2542 Summit Ridge Dr NE Unit 40 Grand Rapids, MI 49505
Creston NeighborhoodEstimated Value: $422,000 - $492,000
2
Beds
2.5
Baths
2,279
Sq Ft
$225/mo
HOA Fee
Highlights
- Under Construction
- Wooded Lot
- Breakfast Area or Nook
- Deck
- 1 Fireplace
- 2 Car Attached Garage
About This Home
As of November 2014UNDER CONSTRUCTION, estimated completion in August 2014. Stylish ranch condo with wonderful floor plan! Main level amendities include a gourmet kitchen with granite, tile back splash, SS appliances and beauiful raised island with adjoining breakfast nook and separate dining area. Enjoy the open floor plan highlighted with den, living room and fourseason room with deck. Great convenience with MFU, 1/2 bath and spacious master suite with full bath and WIC. Incredible natural setting overlooking wooded ravine. The lower level walk out offers a bedroom, full bath and large family room that opens to a lower deck facing the woods. Quality built by Redstone Home builders. Close to shopping, entertainment,medical and more.
Last Listed By
Thomas Clement
Coldwell Banker AJS (28th St) Listed on: 12/20/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,795
Year Built
- Built in 2013 | Under Construction
Lot Details
- Property fronts a private road
- Shrub
- Sprinkler System
- Wooded Lot
HOA Fees
- $225 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Brick or Stone Mason
- Composition Roof
- Aluminum Siding
- Vinyl Siding
- Stone
Interior Spaces
- 2,279 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Low Emissivity Windows
- Insulated Windows
- Bay Window
- Window Screens
- Living Room
- Dining Area
- Walk-Out Basement
- Laundry on main level
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Snack Bar or Counter
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
Accessible Home Design
- Doors are 36 inches wide or more
Outdoor Features
- Deck
- Patio
Location
- Mineral Rights Excluded
- Interior Unit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
Community Details
Overview
- Association fees include water, trash, snow removal, sewer, lawn/yard care
- $450 HOA Transfer Fee
- Aberdeen Ridge Condos
- Property is near a ravine
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2017
Sold by
Wortz Renae G
Bought by
Cherne Frederic S and Cherne Cynthia L
Total Days on Market
158
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2017
Sold by
Carbaugh Kristin L
Bought by
Cherne Frederic S and Cherne Cynthia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2016
Sold by
Cherne Frederic S and Cherne Cynthia L
Bought by
Hammond Rachel M and Carbaugh Kristin L
Purchase Details
Listed on
Dec 20, 2013
Closed on
Dec 5, 2014
Sold by
Jsg Managment Llc
Bought by
Cherne Frederic S and Cherne Cynthia L
Seller's Agent
Thomas Clement
Coldwell Banker AJS (28th St)
Buyer's Agent
Thomas Clement
Coldwell Banker AJS (28th St)
List Price
$243,900
Sold Price
$326,771
Premium/Discount to List
$82,871
33.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$260,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 16, 2014
Sold by
Redstone Group Aberdeen Ridge Llc
Bought by
Jsg Management Llc Redstone Homes and Redstone Homes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.34%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Grand Rapids, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherne Frederic S | -- | None Available | |
| Cherne Frederic S | -- | None Available | |
| Cherne Frederic S | -- | None Available | |
| Hammond Rachel M | -- | Attorney | |
| Cherne Frederic S | -- | None Available | |
| Cherne Frederic S | $351,214 | None Available | |
| Jsg Management Llc Redstone Homes | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cherne Frederic | $279,000 | |
| Closed | Cherne Frederic S | $293,000 | |
| Previous Owner | Cherne Frederic S | $260,000 | |
| Previous Owner | Jsg Management Llc Redstone Homes | $192,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2014 11/28/14 | Sold | $326,771 | +34.0% | $143 / Sq Ft |
| 05/27/2014 05/27/14 | Pending | -- | -- | -- |
| 12/20/2013 12/20/13 | For Sale | $243,900 | -- | $107 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,318 | $210,100 | $0 | $0 |
| 2023 | $5,396 | $183,800 | $0 | $0 |
| 2022 | $5,122 | $184,000 | $0 | $0 |
| 2021 | $5,008 | $183,300 | $0 | $0 |
| 2020 | $4,788 | $162,500 | $0 | $0 |
| 2019 | $5,015 | $165,600 | $0 | $0 |
| 2018 | $4,843 | $159,800 | $0 | $0 |
| 2017 | $4,715 | $142,700 | $0 | $0 |
| 2016 | $4,771 | $134,700 | $0 | $0 |
| 2015 | $4,437 | $134,700 | $0 | $0 |
| 2013 | -- | $9,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2014
Thomas Clement
Coldwell Banker AJS (28th St)
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 13069426
APN: 41-14-09-177-040
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