NOT LISTED FOR SALE

1248 Lafayette Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $183,049 - $213,000

3 Beds
2 Baths
1,573 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $31,501 $20 Per Sq Ft

Est. 537% increase in value since last sale

Current estimated payment $1,256/month

14 Days on Market

Highlights

  • Recreation Room
  • Porch
  • Forced Air Heating System
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of October 2016

Located close to downtown Grand Rapids, this two story home has three bedrooms and two full baths. All three bedrooms are on the upper level, with the potential of a fourth bedroom. This home features a fireplace in the living room, an enclosed front porch. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 09/07/2016

Bellabay Realty LLC

Last Buyer's Agent

Cristi Brophy

Coldwell Banker Woodland Schmidt ART Office License #6501372915

Coldwell Banker Woodland Schmidt ART Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 41 x 116
  • Property is zoned Res Imp, Res Imp

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,573 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

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

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1573.0
  • Basement Rooms:Total Basement SQFT: 805.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Porch(es)
  • List Price: 31000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 41 x 116
  • Lot Size Sq Ft: 4748.0
  • Zoning Description: Res Imp
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 789.03
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 6, 2016
Sold by
Reverse Mortgage Solutions Inc
Bought by
1248 Lafayette Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Cristi Brophy
Coldwell Banker Woodland Schmidt ART Office
List Price
$31,000
Sold Price
$31,501
Premium/Discount to List
$501
1.62%
Total Days on Market
14
Current Estimated Value
$200,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,261
Avg. Annual Appreciation
23.94%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Dannah Ida Bee
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Mar 18, 1991
Bought by
Dannah Ida Bee and Dannah Ida Bee
Source: Public Records

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Range of Values:

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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
1248 Lafayette Llc $31,501 Attorney
Reverse Mortgage Solutions Inc $26,000 Attorney
Dannah Ida Bee -- --
Dannah Ida Bee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dannah Ida Bee $49,500
Previous Owner Dieterich Andrea Jo $8,761
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $31,501 +1.6% $20 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $31,000 -- $20 / 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
2024 $1,553 $76,300 $0 $0
2023 $1,540 $63,400 $0 $0
2022 $1,464 $54,400 $0 $0
2021 $1,426 $43,500 $0 $0
2020 $1,418 $35,600 $0 $0
2019 $1,411 $30,000 $0 $0
2018 $1,368 $26,500 $0 $0
2017 $1,335 $20,400 $0 $0
2016 $1,091 $22,400 $0 $0
2015 $738 $22,400 $0 $0
2013 -- $23,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2016

    Michael Balsitis

    Bellabay Realty LLC

    (616) 734-0800

    1 in this area

    39 Total Sales

    Michael Balsitis
    Section Image
  • Cristi Brophy

    Buyer's Agent in 2016

    Cristi Brophy

    Coldwell Banker Woodland Schmidt ART Office

    (616) 901-7556

    2 in this area

    94 Total Sales

    Cristi Brophy
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16046416

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-128-012

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1248 Lafayette Ave SE, Grand Rapids, MI

This home is located at 1248 Lafayette Ave SE, Grand Rapids, MI 49507 since 07 September 2016 and is currently estimated at $200,762, approximately $127 per square foot. This property was built in 1900. 1248 Lafayette Ave 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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