NOT LISTED FOR SALE

1027 Merritt St SE Grand Rapids, MI 49507

Alger Heights Neighborhood

Estimated Value: $201,000 - $232,883

2 Beds
2 Baths
976 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $151,000 $155 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,364/month

4 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Living Room
  • 1 Fireplace
  • Porch
  • 2-minute walk to Cheseboro Park

About This Home

As of August 2020

Come see this 2 bedroom, 2 full bathroom Alger Heights Bungalow that has a neighborhood park just at the corner of the block. This home has wood floors throughout the main level. The finished basement offers a full bathroom and an additional room that could become a 3rd bedroom with an addition of an egress window.

The backyard is open and provides access to the single stall garage. Come see this home soon because it won't last long!

Last Agent to Sell the Property

Kayla Tucker

Keller Williams Realty Rivertown License #6501390057 Listed on: 07/09/2020

Keller Williams Realty Rivertown

Last Buyer's Agent

Robin Dawson

Five Star Real Estate (M6) License #6501294056

Five Star Real Estate (M6)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1941

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,011

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1941
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 976.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 146900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x125
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1011.48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 18, 2020
Sold by
Dmya Davis
Bought by
Raymer Benjamin J and Mckellar Jessi N
Seller's Agent
Kayla Tucker
Keller Williams Realty Rivertown
Buyer's Agent
Robin Dawson
Five Star Real Estate (M6)
List Price
$146,900
Sold Price
$151,000
Premium/Discount to List
$4,100
2.79%
Current Estimated Value
$216,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,221
Avg. Annual Appreciation
7.70%
Original Mortgage
$146,470
Outstanding Balance
$130,865
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$85,356

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 30, 2019
Sold by
Mcelrath Lauren
Bought by
Davis Dmya
Seller's Agent
Kayla Tucker
Keller Williams Realty Rivertown
Buyer's Agent
Kayla Tucker
Keller Williams Realty Rivertown
List Price
$135,900
Sold Price
$139,900
Premium/Discount to List
$4,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$135,703
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 1, 2016
Sold by
Arnsman Jessica L and Fosmark Jessica L
Bought by
Mcelrath Lauren
Seller's Agent
Sam Sterk
Five Star Real Estate (Grandv)
Buyer's Agent
Kayla Tucker
Keller Williams Realty Rivertown
List Price
$94,900
Sold Price
$98,000
Premium/Discount to List
$3,100
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$96,224
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2004
Sold by
Lieber Stephanie
Bought by
Fosmark Jessica L

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Bentley Robin D
Bought by
Lieber Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Bentley Robin D and Persons Robin D
Bought by
Bentley Robin D and Persons Robin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 1995
Sold by
Babitz Babitz R R and Babitz Persons R
Bought by
Fosmark Persons R and Fosmark Jessica L

Purchase Details

Closed on
Apr 28, 1995
Bought by
Fosmark Turchan K and Fosmark Jessica L

Purchase Details

Closed on
Dec 5, 1985
Source: Public Records

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Range of Values:

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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
Raymer Benjamin J $151,000 First American Title
Raymer Benjamin J $151,000 First American Title Ins Co
Davis Dmya $139,900 First American Title Ins Co
Mcelrath Lauren $98,000 Star Title Agency Llc
Fosmark Jessica L $100,000 --
Lieber Stephanie $92,500 Metropolitan Title Co
Bentley Robin D -- Fatic
Fosmark Persons R $48,400 --
Fosmark Turchan K $64,000 --
-- $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymer Benjamin J $146,470
Closed Raymer Benjamin J $146,470
Previous Owner Davis Dmya $135,703
Previous Owner Mcelrath Lauren $96,224
Previous Owner Fosmark Jessica L $100,000
Previous Owner Lieber Stephanie $92,500
Previous Owner Bentley Robin D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $151,000 +2.8% $155 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $146,900 +5.0% $151 / Sq Ft
04/30/2019 04/30/19 Sold $139,900 +2.9% $143 / Sq Ft
04/04/2019 04/04/19 For Sale $135,900 +38.7% $139 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
07/01/2016 07/01/16 Sold $98,000 +3.3% $106 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $94,900 -- $102 / 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 $1,907 $95,600 $0 $0
2024 $1,907 $91,200 $0 $0
2023 $1,935 $64,600 $0 $0
2022 $1,837 $61,500 $0 $0
2021 $1,846 $52,800 $0 $0
2020 $1,540 $46,700 $0 $0
2019 $1,011 $42,200 $0 $0
2018 $977 $33,000 $0 $0
2017 $951 $26,700 $0 $0
2016 $1,298 $24,200 $0 $0
2015 $1,237 $24,200 $0 $0
2013 -- $27,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kayla Tucker

    Keller Williams Realty Rivertown

    (616) 288-3244

    1 in this area

    36 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Robin Dawson

    Five Star Real Estate (M6)

    (616) 293-4079

    1 in this area

    22 Total Sales

    Robin Dawson
    Section Image
  • Sam Sterk

    Seller's Agent in 2016

    Sam Sterk

    Five Star Real Estate (Grandv)

    (616) 437-3260

    212 Total Sales

    Sam Sterk
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jon Hoezee

    Five Star Real Estate (Grandv)

    (616) 443-9869

    11 Total Sales

    Jon Hoezee
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20026469

Southwestern Michigan Association of REALTORS®

APN: 41-18-08-126-019

Michigan Kent County Grand Rapids 49507 Alger Heights

1027 Merritt St SE, Grand Rapids, MI

This home is located at 1027 Merritt St SE, Grand Rapids, MI 49507 since 09 July 2020 and is currently estimated at $216,221, approximately $221 per square foot. This property was built in 1941. 1027 Merritt St SE is a home located in Kent County with nearby schools including Brookside Elementary School, 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.
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