NOT LISTED FOR SALE

1855 Lake Dr SE Grand Rapids, MI 49506

Estimated Value: $671,000 - $768,000

3 Beds
1.5 Baths
2,153 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $650,000 $302 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,740/month

2 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 2 Car Detached Garage
  • East Grand Rapids High School Rated A
  • 1 Fireplace
  • Porch

About This Home

As of May 2023

Welcome to your new home in East Grand Rapids, just steps away from Gaslight Village and Eastown! This stunning property offers the perfect blend of open space and private living, making it an ideal home for anyone looking for comfort and convenience.

As you step inside, you'll be greeted by an open and airy kitchen alongside a family room thats perfect for entertaining guests or relaxing after a long day. The large sliding glass doors along the back of the home flood both the kitchen and family room with natural light, highlighting the stylish finishes throughout.

As you make your way upstairs you will be greeted by a beautiful two-sided staircase along with 3 bedrooms, 1 full bath and nursery/bedroom. It doesn't end there. The potential in the attic and basement are also intriguing. Depending on your vision, they could offer additional living space, or even the opportunity to add another bedroom and bathroom.

Schedule a showing before this one is gone

Last Agent to Sell the Property

Michael Spiegel

The Local Element License #6501421459 Listed on: 04/20/2023

Last Buyer's Agent

Brad Ditmar

EXP Realty (Grand Rapids) License #6501363669

EXP Realty (Grand Rapids)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 72' x 160'
  • Shrub
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,156

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 3
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 72' X 160'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2153.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 6155.5
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1978.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space, Full
  • LivingArea: 2153.0
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Basement Finished SQFT: 175.0
  • Basement Rooms:Total Basement SQFT: 744.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes
  • Below Grade Sq Ft: 175.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 600000.0
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Roof: Asphalt, Composition, Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 72' X 160'
  • Lot Size Sq Ft: 11500.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6155.5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 18, 2023
Sold by
Bernard Matthew and Bernard Wendy
Bought by
Pallazola Vincent and Barris Lauren
Seller's Agent
Michael Spiegel
The Local Element
Buyer's Agent
Brad Ditmar
EXP Realty (Grand Rapids)
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Views
37
Current Estimated Value
$710,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,216
Avg. Annual Appreciation
3.79%
Original Mortgage
$630,000
Outstanding Balance
$607,568
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$102,648

Purchase Details

Closed on
Nov 20, 2000
Bought by
Bernard Matthew and Bernard Matthew

Purchase Details

Closed on
Sep 30, 1998
Sold by
Fritz John J
Bought by
Fritz John & Frances Trust and Bernard Matthew
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
Pallazola Vincent $650,000 Bell Title
Bernard Matthew $220,000 --
Fritz John & Frances Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallazola Vincent $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $650,000 +8.3% $302 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $600,000 -- $279 / 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 $11,692 $306,900 $0 $0
2024 $11,692 $262,700 $0 $0
2023 $6,480 $229,800 $0 $0
2022 $6,141 $209,600 $0 $0
2021 $5,985 $201,100 $0 $0
2020 $5,570 $204,100 $0 $0
2019 $5,891 $191,500 $0 $0
2018 $5,798 $167,700 $0 $0
2017 $5,704 $153,500 $0 $0
2016 $5,584 $131,400 $0 $0
2015 -- $131,400 $0 $0
2013 -- $124,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23011928

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-128-016