NOT LISTED FOR SALE

161 Ottawa Ave NW Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood
-- Bed
-- Bath
281,488 Sq Ft
2,614 Sq Ft Lot

About This Home

This home is located at 161 Ottawa Ave NW, Grand Rapids, MI 49503. 161 Ottawa Ave NW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2014
Sold by
Csmc 2006 C5 Ottawa Office Llc
Bought by
Waters Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2012
Sold by
161 Ottawa Llc
Bought by
Csmc 2006-C5 Ottawa Office Llc

Purchase Details

Closed on
Sep 30, 2006
Sold by
Waters Building Llc
Bought by
161 Ottawa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,800,000
Interest Rate
6.49%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Waters Building Llc -- None Available
Csmc 2006-C5 Ottawa Office Llc $21,684,427 None Available
161 Ottawa Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gr Hs Llc $7,575,000
Closed Waters Building Llc $0
Closed Waters Building Llc $9,500,000
Previous Owner New Ledyard Llc $6,200,000
Previous Owner 161 Ottawa Llc $21,800,000
Previous Owner Waters Building Llc $1,000,000
Previous Owner Waters Building Llc $9,000,000
Source: Public Records

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 $782,891 $19,025,300 $0 $0
2024 $782,891 $19,253,100 $0 $0
2023 $771,783 $18,219,000 $0 $0
2022 $734,754 $17,387,100 $0 $0
2021 $715,902 $16,869,300 $0 $0
2020 $693,980 $16,920,400 $0 $0
2019 $677,218 $14,960,100 $0 $0
2018 $665,470 $13,309,400 $0 $0
2017 $645,971 $10,940,400 $0 $0
2016 $585,272 $6,632,600 $0 $0
2015 $339,086 $6,632,600 $0 $0
2013 -- $7,310,500 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

161 Ottawa Ave NW, Grand Rapids, MI

This home is located at 161 Ottawa Ave NW, Grand Rapids, MI 49503. 161 Ottawa Ave NW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

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