NOT LISTED FOR SALE

3161 Hoag Ave NE Grand Rapids, MI 49525

Estimated Value: $679,000 - $745,000

4 Beds
3.5 Baths
3,608 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $515,000 $143 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,514/month

2 Days on Market

Highlights

  • 1.99 Acre Lot
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Orchard View Elementary School Rated A
  • Deck
  • Whirlpool Bathtub

About This Home

As of August 2020

This custom-built 4 bedroom, 3.5 bath home boasts 3600+ sqft situated on a 2-acre wooded lot in Northeast Grand Rapids. The privacy and ''feeling of being in the woods'' while remaining close to restaurants, grocery stores, and retail is hard to beat. Upon entering this home you'll immediately notice the open floor plan with high ceilings and a clear view of the backyard through the enormous slider and transom windows. The large kitchen/dining area features a professional level range & hood combo with granite countertops, large island, & tile floors. The master suite features a corner fireplace, tray ceiling, and a bath complete with dual vanity, jacuzzi garden tub & steam shower. 2 more bedrooms and a laundry room complete the main level. Downstairs you will find a nicely done Harley Davidson themed rec room. In addition to the 3rd fireplace, the rec room features a wet bar/kitchenette with cooktop, fridge & dishwasher. There's also a TV room w/projector screen, a bedroom, full bath, workout room, 2nd laundry room, and a large storage area. The 3 car garage has plenty of room for a couple of vehicles all your toys and features a resilient rubber tile floor. The large deck on the back of the home leads to the "just the right size" backyard which leaves much of the 2-acre lot wooded and private.

Last Agent to Sell the Property

PAUL MARANTETTE

Green Square Properties LLC License #6506048443 Listed on: 07/17/2020

Last Buyer's Agent

Heidi Kremer

Polaris Real Estate LLC License #6501374171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1998

Lot Details

  • 1.99 Acre Lot
  • Lot Dimensions are 133.76x650.50
  • Property fronts a private road
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,608 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Recreation Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,444

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Wet Bar, Whirlpool Tub, Kitchen Island
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk-Out Access
  • LivingArea: 3608.0
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Primary Bedroom: Yes
  • Fireplace:Rec Room: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 525000.0
  • Lot Features: Wooded, Rolling Hills, Cul-De-Sac
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.99
  • Lot Size Area: 1.99
  • Lot Dimensions: 133.76x650.50
  • Lot Size Sq Ft: 86684.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4443.97
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 21, 2020
Sold by
Racey Daniel K and Racey Debra D
Bought by
Krahn Kirk Allen and Krahn Sarah Elizabeth
Seller's Agent
PAUL MARANTETTE
Green Square Properties LLC
Buyer's Agent
Heidi Kremer
Polaris Real Estate LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Total Days on Market
2
Current Estimated Value
$713,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,004
Avg. Annual Appreciation
7.09%
Original Mortgage
$309,000
Outstanding Balance
$255,266
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$459,664

Purchase Details

Closed on
Apr 2, 2015
Sold by
Racey Daniel K and Racey Debra D
Bought by
Daniel K Racey & Debra D Racey Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,920
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Racey Dan
Bought by
Racey Daniel K and Racey Debra D

Purchase Details

Closed on
Nov 11, 1992
Sold by
Racey Daniel K
Bought by
Racey Daniel & Debra Trust
Source: Public Records

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Range of Values:

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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
Krahn Kirk Allen $515,000 Star Title Agency Llc
Daniel K Racey & Debra D Racey Revocable -- None Available
Racey Daniel K -- None Available
Racey Daniel & Debra Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krahn Kirk Allen $309,000
Previous Owner Racey Daniel K $100,000
Previous Owner Racey Daniel K $224,920
Previous Owner Racey Daniel K $75,000
Previous Owner Racey Daniel K $295,000
Previous Owner Racey Daniel K $113,600
Previous Owner Racey Daniel K $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $515,000 -1.9% $143 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $525,000 -- $146 / 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
2024 $6,126 $306,000 $0 $0
2023 $5,857 $290,300 $0 $0
2022 $7,809 $268,200 $0 $0
2021 $7,740 $263,900 $0 $0
2020 $3,209 $260,400 $0 $0
2019 $4,444 $266,500 $0 $0
2018 $4,389 $185,300 $0 $0
2017 $4,369 $183,900 $0 $0
2016 $4,209 $170,800 $0 $0
2015 -- $170,800 $0 $0
2013 -- $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20027983

Southwestern Michigan Association of REALTORS®

APN: 41-14-02-326-001