NOT LISTED FOR SALE

1603 Franklin St SE Grand Rapids, MI 49506

Estimated Value: $486,000 - $524,188

3 Beds
1.5 Baths
1,577 Sq Ft
$316/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $255,000 $162 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,214/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Screened Porch
  • East Grand Rapids High School Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of October 2018

Imagine relaxing & enjoying your morning coffee, appreciating the captivating landscaped front and fenced in private serene backyard! You will love this gorgeous well maintained 2 story, 3 bedrooms, 1.5 bath and 2 stall garage home right in desirable EGR! Lots of updates - fresh paint throughout exterior and interior, new storage shed, gas fireplace, windows, additional insulation, lighting, kitchen/bathroom fixtures & more! Home has lots of windows to let in ample natural light, a bonus sunroom, hardwood floor, expansive dining & master bedroom with extra closets, beautifully landscaped front/ backyard with a raised garden! This home is close to practically everything - EGR prestigious schools, Gaslight Village, Reeds Lake, Eastown famous dining eateries and parks! Don't miss out!

Last Agent to Sell the Property

Hwee-Ping Koh (Karen)

Five Star Real Estate (Ada) License #6501403184 Listed on: 07/26/2018

Last Buyer's Agent

Tiffany Szakal

Childress & Associates Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 1925

Lot Details

  • 4,878 Sq Ft Lot
  • Lot Dimensions are 50x98
  • Decorative Fence
  • Shrub
  • Garden
  • Back Yard Fenced
  • Property is zoned R2, R2

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,577 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,915

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50X98
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1577.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4914.78
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Decor Fence: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1577.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style:Colonial: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1577.0
  • Window Features: Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Scrn Porch
  • Fencing: Fenced Back
  • List Price: 259000.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Phone Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 50X98
  • Lot Size Sq Ft: 4878.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4914.78
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Oct 19, 2018
Sold by
Mull Lisa
Bought by
Webster David and Webster Rachel
Seller's Agent
Hwee-Ping Koh (Karen)
Five Star Real Estate (Ada)
Buyer's Agent
Tiffany Szakal
Childress & Associates Realty
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%
Current Estimated Value
$498,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,047
Avg. Annual Appreciation
9.27%
Original Mortgage
$204,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2013
Closed on
Mar 6, 2014
Sold by
Rietema Timothy J and Rietema Janice A
Bought by
Mull Lisa and Galey Jacob
Seller's Agent
Tom Zandee
Five Star Real Estate (M6)
Buyer's Agent
Larry Martin
Keller Williams Realty Rivertown
List Price
$229,900
Sold Price
$204,500
Premium/Discount to List
-$25,400
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$196,000
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 2007
Sold by
Goin David and Pion Jeffrey
Bought by
Rietema Timothy J and Rietema Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Goin David and Pion Jeffrey
Bought by
Goin David and Pion Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Goin David and Pion Jeffery
Bought by
Goin David and Pion Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Goin David
Bought by
Goin David and Pion Jeffery

Purchase Details

Closed on
Feb 10, 2003
Sold by
Leonard Charles and Leonard Margaret
Bought by
Goin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,050
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 1999
Sold by
Neglia Hilda
Bought by
Leonard Charles and Leonard Margaret

Purchase Details

Closed on
Jan 4, 1996
Bought by
Leonard Charles and Mull Lisa
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
Webster David $255,000 None Available
Mull Lisa $204,500 None Available
Rietema Timothy J $205,000 Chicago Title
Goin David -- --
Goin David -- Metropolitan Title Company
Goin David -- Metropolitan Title Company
Goin David $133,000 Chicago Title
Leonard Charles -- --
Leonard Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Webster David $204,000
Previous Owner Mull Lisa $196,000
Previous Owner Rietema Timothy J $164,000
Previous Owner Goin David $164,000
Previous Owner Goin David $141,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $255,000 -11.8% $162 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $289,000 +41.3% $183 / Sq Ft
03/06/2014 03/06/14 Sold $204,500 -11.0% $121 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $229,900 -- $136 / 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 $6,892 $225,600 $0 $0
2024 $6,892 $193,400 $0 $0
2023 $7,086 $176,300 $0 $0
2022 $6,716 $157,700 $0 $0
2021 $6,545 $150,100 $0 $0
2020 $6,091 $147,400 $0 $0
2019 $6,443 $131,600 $0 $0
2018 $4,995 $119,400 $0 $0
2017 $4,915 $100,900 $0 $0
2016 $4,812 $98,000 $0 $0
2015 -- $98,000 $0 $0
2013 -- $90,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18035796

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-151-028