NOT LISTED FOR SALE

2242 Prospect Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $361,000 - $447,000

4 Beds
2 Baths
1,780 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 16, 2012

Last sale price $68,000 $38 Per Sq Ft

Est. 484% increase in value since last sale

Current estimated payment $2,446/month

66 Days on Market

Highlights

  • Living Room with Fireplace
  • Breakfast Area or Nook
  • Porch
  • Wood Flooring
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2012

Have Younger Children? The School Is Right Across The Street. Awesome Brick Ranch With 2 Fireplaces In Desirable Riverside Gardens Area. For Added Charm & An Open Feel The Living Room & Its Fireplace Are Visible To The Dining Area. Hardwood Floors Are In The Bedrooms. Huge Basement With Fireplace. Just A Little Bit Of Fresh Paint And This Is Going To Be A Sweet Buy For Someone.

Last Agent to Sell the Property

Thomas Sill

Agent History Listed on: 11/01/2011

Last Buyer's Agent

Mike Yablonsky

RE/MAX SunQuest Realty License #6501264567

RE/MAX SunQuest Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 75 x 104

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace
  • Recreation Room with Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75 x 104
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1780.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2377.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Wood Floor: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Utilities Attached:Extra Well: Yes
  • General Property Info:SqFt Above Grade: 1780.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wood Floor
  • Fireplace Features: Living, Rec Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1780.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Living: Yes
  • Fireplace:Rec Room: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Porch(es)
  • List Price: 79900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features:Detached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer, Public Water, Public Sewer, Natural Gas Available, Electricity Available, Cable Available, Broadband, Phone Connected, Natural Gas Connected, Cable Connected, Extra Well
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 75 x 104
  • Lot Size Sq Ft: 7800.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2377.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2011
Closed on
Feb 16, 2012
Sold by
Fannie Mae
Bought by
Posthumus Michael and Posthumus Rachel
Seller's Agent
Thomas Sill
Agent History
Buyer's Agent
Mike Yablonsky
RE/MAX SunQuest Realty
List Price
$86,000
Sold Price
$68,000
Premium/Discount to List
-$18,000
-20.93%
Current Estimated Value
$397,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,377
Avg. Annual Appreciation
13.82%

Purchase Details

Closed on
Feb 28, 2011
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 26, 2011
Sold by
Smith David
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 31, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
Buchanan Daniel J and Buchanan Nicole
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 29, 2004
Sold by
Dorothy M Long Revocable Trust
Bought by
Buchanan Daniel J and Buchanan Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Long Dorothy M
Bought by
Dorothy M Long Revocable Trust

Purchase Details

Closed on
Jan 10, 1998
Sold by
Long Long D D and Long D
Bought by
Posthumus Michael Rachel
Source: Public Records

Range of Values:

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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
Posthumus Michael $68,000 Parks Title
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $145,098 None Available
Smith David $122,500 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $107,229 None Available
Buchanan Daniel J $135,000 --
Dorothy M Long Revocable Trust -- --
Posthumus Michael Rachel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David $122,500
Previous Owner Buchanan Daniel J $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2012 02/16/12 Sold $68,000 -20.9% $38 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $86,000 -- $48 / 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 $3,968 $236,500 $0 $0
2024 $3,968 $222,800 $0 $0
2023 $4,026 $192,800 $0 $0
2022 $3,822 $176,600 $0 $0
2021 $3,737 $165,100 $0 $0
2020 $2,994 $136,900 $0 $0
2019 $3,136 $127,400 $0 $0
2018 $4,610 $113,500 $0 $0
2017 $4,497 $101,700 $0 $0
2016 $2,984 $91,900 $0 $0
2015 $2,775 $91,900 $0 $0
2013 -- $81,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Thomas Sill

    Agent History

  • Mike Yablonsky

    Buyer's Agent in 2012

    Mike Yablonsky

    RE/MAX Michigan

    (616) 299-0036

    2 in this area

    37 Total Sales

    Mike Yablonsky
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11058686

Southwestern Michigan Association of REALTORS®

APN: 41-14-07-329-003

Michigan Kent County Grand Rapids 49505 Creston

2242 Prospect Ave NE, Grand Rapids, MI

This home is located at 2242 Prospect Ave NE, Grand Rapids, MI 49505 since 01 November 2011 and is currently estimated at $397,377, approximately $223 per square foot. This property was built in 1958. 2242 Prospect Ave NE is a home located in Kent County with nearby schools including Riverside Middle School, Union High School, and ISJ Academy.

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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