NOT LISTED FOR SALE

1025 Sherman St SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $191,000 - $272,000

3 Beds
1.5 Baths
1,241 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $22,000 $18 Per Sq Ft

Est. 887% increase in value since last sale

Current estimated payment $1,281/month

51 Days on Market

Highlights

  • Traditional Architecture
  • Bay Window
  • Wood Siding
  • Porch
  • Forced Air Heating System
  • 3-minute walk to Joe Taylor Park

About This Home

As of February 2015

Investors take note. Opportunity awaits in the Baxter neighborhood. Two story home ready for a new owner. Three bedrooms, one and a half baths, large living/dining area, enclosed front porch and a full basement. Quick turn around, no additional paperwork, reputable seller. Property sold in AS-IS condition. Seller to make no repairs/improvements. Bring your offer. CASH ONLY.

Last Agent to Sell the Property

Steven Elder

Coldwell Banker Schmidt Realtors Listed on: 12/29/2014

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Steven Elder

Coldwell Banker Schmidt Realtors Listed on: 12/29/2014

Coldwell Banker Schmidt Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,502 Sq Ft Lot
  • Lot Dimensions are 34 x 103

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,241 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 34 x 103
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1241.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 892.58
  • Tax Info:Zoning3: residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Water Heater:Natural Gas4: Yes
  • Windows:BayBow: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1241.0
  • Window Features: Bay/Bow
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 643.0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 24900.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 34 x 103
  • Lot Size Sq Ft: 3502.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 892.58
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Scott And Jessica Egeler Trust
Bought by
1025 Sherman St Llc
Current Estimated Value
$217,043

Purchase Details

Closed on
Jun 28, 2016
Sold by
Robert E Robison
Bought by
Collier Charles and Collier Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.56%

Purchase Details

Listed on
Dec 29, 2014
Closed on
Feb 27, 2015
Sold by
Spartan Equities High Yield Fund I Llc
Bought by
Egeler Scott M
Seller's Agent
Steven Elder
Coldwell Banker Schmidt Realtors
Buyer's Agent
Steven Elder
Coldwell Banker Schmidt Realtors
List Price
$24,900
Sold Price
$22,000
Premium/Discount to List
-$2,900
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.87%

Purchase Details

Closed on
Nov 5, 2014
Sold by
Moncrief Willie J and Moncrief Eddie Mae
Bought by
Spartan Equities High Yield Fund I Llc

Purchase Details

Closed on
Aug 21, 1981
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1025 Sherman St Llc -- Robert M Huff Varnum Llp
Scott And Jessica Egeler Trust -- Robert M Huff Tynissi Varnum L
Collier Charles -- --
Egeler Scott M $22,000 Leading Edge Title Agency
Spartan Equities High Yield Fund I Llc $22,000 None Available
-- $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collier Charles $100,000
Previous Owner Collier Charles --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $22,000 -11.6% $18 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $24,900 -- $20 / 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 $1,624 $85,800 $0 $0
2024 $1,624 $81,600 $0 $0
2023 $1,611 $76,200 $0 $0
2022 $1,473 $65,300 $0 $0
2021 $1,492 $53,300 $0 $0
2020 $1,442 $42,500 $0 $0
2019 $1,477 $35,700 $0 $0
2018 $1,431 $30,800 $0 $0
2017 $1,396 $18,800 $0 $0
2016 $1,006 $21,500 $0 $0
2015 $805 $21,500 $0 $0
2013 -- $20,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steven Elder

    Coldwell Banker Schmidt Realtors

    (616) 558-2332

    62 Total Sales

    Steven Elder
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14066956

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-132-032

Michigan Kent County Grand Rapids 49506 Baxter

1025 Sherman St SE, Grand Rapids, MI

This home is located at 1025 Sherman St SE, Grand Rapids, MI 49506 since 29 December 2014 and is currently estimated at $217,043, approximately $174 per square foot. This property was built in 1900. 1025 Sherman St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes