NOT LISTED FOR SALE

1516 Philadelphia Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $290,000 - $325,000

3 Beds
3 Baths
1,960 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $117,400 $60 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,879/month

30 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Patio
  • Recreation Room
  • Eat-In Kitchen
  • Snack Bar or Counter

About This Home

As of August 2016

Well-kept 3 bedroom, 1.5 bath brick home near Mulick Park. Living room features a classic fireplace, oversized front window, coved ceilings and hardwood floor. Another huge window lets plenty of light in to dining area and adjacent kitchen with snack bar surface. The main floor has two bedrooms and a full bath. Upstairs is a large bedroom or play room with a closet, built in drawers and a cedar closet. The basement has a rec room, half bath, laundry and plenty of storage. The backyard is completely fenced, with a brick patio and nice landscaping. Most of the windows have been replaced in the last 2 years.

Last Agent to Sell the Property

Michael VanderWoude

Edison Brokers & Co LLC License #6502399417 Listed on: 06/07/2016

Last Buyer's Agent

Tanner Whitcomb

Five Star Real Estate (Main) License #6502382347

Five Star Real Estate (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1948

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 107

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,553

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 107
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1960.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1553.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1476.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1960.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Half Baths: 1
  • Basement Rooms:Basement Finished SQFT: 484.0
  • Basement Rooms:Total Basement SQFT: 984.0
  • Kitchen Features:Eating Area: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Below Grade Sq Ft: 484.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 119900.0
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 40 x 107
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1553.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 22, 2016
Sold by
Thielman Jacob and Thielman Erin
Bought by
Rios Ricardo and Rios Ashley
Seller's Agent
Michael VanderWoude
Edison Brokers & Co LLC
Buyer's Agent
Tanner Whitcomb
Five Star Real Estate (Main)
List Price
$124,900
Sold Price
$117,400
Premium/Discount to List
-$7,500
-6%
Current Estimated Value
$309,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,627
Avg. Annual Appreciation
10.90%
Original Mortgage
$115,273
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 30, 2014
Closed on
Apr 11, 2014
Sold by
Howe Charles E and Howe Mary E
Bought by
Thielman Jacob and Thielman Erin
Seller's Agent
Kelley Rahilly
Greenridge Realty (Cascade)
Buyer's Agent
Michael VanderWoude
SVG Real Estate Firm - I
List Price
$87,500
Sold Price
$87,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$85,914
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2010
Sold by
Burns Laurence and Burns Marian
Bought by
Zimmerman Paige E and Howe Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,174
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2010
Sold by
Burns Brian L and Burns Jan
Bought by
Burns Laurence

Purchase Details

Closed on
Jul 11, 1994
Sold by
Wiser Wiser C C and Wiser Burns B
Bought by
Zimmerman Paige E Howe Charles E

Purchase Details

Closed on
Nov 20, 1992

Purchase Details

Closed on
Jun 24, 1992
Sold by
Doyle Est and Doyle Dhud
Bought by
Zimmerman Paige E Howe Charles E

Purchase Details

Closed on
Aug 25, 1989

Purchase Details

Closed on
Jul 28, 1986

Purchase Details

Closed on
Jun 23, 1981
Source: Public Records

Range of Values:

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Average Value
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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
Rios Ricardo $117,400 Sun Title Agency Of Michigan
Thielman Jacob $87,500 None Available
Zimmerman Paige E $72,000 Grand Rapids Title Co Llc
Burns Laurence -- None Available
Zimmerman Paige E Howe Charles E $59,900 --
-- $54,500 --
Zimmerman Paige E Howe Charles E -- --
-- $59,900 --
-- $39,000 --
-- $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Ricardo $164,377
Closed Rios Ricardo $135,575
Closed Rios Ricardo $135,575
Closed Rios Ricardo $136,650
Previous Owner Rios Ricardo $115,273
Previous Owner Thielman Jacob $85,914
Previous Owner Zimmerman Paige E $70,174
Previous Owner Burns Brian L $90,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $117,400 -6.0% $60 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $124,900 +42.7% $64 / Sq Ft
04/11/2014 04/11/14 Sold $87,500 0.0% $49 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $87,500 -- $49 / 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 $2,064 $116,200 $0 $0
2024 $2,064 $109,000 $0 $0
2023 $2,094 $93,800 $0 $0
2022 $1,988 $81,800 $0 $0
2021 $1,943 $73,400 $0 $0
2020 $1,858 $66,500 $0 $0
2019 $1,946 $64,700 $0 $0
2018 $1,879 $57,200 $0 $0
2017 $1,829 $49,600 $0 $0
2016 $1,612 $45,500 $0 $0
2015 $1,499 $45,500 $0 $0
2013 -- $42,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael VanderWoude

    Seller's Agent in 2016

    Michael VanderWoude

    Edison Brokers & Co LLC

    (616) 914-1556

    2 in this area

    49 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Tanner Whitcomb

    Five Star Real Estate (Main)

    (616) 893-5241

    1 in this area

    144 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2016

    Melissa Selvig-Mantilla

    Five Star Real Estate (Main)

  • K

    Seller's Agent in 2014

    Kelley Rahilly

    Greenridge Realty (Cascade)

  • Steve Volkers

    Buyer Co-Listing Agent in 2014

    Steve Volkers

    Five Star Real Estate (M6)

    (616) 717-2179

    3 in this area

    190 Total Sales

    Section Image

  • S

    Buyer Co-Listing Agent in 2014

    Steven Volkers

    SVG Real Estate Firm - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16028170

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-280-018

Michigan Kent County Grand Rapids 49507 South East End

1516 Philadelphia Ave SE, Grand Rapids, MI

This home is located at 1516 Philadelphia Ave SE, Grand Rapids, MI 49507 since 07 June 2016 and is currently estimated at $309,027, approximately $157 per square foot. This property was built in 1948. 1516 Philadelphia Ave SE is a home located in Kent County with nearby schools including Mulick Park Elementary School, Alger Middle School, and Ottawa Hills 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.
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