NOT LISTED FOR SALE

1641 Loralee St SE Grand Rapids, MI 49508

Millbrook Neighborhood

Estimated Value: $327,000 - $365,962

3 Beds
3 Baths
1,812 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $82,500 $46 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $2,164/month

25 Days on Market

Highlights

  • 1 Fireplace
  • Attached Garage
  • 1-Story Property
  • Porch
  • Forced Air Heating System

About This Home

As of January 2013

Info#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

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 11/09/2012

Coldwell Banker Woodland Schmidt

Co-Listed By

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Last Buyer's Agent

Joe Loftis

Coldwell Banker Schmidt Realtors

Coldwell Banker Schmidt Realtors

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

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 100 x 133 x 105 x 133
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1812.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2095.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1812.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1812.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Porch(es)
  • List Price: 84900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Dimensions: 100 x 133 x 105 x 133
  • Lot Size Sq Ft: 13983.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2095.0
  • Tax Year: 2012

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%
Current Estimated Value
$348,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,491
Avg. Annual Appreciation
11.96%
Original Mortgage
$81,005
Outstanding Balance
$57,760
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$282,102

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
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
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

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 $2,838 $178,100 $0 $0
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

    279 Total Sales

    Section Image
  • Bernie Merkle

    Seller Co-Listing Agent in 2013

    Bernie Merkle

    Coldwell Banker Woodland Schmidt

    (616) 886-2274

    324 Total Sales

    Section Image
  • Joe Loftis

    Buyer's Agent in 2013

    Joe Loftis

    Coldwell Banker Schmidt Realtors

    (616) 450-8303

    37 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12059914

Southwestern Michigan Association of REALTORS®

APN: 41-18-21-151-021

Michigan Kent County Grand Rapids 49508 Millbrook

1641 Loralee St SE, Grand Rapids, MI

This home is located at 1641 Loralee St SE, Grand Rapids, MI 49508 since 09 November 2012 and is currently estimated at $348,991, approximately $192 per square foot. This property was built in 1964. 1641 Loralee St SE is a home located in Kent County with nearby schools including Sherwood Park Global Studies 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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