NOT LISTED FOR SALE

2500 Elmwood Dr SE Grand Rapids, MI 49506

Estimated Value: $752,000 - $847,423

4 Beds
2 Baths
3,082 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $790,000 $256 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,458/month

5 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Traditional Architecture
  • East Grand Rapids High School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2022

Spectacular East Grand Rapids Home in the Award winning EGR school district & located on one of this areas most desired streets within walking distance to Gaslight Village, schools, library, restaurants, shopping, Reeds Lake, and so much more. Boasting of designer touches and modern decor this home offers a spacious open floor plan w/ 9' ceilings making for a great easy living & entertaining space. The beautiful kitchen is equipped w/ granite counters, stainless steel appliances, large center island leading to a large dining area. The kitchen and dining area are showcased by 3 large glass sliders to the gorgeous professionally landscaped backyard offering an abundance of daylight. The main floor also includes a living room with fireplace and a family room along with an updated full bathroom and main floor laundry. The upstairs includes 3 large bedrooms including the primary bedroom, the 2nd full bathroom and plenty of closet space. The lower level includes another great family room area with fireplace, a custom built-in desk/office, and the very spacious 4th bedroom, tons of storage space and newer mechanicals. The sellers also recently repainted the entire exterior, installed a brand new concrete driveway, and had the front and backyard professionally landscaped with gorgeous perrennials/shrubs/trees, along with new paver patios surrounding the spacious wood deck (side patio includes a built-in fire pit). This home will impress your most discerning buyers... you will not want to miss this opportunity...hurry and set up your showing today.
Any and all offers to be reviewed on Sunday, May 15th at 12pm.

Last Agent to Sell the Property

Janet Romanowski Realtor

Greenridge Realty (EGR) License #6501327065 Listed on: 05/09/2022

Last Buyer's Agent

Kevin Southwick

Coldwell Banker Schmidt Realtors License #6501351116

Coldwell Banker Schmidt Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 74x180
  • Decorative Fence
  • Shrub
  • Wooded Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,500

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 74x180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3082.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 9500.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Substructure:Daylight: Yes
  • Landscape:Decor Fence: Yes
  • General Property Info:SqFt Above Grade: 2104.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Broadband, Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight, Full
  • LivingArea: 3082.0
  • Window Features: Low-Emissivity Windows, Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Finished SQFT: 978.0
  • Basement Rooms:Total Basement SQFT: 1304.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Below Grade Sq Ft: 978.0

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced Back
  • List Price: 749900.0
  • Lot Features: Sidewalk, Wooded
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 74x180
  • Lot Size Sq Ft: 13329.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9500.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 16, 2022
Sold by
Theodor Asgeirsson
Bought by
Jimenez Lissette and Aljallad Jamil
Seller's Agent
Janet Romanowski Realtor
Greenridge Realty (EGR)
Buyer's Agent
Kevin Southwick
Coldwell Banker Schmidt Realtors
List Price
$749,900
Sold Price
$790,000
Premium/Discount to List
$40,100
5.35%
Current Estimated Value
$803,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,856
Avg. Annual Appreciation
0.55%
Original Mortgage
$750,000
Outstanding Balance
$705,765
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$98,091

Purchase Details

Listed on
Jun 13, 2013
Closed on
Aug 23, 2013
Sold by
Whallon Richard T and Whallon Shelli Stuiber
Bought by
Asgeirsson Theodor
Seller's Agent
Ryan Formsma
Arcadia Real Estate LLC
Buyer's Agent
Marie Hillery
Marie Ann Hillery
List Price
$429,000
Sold Price
$414,500
Premium/Discount to List
-$14,500
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$393,775
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1999
Sold by
Schumar James and Schumar Mary
Bought by
Whallon Richard and Whallon Shelli

Purchase Details

Closed on
Dec 10, 1990
Bought by
Schumar James F and Asgeirsson Theodor
Source: Public Records

Range of Values:

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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
Jimenez Lissette $790,000 Chicago Title
Asgeirsson Theodor $414,500 Midstate Title Agency Llc
Whallon Richard $196,000 --
Schumar James F $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Lissette $750,000
Previous Owner Asgeirsson Theodor $382,000
Previous Owner Asgeirsson Theodor $60,000
Previous Owner Asgeirsson Theodor $73,900
Previous Owner Asgeirsson Theodor $393,775
Previous Owner Whallow Richard T $114,000
Previous Owner Whallon Richard T $100,000
Previous Owner Whallon Richard T $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $790,000 +5.3% $256 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $749,900 +80.9% $243 / Sq Ft
08/23/2013 08/23/13 Sold $414,500 -3.4% $143 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $429,000 -- $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 $12,931 $353,500 $0 $0
2024 $12,931 $333,600 $0 $0
2023 $13,065 $276,700 $0 $0
2022 $9,597 $256,800 $0 $0
2021 $9,353 $276,400 $0 $0
2020 $8,704 $262,100 $0 $0
2019 $9,206 $250,900 $0 $0
2018 $9,060 $216,700 $0 $0
2017 $8,817 $210,600 $0 $0
2016 $8,632 $175,800 $0 $0
2015 -- $175,800 $0 $0
2013 -- $153,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22016821

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-151-011