NOT LISTED FOR SALE

3000 Overlook Summit SE Unit 1 Grand Rapids, MI 49546

Cascade Township Neighborhood

Estimated Value: $521,000 - $660,000

2 Beds
2 Baths
1,650 Sq Ft
$353/Sq Ft Est. Value

About This Home

This home is located at 3000 Overlook Summit SE Unit 1, Grand Rapids, MI 49546 and is currently estimated at $581,755, approximately $352 per square foot. 3000 Overlook Summit SE Unit 1 is a home located in Kent County with nearby schools including Pine Ridge Elementary School, Central Woodlands 5/6 School, and Central Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Nahikian Mary L
Bought by
Spear Tobi M and Spear Scott M
Current Estimated Value
$581,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$300,760
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$281,498

Purchase Details

Closed on
Nov 11, 2013
Sold by
Macdonald Cornelia M and Cornelia M Macdonald Trust
Bought by
Nahikian Mary L

Purchase Details

Closed on
Jun 29, 2004
Sold by
Macdonald Donald P and Macdonald Cornelia M
Bought by
Macdonald Cornelia M and Cornelia M Macdonald Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2004
Sold by
Overlook Summit Associates Llc
Bought by
The Cornelia M Macdonald Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Spear Tobi M $550,000 Chicago Title
Nahikian Mary L $320,000 Chicago Title
Macdonald Cornelia M -- --
Macdonald Donald P -- --
The Cornelia M Macdonald Trust $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spear Tobi M $305,000
Previous Owner Nahikian Mary L $60,000
Previous Owner Macdonald Cornelia M $70,474
Previous Owner Macdonald Donald P $250,000
Source: Public Records

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 $6,177 $303,200 $0 $0
2024 $6,177 $295,200 $0 $0
2023 $6,239 $255,900 $0 $0
2022 $6,037 $234,800 $0 $0
2021 $5,886 $244,600 $0 $0
2020 $3,978 $246,300 $0 $0
2019 $5,773 $235,900 $0 $0
2018 $5,773 $209,500 $0 $0
2017 $5,751 $182,000 $0 $0
2016 $5,551 $179,800 $0 $0
2015 -- $179,800 $0 $0
2013 -- $154,800 $0 $0
Source: Public Records

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