f
Seller's Agent in 2020
frank boenzi
Bellabay Realty (SW)
(312) 554-8741
7 in this area
82 Total Sales
1822 Madison Ave SE Grand Rapids, MI 49507
Garfield Park Neighborhood
4
Beds
1
Bath
1,521
Sq Ft
6,961
Sq Ft Lot
Highlights
- Recreation Room
- Wood Flooring
- Living Room
- Traditional Architecture
- 1 Car Detached Garage
- Forced Air Heating System
About This Home
As of April 2020Land Bank Home. Good floor plan with 3 bedrooms and a possible 4th up. Full basement. 1 car garage and private yard. Good bones and will be a nice home with some love. This home is owned by the Kent County Land Bank (KCLBA). The buyer must meet certain conditions in order to purchase. This home can only be sold to an Owner Occupant who makes less than 80% of the median income for the area for family size. Offers must include a written renovation plan, written statement regarding the ability of the buyer to complete the renovations, and POF for purchase plus the renovations. See attached addendums. These are required to be completely filled out with any offer submitted. POF for Purchase and Renovation is REQUIRED with ALL OFFERS. See agent remarks for additional restrictions.
Last Agent to Sell the Property
Independence Realty (RSC) License #6506045903 Listed on: 01/29/2018
Last Buyer's Agent
Independence Realty (RSC) License #6506045903 Listed on: 01/29/2018
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 6,961 Sq Ft Lot
- Lot Dimensions are 54x128
- Property is zoned LDR, LDR
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
- Aluminum Siding
Interior Spaces
- 1,521 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Area
- Recreation Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- REO, home is currently bank or lender owned
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2020
Closed on
Apr 22, 2020
Sold by
Welcomehome Renovatins Specialists Llc
Bought by
Lang Jacob Leo
Seller's Agent
frank boenzi
Bellabay Realty (SW)
Buyer's Agent
Brandon Vidal
Keller Williams GR East
List Price
$180,000
Sold Price
$176,000
Premium/Discount to List
-$4,000
-2.22%
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
$79,598
Avg. Annual Appreciation
7.16%
Original Mortgage
$140,800
Outstanding Balance
$125,725
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$129,597
Purchase Details
Closed on
Jul 8, 2019
Sold by
Truelove Nate
Bought by
Welcome Home Renovation Specialists Llc
Purchase Details
Listed on
Jan 29, 2018
Closed on
Feb 21, 2018
Sold by
Kent County Land Bank Authority
Bought by
Alicey Property Renovations Llc
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$40,000
Sold Price
$40,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.83%
Purchase Details
Listed on
Jan 29, 2018
Closed on
Feb 15, 2018
Sold by
Alicey Property Renovations Llc
Bought by
Truelove Nate
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$40,000
Sold Price
$40,000
Purchase Details
Closed on
Jul 27, 2017
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Aurthor
Purchase Details
Closed on
Jul 12, 2017
Sold by
Parrish Kenneth D
Bought by
The City Of Grand Rapids
Purchase Details
Closed on
Oct 29, 2009
Sold by
Wimberly Ellen D
Bought by
Touchstone Donald
Purchase Details
Closed on
Jun 7, 1999
Sold by
Tchstn Tchstn D D and Tchstn D
Bought by
Touchstone Donald
Purchase Details
Closed on
Aug 9, 1991
Sold by
Moore Moore H H and Moore Touchstone D
Bought by
Touchstone Donald
Purchase Details
Closed on
Aug 3, 1989
Bought by
Touchstone Donald
Purchase Details
Closed on
Jan 23, 1989
Bought by
Touchstone Donald
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $176,000 | Nations Title Agency | |
| Warranty Deed | $70,000 | First American Title Ins Co | |
| Warranty Deed | $150,000 | First American Title Ins Co | |
| Warranty Deed | $40,000 | Sun Title Agency Of Michigan | |
| Land Contract | -- | Sun Title Agency Of Michigan | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $13,355 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $33,900 | -- | |
| Deed | $9,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $40,000 | New Conventional | |
| Open | $140,800 | New Conventional | |
| Previous Owner | $58,641 | Unknown | |
| Closed | $0 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2020 04/22/20 | Sold | $176,000 | -2.2% | $116 / Sq Ft |
| 03/22/2020 03/22/20 | Pending | -- | -- | -- |
| 03/17/2020 03/17/20 | For Sale | $180,000 | +350.0% | $118 / Sq Ft |
| 02/21/2018 02/21/18 | Sold | $40,000 | 0.0% | $26 / Sq Ft |
| 02/08/2018 02/08/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $40,000 | -- | $26 / 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 |
|---|---|---|---|---|
| 2025 | $2,134 | $99,500 | $0 | $0 |
| 2024 | $2,134 | $88,700 | $0 | $0 |
| 2023 | $2,165 | $77,300 | $0 | $0 |
| 2022 | $2,056 | $67,400 | $0 | $0 |
| 2021 | $2,010 | $59,100 | $0 | $0 |
| 2020 | $1,691 | $51,300 | $0 | $0 |
| 2019 | $2,065 | $38,700 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $1,367 | $29,200 | $0 | $0 |
| 2016 | $907 | $26,100 | $0 | $0 |
| 2015 | $843 | $26,100 | $0 | $0 |
| 2013 | -- | $27,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
frank boenzi
-
Brandon Vidal
B
Buyer's Agent in 2020
Brandon Vidal
Keller Williams GR East
(214) 850-8262
1 in this area
29 Total Sales
-
Randy Charboneau
Seller's Agent in 2018
Randy Charboneau
Independence Realty (RSC)
(616) 262-0001
1 in this area
92 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 18003169
APN: 41-18-06-451-006
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