NOT LISTED FOR SALE

1280 Kreiser Terrace SE Grand Rapids, MI 49506

Eastgate Neighborhood

Estimated Value: $352,000 - $389,000

3 Beds
2 Baths
1,381 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $282,000 $204 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,208/month

About This Home

As of March 2021

Beautifully updated 3 bedroom, 2 full bathroom ranch in a quiet neighborhood! Open concept living and kitchen space with vaulted ceilings, upgraded quartz counter tops, island, stainless steel appliances and modern lighting. Sliding door off the kitchen leads to the large fenced in backyard for easy entertaining. Basement offers finished bedroom with egress, 2nd Full Bath, and ample unfinished storage space with laundry. Location can't be beat! Less than 2 miles to Reeds Lake, Gaslight Village, Eastown and Breton Village Shopping Center! All Offers Due by 8:00p Sunday 3/14/21.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Mar 26, 2021
Sold by
Wilmers Stephen C and Wilmers Erika C
Bought by
Cheslek Ingrid
Seller's Agent
Steven Volkers
Steve Volkers Group - I
Buyer's Agent
Randy Reeds
Reeds Realty
List Price
$250,000
Sold Price
$282,000
Premium/Discount to List
$32,000
12.8%
Current Estimated Value
$373,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,139
Avg. Annual Appreciation
5.57%
Original Mortgage
$0
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2017
Sold by
Wilmers Erika C and Wilmers Stephen C
Bought by
Wilmers Stephen C and Wilmers Erika C

Purchase Details

Closed on
Aug 23, 2016
Sold by
Wilmers Stephen C and Wilmers Erika C
Bought by
Wilmers Erika C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2013
Closed on
May 31, 2013
Sold by
Nicosia Louise E
Bought by
Wilmer Stephen C
Seller's Agent
Jayne Denny
Century 21 Pearson-Cook (E)-I
Buyer's Agent
Todd Roesler
Coldwell Banker Schmidt Realtors
List Price
$115,000
Sold Price
$108,500
Premium/Discount to List
-$6,500
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$86,800
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1990
Sold by
Jacobi Jacobi G G and Jacobi Nicosia L
Bought by
Wilmers Stephen C

Purchase Details

Closed on
Feb 24, 1986
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cheslek Ingrid $282,000 First American Title
Cheslek Matthew William -- None Listed On Document
Wilmers Stephen C -- None Available
Wilmers Erika C -- Attorney
Wilmer Stephen C $108,500 Independent Title Services I
Wilmers Stephen C $71,500 --
-- $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cheslek Matthew William $0
Previous Owner Wilmers Erika C $114,000
Previous Owner Wilmers Stephen C $34,513
Previous Owner Wilmers Stephen C $21,500
Previous Owner Wilmer Stephen C $86,800
Previous Owner Nicosia Louise E $57,000
Previous Owner Nicosia Louise A $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $282,000 +12.8% $204 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $250,000 +130.4% $181 / Sq Ft
05/31/2013 05/31/13 Sold $108,500 -5.7% $90 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $115,000 -- $96 / Sq Ft

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 $2,277 $153,000 $0 $0
2024 $2,277 $132,700 $0 $0
2023 $2,388 $117,900 $0 $0
2022 $5,429 $104,700 $0 $0
2021 $2,144 $93,800 $0 $0
2020 $2,050 $89,900 $0 $0
2019 $1,946 $75,500 $0 $0
2018 $1,880 $67,600 $0 $0
2017 $1,830 $57,400 $0 $0
2016 $1,807 $54,000 $0 $0
2015 $1,680 $54,000 $0 $0
2013 -- $45,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steven Volkers

    Steve Volkers Group - I

  • Randy Reeds

    Buyer's Agent in 2021

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    1 in this area

    275 Total Sales

    Randy Reeds
    Section Image

  • J

    Seller's Agent in 2013

    Jayne Denny

    Century 21 Pearson-Cook (E)-I

  • Todd Roesler

    Buyer's Agent in 2013

    Todd Roesler

    Coldwell Banker Schmidt Realtors

    (616) 717-2226

    42 Total Sales

    Todd Roesler
    Section Image
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Map

Michigan Kent County Grand Rapids 49506 Eastgate

1280 Kreiser Terrace SE, Grand Rapids, MI

This home is located at 1280 Kreiser Terrace SE, Grand Rapids, MI 49506 and is currently estimated at $373,139, approximately $270 per square foot. 1280 Kreiser Terrace SE is a home located in Kent County with nearby schools including Mulick Park 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.

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