NOT LISTED FOR SALE

16 Ionia Ave SW Unit 7 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $267,000 - $476,000

1 Bed
1 Bath
942 Sq Ft
$443/mo HOA Fee

Last Sold July 01, 2019

Last sale price $261,000 $277 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,665/month

Highlights

  • Recreation Room
  • Home Gym
  • Living Room
  • Wood Flooring
  • Elevator
  • 2-minute walk to Monument Park

About This Home

As of July 2019

Sold before broadcast

Last Agent to Sell the Property

Amy Vissman

Keller Williams GR East Listed on: 06/18/2019

Keller Williams GR East

Co-Listed By

Douglas Vissman

Keller Williams GR East

Last Buyer's Agent

Amy Vissman

Keller Williams GR East Listed on: 06/18/2019

Keller Williams GR East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1885

Lot Details

  • 9,975

HOA Fees

  • $443 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Recreation Room
  • Home Gym
  • Washer

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,274

Year Built

Built in 1885

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1885
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Elevator, Wood Floor
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 942.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Brick
  • List Price: 265000.0
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Fitness Center, Storage
  • Association Fee: 443.32
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3274.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Vanderlaan Ronald
Bought by
Janssens Derek
Current Estimated Value
$341,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$215,753
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$117,814

Purchase Details

Closed on
Dec 4, 2021
Sold by
Segard Zachary
Bought by
Vanderlaan Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
2.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 1, 2019
Sold by
Kondratek Michael
Bought by
Segard Zachary
Seller's Agent
Amy Vissman
Keller Williams GR East
Buyer's Agent
Amy Vissman
Keller Williams GR East
List Price
$265,000
Sold Price
$261,000
Premium/Discount to List
-$4,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$208,800
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Payne William J
Bought by
Kondratek Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2013
Sold by
Vaneerden Doug
Bought by
Payne William J

Purchase Details

Closed on
Aug 6, 2010
Sold by
Karger Jeff
Bought by
Vaneerden Doug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,050
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Mills Ted
Bought by
Karger Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 1999
Sold by
Macroe P
Bought by
Payne Strand D and Payne William J
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
Janssens Derek $300,000 Sun Title
Vanderlaan Ronald $308,000 None Listed On Document
Vanderlaan Ronald $308,000 None Listed On Document
Segard Zachary $261,000 Lighthouse Ttl Agcy West Sho
Kondratek Michael $250,000 Chicago Title Of Michigan In
The William J Payne Trust -- Attorney
Payne William J $184,830 Chicago Title
Vaneerden Doug $164,500 Trans
Karger Jeff $162,500 --
Payne Strand D $150,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janssens Derek $225,000
Previous Owner Vanderlaan Ronald $277,200
Previous Owner Segard Zachary $208,800
Previous Owner Kondratek Michael $225,000
Previous Owner Vaneerden Doug $148,050
Previous Owner Karger Jeff $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $261,000 -1.5% $277 / Sq Ft
06/18/2019 06/18/19 For Sale $265,000 -- $281 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
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 $4,226 $152,900 $0 $0
2024 $4,226 $145,900 $0 $0
2023 $6,367 $138,800 $0 $0
2022 $6,269 $120,900 $0 $0
2021 $4,152 $122,300 $0 $0
2020 $3,969 $120,400 $0 $0
2019 $3,390 $116,700 $0 $0
2018 $3,274 $94,100 $0 $0
2017 $2,759 $90,300 $0 $0
2016 $2,793 $84,700 $0 $0
2015 $2,597 $84,700 $0 $0
2013 -- $75,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Vissman

    Seller's Agent in 2019

    Amy Vissman

    Keller Williams GR East

    (616) 540-0426

    145 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Douglas Vissman

    Keller Williams GR East

    (616) 901-4104

    91 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19027371

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-440-007

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

16 Ionia Ave SW Unit 7, Grand Rapids, MI

This home is located at 16 Ionia Ave SW Unit 7, Grand Rapids, MI 49503 since 18 June 2019 and is currently estimated at $338,520, approximately $359 per square foot. This property was built in 1885. 16 Ionia Ave SW Unit 7 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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