NOT LISTED FOR SALE

1216 Bemis St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $319,000 - $351,000

4 Beds
1.5 Baths
1,618 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $57,750 $36 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $2,135/month

2 Days on Market

Highlights

  • Living Room
  • Wood Siding
  • 5-minute walk to Sigsbee Park
  • Forced Air Heating System

About This Home

As of September 2015

Cute 3 bed, 1.5 bath home with screened in front porch.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 09/16/2015

Bellabay Realty LLC

Last Buyer's Agent

Patrick Spitzley

Shor Homes LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1914

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Wood Siding

Interior Spaces

  • 1,618 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$824

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Bi-Level
  • Stories: 2
  • Year Built: 1914
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1618.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 824.45
  • Tax Info:Zoning3: Residential
  • 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
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1618.0
  • General Property Info Garage YN: No
  • Architectural Style:Bi-Level: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1618.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 70800.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

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: 40x125
  • Lot Size Sq Ft: 5009.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 824.45
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Aug 14, 2015
Sold by
The Bank Of New York Mellon
Bought by
Spitzley Group Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Patrick Spitzley
Shor Homes LLC
List Price
$70,800
Sold Price
$57,750
Premium/Discount to List
-$13,050
-18.43%
Current Estimated Value
$340,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,102
Avg. Annual Appreciation
19.13%

Purchase Details

Closed on
Jan 14, 2015
Sold by
Love Paul and Love Annie
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 15, 1998
Sold by
Ross Ross J J and Ross Love P
Bought by
Love P and Love Paul

Purchase Details

Closed on
Dec 10, 1982
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
Spitzley Group Llc $57,750 Attorney
The Bank Of New York Mellon $81,214 None Available
Love P -- --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spitzley Patrick $168,750
Closed Spitzley Patrick $168,750
Closed Spitzel Patrick $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2015 09/29/15 Sold $57,750 -18.4% $36 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $70,800 -- $44 / 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 $4,022 $155,200 $0 $0
2024 $4,022 $143,100 $0 $0
2023 $3,844 $130,500 $0 $0
2022 $3,791 $111,600 $0 $0
2021 $3,694 $103,100 $0 $0
2020 $3,571 $97,600 $0 $0
2019 $3,656 $86,000 $0 $0
2018 $3,544 $75,900 $0 $0
2017 $3,457 $61,000 $0 $0
2016 $3,263 $55,100 $0 $0
2015 $845 $55,100 $0 $0
2013 -- $55,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2015

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    34 Total Sales

    Michael Balsitis
    Section Image

  • P

    Buyer's Agent in 2015

    Patrick Spitzley

    Shor Homes LLC

    (616) 893-5602

    1 in this area

    28 Total Sales

    Patrick Spitzley
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15050056

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-207-005

Michigan Kent County Grand Rapids 49506 Eastown

1216 Bemis St SE, Grand Rapids, MI

This home is located at 1216 Bemis St SE, Grand Rapids, MI 49506 since 16 September 2015 and is currently estimated at $340,852, approximately $210 per square foot. This property was built in 1914. 1216 Bemis St SE is a home located in Kent County with nearby schools including Campus 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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