NOT LISTED FOR SALE

200 Madison Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood
-- Bed
-- Bath
21,000 Sq Ft
0.58 Acres

About This Home

This home is located at 200 Madison Ave SE, Grand Rapids, MI 49503. 200 Madison Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
State Of Michigan
Bought by
Madison Lofts Limited Dividend

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Outstanding Balance
$3,078,276
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 28, 2020
Sold by
The Kent County Land Bank Authority
Bought by
State Land Bank Authority

Purchase Details

Closed on
Dec 28, 2018
Sold by
Faith Ministries Center
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Dec 7, 1994

Purchase Details

Closed on
Dec 6, 1994
Sold by
Centr Ch and Pent Beth
Bought by
Faith Ministries Center
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Madison Lofts Limited Dividend $459,540 New Title Company Name
Madison Lofts Ltd Dividend Hsng Assn Llc -- None Available
State Land Bank Authority -- None Available
Kent County Land Bank Authority -- None Available
-- $160,000 --
Faith Ministries Center $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Lofts Ltd Dividend Hsng Assn Llc $535,000
Open Madioson Lofts Llc $3,400,000
Previous Owner Faith Ministries Center $4,500
Previous Owner Faith Ministries Center $305,166
Closed Kent County Land Bank Authority $0
Source: Public Records

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
2024 $168 $0 $0 $0
2023 $168 $0 $0 $0
2022 $307 $0 $0 $0
2021 $21,424 $410,500 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Heritage Hill

200 Madison Ave SE, Grand Rapids, MI

This home is located at 200 Madison Ave SE, Grand Rapids, MI 49503. 200 Madison Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

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