NOT LISTED FOR SALE

2440 Elmwood Dr SE Grand Rapids, MI 49506

Estimated Value: $818,004 - $894,000

4 Beds
4 Baths
3,040 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $425,000 $140 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,740/month

155 Days on Market

Highlights

  • Recreation Room
  • 3 Fireplaces
  • Living Room
  • East Grand Rapids High School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2016

Two story brick, 4 bedroom, 2 full and two 1/2 baths, 2 car attached garage,3 car wide driveway, 3 fireplaces, family room addition with deck, replaced windows, roof,furnace, water heater and sump pump. Attached storage for patio furniture, 10 min to downtown, colleges nearby. Easy walk or bike to schools, Reeds Lake, Roses and ice cream in Gaslight Village. Colleges/universities-Western Michigan ,Cooley Law school, Calvin College, Grand Valley State University, Cornerstone and Central Michigan University.

Last Agent to Sell the Property

Michael Ross

Grand Rapids Realty License #6502126663 Listed on: 04/07/2016

Last Buyer's Agent

Joshua Heyboer

Keller Williams GR East

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 76x156

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,630

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 76x156
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3040.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 6630.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 3.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • General Property Info:SqFt Above Grade: 2634.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 3040.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 449000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 76x156
  • Lot Size Sq Ft: 11630.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6630.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Oct 14, 2016
Sold by
Dembinsky Ira W and Dembinsky Kathleen A
Bought by
Walton Caroline R and Gray Justin A
Seller's Agent
Michael Ross
Grand Rapids Realty
Buyer's Agent
Joshua Heyboer
Keller Williams GR East
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$857,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,751
Avg. Annual Appreciation
8.14%
Original Mortgage
$403,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Dembinsky Ira W and Dembinsky Kathleen A
Bought by
Dembinsky Ira W and Dembinsky Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Dembinsky Ira W and Dembinsky Kathleen A
Bought by
Dembinsky Ira W and Dembinsky Kathleen A
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
Walton Caroline R $425,000 Grand Rapids Title Co Llc
Dembinsky Ira W -- None Available
Dembinsky Ira W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Caroline Ross $120,000
Open Walton Caroline R $390,000
Closed Walton Caroline R $403,750
Previous Owner Dembinsky Ira W $195,900
Previous Owner Dembinsky Ira W $100,000
Previous Owner Dembinsky Ira W $220,500
Previous Owner Dembinsky Ira W $220,000
Previous Owner Dembinsky Ira W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $425,000 -5.3% $140 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $449,000 -- $148 / 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 $12,805 $361,100 $0 $0
2024 $12,805 $342,700 $0 $0
2023 $13,165 $293,700 $0 $0
2022 $12,477 $264,500 $0 $0
2021 $12,121 $253,000 $0 $0
2020 $11,280 $254,500 $0 $0
2019 $11,931 $243,700 $0 $0
2018 $11,860 $240,400 $0 $0
2017 $11,824 $214,600 $0 $0
2016 $6,675 $195,600 $0 $0
2015 -- $195,600 $0 $0
2013 -- $170,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Ross

    Grand Rapids Realty

    (616) 742-2400

    1 in this area

    16 Total Sales

    Michael Ross
    Section Image
  • Joshua Heyboer

    Buyer's Agent in 2016

    Joshua Heyboer

    Keller Williams GR East

    (616) 446-4067

    136 Total Sales

    Joshua Heyboer
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16013977

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-151-007

Michigan Kent County Grand Rapids 49506

2440 Elmwood Dr SE, Grand Rapids, MI

This home is located at 2440 Elmwood Dr SE, Grand Rapids, MI 49506 since 07 April 2016 and is currently estimated at $857,751, approximately $282 per square foot. This property was built in 1956. 2440 Elmwood Dr SE is a home located in Kent County with nearby schools including East Grand Rapids High School, St. Paul the Apostle School, and Our Savior Lutheran 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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