NOT LISTED FOR SALE

16 Ionia Ave SW Unit 2C Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $302,000 - $536,000

1 Bed
1.5 Baths
1,104 Sq Ft
$520/mo HOA Fee

Last Sold January 11, 2019

Last sale price $275,000 $249 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,000/month

143 Days on Market

Highlights

  • Fitness Center
  • Home Gym
  • Tankless Water Heater
  • Wood Flooring
  • Elevator
  • 2-minute walk to Monument Park

About This Home

As of January 2019

This Tannery Row loft condominium is your gateway to the best downtown has to offer; shopping, dining, and just around the corner from the to-be-built movie theatre complex. Largest one bedroom unit in the building with over 1100 sq ft and an extra half bathroom. Soaring ceilings, hardwood floors, large windows, and exposed brick work and timbers highlight the history of the building. Updates to the unit include a new electric oversized 50 gallon hot water heater and new Kitchenaid appliances. Includes one deeded parking space in private gated lot just steps from the door. Building amenities include secure entry, roof top deck, gym in the basement, and laundry on each floor.

Last Agent to Sell the Property

Kyle Visser

ReSIDE Grand Rapids License #6502432810 Listed on: 06/26/2018

Last Buyer's Agent

Andrew Ingram

Weichert REALTORS Plat (Main) License #6501307870

Weichert REALTORS Plat (Main)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1885

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Home Gym
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Tannery Row Condos

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,052

Year Built

Built in 1885

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1885
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1104.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 3052.0
  • Tax Info:Zoning3: R
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Wood Floor: Yes
  • Water Heater:Tankless: Yes
  • General Property Info:Condo Proj Name: Tannery Row
  • General Property Info:Entry Type: Common
  • General Property Info:Pets YN: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 1104.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Elevator, Wood Floor, Pantry
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Other
  • LivingArea: 1104.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Above Grade Finished Sq Ft: 1104.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 284900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Fitness Center, Storage
  • Association Fee: 520.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 520.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: (616) 301-1222
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3052.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jan 11, 2019
Sold by
Mulder Allyson
Bought by
Smith Tracey M
Seller's Agent
Kyle Visser
ReSIDE Grand Rapids
Buyer's Agent
Andrew Ingram
Weichert REALTORS Plat (Main)
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$381,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,209
Avg. Annual Appreciation
5.94%
Original Mortgage
$175,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2012
Closed on
Dec 3, 2012
Sold by
2C Llc
Bought by
Mulder Allyson
Seller's Agent
Anthony Lewis
RE/MAX of G.R. Inc. (SE) - I
Buyer's Agent
Dave Kiel
Bellabay Realty LLC
List Price
$147,900
Sold Price
$147,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Trott & Trott Pc
Bought by
Schroeder Beverly

Purchase Details

Closed on
Nov 16, 2007
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 17, 2007
Sold by
Gravelyn Michael R and Gravelyn Margaret M
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Sep 24, 1999
Bought by
Gravelyn Gravelyn M and Gravelyn M
Source: Public Records

Range of Values:

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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
Smith Tracey M $275,000 None Available
Mulder Allyson $147,900 None Available
Schroeder Beverly $130,000 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
Countrywide Home Loans Inc $169,735 None Available
Gravelyn Gravelyn M $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tracy M $180,500
Closed Smith Tracey M $178,840
Closed Smith Tracey M $175,000
Previous Owner Gravelyn Michael R $174,400
Previous Owner Gravelyn Michael R $167,000
Previous Owner Gravelyn Michael R $164,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $275,000 -8.0% $249 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $299,000 +102.2% $271 / Sq Ft
12/03/2012 12/03/12 Sold $147,900 0.0% $134 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $147,900 -- $134 / 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 $4,716 $170,600 $0 $0
2024 $4,716 $162,700 $0 $0
2023 $4,785 $154,800 $0 $0
2022 $4,545 $134,900 $0 $0
2021 $4,364 $136,500 $0 $0
2020 $4,431 $134,400 $0 $0
2019 $3,247 $130,200 $0 $0
2018 $3,136 $105,000 $0 $0
2017 $3,053 $100,800 $0 $0
2016 $3,090 $94,500 $0 $0
2015 $2,873 $94,500 $0 $0
2013 -- $84,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Visser

    Seller's Agent in 2019

    Kyle Visser

    ReSIDE Grand Rapids

    (616) 419-9637

    4 in this area

    540 Total Sales

    Section Image
  • Andrew Ingram

    Buyer's Agent in 2019

    Andrew Ingram

    Weichert REALTORS Plat (Main)

    (616) 570-1871

    53 Total Sales

    Section Image

  • A

    Seller's Agent in 2012

    Anthony Lewis

    RE/MAX of G.R. Inc. (SE) - I

  • D

    Buyer's Agent in 2012

    Dave Kiel

    Bellabay Realty LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18029521

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-440-003

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

16 Ionia Ave SW Unit 2C, Grand Rapids, MI

This home is located at 16 Ionia Ave SW Unit 2C, Grand Rapids, MI 49503 since 26 June 2018 and is currently estimated at $402,304, approximately $364 per square foot. This property was built in 1885. 16 Ionia Ave SW Unit 2C is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, 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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