$20,000
SOLD MAR 1, 2018
3 Beds
2 Baths
1,136 Sq Ft
5,280 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

5 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of October 2019

Land Bank Home. Needs some cosmetics and repair, but not too bad overall. Basement has some foundation issues.
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

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 01/03/2018

Last Buyer's Agent

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 01/03/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1910

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Property is zoned LDR, LDR

Parking

  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,136 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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

$1,512

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1910
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1136.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Zoning3: LDR
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1136.0
  • General Property Info Garage YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1136.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 616.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 20000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x132
  • Lot Size Sq Ft: 5280.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 7, 2019
Sold by
Obrien Nathaniel
Bought by
Luettke Jacob H
Seller's Agent
Reed Hrynewich
Five Star Real Estate
Buyer's Agent
Robert Hogerwerf
LPT Realty
List Price
$147,900
Sold Price
$147,900
Current Estimated Value
$210,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,053
Avg. Annual Appreciation
6.05%
Original Mortgage
$145,220
Outstanding Balance
$130,144
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$78,049

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 1, 2019
Sold by
All Phase Enterprises Llc
Bought by
Brien Nathaniel O
Seller's Agent
Dennis Betten
Realty Michigan LLC
Buyer's Agent
Reed Hrynewich
Five Star Real Estate
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$90,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 13, 2019
Sold by
Baer Melissa J
Bought by
All Phase Enterprises Llc
Seller's Agent
Dennis Betten
Realty Michigan LLC
Buyer's Agent
Reed Hrynewich
Five Star Real Estate
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 1, 2018
Sold by
All Phase Enterries Llc
Bought by
Baer Melissa
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
600.00%

Purchase Details

Closed on
Jul 27, 2017
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Aurthor

Purchase Details

Closed on
May 5, 1998
Sold by
Leu Leu G G and Leu Ii Brent R
Bought by
Brent Robert J Ii

Purchase Details

Closed on
Feb 2, 1990
Sold by
Brent Brent T T and Brent Leu G
Bought by
Brent Robert J Ii

Purchase Details

Closed on
Feb 1, 1989
Bought by
Brent Robert J Ii
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 Type Sale Price Title Company
Warranty Deed $147,900 Star Title Agency Llc
Warranty Deed $140,000 Sun Title Agency Of Mi Llc
Quit Claim Deed -- None Available
Legal Action Court Order -- Sun Title Agency Of Michigan
Warranty Deed $20,000 Sun Title Agency Of Michigan
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,220 FHA
Closed $3,611 Second Mortgage Made To Cover Down Payment
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $147,900 0.0% $116 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $147,900 +5.6% $116 / Sq Ft
03/01/2019 03/01/19 Sold $140,000 -3.4% $109 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $144,900 +624.5% $113 / Sq Ft
03/01/2018 03/01/18 Sold $20,000 0.0% $18 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $20,000 -- $18 / 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 $1,512 $88,600 $0 $0
2024 $1,512 $78,300 $0 $0
2023 $1,534 $69,400 $0 $0
2022 $1,457 $53,800 $0 $0
2021 $1,424 $46,000 $0 $0
2020 $1,362 $41,300 $0 $0
2019 $1,830 $34,300 $0 $0
2018 $0 $0 $0 $0
2017 $588 $21,100 $0 $0
2016 $595 $20,000 $0 $0
2015 $553 $20,000 $0 $0
2013 -- $20,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18000242

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-377-018