NOT LISTED FOR SALE

228 Lane Ave SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $177,000 - $206,000

2 Beds
1 Bath
1,011 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $82,500 $82 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,167/month

Highlights

  • Recreation Room
  • Den
  • Living Room
  • Traditional Architecture
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of September 2019

Great potential for owner occupant or rental in popular area. 3 bedroom/1 bath with 2 stall garage, vinyl sided, replacement windows, newer hot water heater and updated electrical. Needs cosmetics. Easy to show.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 07/31/2019

Compass Realty Services

Last Buyer's Agent

Jodi Holland

Charter Properties License #6501324504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1880

Lot Details

  • 3,093 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Property is zoned N/A, N/A

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,011 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Michigan Basement
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 84.08
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 25x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1011.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1200.0
  • Tax Info:Zoning3: N/A
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1011.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement, Partial
  • LivingArea: 1011.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 324.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 85000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

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

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 25x125
  • Lot Size Sq Ft: 3093.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Rinvelt Amanda
Bought by
Anderson Vanessa C
Current Estimated Value
$191,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,905
Outstanding Balance
$126,945
Interest Rate
5.22%
Mortgage Type
Balloon
Estimated Equity
$64,216

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 30, 2019
Sold by
Wedeven Thomas
Bought by
Rinvelt Amanda
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Jodi Holland
Charter Properties
List Price
$85,000
Sold Price
$82,500
Premium/Discount to List
-$2,500
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$78,375
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2009
Sold by
Green Martin W and Green Ruth E
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 26, 2006
Sold by
Ventures Verde
Bought by
Rightside Investments Llc

Purchase Details

Closed on
Jun 2, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Jun 8, 2005
Sold by
Martinac John M and Martinac Diane L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
May 12, 1989

Purchase Details

Closed on
Mar 25, 1988

Purchase Details

Closed on
Mar 23, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Vanessa C $139,900 --
Rinvelt Amanda -- Pathway Title Agency Llc
Federal Home Loan Mortgage Corp $66,744 None Available
Rightside Investments Llc -- None Available
Household Finance Corp Iii -- None Available
Mortgage Electronic Registration Systems $75,601 --
-- $33,900 --
-- $100 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Vanessa C $132,905
Previous Owner Rinvelt Amanda $78,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $82,500 -2.9% $82 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $85,000 -- $84 / Sq Ft
Source: MichRIC

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 $1,928 $75,500 $0 $0
2024 $1,928 $71,600 $0 $0
2023 $1,846 $57,900 $0 $0
2022 $1,488 $53,900 $0 $0
2021 $1,556 $47,500 $0 $0
2020 $1,391 $42,200 $0 $0
2019 $1,136 $33,500 $0 $0
2018 $1,101 $25,400 $0 $0
2017 $1,074 $21,900 $0 $0
2016 $1,079 $21,200 $0 $0
2015 $1,028 $21,200 $0 $0
2013 -- $22,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Koetsier

    Seller's Agent in 2019

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    8 in this area

    113 Total Sales

    Allison Koetsier
    Section Image

  • J

    Buyer's Agent in 2019

    Jodi Holland

    Charter Properties

    (616) 843-5111

    16 Total Sales

    Jodi Holland
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 19030936

MichRIC

APN: 41-13-26-476-013

Michigan Kent County Grand Rapids 49504 SWAN

228 Lane Ave SW, Grand Rapids, MI

Not Listed for Sale

Detached

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