NOT LISTED FOR SALE

2540 Albert Dr SE Grand Rapids, MI 49506

Estimated Value: $505,000 - $587,276

5 Beds
1.5 Baths
1,990 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $345,000 $173 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,786/month

27 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Breakfast Area or Nook
  • East Grand Rapids High School Rated A
  • Sun or Florida Room
  • 2 Car Detached Garage

About This Home

As of December 2021

Lovely colonial on tree lined street. Double lot. Walk to schools, Reeds Lake and Gas Light Village. Updated kitchen and breakfast nook/eating area with new cabinets and countertops in 2019, refinished oak hardwood floors, New roof in 2020, 2 wood burning fireplaces (LR and RR), screened in porch off formal dining room, central air, appliances included, fresh paint, 2 stall garage with rewired electric with additional outlets in 2021, Updated electrical service and new chimney cap in 2012,

Last Agent to Sell the Property

Gregory Zizos

Keller Williams GR East License #6501232912 Listed on: 10/20/2021

Keller Williams GR East

Last Buyer's Agent

Blake Boehm

Greenridge Realty (EGR)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,948

Year Built

  • Built in 1948

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 98 x 100
  • Property is zoned residwntial, residwntial

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Storm Windows

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Utilities

  • 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

$9,948

Year Built

Built in 1948

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: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 98 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1990.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Zoning3: residwntial
  • Waterfront Options:Water Access YN: No
  • 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
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 1590.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Pantry
  • Fireplace Features: Living Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1990.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Finished SQFT: 400.0
  • Basement Rooms:Total Basement SQFT: 800.0
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Rec Room: Yes
  • Below Grade Sq Ft: 400.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: 3 Season Room
  • List Price: 375000.0
  • Roof: Composition, Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 98 x 100
  • Lot Size Sq Ft: 9714.0
  • Zoning Description: residwntial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 10, 2021
Sold by
Douglas M Kniff Trust
Bought by
Stelter Michael and Steller Krista
Seller's Agent
Gregory Zizos
Keller Williams GR East
Buyer's Agent
Blake Boehm
Greenridge Realty (EGR)
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Total Days on Market
27
Current Estimated Value
$535,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,451
Avg. Annual Appreciation
13.98%
Original Mortgage
$276,000
Outstanding Balance
$255,342
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$300,922

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 1, 2021
Sold by
Knifi Douglas M and Douglas M Knifi Trust
Bought by
Stelter Michael and Stelter Krista
Seller's Agent
Gregory Zizos
Keller Williams GR East
Buyer's Agent
Blake Boehm
Greenridge Realty (EGR)
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$255,342
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$300,922

Purchase Details

Closed on
Sep 6, 2018
Sold by
Kniff Douglas M and Kniff Douglas
Bought by
Kniff Donglas M and The Douglas M Kniff Trust

Purchase Details

Listed on
Jul 18, 2011
Closed on
Jul 16, 2012
Sold by
Collins Susan L and Collins Hiram W
Bought by
Nicely Trudy and Kniff Douglas
Seller's Agent
Sandra Keiser
Agent History
Buyer's Agent
Trudy Nicely
Agent History
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
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
Stelter Michael $345,000 Chicago Title
Stelter Michael $345,000 Chicago Title Of Mi Inc
Kniff Donglas M -- None Available
Nicely Trudy $170,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stelter Michael $276,000
Closed Stelter Michael $276,000
Previous Owner Collins Susan L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $345,000 -8.0% $173 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $375,000 +120.6% $188 / Sq Ft
07/16/2012 07/16/12 Sold $170,000 -15.0% $106 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
07/18/2011 07/18/11 For Sale $199,900 -- $125 / 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 $9,948 $281,200 $0 $0
2024 $9,948 $263,900 $0 $0
2023 $10,091 $230,400 $0 $0
2022 $7,913 $165,500 $0 $0
2021 $6,890 $159,600 $0 $0
2020 $6,516 $155,700 $0 $0
2019 $6,751 $148,500 $0 $0
2018 $6,593 $144,000 $0 $0
2017 $6,478 $131,800 $0 $0
2016 $6,363 $124,300 $0 $0
2015 -- $124,300 $0 $0
2013 -- $91,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21111604

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-182-005