NOT LISTED FOR SALE

2739 Elmwood Dr SE Grand Rapids, MI 49506

Estimated Value: $625,000 - $965,000

3 Beds
2.5 Baths
2,600 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $412,000 $158 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,087/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Fenced Yard
  • East Grand Rapids High School Rated A
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of March 2015

This classic Chicago brick colonial is located on one of the prestigious wood streets. It features 3 bedrooms and 2.5 baths with 2600 sq ft of finished living space. This home is ready to move in. It has a newer roof/ gutters, windows, remodeled kitchen w/granite. In 2014, all new appliances, Trane furnace and Air Conditioning were installed. Hard wood floors throughout the main floor and classic hardware showcase the 1940 architecture. A family room addition off the back with a slider to the deck makes this a great place to call home. Call Steve for more information and to request a showing.

Last Agent to Sell the Property

Steven Morse

Morse Realty LLC License #6501355915 Listed on: 01/11/2015

Last Buyer's Agent

Tanya Craig

Keller Williams GR East License #6502364151

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,265

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x148x75x151
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,265

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 75X148X75X151
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2600.0
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 7265.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Water Heater:Natural Gas4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Fireplace Features: Wood Burning, Gas Log, Rec Room, Living
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • LivingArea: 2600.0
  • Window Features: Low Emissivity Windows
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Rec Room: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 429900.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 75X148X75X151
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7265.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2015
Closed on
Mar 25, 2015
Sold by
Martin Scott and Martin Rebecca
Bought by
Madden Jason and Madden Jennifer
Seller's Agent
Steven Morse
Morse Realty LLC
Buyer's Agent
Tanya Craig
Keller Williams GR East
List Price
$429,900
Sold Price
$412,000
Premium/Discount to List
-$17,900
-4.16%
Current Estimated Value
$771,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,312
Avg. Annual Appreciation
5.98%
Original Mortgage
$329,600
Outstanding Balance
$253,820
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$503,162

Purchase Details

Closed on
Jan 14, 2009
Sold by
Averell Brian and Averell Kristin R
Bought by
Martin Scott and Martin Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Cook James A and Cook Deborah
Bought by
Averell Brian and Averell Kristin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Madden Jason $412,000 Bell Title Agency
Martin Scott $280,000 Fidelity National Title
Averell Brian $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Madden Jennifer $96,500
Closed Madden Jennifer $96,500
Closed Madden Jennifer $25,000
Open Madden Jason $329,600
Previous Owner Martin Scott $224,000
Previous Owner Averell Brian $260,000
Previous Owner Averell Brian $65,000
Previous Owner Cook James A $140,000
Previous Owner Cook James A $225,000
Previous Owner Cook James A $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $412,000 -4.2% $158 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $429,900 -- $165 / 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 $11,000 $327,200 $0 $0
2024 $11,000 $309,000 $0 $0
2023 $11,309 $265,600 $0 $0
2022 $10,719 $239,800 $0 $0
2021 $10,446 $230,300 $0 $0
2020 $9,721 $230,900 $0 $0
2019 $10,283 $221,000 $0 $0
2018 $10,119 $220,500 $0 $0
2017 $9,955 $199,100 $0 $0
2016 $9,746 $180,200 $0 $0
2015 -- $180,200 $0 $0
2013 -- $155,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15001153

Southwestern Michigan Association of REALTORS®

APN: 41-18-03-129-017