NOT LISTED FOR SALE

234 Market Ave SW Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood
-- Bed
-- Bath
265,905 Sq Ft
1.99 Acres

About This Home

This home is located at 234 Market Ave SW, Grand Rapids, MI 49503. 234 Market Ave SW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Burton Middle School, and Union High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Grand Rapids Market Avenue Place Llc
Bought by
234 Market Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,625,000
Outstanding Balance
$37,604,382
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2021
Sold by
Grand Rapids Market Avenue Place Llc
Bought by
234 Market Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,625,000
Outstanding Balance
$37,604,382
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Grand Rapids Market Avenue Place Llc
Bought by
Grand Rapids Market Avenue Place Llc

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ml James Llc
Bought by
Grand Rapids Market Avenue Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Sennett Steel Holdings Corp
Bought by
Ml Blair Llc

Purchase Details

Closed on
Jan 11, 1996
Sold by
Sennett Stl and City Gr
Bought by
City Gr and Ml Blair Llc

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.

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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.

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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.

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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.

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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
234 Market Lp -- None Listed On Document
234 Market Lp -- None Available
Grand Rapids Market Avenue Place Llc -- None Available
Grand Rapids Market Avenue Place Llc -- First American Title Ins Co
Ml Blair Llc -- --
City Gr $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 234 Market Lp $40,625,000
Closed 234 Market Lp $40,625,000
Previous Owner Grand Rapids Market Avenue Place Llc $3,100,000
Previous Owner Ml Blair Llc $1,200,000
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 $927,968 $24,149,300 $0 $0
2023 $840,924 $19,299,300 $0 $0
2022 $799,768 $15,423,400 $0 $0
2021 $647,708 $14,704,600 $0 $0
2020 $626,012 $14,704,100 $0 $0
2019 $640,960 $13,275,700 $0 $0
2018 $267,579 $5,876,300 $0 $0
2017 $56,797 $1,061,700 $0 $0
2016 $54,889 $952,100 $0 $0
2015 $44,540 $952,100 $0 $0
2013 -- $846,800 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

234 Market Ave SW, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 234 Market Ave SW, Grand Rapids, MI 49503. 234 Market Ave SW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Burton 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.

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