NOT LISTED FOR SALE

1250 Lake Dr SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $655,000 - $853,227

7 Beds
6 Baths
4,701 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $330,000 $70 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,558/month

Highlights

  • Colonial Architecture
  • Corner Lot: Yes
  • Porch
  • Recreation Room
  • 2 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of May 2017

This home is located at 1250 Lake Dr SE, Grand Rapids, MI 49506 since 05 May 2017 and is currently estimated at $739,807, approximately $157 per square foot. This property was built in 1912. 1250 Lake Dr SE is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills High School.

Last Agent to Sell the Property

Timothy Calderone

J Buckley and Assoc. Inc. Listed on: 05/05/2017

Last Buyer's Agent

Timothy Calderone

J Buckley and Assoc. Inc. Listed on: 05/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1912

Lot Details

  • 7,069 Sq Ft Lot
  • Lot Dimensions are 70 x 101
  • Corner Lot: Yes

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,701 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Heating System Uses Steam
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,710

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1912
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70 x 101
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 4701.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2710.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: Yes
  • Water Heater:Natural Gas4: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Steam: Yes
  • General Property Info:SqFt Above Grade: 4700.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Basement: Full
  • LivingArea: 4701.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 900.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 330000.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Steam
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 70 x 101
  • Lot Size Sq Ft: 7069.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2710.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2017
Sold by
Limmex Terrance and Limmex Terrace G
Bought by
Silk Stacy L
Current Estimated Value
$739,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$326,077
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$414,379

Purchase Details

Listed on
May 5, 2017
Closed on
May 4, 2017
Sold by
Limmex Terrace and Limmex Sandra
Bought by
Silk Stacy L
Seller's Agent
Timothy Calderone
J Buckley and Assoc. Inc.
Buyer's Agent
Timothy Calderone
J Buckley and Assoc. Inc.
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 21, 2016
Sold by
Stevens Maryanne and Stevens Donald
Bought by
Limmex Terrance and Limmex Sandra
Seller's Agent
Joe Loftis
Coldwell Banker Schmidt Realtors
Buyer's Agent
Joe Loftis
Coldwell Banker Schmidt Realtors
List Price
$369,900
Sold Price
$215,000
Premium/Discount to List
-$154,900
-41.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.10%

Purchase Details

Closed on
Jan 21, 1994

Purchase Details

Closed on
Mar 10, 1983
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
Silk Stacy L $330,000 First American Title
Silk Stacy L -- None Available
Limmex Terrance $215,000 Attorney
-- -- --
-- $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silk Stacy L $125,000
Closed Silk Stacy $81,000
Closed Silk Stacy L $87,000
Closed Silk Stacy L $45,000
Open Silk Stacy L $388,000
Previous Owner Stevens Donald $60,000
Previous Owner Stevens Donald $60,000
Closed Silk Stacy L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $330,000 0.0% $70 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $330,000 +53.5% $70 / Sq Ft
10/21/2016 10/21/16 Sold $215,000 -41.9% $80 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $369,900 -- $137 / 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 $7,397 $410,300 $0 $0
2024 $7,397 $360,300 $0 $0
2023 $7,085 $334,000 $0 $0
2022 $7,125 $288,200 $0 $0
2021 $6,967 $263,000 $0 $0
2020 $7,762 $228,600 $0 $0
2019 $8,056 $206,100 $0 $0
2018 $6,736 $193,600 $0 $0
2017 $5,370 $185,700 $0 $0
2016 $4,526 $174,000 $0 $0
2015 $2,779 $174,000 $0 $0
2013 -- $164,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Timothy Calderone

    J Buckley and Assoc. Inc.

  • Joe Loftis

    Seller's Agent in 2016

    Joe Loftis

    Coldwell Banker Schmidt Realtors

    (616) 450-8303

    37 Total Sales

    Joe Loftis
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17020492

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-455-017

Michigan Kent County Grand Rapids 49506 Eastown

1250 Lake Dr SE, Grand Rapids, MI

This home is located at 1250 Lake Dr SE, Grand Rapids, MI 49506 since 05 May 2017 and is currently estimated at $739,807, approximately $157 per square foot. This property was built in 1912. 1250 Lake Dr SE is a home located in Kent County with nearby schools including Congress Elementary, 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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