NOT LISTED FOR SALE

1761 Newark Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $236,000 - $276,463

3 Beds
1.5 Baths
1,717 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $87,500 $51 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,502/month

11 Days on Market

Highlights

  • Recreation Room
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of October 2016

HUD HOME! For more information regarding this property, including bid deadlines, please visit www.hudhomestore.com

Last Agent to Sell the Property

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 08/26/2016

Last Buyer's Agent

Mike Kuzawa

Five Star Real Estate (Main) License #6501293354

Five Star Real Estate (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1926

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

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

Est. Annual Taxes

$1,178

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1926
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1717.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1178.08
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1417.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1717.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 300.0
  • Basement Rooms:Total Basement SQFT: 624.0
  • Below Grade Sq Ft: 300.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 52000.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 50x140
  • Lot Size Sq Ft: 7013.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1178.08
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Caleb Caterino
Bought by
Caterino Meghan E
Current Estimated Value
$251,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$138,530
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$106,882

Purchase Details

Listed on
Aug 26, 2016
Closed on
Oct 14, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Caterino Caleb and Caterino Megan
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Mike Kuzawa
Five Star Real Estate (Main)
List Price
$52,000
Sold Price
$87,500
Premium/Discount to List
$35,500
68.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$83,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2016
Sold by
Paauwe Nellie and The Nellie Paauwe Living Trust
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 29, 2005
Sold by
Paauwe Nellie
Bought by
The Nellie Paauwe Living Trust and Paauwe Nellie
Source: Public Records

Range of Values:

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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
Caterino Meghan E $62,000 None Listed On Document
Caterino Caleb $87,500 Transnation Title Agency Mi
Secretary Of Housing & Urban Development -- Liberty Title & Escrow Co
The Nellie Paauwe Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caterino Meghan E $145,000
Previous Owner Caterino Caleb $83,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $87,500 +68.3% $51 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $52,000 -- $30 / 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 $1,934 $130,500 $0 $0
2024 $1,934 $110,400 $0 $0
2023 $1,962 $103,000 $0 $0
2022 $1,863 $92,300 $0 $0
2021 $1,821 $78,600 $0 $0
2020 $1,741 $73,100 $0 $0
2019 $1,824 $66,400 $0 $0
2018 $1,761 $53,300 $0 $0
2017 $1,800 $42,200 $0 $0
2016 $1,267 $38,300 $0 $0
2015 $1,178 $38,300 $0 $0
2013 -- $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Childress

    Seller's Agent in 2016

    Michael Childress

    Childress & Associates Realty

    (616) 893-1672

    1 in this area

    169 Total Sales

    Michael Childress
    Section Image
  • Mike Kuzawa

    Buyer's Agent in 2016

    Mike Kuzawa

    Five Star Real Estate (Main)

    (616) 293-4218

    3 in this area

    99 Total Sales

    Mike Kuzawa
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16044545

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-402-012

Michigan Kent County Grand Rapids 49507 South East End

1761 Newark Ave SE, Grand Rapids, MI

This home is located at 1761 Newark Ave SE, Grand Rapids, MI 49507 since 26 August 2016 and is currently estimated at $251,616, approximately $146 per square foot. This property was built in 1926. 1761 Newark Ave SE is a home located in Kent County with nearby schools including Mulick Park Elementary School, 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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