NOT LISTED FOR SALE

2486 Summit Ridge Dr NE Unit 49 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $409,000 - $554,000

4 Beds
2.5 Baths
2,677 Sq Ft
2007 Built

Last Sold July 18, 2012

Last sale price $203,900 $76 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,938/month

31 Days on Market

Highlights

  • Attached Garage
  • Ceiling Fan
  • Gas Log Fireplace
  • Humidifier

About This Home

As of July 2012

Beautiful nature reserve park right in your backyard with privacy and wild life. Location is superior close to major highways, downtown, Rockford, Forest Hills and much more. Stunning granite kitchen with stainless steel appliances, cathedral ceilings, large eating area for snacking or meals. Two large laminate shelved panties and loads of natural light. Corner fireplace, very large private master suite with bay window, tray ceiling, huge walk-in-closet, double sinks and 2 inch cultured marble tops, second bedroom/den on main level with transom window and glass french doors. Main level laundry/half bath, finished daylight lower level with a bonus sunroom with 270* degree window coverage, Sony built in audio media room in lower level, two more bedrooms one with glass french doors, an

Last Agent to Sell the Property

Jennifer Krzykwa

Five Star Real Estate (Main) License #6501356631 Listed on: 05/21/2012

Last Buyer's Agent

Theresa Robinson

616 Realty LLC License #6506048250

616 Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 2007

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,677 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Laminate Flooring
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Humidifier
  • Natural Gas Connected
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,540

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Humidifier, Laminate Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 2677.0

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • List Price: 204900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Interior Unit
  • Association Fee: 190.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Jul 18, 2012
Sold by
Zelik Daniel B and Zelik Deidra
Bought by
Susan H Margelis Trust
Seller's Agent
Jennifer Krzykwa
Five Star Real Estate (Main)
Buyer's Agent
Theresa Robinson
616 Realty LLC
List Price
$204,900
Sold Price
$203,900
Premium/Discount to List
-$1,000
-0.49%
Current Estimated Value
$482,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,879
Avg. Annual Appreciation
6.74%
Original Mortgage
$163,120
Outstanding Balance
$112,919
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$369,860

Purchase Details

Closed on
Apr 4, 2011
Sold by
Michigan Commerce Bank
Bought by
Zelik Daniel B and Zelik Deidra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Graham Lobrutto Inc
Bought by
Michigan Commerce Bank

Purchase Details

Closed on
Nov 28, 2007
Sold by
Redstone Group Aberdeen Ridge Llc
Bought by
Graham Lobrutto Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Susan H Margelis Trust $203,900 Grand Rapids Title Agency Ll
Zelik Daniel B $185,000 Grand Rapids Title Co Llc
Michigan Commerce Bank -- None Available
Graham Lobrutto Inc $321,116 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susan H Margelis Trust $163,120
Previous Owner Zelik Daniel B $138,750
Previous Owner Graham Lobrutto Inc $1,436,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2012 07/18/12 Sold $203,900 -0.5% $76 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $204,900 -- $77 / 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 $4,540 $212,000 $0 $0
2024 $4,540 $206,300 $0 $0
2023 $4,606 $180,700 $0 $0
2022 $4,373 $181,000 $0 $0
2021 $4,276 $180,300 $0 $0
2020 $4,087 $160,000 $0 $0
2019 $4,281 $163,100 $0 $0
2018 $4,134 $157,400 $0 $0
2017 $4,025 $140,600 $0 $0
2016 $4,073 $132,800 $0 $0
2015 $3,788 $132,800 $0 $0
2013 -- $111,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12028119

Southwestern Michigan Association of REALTORS®

APN: 41-14-09-177-049