1848 Cornelius Ave SE Grand Rapids, MI 49507
South East End NeighborhoodEstimated Value: $199,000 - $259,000
3
Beds
1
Bath
1,267
Sq Ft
$181/Sq Ft
Est. Value
About This Home
As of January 20133 bedroom home featuring a newer kitchen, some wood floors, full basement, formal dining room and a 1 stall garage. Maintenance free exterior, roof appears to be in good condition. Just needs a little TLC. Kent County Land Bank Authority makes no assertions regarding the condition of the property. The property is being sold AS IS. The offer must come with a written development plan for the property. The offer must come with written statement regarding the qualifications of the buyer/developer (proof that they are a licensed builder, or proof of other previous development.) The offer must come with proof of financing to complete the purchase and renovation. Square footages and property taxes are estimated. Buyer to verify all information.
Last Agent to Sell the Property
Home Run Real Estate License #6502362271 Listed on: 11/02/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,254
Year Built
- Built in 1930
Lot Details
- 6,500 Sq Ft Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,267 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 2015
Sold by
Timmer Jonathan and Timmer Anna
Bought by
Quest Ira Inc and Brian Grasmeyer Ira #2074631
Total Days on Market
69
Current Estimated Value
Purchase Details
Listed on
Nov 2, 2012
Closed on
Jan 18, 2013
Sold by
Kent County Land Bank Authority
Bought by
Timmer Jonathan
Seller's Agent
Lloyd Reed, Jr.
Home Run Real Estate
Buyer's Agent
Michael Childress
Childress & Associates Realty
List Price
$40,000
Sold Price
$22,000
Premium/Discount to List
-$18,000
-45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%
Purchase Details
Closed on
Jul 18, 2012
Sold by
County Of Kent
Bought by
Kent County Land Bank Authority
Purchase Details
Closed on
Feb 23, 2006
Sold by
Lenic Janet A and Varenkamp Janet A
Bought by
Lenic Janet A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 1995
Sold by
Vorenkamp Vorenkamp R R and Vorenkamp Vrnkmp J
Bought by
Timmer Vrnkmp J and Timmer Jonathan
Purchase Details
Closed on
Feb 17, 1983
Purchase Details
Closed on
Jan 21, 1983
Similar Homes in Grand Rapids, MI
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quest Ira Inc | $75,000 | None Available | |
| Timmer Jonathan | $22,000 | None Available | |
| Kent County Land Bank Authority | $4,448 | None Available | |
| County Of Kent | $4,448 | None Available | |
| Lenic Janet A | -- | Titlequest Agency | |
| Timmer Vrnkmp J | -- | -- | |
| -- | $15,000 | -- | |
| -- | $11,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lenic Janet A | $124,000 | |
| Previous Owner | Lenic Janet A | $108,791 | |
| Previous Owner | Lenic Janet A | $53,281 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2013 01/18/13 | Sold | $22,000 | -45.0% | $17 / Sq Ft |
| 01/10/2013 01/10/13 | Pending | -- | -- | -- |
| 11/02/2012 11/02/12 | For Sale | $40,000 | -- | $32 / 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 | $2,254 | $87,500 | $0 | $0 |
| 2023 | $2,236 | $81,000 | $0 | $0 |
| 2022 | $2,125 | $72,500 | $0 | $0 |
| 2021 | $2,070 | $62,000 | $0 | $0 |
| 2020 | $2,001 | $56,600 | $0 | $0 |
| 2019 | $2,049 | $51,400 | $0 | $0 |
| 2018 | $1,986 | $43,000 | $0 | $0 |
| 2017 | $1,938 | $36,400 | $0 | $0 |
| 2016 | $1,947 | $33,100 | $0 | $0 |
| 2015 | $1,584 | $33,100 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lloyd Reed, Jr.
L
Seller's Agent in 2013
Lloyd Reed, Jr.
Home Run Real Estate
(616) 889-7662
2 in this area
63 Total Sales
-
Michael Childress
Buyer's Agent in 2013
Michael Childress
Childress & Associates Realty
(616) 893-1672
1 in this area
159 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 12058785
APN: 41-18-05-455-004
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