NOT LISTED FOR SALE

3249 Lake Dr SE Unit 7 Grand Rapids, MI 49506

Estimated Value: $453,005 - $502,000

3 Beds
3 Baths
2,372 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 3249 Lake Dr SE Unit 7, Grand Rapids, MI 49506 and is currently estimated at $481,501, approximately $202 per square foot. 3249 Lake Dr SE Unit 7 is a home located in Kent County with nearby schools including Mulick Park Elementary School, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
John R Nichols Trust
Bought by
Armstrong Mark W
Current Estimated Value
$481,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$252,959
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,542

Purchase Details

Closed on
Sep 9, 2013
Sold by
Nichols John R and Nichols Jane
Bought by
Nichols John R and John R Nichols Trust

Purchase Details

Closed on
Jun 14, 2006
Sold by
Vandersluis Laurene M
Bought by
Nichols John R and Nichols Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 3, 2004
Sold by
Gezon David H and David H Gezon Trust
Bought by
Vandersluis Laurene M

Purchase Details

Closed on
Nov 23, 1994
Sold by
Hewitt Hewitt A A and Hewitt Gezon D
Bought by
Nichols John R Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Armstrong Mark W $339,000 First American Title Ins Co
Nichols John R -- None Available
Nichols John R $257,000 Keystone Lighthouse Title In
Vandersluis Laurene M $245,000 Lighthouse Title Inc
Nichols John R Trust $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Mark W $278,000
Previous Owner Nichols John R $200,000
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 $5,480 $203,400 $0 $0
2024 $5,480 $193,500 $0 $0
2023 $5,563 $164,600 $0 $0
2022 $5,317 $157,900 $0 $0
2021 $3,777 $172,300 $0 $0
2020 $3,611 $148,800 $0 $0
2019 $3,782 $147,700 $0 $0
2018 $3,652 $153,300 $0 $0
2017 $3,555 $101,900 $0 $0
2016 $3,599 $102,300 $0 $0
2015 $3,370 $102,300 $0 $0
2013 -- $105,900 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49506

3249 Lake Dr SE Unit 7, Grand Rapids, MI

This home is located at 3249 Lake Dr SE Unit 7, Grand Rapids, MI 49506 and is currently estimated at $481,501, approximately $202 per square foot. 3249 Lake Dr SE Unit 7 is a home located in Kent County with nearby schools including Mulick Park Elementary School, Alger Middle School, and Ottawa Hills High School.

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