NOT LISTED FOR SALE

2738 Madison Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $222,000 - $239,000

2 Beds
1 Bath
1,088 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $62,000 $57 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,353/month

234 Days on Market

Highlights

  • 0.18 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage
  • Traditional Architecture
  • Sun or Florida Room
  • Storm Windows

About This Home

As of August 2015

Alger Heights home needs some love and updating but loaded with potential and character! Large fenced yard, delightful 3 season room, newer roof(2010), garage, hardwood floors. Kitchen appliances plus washer & dryer included. A little sweat equity will make this a great home or rental.
***Ask about 1031 exchange potential to bundle with other properties currently for sale by same owner.

Last Agent to Sell the Property

Marilyn Wagner

RE/MAX SunQuest Realty Listed on: 09/29/2014

Last Buyer's Agent

Jon Lovell

Century 21 Affiliated (GR) License #6501381451

Century 21 Affiliated (GR)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1924

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 50x158
  • Shrub

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storm Windows
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,390

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1924
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 50x158
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1088.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1390.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Wood Floor: Yes
  • Garage Type Detached: Yes
  • Windows:Storms: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Range, Refrigerator
  • Interior Amenities: Wood Floor
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1088.0
  • Window Features: Storms
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 67000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:_three_ Season Room: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 50x158
  • Lot Size Sq Ft: 7840.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1390.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2014
Closed on
Aug 3, 2015
Sold by
Dehne Properties Llc
Bought by
Atkins Paul
Seller's Agent
Marilyn Wagner
RE/MAX SunQuest Realty
Buyer's Agent
Jon Lovell
Century 21 Affiliated (GR)
List Price
$79,900
Sold Price
$62,000
Premium/Discount to List
-$17,900
-22.4%
Current Estimated Value
$228,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,396
Avg. Annual Appreciation
13.49%
Original Mortgage
$60,140
Outstanding Balance
$24,912
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$197,676

Purchase Details

Closed on
Jul 14, 2014
Sold by
Dehne Kyle and Dehne Jamie
Bought by
Dehne Properties Llc

Purchase Details

Closed on
Jun 6, 2007
Sold by
Kelsey Ryan
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Duimstra Antionia A and Duimstra Thomas J
Bought by
Homecomings Financial Network Inc
Source: Public Records

Range of Values:

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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
Atkins Paul $62,000 Attorney
Dehne Properties Llc -- None Available
Hsbc Mortgage Services Inc $35,186 None Available
Homecomings Financial Network Inc $77,259 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Paul $60,140
Previous Owner Kelsey Ryan $81,000
Previous Owner Kelsey Ryan $65,000
Previous Owner Lynch Patricia $6,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $62,000 -22.4% $57 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
09/29/2014 09/29/14 For Sale $79,900 -- $73 / 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 $1,421 $81,900 $0 $0
2024 $1,421 $76,800 $0 $0
2023 $1,361 $64,300 $0 $0
2022 $1,369 $58,200 $0 $0
2021 $1,338 $52,100 $0 $0
2020 $1,279 $46,500 $0 $0
2019 $1,294 $42,500 $0 $0
2018 $1,294 $38,600 $0 $0
2017 $1,259 $36,100 $0 $0
2016 $1,275 $30,300 $0 $0
2015 $1,549 $30,300 $0 $0
2013 -- $35,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marilyn Wagner

    RE/MAX Michigan

  • J

    Buyer's Agent in 2015

    Jon Lovell

    Century 21 Affiliated (GR)

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14055229

Southwestern Michigan Association of REALTORS®

APN: 41-18-07-453-045

Michigan Kent County Grand Rapids 49507 Garfield Park

2738 Madison Ave SE, Grand Rapids, MI

This home is located at 2738 Madison Ave SE, Grand Rapids, MI 49507 since 29 September 2014 and is currently estimated at $228,396, approximately $209 per square foot. This property was built in 1924. 2738 Madison Ave SE is a home located in Kent County with nearby schools including Brookside Elementary School, Alger Middle School, and Ottawa Hills High School.

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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