1055 Prospect Ave SE Grand Rapids, MI 49507
Southeast Community Association Neighborhood
4
Beds
1
Bath
1,589
Sq Ft
9,230
Sq Ft Lot
Highlights
- Traditional Architecture
- Replacement Windows
- Wood Siding
- Forced Air Heating System
- Level Lot
About This Home
As of December 2024This nice two story home located in Downtown Grand Rapids, sits on a DOUBLE LOT!! Home is on a quiet city street located within walking distance to a couple parks close by. This 4 bedroom home has so much to offer with 4 LARGE bedrooms, main floor laundry, and a very spacious backyard. Enjoy everything downtown living has to offer from the night life to great fancy restaurants, to the griffins hockey games, concerts, and all the amazing downtown events throughout the year. Not to mention it's very close to many hospitals, banks, museums, Rosa Parks Circle, The Van Andel Arena, the list goes on and on.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,196
Year Built
- Built in 1895
Lot Details
- 9,230 Sq Ft Lot
- Lot Dimensions are 84.70x109
- Level Lot
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 1,589 Sq Ft Home
- 2-Story Property
- Replacement Windows
- Basement
- Michigan Basement
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2024
Closed on
Dec 12, 2024
Sold by
Pawelka Walter
Bought by
Hawthorne William and Armour Rowan
Seller's Agent
Cheryl Grant
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Quentin Collins
Greenridge Realty (Cascade)
List Price
$199,900
Sold Price
$196,500
Premium/Discount to List
-$3,400
-1.7%
Views
22
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
-$303
Avg. Annual Appreciation
-0.26%
Original Mortgage
$10,000
Outstanding Balance
$9,947
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$186,250
Purchase Details
Listed on
Jul 27, 2024
Closed on
Aug 22, 2024
Sold by
Norberg Alan
Bought by
Pawelka Walter
Seller's Agent
Lily Force
Key Realty
Buyer's Agent
Elizabeth Grant
RE/MAX of Grand Rapids (FH)
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
138.94%
Purchase Details
Listed on
Oct 29, 2018
Closed on
Nov 30, 2018
Sold by
Dunn William
Bought by
Norberg Alan
Seller's Agent
Kenneth Jansen
Investor`s Choice-I
Buyer's Agent
frank boenzi
Bellabay Realty (SW)
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$98,188
Interest Rate
5.62%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 31, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2005-56
Purchase Details
Closed on
Nov 21, 2007
Sold by
Carter Amerson R
Bought by
Mortgage Electronic Registration Systems
Similar Homes in Grand Rapids, MI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $196,500 | Sun Title | |
| Warranty Deed | $196,500 | Sun Title | |
| Warranty Deed | $150,000 | Chicago Title | |
| Warranty Deed | $100,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $52,341 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | New Conventional | |
| Open | $190,605 | New Conventional | |
| Closed | $10,000 | New Conventional | |
| Previous Owner | $6,129 | New Conventional | |
| Previous Owner | $6,110 | New Conventional | |
| Previous Owner | $98,188 | FHA | |
| Previous Owner | $40,800 | Credit Line Revolving | |
| Previous Owner | $8,000 | Credit Line Revolving | |
| Previous Owner | $108,300 | New Conventional | |
| Previous Owner | $103,500 | Unknown | |
| Previous Owner | $85,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $196,500 | -1.7% | $115 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $199,900 | +33.3% | $117 / Sq Ft |
| 08/21/2024 08/21/24 | Sold | $150,000 | -18.9% | $94 / Sq Ft |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- |
| 07/27/2024 07/27/24 | For Sale | $185,000 | +85.0% | $116 / Sq Ft |
| 11/30/2018 11/30/18 | Sold | $100,000 | -16.6% | $59 / Sq Ft |
| 11/01/2018 11/01/18 | Pending | -- | -- | -- |
| 10/29/2018 10/29/18 | For Sale | $119,900 | -- | $71 / 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 | $1,175 | $84,400 | $0 | $0 |
| 2024 | $1,175 | $75,600 | $0 | $0 |
| 2023 | $1,126 | $62,400 | $0 | $0 |
| 2022 | $1,132 | $54,100 | $0 | $0 |
| 2021 | $1,107 | $44,200 | $0 | $0 |
| 2020 | $1,058 | $37,100 | $0 | $0 |
| 2019 | $1,108 | $31,500 | $0 | $0 |
| 2018 | $947 | $27,400 | $0 | $0 |
| 2017 | $1,175 | $21,700 | $0 | $0 |
| 2016 | $928 | $17,300 | $0 | $0 |
| 2015 | $884 | $17,300 | $0 | $0 |
| 2013 | -- | $17,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Grant
Seller's Agent in 2024
Cheryl Grant
RE/MAX Michigan
(616) 822-3206
1 in this area
142 Total Sales
-
Lily Force
Seller's Agent in 2024
Lily Force
Key Realty
(616) 723-4152
1 in this area
105 Total Sales
-
Elizabeth Grant
E
Seller Co-Listing Agent in 2024
Elizabeth Grant
RE/MAX Michigan
(616) 552-3042
2 in this area
64 Total Sales
-
Quentin Collins
Q
Buyer's Agent in 2024
Quentin Collins
Greenridge Realty (Cascade)
(616) 498-4825
1 in this area
7 Total Sales
-
Ingrid Nelson
I
Buyer Co-Listing Agent in 2024
Ingrid Nelson
Greenridge Realty (Cascade)
(616) 481-4292
1 in this area
100 Total Sales
-
K
Seller's Agent in 2018
Kenneth Jansen
Investor`s Choice-I
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24038796
APN: 41-14-31-378-040
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