NOT LISTED FOR SALE

2542 Summit Ridge Dr NE Unit 40 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $409,000 - $510,000

2 Beds
2.5 Baths
2,279 Sq Ft
$225/mo HOA Fee

Last Sold November 28, 2014

Last sale price $326,771 $143 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,106/month

158 Days on Market

Highlights

  • Under Construction
  • Wooded Lot
  • Breakfast Area or Nook
  • Deck
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of November 2014

UNDER 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 Agent to Sell the Property

Thomas Clement

Coldwell Banker AJS (28th St) Listed on: 12/20/2013

Last Buyer's Agent

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,795

Year Built

Built in 2013 | Under Construction

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2013
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2279.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3795.0
  • Tax Info:Zoning3: PUD/RES
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • 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
  • Lot Description:Ravine: Yes
  • General Property Info:Construction Status: Under Construction
  • 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
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Home Warranty: Yes
  • Mineral Rights:No: Yes
  • Windows:BayBow: Yes
  • General Property Info:Condo Proj Name: Aberdeen Ridge
  • General Property Info:SqFt Above Grade: 1559.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Accessibility Features: 36 Inch Entrance Door
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2279.0
  • Window Features: Low-Emissivity Windows, Screens, Insulated Windows, Bay/Bow
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Stone, Vinyl Siding
  • Home Warranty: Yes
  • List Price: 287015.0
  • Lot Features: Wooded, Ravine
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Stone: 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
  • 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

Condo/Co-op/Association

  • Association Amenities: Interior Unit, Pets Allowed
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 225.0
  • Association Info:Assoc Buy in Fee: 450
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Interior Unit: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: PUD/RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3795.0
  • Tax Year: 2013

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
Current Estimated Value
$459,933

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
Outstanding Balance
$244,529
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$215,404

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
Outstanding Balance
$244,529
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$215,404

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
3.20%
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
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
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
Open 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

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 $5,318 $213,900 $0 $0
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)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13069426

Southwestern Michigan Association of REALTORS®

APN: 41-14-09-177-040

Michigan Kent County Grand Rapids 49505 Creston

2542 Summit Ridge Dr NE Unit 40, Grand Rapids, MI

This home is located at 2542 Summit Ridge Dr NE Unit 40, Grand Rapids, MI 49505 since 20 December 2013 and is currently estimated at $459,933, approximately $201 per square foot. This property was built in 2013. 2542 Summit Ridge Dr NE Unit 40 is a home located in Kent County with nearby schools including Riverside Middle School, Union High School, and Knapp Charter Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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