordon Jeffrey B $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wint Drew $264,000
Previous Owner Nellist Chelsea $202,500
Previous Owner Verlee Jonathan D $110,000
Previous Owner Termaat Nathaniel $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $330,000 0.0% $235 / Sq Ft
06/12/2020 06/12/20 For Sale $330,000 +46.7% $235 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
08/01/2016 08/01/16 Sold $225,000 -21.1% $160 / Sq Ft View Prior Sale
06/09/2016 06/09/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $285,000 -- $203 / 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 $8,997 $259,700 $0 $0
2024 $8,997 $233,300 $0 $0
2023 $9,107 $212,400 $0 $0
2022 $6,895 $146,500 $0 $0
2021 $6,349 $131,900 $0 $0
2020 $5,228 $131,200 $0 $0
2019 $5,530 $120,000 $0 $0
2018 $5,441 $110,300 $0 $0
2017 $5,377 $105,400 $0 $0
2016 $4,235 $90,900 $0 $0
2015 -- $90,900 $0 $0
2013 -- $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandi Harr

    Seller's Agent in 2020

    Brandi Harr

    Reeds Realty

    (616) 634-4004

    3 in this area

    249 Total Sales

    Brandi Harr
    Section Image
  • Nathan Harr

    Seller Co-Listing Agent in 2020

    Nathan Harr

    Reeds Realty

    (616) 460-2057

    6 in this area

    303 Total Sales

    Nathan Harr
    Section Image

  • R

    Seller's Agent in 2016

    Richard Stoudt

    Carini & Associates Realtors

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20021757

Southwestern Michigan Association of REALTORS®

APN: 41-14-34-356-005

Michigan Kent County Grand Rapids 49506

1022 Lake Grove Ave SE, Grand Rapids, MI

This home is located at 1022 Lake Grove Ave SE, Grand Rapids, MI 49506 since 12 June 2020 and is currently estimated at $530,075, approximately $377 per square foot. This property was built in 1948. 1022 Lake Grove Ave SE is a home located in Kent County with nearby schools including East Grand Rapids High School, St. Stephen School, and Grand Rapids Christian School - Iroquois.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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