NOT LISTED FOR SALE

1320 Penn Ave NE Unit 2 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $272,000 - $328,000

1 Bed
1 Bath
800 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 1320 Penn Ave NE Unit 2, Grand Rapids, MI 49505 and is currently estimated at $302,153, approximately $377 per square foot. 1320 Penn Ave NE Unit 2 is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
Slusher Nate S and Slusher Bethany R
Bought by
Durwood Ben
Current Estimated Value
$302,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2016
Sold by
E Larch Llc
Bought by
Slusher Nathan S and Slusher Bethany R

Purchase Details

Closed on
Jun 17, 2014
Sold by
Slusher Nathan S
Bought by
E Larch Llc

Purchase Details

Closed on
Jan 31, 2014
Sold by
Nemic Christopher A and Nemic Ann
Bought by
Slusher Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
Nelson Kathy
Bought by
Nemic Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
7.55%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1996
Sold by
Brown Brown K K and Brown Nelson K
Bought by
Nelson Kathy and Slusher Nathan

Purchase Details

Closed on
Apr 30, 1985
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Durwood Ben $158,000 Chicago Title Of Mi Inc
Slusher Nathan S -- Attorney
E Larch Llc -- None Available
Slusher Nathan $120,000 None Available
Nemic Christopher A $136,500 Chicago Title Co
Nelson Kathy $97,900 --
-- $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durwood Ben $172,200
Closed Durwood Ben $110,600
Previous Owner Slusher Nathan $102,000
Previous Owner Nemic Christopher A $109,200
Previous Owner Nelson Kathy $80,350
Closed Nemic Christopher A $20,475
Source: Public Records

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 $3,198 $136,500 $0 $0
2023 $3,172 $117,100 $0 $0
2022 $3,015 $102,800 $0 $0
2021 $2,938 $92,200 $0 $0
2020 $2,839 $85,100 $0 $0
2019 $2,907 $65,500 $0 $0
2018 $2,818 $53,200 $0 $0
2017 $2,828 $47,700 $0 $0
2016 $2,350 $43,800 $0 $0
2015 $2,252 $43,800 $0 $0
2013 -- $45,700 $0 $0
Source: Public Records

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