NOT LISTED FOR SALE

2318 Oakwood Dr SE Grand Rapids, MI 49506

Estimated Value: $842,000 - $1,293,000

4 Beds
3.5 Baths
3,774 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $398,000 $105 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,462/month

35 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Attic Fan
  • East Grand Rapids High School Rated A
  • Attached Garage
  • Humidifier

About This Home

As of January 2013

This great 4 bedroom, 3 1/2 bath, 2-story house in East Grand Rapids has had a large main floor addition that makes the floor plan, spacious, open and conducive for today's style of living. With almost 3800 square feet of finished living, it includes all bedrooms and laundry room on the second level. The main floor has an office, a dining room and a large living room with a tiled fireplace, wood mantel and raised hearth. The French pocket doors open to a great room with vaulted and wood beam ceilings. Three sets of glass sliders offer great views of the private back yard. The spacious chef's kitchen includes all appliances, wood flooring, tasteful built-ins and eating area with a bay window. Hip color palette. From the kitchen there is a large screen porch. The lower level walkout is com

Last Agent to Sell the Property

Hugh Griffith

Keller Williams GR East Listed on: 10/25/2012

Keller Williams GR East

Last Buyer's Agent

Paul Schwallier

Great Lakes Signature Prop License #6502342888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,769

Year Built

  • Built in 1958

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,774 Sq Ft Home
  • Ceiling Fan
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Humidifier
  • Cable TV Available

Additional Features

  • Spa
  • 0.25 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,769

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Cook Top, Dishwasher, Oven, Refrigerator
  • Interior Amenities: Attic Fan, Ceiling Fans, Ceramic Floor, Garage Door Opener, Hot Tub Spa, Humidifier, Wet Bar, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk Out
  • LivingArea: 3774.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 424900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10872.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2012
Closed on
Jan 15, 2013
Sold by
Hipps Shane and Hipps Andrea
Bought by
Ratchford Erik M and Ratchford Julia A
Seller's Agent
Hugh Griffith
Keller Williams GR East
Buyer's Agent
Paul Schwallier
Great Lakes Signature Prop
List Price
$424,900
Sold Price
$398,000
Premium/Discount to List
-$26,900
-6.33%
Current Estimated Value
$998,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,544
Avg. Annual Appreciation
7.01%
Original Mortgage
$398,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Minnema Robert J and Minnema Anne M
Bought by
Hipps Shane and Hipps Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Clark Sue A
Bought by
Minnema Robert and Minnema Anne

Purchase Details

Closed on
Dec 7, 1993
Bought by
Mitchell Sue A and Ratchford Erik M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ratchford Erik M $398,000 Grand Title Agency Llc
Hipps Shane $423,000 Grand Rapids Title Agency Ll
Minnema Robert $264,000 --
Mitchell Sue A $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratchford Erik M $150,000
Open Ratchford Erik M $477,000
Previous Owner Ratchford Erik M $398,000
Previous Owner Hipps Shane $256,000
Previous Owner Hipps Shane $260,000
Previous Owner Minnema Robert J $300,000
Previous Owner Minnema Robert J $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2013 01/15/13 Sold $398,000 -6.3% $105 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $424,900 -- $113 / 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 $12,769 $439,000 $0 $0
2024 $12,769 $423,100 $0 $0
2023 $13,128 $374,600 $0 $0
2022 $12,443 $339,300 $0 $0
2021 $12,127 $326,000 $0 $0
2020 $11,285 $293,500 $0 $0
2019 $11,937 $261,200 $0 $0
2018 $11,746 $238,100 $0 $0
2017 $11,629 $224,000 $0 $0
2016 $10,645 $216,800 $0 $0
2015 -- $216,800 $0 $0
2013 -- $195,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12057208

Southwestern Michigan Association of REALTORS®

APN: 41-18-04-231-004