1497 Smith Farms Ct SE Grand Rapids, MI 49508
Estimated Value: $388,957 - $418,000
3
Beds
3
Baths
1,584
Sq Ft
$254/Sq Ft
Est. Value
About This Home
This home is located at 1497 Smith Farms Ct SE, Grand Rapids, MI 49508 and is currently estimated at $402,489, approximately $254 per square foot. 1497 Smith Farms Ct SE is a home located in Kent County with nearby schools including Explorer Elementary School, Pinewood Middle School, and East Kentwood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2025
Sold by
Mceldowney Emily and Mceldowney James A
Bought by
Merrill Hannah and Merrill Jeff
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$299,745
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$107,289
Purchase Details
Closed on
Jun 23, 2022
Sold by
James Mceldowney
Bought by
Mceldowney Emily and Mceldowney James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.92%
Purchase Details
Closed on
Jul 21, 2005
Sold by
Justin Zylstra Builder Llc
Bought by
Mceldowney James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,809
Interest Rate
5.69%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merrill Hannah | $400,000 | Bell Title | |
| Mceldowney Emily | -- | Sun Title | |
| Mceldowney James | $49,000 | Metropolitan Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merrill Hannah | $300,000 | |
| Previous Owner | Mceldowney Emily | $90,000 | |
| Previous Owner | Mceldowney James | $169,809 |
Source: Public Records
Tax History Compared to Growth
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 | $1,951 | $168,400 | $0 | $0 |
| 2024 | $1,951 | $159,700 | $0 | $0 |
| 2023 | $3,410 | $146,300 | $0 | $0 |
| 2022 | $3,410 | $128,000 | $0 | $0 |
| 2021 | $3,410 | $125,400 | $0 | $0 |
| 2020 | $3,410 | $117,100 | $0 | $0 |
| 2019 | $3,410 | $106,300 | $0 | $0 |
| 2018 | $3,410 | $97,900 | $20,000 | $77,900 |
| 2017 | $0 | $88,800 | $0 | $0 |
| 2016 | $0 | $85,000 | $0 | $0 |
| 2015 | -- | $85,000 | $0 | $0 |
| 2013 | -- | $75,700 | $0 | $0 |
Source: Public Records
Map
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