NOT LISTED FOR SALE

2905 Bonnell Ave SE Grand Rapids, MI 49506

Estimated Value: $5,331,000 - $8,358,000

6 Beds
11 Baths
13,492 Sq Ft
$502/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $7,800,000 $578 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $47,178/month

Highlights

  • Boathouse
  • Private Waterfront
  • 1.7 Acre Lot
  • East Grand Rapids High School Rated A
  • Indoor Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2014

sold before broadcast !

Last Agent to Sell the Property

Janet Romanowski Realtor

Greenridge Realty (EGR) License #6501327065 Listed on: 03/21/2014

Last Buyer's Agent

Joel Peterson

J. Peterson Realty LLC - I License #6502358495

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,575

Year Built

  • Built in 1926

Lot Details

  • 1.7 Acre Lot
  • Private Waterfront
  • 255 Feet of Waterfront
  • Shrub
  • Wooded Lot
  • Garden

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 13,492 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Gas Log Fireplace
  • Replacement Windows
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Water Access
  • Boathouse
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Water Heater
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,575

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Tudor
  • Stories: 2
  • Year Built: 1926
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 255.95*394.50
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 13492.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 4.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 255.0
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Generator: Yes
  • Roofing:Slate: Yes
  • General Property Info:SqFt Above Grade: 13492.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Security Features:Security System: Yes
  • Architectural Style:Tudor: Yes
  • Other Structures Boat House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Generator, Kitchen Island, Pantry
  • Fireplace Features: Family Room, Gas Log, Kitchen, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fireplaces: 4
  • Total Bedrooms: 6
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bathrooms: 11
  • Basement: Walk-Out Access
  • LivingArea: 13492.0
  • Window Features: Replacement, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Full Baths: 2
  • Basement Rooms:Basement Half Baths: 1
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Appliances:Cook Top: Yes
  • Fireplace:Kitchen: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Scrn Porch, 3 Season Room
  • List Price: 7800000.0
  • Lot Features: Sidewalk, Wooded
  • Other Structures: Boat House
  • Patio and Porch Features: Patio
  • Pool Features: Indoor
  • Road Surface Type: Paved
  • Roof: Slate
  • Water Body Name: Reeds Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Scrn Porch: Yes
  • Pool:Indoor: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Detached, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 1.7
  • Lot Size Area: 1.7
  • Lot Dimensions: 255.95*394.50
  • Lot Size Sq Ft: 74052.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Mar 10, 2014
Sold by
Davies Salmon Alan M and Davies Salmon Marney Lou
Bought by
Fowler Mark Travis and Greenbrier Trust Declaration
Seller's Agent
Janet Romanowski Realtor
Greenridge Realty (EGR)
Buyer's Agent
Joel Peterson
J. Peterson Realty LLC - I
List Price
$7,800,000
Sold Price
$7,800,000
Current Estimated Value
$6,772,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,027,517
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Fifth Third Mortgage Company Mi Llc
Bought by
Salmon Alan M and Davies Salmon Marney Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2009
Sold by
Stokes Robert W and Stokes Patricia L
Bought by
Fifth Third Mortgage Company Mi Llc

Purchase Details

Closed on
Apr 10, 2007
Sold by
Riahi Mohammad
Bought by
Riahi Mohammad and Mohammad Riahi Trust
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
Fowler Mark Travis -- First American Title Ins Co
Salmon Alan M $1,750,000 Fidelity National Title
Fifth Third Mortgage Company Mi Llc $1,387,500 None Available
Riahi Mohammad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salmon Alan M $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 For Sale $7,800,000 0.0% $578 / Sq Ft
03/04/2014 03/04/14 Sold $7,800,000 -- $578 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
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 $133,575 $3,305,400 $0 $0
2024 $133,575 $3,115,400 $0 $0
2023 $128,876 $2,880,400 $0 $0
2022 $122,308 $2,628,200 $0 $0
2021 $118,981 $2,498,600 $0 $0
2020 $80,588 $2,289,300 $0 $0
2019 $85,241 $2,232,500 $0 $0
2018 $83,882 $1,994,600 $0 $0
2017 $82,527 $1,716,700 $0 $0
2016 $110,503 $1,623,500 $0 $0
2015 -- $1,623,500 $0 $0
2013 -- $1,467,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14012587

Southwestern Michigan Association of REALTORS®

APN: 41-14-34-402-004