NOT LISTED FOR SALE

2345 52nd St SE Unit 63 Grand Rapids, MI 49508

Estimated Value: $237,543 - $252,000

1 Bed
1 Bath
915 Sq Ft
$205/mo HOA Fee

Last Sold September 28, 2015

Last sale price $62,546 $68 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $1,687/month

53 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • 1-minute walk to Stauffer Station Park
  • East Kentwood High School Rated A-
  • Private Entrance

About This Home

As of September 2015

HUD HOME! Disclosures: Individual condominium unit, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance, IN - FHA 203B eligible financing availability is subject to buyer's appraisal, HOA Management fee of $205.00 Monthly : SOUTHGATE PRECISION PROPERTY MANAGEMENT.

Last Agent to Sell the Property

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 07/17/2015

Last Buyer's Agent

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 07/17/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1988

Lot Details

  • Private Entrance

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 915 Sq Ft Home
  • 1-Story Property
  • Walk-Out Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Southgate Condominiums

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,369

Year Built

Built in 1988

Lot Details

0

HOA Fees

$205 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 915.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 1368.99
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:Condo Proj Name: Southgate Condominiums
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk Out
  • LivingArea: 915.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 67412.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Association Fee: 205.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 205.0
  • Association Info:Assoc Buy in Fee: unknown
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Roger Bera

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1368.99
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 24, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Biller Nathan
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Michael Childress
Childress & Associates Realty
List Price
$88,700
Sold Price
$62,546
Premium/Discount to List
-$26,154
-29.49%
Current Estimated Value
$244,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,840
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 2, 2013
Sold by
Parsons Tedi R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 7, 2008
Sold by
Federal National Mortgage Association
Bought by
Parsons Tedi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,718
Interest Rate
6.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 28, 2007
Sold by
Hackler Sherry
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Agustinelli Sherry L and Hackler Sherry L
Bought by
Agustinelli Frank E and Agustinelli Sherry L
Source: Public Records

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
Biller Nathan $62,546 Sun Title Agency Of Mi Llc
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $54,000 None Available
Parsons Tedi R $86,850 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
Countrywide Home Loans Inc $130,519 None Available
Agustinelli Frank E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parsons Tedi R $85,718
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Sold $62,546 -29.5% $68 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $88,700 -- $97 / 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 $2,170 $114,200 $0 $0
2024 $2,170 $111,700 $0 $0
2023 $2,310 $91,800 $0 $0
2022 $2,163 $79,000 $0 $0
2021 $2,119 $66,100 $0 $0
2020 $1,758 $67,600 $0 $0
2019 $2,027 $63,100 $0 $0
2018 $2,027 $56,200 $0 $0
2017 $1,951 $50,800 $0 $0
2016 $1,890 $43,600 $0 $0
2015 $1,694 $43,600 $0 $0
2013 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15026868

Southwestern Michigan Association of REALTORS®

APN: 41-18-28-485-068