NOT LISTED FOR SALE

1302 Lafayette Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $191,000 - $223,000

4 Beds
1 Bath
1,316 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $10,500 $8 Per Sq Ft

Est. 1,859% increase in value since last sale

Current estimated payment $1,186/month

80 Days on Market

About This Home

As of March 2014

Priced to Sell! An Handyman/Investors dream -it is ready to start. Offers must include a written development plan, written statement regarding the ability of the buyer to complete the renovations (Investors - i.e. proof that they are a licensed builder, or proof of other previous development) 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. Sale is subject to seller receiving clear title and attached Addendum B :Purchase Agreement and Addendum C :Scope of Repair. KLCB Reserves the right to accept a lesser amount offer if the buyer is willing to do a higher amount of work. Sellers are closing through Sun Title. Any code issues will be fixed by the buyer. Prop

Last Agent to Sell the Property

Robert Grondsma

ERA Reardon Realty Great Lakes License #6501316181 Listed on: 12/02/2013

Last Buyer's Agent

Carlos Hernandez

Harborland Realty LLC License #6501328583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1920

Lot Details

  • 4,757 Sq Ft Lot

Home Design

  • 1,316 Sq Ft Home
  • Composition Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1316.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 12900.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4757.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
Mar 4, 2014
Sold by
Kent County Land Bank Authority
Bought by
Esquivias Laura Herrera
Seller's Agent
Robert Grondsma
ERA Reardon Realty Great Lakes
Buyer's Agent
Carlos Hernandez
Harborland Realty LLC
List Price
$12,900
Sold Price
$10,500
Premium/Discount to List
-$2,400
-18.6%
Current Estimated Value
$205,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,144
Avg. Annual Appreciation
28.87%

Purchase Details

Closed on
Jul 15, 2013
Sold by
Parrish Kenneth D
Bought by
City Of Grand Rapids
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
Esquivias Laura Herrera $11,500 Sun Title Agency Of Mi Llc
City Of Grand Rapids $7,377 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honicutt Willie J $70,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2014 03/04/14 Sold $10,500 -18.6% $8 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $12,900 -- $10 / 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 $1,201 $73,600 $0 $0
2024 $1,201 $68,700 $0 $0
2023 $1,191 $57,000 $0 $0
2022 $1,132 $48,900 $0 $0
2021 $1,103 $39,200 $0 $0
2020 $1,066 $32,200 $0 $0
2019 $1,092 $27,100 $0 $0
2018 $1,059 $25,100 $0 $0
2017 $1,033 $19,400 $0 $0
2016 $1,038 $20,300 $0 $0
2015 $1,038 $20,300 $0 $0
2013 -- $21,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Grondsma

    ERA Reardon Realty Great Lakes

    (616) 364-8831

    5 Total Sales

    Robert Grondsma
    Section Image

  • C

    Buyer's Agent in 2014

    Carlos Hernandez

    Harborland Realty LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13067128

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-128-018

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1302 Lafayette Ave SE, Grand Rapids, MI

This home is located at 1302 Lafayette Ave SE, Grand Rapids, MI 49507 since 02 December 2013 and is currently estimated at $205,644, approximately $156 per square foot. This property was built in 1920. 1302 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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