$266,832
SOLD OCT 28, 2015

2725 Berwyck Rd SE Grand Rapids, MI 49506

4 Beds
2.5 Baths
2,114 Sq Ft
0.27 Acres

Recently Sold

$126 Per Sq Ft

14% Above List Price

12 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Sun or Florida Room
  • East Grand Rapids High School Rated A
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of August 2016

HUD Home. This classic 2 story in EGR is a solid home. Formal Living, Formal Dining, Large Kitchen with Eating Area and Center Island with built-in Jen-Air cooktop, Family Room with Fireplace, Master Suite with separate shower and tub, Large bedrooms, Sun Room with built-in hot tub, large deck over looking a 1/4 acre lot, full basement with ample storage. Its quite a buy! Please see attached documents for important information on HUD Homes, LBP Disclosures, Addendums and Bidding.

Last Agent to Sell the Property

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 08/27/2015

Last Buyer's Agent

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 08/27/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x130
  • Back Yard Fenced
  • Property is zoned SFR IMPROVED R2, SFR IMPROVED R2

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2114.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 9012.0
  • Tax Info:Zoning3: SFR IMPROVED R2
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Water Heater:Natural Gas4: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2114.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Fencing:Fenced Back: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2114.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 884.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Family: Yes
  • Kitchen Features:Desk Built-In: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 235000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: 3 Season Room, Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Deck(s): 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
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 90x130
  • Lot Size Sq Ft: 11700.0
  • Zoning Description: SFR IMPROVED R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9012.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 9, 2016
Sold by
Paullin Laura
Bought by
Carlson Don and Carlson Heather
Seller's Agent
Michael Ross
Grand Rapids Realty
Buyer's Agent
Michael Ross
Grand Rapids Realty
List Price
$419,900
Sold Price
$415,000
Premium/Discount to List
-$4,900
-1.17%
Current Estimated Value
$743,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,450
Avg. Annual Appreciation
6.58%
Original Mortgage
$332,000
Outstanding Balance
$266,454
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$469,487

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 23, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Paullin Laura
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$235,000
Sold Price
$266,832
Premium/Discount to List
$31,832
13.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.16%
Original Mortgage
$226,807
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 9, 2015
Sold by
Selene Finance Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 12, 2014
Sold by
Kelly Lorinda and Kelly Brian
Bought by
Selene Finance Lp

Purchase Details

Closed on
Jun 24, 2008
Sold by
Forster Donna M
Bought by
Kelly Lorinda and Kelly Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,040
Interest Rate
6.1%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $415,000 Grand Rapids Title Co Llc
Deed $266,832 Attorney
Warranty Deed -- Attorney
Sheriffs Deed $282,425 None Available
Warranty Deed $250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,630 Credit Line Revolving
Open $332,000 New Conventional
Previous Owner $226,807 Future Advance Clause Open End Mortgage
Previous Owner $248,040 FHA
Previous Owner $45,500 Credit Line Revolving
Previous Owner $183,000 Unknown
Previous Owner $122,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $415,000 -1.2% $151 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $419,900 +57.4% $153 / Sq Ft
10/28/2015 10/28/15 Sold $266,832 +13.5% $126 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $235,000 -- $111 / 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 $9,804 $325,300 $0 $0
2024 $9,804 $304,800 $0 $0
2023 $10,080 $271,100 $0 $0
2022 $9,554 $253,800 $0 $0
2021 $9,311 $243,200 $0 $0
2020 $8,665 $206,600 $0 $0
2019 $9,165 $187,200 $0 $0
2018 $9,102 $186,200 $0 $0
2017 $8,955 $170,600 $0 $0
2016 $8,351 $156,800 $0 $0
2015 -- $156,800 $0 $0
2013 -- $134,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15046510

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-327-024