NOT LISTED FOR SALE

2048 S Terrace Ln NE Unit 12 Grand Rapids, MI 49505

North East Citizens Action Neighborhood

Estimated Value: $312,000 - $459,000

3 Beds
3 Baths
2,631 Sq Ft
$530/mo HOA Fee

Last Sold October 25, 2024

Last sale price $310,000 $118 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,668/month

Highlights

  • Maid or Guest Quarters
  • Vaulted Ceiling
  • Sun or Florida Room
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • 2 Car Attached Garage

About This Home

As of October 2024

Sold before broadcast. Information is for comparison purposes only.

Last Listed By

David Mapes

JH Realty Partners License #6506041662 Listed on: 10/25/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 1993

Lot Details

  • Property fronts a private road
  • Private Entrance

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • HardiePlank Siding

Interior Spaces

  • 2,631 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Sink Near Laundry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • $250 HOA Transfer Fee
  • Association Phone (616) 874-3371
  • The Ravines Condos
  • Ravines Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,352

Year Built

Built in 1993

Lot Details

0

HOA Fees

$530 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Garage Door Opener, Guest Quarters, Whirlpool Tub, Eat-in Kitchen
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2631.0
  • Window Features: Screens, Insulated Windows
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Brick, HardiPlank Type
  • Exterior Features: 3 Season Room
  • List Price: 310000.0
  • Patio and Porch Features: Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room, Lower Level, Sink
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 530.0
  • Association Fee Frequency: Monthly
  • Association Phone: 616-874-3371
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 530.0
  • Association Info:Assoc Buy in Fee: 250
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Redstone Prop Mgmt
  • Association Info:Association Phone: 616.874.3371

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0 x 0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3352.34
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Oct 25, 2024
Sold by
Freide Arija M
Bought by
Jane A Tol Trust
Seller's Agent
David Mapes
JH Realty Partners
Buyer's Agent
Dwight Berens
RE/MAX of Grand Rapids (Stndl)
List Price
$310,000
Sold Price
$310,000
Total Days on Market
0
Views
1
Current Estimated Value
$353,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,551
Avg. Annual Appreciation
1.46%

Purchase Details

Closed on
Aug 16, 2024
Sold by
Freide Arija M
Bought by
Freide Shelby M and Freide Arija M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 11, 2024
Sold by
Arija M Freide Trust and Freide Ariza M
Bought by
Freide Arija M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 2024
Sold by
Freide Arija M
Bought by
Arija M Freide Trust

Purchase Details

Closed on
Mar 30, 1993
Sold by
Rvns By Mead and Freide Rvns
Bought by
Freide Arija M

Purchase Details

Closed on
Dec 16, 1992
Sold by
Perkins Perkins G G and Perkins Ts
Bought by
Freide Arija M

Purchase Details

Closed on
Apr 21, 1992
Sold by
Rvns Ravines and Rvns By Mead
Bought by
Freide Arija M

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
Jane A Tol Trust $310,000 Chicago Title
Freide Shelby M -- None Listed On Document
Freide Arija M -- None Listed On Document
Freide Arija M -- None Listed On Document
Arija M Freide Trust -- None Listed On Document
Freide Arija M $145,600 --
Freide Arija M -- --
Freide Arija M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freide Arija M $40,000
Previous Owner Freide Arija M $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $310,000 0.0% $118 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $310,000 -- $118 / 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
2024 $3,134 $197,000 $0 $0
2023 $3,002 $153,700 $0 $0
2022 $3,019 $149,100 $0 $0
2021 $2,951 $146,700 $0 $0
2020 $2,822 $133,500 $0 $0
2019 $2,955 $123,400 $0 $0
2018 $2,854 $125,000 $0 $0
2017 $2,779 $113,300 $0 $0
2016 $2,812 $99,500 $0 $0
2015 $2,615 $99,500 $0 $0
2013 -- $76,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Mapes

    JH Realty Partners

    2 in this area

    51 Total Sales

    David Mapes
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mary Mapes

    JH Realty Partners

    (616) 446-7955

    2 in this area

    55 Total Sales

    Mary Mapes
    Section Image
  • Dwight Berens

    Buyer's Agent in 2024

    Dwight Berens

    RE/MAX Michigan

    1 in this area

    63 Total Sales

    Dwight Berens
    Section Image
  • Heather Vanderveen

    Buyer Co-Listing Agent in 2024

    Heather Vanderveen

    RE/MAX Michigan

    (616) 318-2742

    1 in this area

    119 Total Sales

    Heather Vanderveen
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24056317

Southwestern Michigan Association of REALTORS®

APN: 41-14-16-227-012

Michigan Kent County Grand Rapids 49505 North East Citizens Action

2048 S Terrace Ln NE Unit 12, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 2048 S Terrace Ln NE Unit 12, Grand Rapids, MI 49505 since 25 October 2024 and is currently estimated at $353,551, approximately $134 per square foot. This property was built in 1993. 2048 S Terrace Ln NE Unit 12 is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union 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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