NOT LISTED FOR SALE

1558 Forrest Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $160,275 - $199,000

2 Beds
1 Bath
927 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $32,000 $35 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $1,151/month

92 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 3-minute walk to Sweet Street Park
  • Living Room
  • Wood Siding

About This Home

As of July 2017

Completely gutted home ready to be remodeled - great investment opportunity in very desirable NE neighborhood.

Last Listed By

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 03/20/2017

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 2,613 Sq Ft Lot
  • Lot Dimensions are 26 x 100

Home Design

  • Colonial Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 927 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 927.0
  • Basement Rooms:Total Basement SQFT: 336.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 37900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 26 x 100
  • Lot Size Sq Ft: 2613.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1595.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Shelley Terrell
Bought by
Pellow Byron
Total Days on Market
92
Current Estimated Value
$173,569

Purchase Details

Listed on
Mar 20, 2017
Closed on
Aug 21, 2017
Sold by
Berry Allan L and Berry Kathryn A
Bought by
Pellow Byron and Terrell Shelley
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Shelley Terrell
Childress & Associates Realty
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jul 5, 2017
Sold by
Rdg Fund 5 Llc
Bought by
Berry Altan and Berry Kathryn M
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Shelley Terrell
Childress & Associates Realty
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Carrington Mortgage Services Llc
Bought by
Rdg Fund 5 Llc

Purchase Details

Closed on
Nov 18, 2015
Sold by
June Jason
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Jul 26, 2006
Sold by
Anchors Dara
Bought by
June Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,388
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2005
Sold by
Kleman Brian C
Bought by
Anchors Dara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2003
Sold by
Hud
Bought by
Kleman Brian C and Equity Trust Co

Purchase Details

Closed on
Sep 4, 2003
Sold by
Gmac Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Apr 17, 2003
Sold by
Gmac Mortgage Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 5, 2003
Sold by
Durant Kimberly
Bought by
Mortgage Electronic Registration Systems and Home Mortgage Inc

Range of Values:

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Average Value
Not Available
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
Pellow Byron -- None Listed On Document
Pellow Byron -- None Available
Berry Altan $32,000 Ata Natl Title Group Llc
Rdg Fund 5 Llc $30,550 None Available
Carrington Mortgage Services Llc $37,130 Attorney
June Jason $78,000 Metropolitan Title Company
Anchors Dara $73,000 Chicago Title
Kleman Brian C -- Chicago Title
Kleman Brian C $37,500 --
Hud -- E Title Agency
Federal Home Loan Mortgage Corporation -- --
Mortgage Electronic Registration Systems $52,454 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrell Shelley $176,800
Closed Terrell Shelley $150,500
Previous Owner June Jason $77,388
Previous Owner Anchors Dara $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $32,000 -28.7% $35 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $44,900 -- $48 / 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
2024 $2,258 $59,000 $0 $0
2023 $2,158 $43,100 $0 $0
2022 $1,713 $42,900 $0 $0
2021 $1,170 $37,400 $0 $0
2020 $1,131 $33,200 $0 $0
2019 $1,158 $29,000 $0 $0
2018 $1,123 $21,200 $0 $0
2017 $1,087 $16,300 $0 $0
2016 $1,594 $15,900 $0 $0
2015 $935 $15,900 $0 $0
2013 -- $16,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2017

    Michael Balsitis

    Bellabay Realty LLC

    (616) 734-0800

    2 in this area

    41 Total Sales

    Michael Balsitis
    Section Image

  • S

    Buyer's Agent in 2017

    Shelley Terrell

    Childress & Associates Realty

    (616) 647-7012

    2 in this area

    25 Total Sales

    Shelley Terrell
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17011075

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-333-006

Michigan Kent County Grand Rapids 49505 Creston

1558 Forrest Ave NE, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 1558 Forrest Ave NE, Grand Rapids, MI 49505 since 20 March 2017 and is currently estimated at $173,569, approximately $187 per square foot. This property was built in 1925. 1558 Forrest Ave NE is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union 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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