1027 Merritt St SE Grand Rapids, MI 49507
Alger Heights Neighborhood
2
Beds
1
Bath
926
Sq Ft
5,000
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Porch
- Recreation Room
- 1 Car Detached Garage
- 2-minute walk to Cheseboro Park
About This Home
As of August 2020Alger Heights 2 bedroom bungalow within walking distance to neighborhood park. Original wood flooring, all appliances included. Partially finished basement with large recreation room for additional living space. Great location near parks, restaurants, hardware, groceries and library.
Last Agent to Sell the Property
Five Star Real Estate (Grandv) License #6502403840 Listed on: 05/09/2016
Last Buyer's Agent
Kayla Tucker
Keller Williams Realty Rivertown License #6501390057
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,237
Year Built
- Built in 1941
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 40 x 125
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Composition Roof
- Vinyl Siding
Interior Spaces
- 926 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Recreation Room
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,301
Avg. Annual Appreciation
7.52%
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
Similar Homes in Grand Rapids, MI
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $151,000 | First American Title | |
| Warranty Deed | $151,000 | First American Title Ins Co | |
| Warranty Deed | $139,900 | First American Title Ins Co | |
| Warranty Deed | $98,000 | Star Title Agency Llc | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $92,500 | Metropolitan Title Co | |
| Interfamily Deed Transfer | -- | Fatic | |
| Warranty Deed | $48,400 | -- | |
| Deed | $64,000 | -- | |
| Deed | $28,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,470 | New Conventional | |
| Closed | $146,470 | New Conventional | |
| Previous Owner | $135,703 | New Conventional | |
| Previous Owner | $96,224 | FHA | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $92,500 | Purchase Money Mortgage | |
| Previous Owner | $20,000 | Credit Line Revolving |
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
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
-
R
Buyer's Agent in 2020
Robin Dawson
Five Star Real Estate (M6)
(616) 293-4079
1 in this area
22 Total Sales
-
Seller's Agent in 2016
Sam Sterk
Five Star Real Estate (Grandv)
(616) 437-3260
206 Total Sales
-
J
Seller Co-Listing Agent in 2016
Jon Hoezee
Five Star Real Estate (Grandv)
(616) 443-9869
11 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 16021548
APN: 41-18-08-126-019
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