$64,000
SOLD JUL 9, 2013
3 Beds
1 Bath
1,224 Sq Ft
5,280 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

8% Below List Price

65 Days on Market

Highlights

  • Living Room
  • Ceiling Fan
  • Dining Area

About This Home

As of May 2015

This home is located at 1314 Powers Ave NW, Grand Rapids, MI 49504 and is currently priced at $64,000, approximately $52 per square foot. This property was built in 1926. 1314 Powers Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech High School.

Last Agent to Sell the Property

Timothy Katerberg

RE/MAX of Grand Rapids (Stndl) License #6506044457 Listed on: 03/26/2013

RE/MAX of Grand Rapids (Stndl)

Last Buyer's Agent

Amy Vissman

Keller Williams GR East

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1926

Interior Spaces

  • 1,224 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,280 Sq Ft Lot
  • Natural Gas Connected

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,508

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1926
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fans
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1224.0

Exterior Features

  • List Price: 66900.0
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5280.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
May 28, 2015
Sold by
Peterson Molly
Bought by
Webb Joshua N and Webb Katelyn E
Seller's Agent
Amy Vissman
Keller Williams GR East
Buyer's Agent
Matt Kepley
Five Star Real Estate (Ada)
List Price
$84,900
Sold Price
$95,000
Premium/Discount to List
$10,100
11.9%
Current Estimated Value
$249,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,957
Avg. Annual Appreciation
9.44%
Original Mortgage
$91,575
Outstanding Balance
$36,193
Interest Rate
3.63%
Mortgage Type
FHA
Estimated Equity
$205,475

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jul 3, 2013
Sold by
Verstrate Matthew and Verstrate Amber
Bought by
Peterson Molly
Seller's Agent
Timothy Katerberg
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Amy Vissman
Keller Williams GR East
List Price
$69,900
Sold Price
$64,000
Premium/Discount to List
-$5,900
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.38%
Original Mortgage
$62,080
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2009
Sold by
Coastal Real Estate Holdings Llc
Bought by
Verstrate Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,439
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2008
Sold by
Macatawa Bank
Bought by
Coastal Real Estate Holdings Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Fore Patti Jo
Bought by
Macatawa Bank

Purchase Details

Closed on
May 12, 2006
Sold by
Templar Scott A and Templar Kristy L
Bought by
Fore Patti Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1995
Sold by
Strow Strow M M and Strow Templar S
Bought by
Peterson Templar S and Peterson Molly

Purchase Details

Closed on
Jan 2, 1990
Sold by
Johansen Johansen H H and Johansen Strow M
Bought by
Peterson Molly
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 Type Sale Price Title Company
Warranty Deed $95,000 Grand Rapids Title Co Llc
Warranty Deed $64,000 Grand Rapids Title Agency Ll
Warranty Deed $58,500 Chicago Title
Quit Claim Deed -- None Available
Sheriffs Deed $99,636 None Available
Warranty Deed $91,000 None Available
Warranty Deed $71,000 --
Warranty Deed $56,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,575 FHA
Previous Owner $62,080 New Conventional
Previous Owner $57,439 FHA
Previous Owner $91,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $95,000 +11.9% $78 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $84,900 +32.7% $69 / Sq Ft
07/09/2013 07/09/13 Sold $64,000 -8.4% $52 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $69,900 -- $57 / 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 $1,508 $107,600 $0 $0
2024 $1,508 $95,800 $0 $0
2023 $1,597 $82,300 $0 $0
2022 $1,516 $69,800 $0 $0
2021 $1,483 $64,200 $0 $0
2020 $1,417 $58,400 $0 $0
2019 $1,485 $52,000 $0 $0
2018 $1,434 $47,100 $0 $0
2017 $1,396 $40,000 $0 $0
2016 $1,413 $37,000 $0 $0
2015 $1,215 $37,000 $0 $0
2013 -- $35,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13015952

Southwestern Michigan Association of REALTORS®

APN: 41-13-14-454-003