NOT LISTED FOR SALE

Estimated Value: $364,000 - $405,948

3 Beds
2 Baths
1,305 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 1504 Mount Mercy Dr NW, Grand Rapids, MI 49504 and is currently estimated at $389,237, approximately $298 per square foot. 1504 Mount Mercy Dr NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and West Side Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2017
Sold by
Ritsema Marcus A and Ritsema Jenna M
Bought by
Valensky Jeff and Mead Emma
Current Estimated Value
$389,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$171,244
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$203,490

Purchase Details

Closed on
Oct 6, 2013
Sold by
Ritsema Marcus A and Ritsema Jenna
Bought by
Ritsema Marcus A and Ritsema Jenna M

Purchase Details

Closed on
Oct 30, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Ritsema Marcus and Ritsema Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2009
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 15, 2008
Sold by
Jimenez Carmelo
Bought by
Midfirst Bank

Purchase Details

Closed on
May 23, 2005
Sold by
Hyland Douglas and Onan Brandon M
Bought by
Jimenez Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
9.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 3, 2003
Sold by
Patel Ratanben and Patel Gordhanbhai
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 29, 1994
Sold by
Deimen Deimen M M and Deimen Grdhnbhai P
Bought by
Ritsema Marcus A Jenna M

Purchase Details

Closed on
May 31, 1988

Purchase Details

Closed on
Mar 9, 1984
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valensky Jeff $215,000 Title Resource Agency
Ritsema Marcus A -- None Available
Ritsema Marcus $115,101 None Available
The Secretary Of Housing & Urban Develop -- None Available
Midfirst Bank $161,958 None Available
Jimenez Carmelo $149,000 Chicago Title
Federal Home Loan Mortgage Corporation $139,900 --
Ritsema Marcus A Jenna M $86,900 --
-- $70,000 --
-- $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valensky Jeff $204,250
Previous Owner Ritsema Marcus A $50,000
Previous Owner Ritsema Marcus A $79,500
Previous Owner Ritsema Marcus A $88,369
Previous Owner Jimenez Carmelo $153,265
Previous Owner Jimenez Carmelo $130,550
Previous Owner Jimenez Carmelo $10,000
Previous Owner Jimenez Carmelo $134,100
Previous Owner Patel Ratanben $156,600
Previous Owner Patel Gordhanbhai S $139,000
Closed Jimenez Carmelo $7,450
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
2025 $3,378 $188,700 $0 $0
2024 $3,378 $174,500 $0 $0
2023 $3,427 $139,700 $0 $0
2022 $3,253 $122,700 $0 $0
2021 $3,181 $115,100 $0 $0
2020 $3,041 $111,100 $0 $0
2019 $3,185 $102,200 $0 $0
2018 $3,076 $88,400 $0 $0
2017 $2,226 $77,100 $0 $0
2016 $2,253 $70,500 $0 $0
2015 $2,095 $70,500 $0 $0
2013 -- $62,100 $0 $0
Source: Public Records

Map