NOT LISTED FOR SALE

1225 Ridgebrook Ct SE Grand Rapids, MI 49508

Ridgebrook Neighborhood

Estimated Value: $367,000 - $420,000

4 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold November 20, 2012

Last sale price $27,000

Est. 1,320% increase in value since last sale

Current estimated payment $2,412/month

205 Days on Market

About This Home

As of November 2012

Kentwood duplex for sale! Both units have living room, kitchen, dining area w/ slider to back, 2 bedrooms, 1 bathroom, 1-stall attached garage and full basement. Call today for your showing! All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed. Buyer responsible for any de-winterization and re-winterization fees, if applicable.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 03/20/2012

Bellabay Realty LLC

Last Buyer's Agent

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 03/20/2012

Bellabay Realty LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1969

Lot Details

  • 0.32 Acre Lot

Parking

  • 2 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas
  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 34900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13939.0
  • Zoning Description: R2

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3371.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2017
Sold by
Ng Nelson and Ng Kin Wah Welson
Bought by
Raintree Management Llc
Current Estimated Value
$383,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2015
Sold by
Raintree Management Llc
Bought by
Ng Kin Wah Nelson

Purchase Details

Listed on
Mar 20, 2012
Closed on
Oct 29, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Raintree Management Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Michael Balsitis
Bellabay Realty LLC
List Price
$59,900
Sold Price
$27,000
Premium/Discount to List
-$32,900
-54.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.83%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 24, 2011
Sold by
Brown Chris
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 26, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 21, 2010
Sold by
Brown Chris
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 7, 2005
Sold by
Vanoyen Michael and Vanoyen Sharon
Bought by
Brown Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
Sold by
Kamminga Chad A and Kamminga Heidi S
Bought by
Vanoyen Michael and Vanoyen Sharon

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
7.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Raintree Management Llc -- None Available
Ng Kin Wah Nelson -- None Available
Raintree Management Llc $27,000 None Available
Nationstar Mortgage Llc -- None Available
Aurora Loan Services Llc $191,485 None Available
Aurora Loan Services Llc -- None Available
Mortgage Electronic Registration Systems $170,357 None Available
Brown Chris $169,900 --
Vanoyen Michael $151,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Kin Wah Nelson $124,500
Closed Raintree Management Llc $90,900
Closed Raintree Management Llc $90,900
Previous Owner Brown Chris $152,000
Previous Owner Brown Chris $31,500
Previous Owner Brown Chris $135,920
Previous Owner Vanoyen Michael $100,000
Closed Brown Chris $33,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $27,000 -54.9% --
10/11/2012 10/11/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $59,900 -- --
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 $3,863 $187,100 $0 $0
2024 $3,863 $168,400 $0 $0
2023 $4,761 $162,400 $0 $0
2022 $4,517 $112,200 $0 $0
2021 $4,408 $106,900 $0 $0
2020 $3,176 $96,200 $0 $0
2019 $4,294 $86,600 $0 $0
2018 $4,200 $77,000 $0 $0
2017 $4,098 $72,200 $0 $0
2016 $3,999 $67,400 $0 $0
2015 $3,574 $67,400 $0 $0
2013 -- $64,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2012

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    1 in this area

    34 Total Sales

    Michael Balsitis
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12014828

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-406-005

Michigan Kent County Grand Rapids 49508 Ridgebrook

1225 Ridgebrook Ct SE, Grand Rapids, MI

This home is located at 1225 Ridgebrook Ct SE, Grand Rapids, MI 49508 since 20 March 2012 and is currently estimated at $383,535. This property was built in 1969. 1225 Ridgebrook Ct SE is a home located in Kent County with nearby schools including Glenwood Elementary School, Valleywood Middle School, and East Kentwood Freshman Campus.

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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