2555 Kentucky Ave SE Grand Rapids, MI 49507
Alger Heights NeighborhoodEstimated Value: $286,000 - $339,000
3
Beds
1
Bath
1,376
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- 1 Fireplace
- Living Room
- Dining Area
About This Home
As of February 2018Welcome to this charming cape cod style home located in the highly desired community of Alger Heights. Features of this residence include three bedrooms and one bathroom, refinished original hardwood floors, renovated kitchen, and an endless list of updates. The first level incorporates a large living room with fireplace, dining room, two bedrooms, and custom kitchen leading to the backyard. There you'll find a lovely brick patio for outdoor seating and entertaining. The upper level offers a sizable guest suite. While the home is tucked away on a quiet street, you are only steps to Alger Heights best restaurants and shops.
Last Agent to Sell the Property
The Billmeier Group License #6502414542 Listed on: 12/14/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,869
Year Built
- Built in 1945
Lot Details
- 5,445 Sq Ft Lot
- Lot Dimensions are 62x88
Parking
- 1 Car Attached Garage
Home Design
- Cape Cod Architecture
- Aluminum Siding
Interior Spaces
- 1,376 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Living Room
- Dining Area
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2017
Closed on
Feb 9, 2018
Sold by
Nance Alyssa and Ludema Alyssa
Bought by
Boy Bradley D
Seller's Agent
Christopher Billmeier
The Billmeier Group
Buyer's Agent
Robert Steffens
Five Star Real Estate (Main)
List Price
$167,000
Sold Price
$160,000
Premium/Discount to List
-$7,000
-4.19%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,432
Avg. Annual Appreciation
9.59%
Original Mortgage
$152,000
Outstanding Balance
$130,076
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$182,356
Purchase Details
Listed on
Apr 12, 2014
Closed on
Jul 25, 2014
Sold by
Mccormick Barbara and Mccormick David M
Bought by
Ludema Alyssa
Seller's Agent
Tammy Jo Budzynski
ERA Reardon Realty Great Lakes
Buyer's Agent
Jerome Slenk
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$124,900
Sold Price
$121,000
Premium/Discount to List
-$3,900
-3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$114,950
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 2012
Sold by
Mccormick Barbara and Balamucki Barbara
Bought by
Mccormick Barbara and Mccormick David M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2004
Sold by
Grypma Michael J and Grypma Laurie
Bought by
Balamucki Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,720
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 1999
Sold by
Grypma Custer J
Bought by
Grypma and Grypma Hays
Similar Homes in Grand Rapids, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boy Bradley D | $160,000 | Grand Rapids Title Co Llc | |
| Ludema Alyssa | $121,000 | Owners Title Agency Llc | |
| Mccormick Barbara | -- | Lighthouse Title Inc | |
| Balamucki Barbara | $125,900 | Chicago Title Of Mi | |
| Grypma | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boy Bradley D | $152,000 | |
| Previous Owner | Ludema Alyssa | $114,950 | |
| Previous Owner | Mccormick Barbara | $126,000 | |
| Previous Owner | Balamucki Barbara L | $138,500 | |
| Previous Owner | Balamucki Barbara | $100,720 | |
| Closed | Balamucki Barbara | $25,180 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2018 02/09/18 | Sold | $160,000 | -4.2% | $116 / Sq Ft |
| 12/30/2017 12/30/17 | Pending | -- | -- | -- |
| 12/14/2017 12/14/17 | For Sale | $167,000 | +38.0% | $121 / Sq Ft |
| 07/25/2014 07/25/14 | Sold | $121,000 | -3.1% | $88 / Sq Ft |
| 06/26/2014 06/26/14 | Pending | -- | -- | -- |
| 04/12/2014 04/12/14 | For Sale | $124,900 | -- | $91 / 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 | $4,133 | $127,900 | $0 | $0 |
| 2023 | $4,100 | $108,300 | $0 | $0 |
| 2022 | $2,530 | $93,800 | $0 | $0 |
| 2021 | $2,474 | $87,100 | $0 | $0 |
| 2020 | $2,365 | $78,300 | $0 | $0 |
| 2019 | $2,477 | $70,400 | $0 | $0 |
| 2018 | $1,920 | $63,900 | $0 | $0 |
| 2017 | $1,869 | $57,600 | $0 | $0 |
| 2016 | $1,891 | $53,400 | $0 | $0 |
| 2015 | $1,759 | $53,400 | $0 | $0 |
| 2013 | -- | $47,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Billmeier
C
Seller's Agent in 2018
Christopher Billmeier
The Billmeier Group
(616) 350-2998
62 Total Sales
-
Robert Steffens
R
Buyer's Agent in 2018
Robert Steffens
Five Star Real Estate (Main)
(616) 293-0708
12 Total Sales
-
T
Seller's Agent in 2014
Tammy Jo Budzynski
ERA Reardon Realty Great Lakes
-
J
Buyer's Agent in 2014
Jerome Slenk
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 17059118
APN: 41-18-08-305-012
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