NOT LISTED FOR SALE

1240 Dunham St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $352,000 - $420,000

4 Beds
1.5 Baths
1,691 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $40,000 $24 Per Sq Ft

Est. 866% increase in value since last sale

Current estimated payment $2,414/month

21 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of November 2015

Land Bank Home. Eastown Fixer-Upper. HUGE house! 4 bdrms and a walk-up attic plus full basement and 2 car garage! Don't miss this one!
Seller will not respond to offers until the home has been on the market for 20 days. Offers must include a written renovation plan, written statement regarding the ability of the buyer to complete the renovations, and proof of financing to complete the purchase and renovation. Buyers cannot be in arrears for property taxes with the local unit of government on any other real estate. Buyers must complete the basic requirements for the Grand Rapids Certificate of Compliance for occupancy. The intent is to ensure public health, safety and welfare of occupants. Sale is subject to seller receiving clear title. Closing not able to occur until after October 1

Last Agent to Sell the Property

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 08/11/2015

Last Buyer's Agent

Joshua Shaub

Icon Realty Group LLC License #6502398672

Icon Realty Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Property is zoned LDR, LDR

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 1,691 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1919
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 40x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1691.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1550.0
  • Tax Info:Zoning3: LDR
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Natural Gas4: Yes
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Roofing:Rubber: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1691.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 933.0

Exterior Features

  • Construction Materials: Brick, Stucco
  • List Price: 50000.0
  • Roof: Composition, Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x124
  • Lot Size Sq Ft: 4960.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1550.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2015
Closed on
Nov 6, 2015
Sold by
Kent County Land Bank Authority
Bought by
Schaub Joshua J
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Joshua Shaub
Icon Realty Group LLC
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$386,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,378
Avg. Annual Appreciation
25.18%
Original Mortgage
$120,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Jan 14, 2009
Sold by
Hardley Allace M
Bought by
Accredited Home Lenders Inc

Purchase Details

Closed on
Apr 29, 1994
Sold by
Black Black G G and Black Hardley A
Bought by
Hardley Allace M

Purchase Details

Closed on
Apr 28, 1994
Sold by
Tryon Tryon J J and Tryon Black G
Bought by
Hardley Allace M
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
Schaub Joshua J $40,000 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Accredited Home Lenders Inc $16,150 None Available
Hardley Allace M $40,900 --
Hardley Allace M $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaub Joshua J $128,250
Closed Schaub Joshua $129,000
Closed Schaub Joshua J $120,000
Previous Owner Hardley Allace M $59,500
Previous Owner Hardley Allace M $17,000
Previous Owner Hardley Allace M $59,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $40,000 -20.0% $24 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $50,000 -- $30 / 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 $4,482 $178,600 $0 $0
2024 $4,482 $165,600 $0 $0
2023 $4,284 $151,800 $0 $0
2022 $4,226 $124,200 $0 $0
2021 $4,117 $114,700 $0 $0
2020 $3,979 $108,500 $0 $0
2019 $4,074 $94,200 $0 $0
2018 $3,950 $87,000 $0 $0
2017 $3,853 $70,200 $0 $0
2016 $3,755 $63,900 $0 $0
2015 $1,856 $63,900 $0 $0
2013 -- $60,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Charboneau

    Seller's Agent in 2015

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    89 Total Sales

    Randy Charboneau
    Section Image

  • J

    Buyer's Agent in 2015

    Joshua Shaub

    Icon Realty Group LLC

    (616) 216-2000

    73 Total Sales

    Joshua Shaub
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15043434

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-253-012

Michigan Kent County Grand Rapids 49506 Eastown

1240 Dunham St SE, Grand Rapids, MI

This home is located at 1240 Dunham St SE, Grand Rapids, MI 49506 since 11 August 2015 and is currently estimated at $386,378, approximately $228 per square foot. This property was built in 1919. 1240 Dunham 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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