NOT LISTED FOR SALE

2531 Inverness Rd SE Unit E-5 Grand Rapids, MI 49546

Ridgemoor Neighborhood

Estimated Value: $378,000 - $406,000

2 Beds
3 Baths
1,309 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 2531 Inverness Rd SE Unit E-5, Grand Rapids, MI 49546 and is currently estimated at $393,782, approximately $300 per square foot. 2531 Inverness Rd SE Unit E-5 is a home located in Kent County with nearby schools including Sherwood Park Global Studies Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Esposito Luke
Bought by
Esposito Luke and Vukorpa Kelly
Current Estimated Value
$389,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$278,608
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$102,231

Purchase Details

Closed on
Jun 20, 2024
Sold by
Vicente Carlos and Ruiz Edgar Mier
Bought by
Esposito Luke Francesco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$278,608
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$102,231

Purchase Details

Closed on
Jul 22, 2021
Sold by
Townhomes Of Breton Village Llc
Bought by
Vicente Carlos and Ruiz Edgar Mier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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

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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
Esposito Luke -- None Listed On Document
Esposito Luke Francesco $375,000 Chicago Title
Vicente Carlos $345,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esposito Luke $281,250
Previous Owner Vicente Carlos $327,750
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
2025 $5,099 $182,000 $0 $0
2024 $5,099 $160,800 $0 $0
2023 $5,077 $159,200 $0 $0
2022 $5,391 $160,100 $0 $0
2021 $3,170 $76,000 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49546 Ridgemoor

2531 Inverness Rd SE Unit E-5, Grand Rapids, MI

This home is located at 2531 Inverness Rd SE Unit E-5, Grand Rapids, MI 49546 and is currently estimated at $393,782, approximately $300 per square foot. 2531 Inverness Rd SE Unit E-5 is a home located in Kent County with nearby schools including Sherwood Park Global Studies Academy, Alger Middle School, and Ottawa Hills High School.

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