1641 Loralee St SE Grand Rapids, MI 49508
Millbrook NeighborhoodEstimated Value: $314,000 - $348,591
3
Beds
3
Baths
1,812
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Attached Garage
- 1-Story Property
- Porch
- Forced Air Heating System
About This Home
As of January 2013Info#3270 Ranch style home featuring 3 bedrooms, 1 full bath, dining area with sliders to the three season porch, a full basement for plenty of storage and a 2 stall attached garage. Repairs done include carpet and paint, boiler repair, plumbing and some carpentry. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed. THIS PROPERTY IS ELIGIBLE UNDER FIRST LOOK INITIATIVE THROUGH November 23, 2012. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations are eligible for the Freddie Mac First Look Initiative and will be considered, other offers must wait till after initiative expires. Attached affidavit must be signed by buyer and selling ag en.
Last Agent to Sell the Property
Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 11/09/2012
Home Details
Home Type
- Single Family
Year Built
- Built in 1964
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100 x 133 x 105 x 133
Parking
- Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,812 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- REO, home is currently bank or lender owned
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2012
Closed on
Jan 29, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Santillanmes Marcelino
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Joe Loftis
Coldwell Banker Schmidt Realtors
List Price
$84,900
Sold Price
$82,500
Premium/Discount to List
-$2,400
-2.83%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,648
Avg. Annual Appreciation
11.87%
Original Mortgage
$81,005
Outstanding Balance
$58,148
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$271,715
Purchase Details
Closed on
Feb 1, 2012
Sold by
Lamas Moises
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Dec 31, 2007
Sold by
Bank Of New York
Bought by
Lamas Moises
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,900
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 24, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2005-J1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,900
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and S Cwalt Inc Alternative Loan Trust 2005-
Purchase Details
Closed on
Mar 21, 2007
Sold by
Hendrick Jeffrey A
Bought by
Mortgage Electronic Registration Systems
Purchase Details
Closed on
May 28, 1998
Sold by
Shields Shields J J and Shields Hendrick J
Bought by
Santillanes Hendrick J and Santillanes Marcelino
Purchase Details
Closed on
Feb 26, 1993
Sold by
Menn Menn C C and Menn Shields M
Bought by
Santillanes Marcelino
Purchase Details
Closed on
Nov 30, 1992
Purchase Details
Closed on
Aug 29, 1991
Purchase Details
Closed on
Nov 1, 1974
Sold by
Chambers Chambers B B and Chambers Cham T
Bought by
Santillanes Marcelino
Similar Homes in Grand Rapids, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Santillanmes Marcelino | $82,500 | Attorneys Title Agency Llc | |
| Federal Home Loan Mortgage Corporation | -- | None Available | |
| Lamas Moises | $119,900 | None Available | |
| Bank Of New York | -- | None Available | |
| Bank Of New York | -- | None Available | |
| Mortgage Electronic Registration Systems | $121,950 | None Available | |
| Santillanes Hendrick J | $92,000 | -- | |
| Santillanes Marcelino | $70,900 | -- | |
| -- | -- | -- | |
| -- | $45,500 | -- | |
| Santillanes Marcelino | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santillanes Marcelino | $81,005 | |
| Previous Owner | Lamas Moises | $118,900 | |
| Previous Owner | Hendrick Jeffrey A | $37,000 | |
| Previous Owner | Hendrick Jeffrey A | $148,000 | |
| Previous Owner | Hendrick Jeffrey A | $144,000 | |
| Previous Owner | Hendrick Jeffrey A | $21,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2013 01/25/13 | Sold | $82,500 | -2.8% | $46 / Sq Ft |
| 12/04/2012 12/04/12 | Pending | -- | -- | -- |
| 11/09/2012 11/09/12 | For Sale | $84,900 | -- | $47 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $2,838 | $165,700 | $0 | $0 |
| 2023 | $2,880 | $137,800 | $0 | $0 |
| 2022 | $2,734 | $114,500 | $0 | $0 |
| 2021 | $2,673 | $105,400 | $0 | $0 |
| 2020 | $2,556 | $103,400 | $0 | $0 |
| 2019 | $2,677 | $95,300 | $0 | $0 |
| 2018 | $2,585 | $89,500 | $0 | $0 |
| 2017 | $2,516 | $81,900 | $0 | $0 |
| 2016 | $2,547 | $71,900 | $0 | $0 |
| 2015 | $2,369 | $71,900 | $0 | $0 |
| 2013 | -- | $66,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Wiersma
Seller's Agent in 2013
Jim Wiersma
Coldwell Banker Woodland Schmidt
(616) 396-5221
299 Total Sales
-
Bernie Merkle
Seller Co-Listing Agent in 2013
Bernie Merkle
Coldwell Banker Woodland Schmidt
(616) 886-2274
344 Total Sales
-
Joe Loftis
Buyer's Agent in 2013
Joe Loftis
Coldwell Banker Schmidt Realtors
(616) 450-8303
1 in this area
42 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 12059914
APN: 41-18-21-151-021
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