NOT LISTED FOR SALE

1507 48th St SE Grand Rapids, MI 49508

Mapleview Neighborhood

Estimated Value: $310,483 - $332,000

3 Beds
1 Bath
1,917 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $84,000 $44 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,868/month

23 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • East Kentwood High School Rated A-

About This Home

As of February 2012

Beautiful Kentwood Brick Home. 3 bedrooms, 1 full bathroom, 2 stall attached garage. It has a lot of potential, freshly paint and carpet. Large partially finished basement with huge back yard.

Last Agent to Sell the Property

Robert Snowden

Charter Properties Listed on: 12/30/2011

Last Buyer's Agent

Patti Fore

Agent History

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 112 x 135

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,973

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 112 x 135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1917.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1973.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1282.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1917.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 635.0
  • Basement Rooms:Total Basement SQFT: 635.0
  • Below Grade Sq Ft: 635.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 84900.0
  • Waterfront: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 112 x 135
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1973.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Larry Jimenez
Bought by
Jimenez Larry and Gardner Jodie
Current Estimated Value
$316,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$111,616
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$205,005

Purchase Details

Listed on
Dec 30, 2011
Closed on
Feb 23, 2012
Sold by
Wells Fargo Bank Na
Bought by
Jimenez Larry
Seller's Agent
Robert Snowden
Charter Properties
Buyer's Agent
Patti Fore
Agent History
List Price
$84,900
Sold Price
$84,000
Premium/Discount to List
-$900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Rathlein Debbie A and Rathlein Ronald
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 18, 2011
Sold by
Rathlein Debbie A and Rathlein Ronald
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 20, 2005
Sold by
Klein Gertrude L and Krueger Baker Joyce
Bought by
Rathlein Ronald and Rathlein Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,400
Interest Rate
6.4%
Mortgage Type
Stand Alone Second
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
Jimenez Larry -- None Listed On Document
Jimenez Larry $84,000 Attorneys Title Agency Llc
Wells Fargo Bank Na $1,600 None Available
Wells Fargo Bank Na $68,170 None Available
Rathlein Ronald $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Larry $120,000
Previous Owner Rathlein Ronald $25,400
Previous Owner Rathlein Ronald $101,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2012 02/27/12 Sold $84,000 -1.1% $44 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $84,900 -- $44 / 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 $2,267 $135,200 $0 $0
2024 $2,267 $121,100 $0 $0
2023 $2,049 $103,700 $0 $0
2022 $2,260 $91,700 $0 $0
2021 $2,214 $83,900 $0 $0
2020 $1,837 $80,100 $0 $0
2019 $2,103 $72,900 $0 $0
2018 $2,103 $67,200 $0 $0
2017 $2,048 $60,700 $0 $0
2016 $1,984 $57,400 $0 $0
2015 $1,914 $57,400 $0 $0
2013 -- $51,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Robert Snowden

    Charter Properties

    (616) 299-8455

    8 Total Sales

    Robert Snowden
    Section Image

  • P

    Buyer's Agent in 2012

    Patti Fore

    Agent History

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11065821

Southwestern Michigan Association of REALTORS®

APN: 41-18-29-278-023

Michigan Kent County Grand Rapids 49508 Mapleview

1507 48th St SE, Grand Rapids, MI

This home is located at 1507 48th St SE, Grand Rapids, MI 49508 since 30 December 2011 and is currently estimated at $316,621, approximately $165 per square foot. This property was built in 1955. 1507 48th St SE is a home located in Kent County with nearby schools including Bowen Elementary, Valleywood Middle School, and East Kentwood 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes