NOT LISTED FOR SALE

2540 Richards Dr SE Grand Rapids, MI 49506

Estimated Value: $522,532 - $578,000

4 Beds
1.5 Baths
2,291 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $373,000 $163 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,597/month

33 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Wood Flooring
  • East Grand Rapids High School Rated A
  • Traditional Architecture
  • 1 Car Detached Garage

About This Home

As of September 2021

Open House: Monday July 12th, from 5-7pm. Situated on a quiet, tree lined, street in the heart of East Grand Rapids, this fantastic home offers 4 Bedrooms (plus office!), 1.5 baths, and close to 2,300 sq. ft. of living space. Enter to find a floorplan that is super functional and very spacious. The main level features a crisp and clean kitchen which is open to the dining room, a large and bright living room, with a cozy fireplace, along with a convenient half bath. Around the corner you will find a dedicated office space, with a slider to the idyllic back yard. Upstairs you will find 4 bedrooms with great space, along with a full bath. Great natural light and airflow, with replacement windows through the upper level. Backyard with Southern exposure and beautiful deck, a gardener's dream! All of this just a 10 minute walk to Breton Village, 3 minutes to Breton Elementary, 2 minutes to Rapid Bus stop, and easily accessible to all that EGR has to offer. Take a stroll to Reed's Lake or Gaslight Village, they're not too far! Don't miss your chance to see this one!

Last Agent to Sell the Property

Wyatt Martin

Greenridge Realty (EGR) Listed on: 06/30/2021

Last Buyer's Agent

Sheree Broussard

Greenridge Realty (Summit) License #6501275428

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,160

Year Built

  • Built in 1957

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Garden
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 2,291 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Replacement Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,160

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x110
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2291.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 7160.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: 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
  • 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:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1826.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Living Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2291.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Fireplace:Rec Room: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Fencing: Fenced Back
  • List Price: 385000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 50x110
  • Lot Size Sq Ft: 5489.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7160.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 2, 2021
Sold by
Chen Pei and Du Xin
Bought by
Worden Evan and Jiang Mary A
Seller's Agent
Wyatt Martin
Greenridge Realty (EGR)
Buyer's Agent
Sheree Broussard
Greenridge Realty (Summit)
List Price
$385,000
Sold Price
$373,000
Premium/Discount to List
-$12,000
-3.12%
Current Estimated Value
$544,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,383
Avg. Annual Appreciation
8.80%
Original Mortgage
$354,350
Outstanding Balance
$324,533
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$199,845

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 30, 2018
Sold by
Flink David A and Flink Sharon A
Bought by
Chen Pei and Du Xin
Seller's Agent
Kevin Yoder
Yoder Real Estate - I
Buyer's Agent
Jamie Rodriguez
Windpoint Realty LLC
List Price
$300,000
Sold Price
$272,000
Premium/Discount to List
-$28,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Aug 2, 1999
Sold by
Hobson Kathryn J
Bought by
Flink David A and Flink David A

Purchase Details

Closed on
Jul 1, 1988
Bought by
Hobson Kathryn J and Flink David A
Source: Public Records

Range of Values:

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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
Worden Evan $373,000 Chicago Title Of Mi Inc
Chen Pei $272,000 None Available
Flink David A $172,000 --
Hobson Kathryn J $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worden Evan $62,275
Open Worden Evan $354,350
Previous Owner Flink David A $35,000
Previous Owner Flink David $152,000
Previous Owner Flink David $9,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $373,000 -3.1% $163 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $385,000 +41.5% $168 / Sq Ft
08/30/2018 08/30/18 Sold $272,000 -9.3% $119 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $300,000 -- $131 / 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 $8,357 $242,600 $0 $0
2024 $8,357 $231,300 $0 $0
2023 $8,087 $191,300 $0 $0
2022 $7,151 $160,300 $0 $0
2021 $7,167 $152,700 $0 $0
2020 $6,670 $150,900 $0 $0
2019 $7,055 $144,100 $0 $0
2018 $4,753 $131,900 $0 $0
2017 $4,622 $117,000 $0 $0
2016 $4,525 $110,200 $0 $0
2015 -- $110,200 $0 $0
2013 -- $89,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21025295

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-180-006