NOT LISTED FOR SALE

Estimated Value: $186,000 - $244,000

2 Beds
1 Bath
760 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $45,234 $60 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $1,267/month

13 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of June 2016

This home is located at 159 Elwell St SW, Grand Rapids, MI 49548 since 27 April 2016 and is currently estimated at $206,545, approximately $271 per square foot. This property was built in 1949. 159 Elwell St SW is a home located in Kent County with nearby schools including Southeast Kelloggsville Elementary School, West Kelloggsville Elementary, and Kelloggsville Middle School.

Last Agent to Sell the Property

Logan Farrer

REALHOME SERVICES AND SOLUTIONS INC - I License #6502391260 Listed on: 04/27/2016

Last Buyer's Agent

Eric Knoll

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $989

Year Built

  • Built in 1949

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 48x141
  • Property is zoned NA, NA

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 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

$989

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Garage Type Detached: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 760.0

Exterior Features

  • List Price: 32900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12300.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 989.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2016
Sold by
Nichols Benjamin and Nichols Amber
Bought by
Nic Berk Llc
Total Days on Market
13
Current Estimated Value
$206,545

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 14, 2016
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Nichols Benjamin
Seller's Agent
Logan Farrer
REALHOME SERVICES AND SOLUTIONS INC - I
Buyer's Agent
Eric Knoll
Five Star Real Estate (Grandv)
List Price
$32,900
Sold Price
$45,234
Premium/Discount to List
$12,334
37.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%

Purchase Details

Closed on
Mar 9, 2016
Sold by
Schenpp Albert and Schnepp Debbin
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Nov 26, 2002
Sold by
Lehmann Chadd and Lehman Patricia
Bought by
Schnepp Albert and Schnepp Debbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.07%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 20, 1996
Source: Public Records

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Range of Values:

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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
Nic Berk Llc -- Star Title Agency Llc
Nichols Benjamin $45,234 Premium Title Svcs Inc
The Bank Of New York Mellon Trust Compan $67,989 Attorney
Schnepp Albert $76,000 --
-- $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnepp Albert $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $45,234 +37.5% $60 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $32,900 -- $43 / 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 $2,047 $78,200 $0 $0
2023 $2,635 $69,600 $0 $0
2022 $2,479 $59,400 $0 $0
2021 $2,414 $53,400 $0 $0
2020 $1,742 $46,100 $0 $0
2019 $2,297 $43,300 $0 $0
2018 $2,252 $38,800 $0 $0
2017 $2,199 $33,000 $0 $0
2016 $1,418 $30,500 $0 $0
2015 $1,173 $30,500 $0 $0
2013 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16018975

Southwestern Michigan Association of REALTORS®

APN: 41-17-25-253-035