NOT LISTED FOR SALE

2544 Lake Dr SE Grand Rapids, MI 49506

Estimated Value: $667,000 - $852,000

4 Beds
4 Baths
3,170 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $450,000 $142 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,694/month

94 Days on Market

Highlights

  • Cape Cod Architecture
  • Living Room with Fireplace
  • Wood Flooring
  • East Grand Rapids High School Rated A
  • Recreation Room
  • 1 Car Detached Garage

About This Home

As of December 2019

This 4 bed/4 bath Cape Cod is absolutely charming! With over 3100 sq ft of living, it's one of those homes that you have to get inside to appreciate. There isn't a space that's not in use. Upstairs you'll find 2 bedrooms and a full bath, with bonus area great for tv or studying. Main level with open floor plan, nice sized family room with wood burning fireplace and built-ins. Kitchen with snack bar & room for 3 barstools, dining area, sunroom with gas fireplace. 2 bedrooms on the main level, one ensuite and another up-dated full bath. The basement offers a large recreation room, exercise area, laundry room and the 4th full bath. Ample storage. Only a few blocks to downtown EGR, Schools and Reeds Lake. Close to hospitals, expressways and Gerald R Ford International Airport .

Last Agent to Sell the Property

Julie Fox

Coldwell Banker Schmidt Realtors License #6501339646 Listed on: 08/30/2019

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Norrine Long

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1934

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 81 x 85
  • Decorative Fence
  • Sprinkler System
  • Property is zoned R2, R2

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,502

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1934
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 81 X 85
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3170.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5501.72
  • Tax Info:Zoning3: R2
  • 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Decor Fence: Yes
  • Roofing:Wood: Yes
  • General Property Info:SqFt Above Grade: 2170.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Center Island, Eat-in Kitchen
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 3170.0
  • Window Features: Replacement, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Basement Rooms:Total Basement SQFT: 1260.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 459900.0
  • Patio and Porch Features: Patio
  • Roof: Wood
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • 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 Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 81 X 85
  • Lot Size Sq Ft: 5924.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5501.72
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Dec 27, 2019
Sold by
Scott And Lindsay Olsson Family Trust
Bought by
Griffin Stephanie and Shepard Richard
Seller's Agent
Julie Fox
Coldwell Banker Schmidt Realtors
Buyer's Agent
Norrine Long
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$489,900
Sold Price
$450,000
Premium/Discount to List
-$39,900
-8.14%
Current Estimated Value
$731,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,824
Avg. Annual Appreciation
7.82%
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Olsson Scott David and Olsson Lindsay A
Bought by
The Scott & Lindsay Olsson Family Trust

Purchase Details

Closed on
Apr 7, 1998
Sold by
Olsson Walter S
Bought by
Olsson Scott and Olsson Scott & Lindsay Family

Purchase Details

Closed on
Sep 26, 1997
Sold by
Sharp Barbara
Bought by
Walter Olsson and Olsson Scott & Lindsay Family

Purchase Details

Closed on
Apr 6, 1990
Bought by
Sharp David L and Olsson Scott & Lindsay Family
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
Griffin Stephanie $450,000 Chicago Title Of Mi Inc
The Scott & Lindsay Olsson Family Trust -- --
Olsson Scott $137,500 --
Walter Olsson $137,000 --
Sharp David L $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Stephanie $353,500
Closed Griffin Stephanie S $150,000
Previous Owner Olsson Ruth Eileen Bell $480,000
Previous Owner Olsson Scott D $105,000
Previous Owner Olsson Scott $160,000
Previous Owner Olsson Scott D $39,153
Previous Owner Olsson Scott D $100,000
Previous Owner Olsson Scott David $125,000
Previous Owner Olsonn Scott David $125,000
Previous Owner Olsson Scott $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $450,000 -8.1% $142 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $489,900 -- $155 / 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 $8,566 $262,300 $0 $0
2024 $8,566 $223,900 $0 $0
2023 $8,807 $195,300 $0 $0
2022 $8,347 $176,800 $0 $0
2021 $8,135 $169,000 $0 $0
2020 $7,804 $171,800 $0 $0
2019 $5,508 $161,100 $0 $0
2018 $5,420 $156,000 $0 $0
2017 $5,333 $141,800 $0 $0
2016 $5,221 $120,600 $0 $0
2015 -- $120,600 $0 $0
2013 -- $114,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19042481

Southwestern Michigan Association of REALTORS®

APN: 41-14-34-356-003