NOT LISTED FOR SALE

1850 Newark Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $220,000 - $256,222

3 Beds
1.5 Baths
1,304 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $95,250 $73 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,548/month

3 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of February 2020

HUD Home - SALE FELL THROUGH This traditional 2 story is located in a quiet area on the SE side near the Boston Market area. Home features arched walls, hardwood floors, private foyer, built in cabinets, french doors and more! 2 stall attached garage and private yard! This house will be spectacular with some TLC! Fantastic price! Come see it today! Please see attached for important information

Last Agent to Sell the Property

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 11/09/2019

Last Buyer's Agent

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 11/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1928

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Wooded Lot
  • Property is zoned TN-LDR, TN-LDR

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,304 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1928
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1304.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2000.0
  • Tax Info:Zoning3: TN-LDR
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Water Heater:Natural Gas4: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1304.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1304.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 680.0
  • Kitchen Features:Breakfast Nook: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 100000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: TN-LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
The Elzar Group Llc
Bought by
Mclemore Robert and Mclemore Grace
Current Estimated Value
$240,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,664
Outstanding Balance
$138,573
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$93,849

Purchase Details

Listed on
Nov 9, 2019
Closed on
Feb 7, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
The Elazar Group Llc
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$100,000
Sold Price
$95,250
Premium/Discount to List
-$4,750
-4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Michigan State Housing Dev Authority
Bought by
He Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Sep 16, 2015
Sold by
Dukes Mary S
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
May 18, 2007
Sold by
The Harriet J Mollo Trust
Bought by
Dukes Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,116
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1997
Sold by
Mollo Harriet J
Bought by
Mollo Harriet J Trust and Dukes Mary
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
Mclemore Robert $156,500 Irongate Title Agency Llc
The Elazar Group Llc $95,250 Sun Title Agency Of Mi Llc
He Secretary Of Housing And Urban Dev -- None Available
Michigan State Housing Development Autho $95,685 Attorney
Dukes Mary $99,900 Metropolitan Title Company
Mollo Harriet J Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclemore Robert $153,664
Previous Owner Dukes Mary S $99,116
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $95,250 -4.8% $73 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $100,000 -- $77 / 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 $2,776 $113,200 $0 $0
2024 $2,776 $95,600 $0 $0
2023 $2,816 $88,600 $0 $0
2022 $2,674 $79,400 $0 $0
2021 $2,306 $67,800 $0 $0
2020 $3,166 $61,900 $0 $0
2019 $1,985 $56,300 $0 $0
2018 $1,924 $47,100 $0 $0
2017 $1,877 $41,400 $0 $0
2016 $1,256 $37,600 $0 $0
2015 $1,158 $37,600 $0 $0
2013 -- $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Charboneau

    Seller's Agent in 2020

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    10 in this area

    96 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19052750

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-454-004

Michigan Kent County Grand Rapids 49507 South East End

1850 Newark Ave SE, Grand Rapids, MI

This home is located at 1850 Newark Ave SE, Grand Rapids, MI 49507 since 09 November 2019 and is currently estimated at $240,556, approximately $184 per square foot. This property was built in 1928. 1850 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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