NOT LISTED FOR SALE

1517 Sherman St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $251,000 - $384,000

3 Beds
1.5 Baths
1,584 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $158,000 $100 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,965/month

9 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Breakfast Area or Nook
  • Porch
  • Replacement Windows

About This Home

As of March 2020

Classic Eastown Colonial - close to great restaurants and shops, and East GR border.
Hardwood floors, Fireplace, 3 bedrooms, 1.5 baths, large kitchen with nook and full dining room. Needs minor repairs and cosmetic updating.

Last Agent to Sell the Property

Bernard Schaefer

Schaefer Real Estate License #6504414093 Listed on: 01/25/2020

Last Buyer's Agent

Amy DeFever

Fifth Floor Real Estate LLC License #6501418032

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1923

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 40 x 80
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Replacement Windows
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1923
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 80
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1584.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1228.0
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1334.0
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1584.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 250.0
  • Basement Rooms:Total Basement SQFT: 625.0
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Living: Yes
  • Below Grade Sq Ft: 250.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 154400.0
  • Patio and Porch Features: Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 40 x 80
  • Lot Size Sq Ft: 3200.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1228.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Mar 19, 2020
Sold by
Stevenson Marjorie
Bought by
Zeller Alan
Seller's Agent
Bernard Schaefer
Schaefer Real Estate
Buyer's Agent
Amy DeFever
Fifth Floor Real Estate LLC
List Price
$154,400
Sold Price
$158,000
Premium/Discount to List
$3,600
2.33%
Current Estimated Value
$322,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,300
Avg. Annual Appreciation
13.79%
Original Mortgage
$150,100
Outstanding Balance
$133,832
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$189,011

Purchase Details

Closed on
Oct 23, 2019
Sold by
Ameriquest Mortgage Company
Bought by
Timmer Jonathan

Purchase Details

Closed on
Jun 12, 2014
Sold by
Stevenson Marjorie
Bought by
Stevenson Marjorie and Walker Tianna Regina

Purchase Details

Closed on
Sep 30, 1987

Purchase Details

Closed on
Apr 19, 1985
Bought by
Stevenson Marjorie

Purchase Details

Closed on
Dec 18, 1984
Bought by
Stevenson Marjorie
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
Zeller Alan $158,000 None Available
Timmer Jonathan $97,000 None Available
Stevenson Marjorie -- None Available
-- $27,500 --
Stevenson Marjorie $16,800 --
Stevenson Marjorie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeller Alan $150,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $158,000 +2.3% $100 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $154,400 -- $97 / 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 $3,075 $129,500 $0 $0
2024 $3,075 $119,400 $0 $0
2023 $3,119 $108,900 $0 $0
2022 $2,961 $92,500 $0 $0
2021 $2,833 $83,300 $0 $0
2020 $1,173 $77,200 $0 $0
2019 $1,228 $68,500 $0 $0
2018 $1,186 $62,400 $0 $0
2017 $1,155 $53,500 $0 $0
2016 $1,169 $48,300 $0 $0
2015 $1,087 $48,300 $0 $0
2013 -- $43,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bernard Schaefer

    Schaefer Real Estate

    (616) 430-1147

    15 Total Sales

    Bernard Schaefer
    Section Image

  • A

    Buyer's Agent in 2020

    Amy DeFever

    Fifth Floor Real Estate LLC

    (269) 384-9847

    59 Total Sales

    Amy DeFever
    Section Image

  • A

    Buyer's Agent in 2020

    Amy Scaletta

    EXP Realty LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20002990

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-233-030

Michigan Kent County Grand Rapids 49506 Eastown

1517 Sherman St SE, Grand Rapids, MI

This home is located at 1517 Sherman St SE, Grand Rapids, MI 49506 since 25 January 2020 and is currently estimated at $322,300, approximately $203 per square foot. This property was built in 1923. 1517 Sherman St SE is a home located in Kent County with nearby schools including Campus 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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