345 Richard Terrace SE Unit 2 Grand Rapids, MI 49506
Eastown NeighborhoodEstimated Value: $426,618 - $530,000
2
Beds
1
Bath
--
Sq Ft
4,487
Sq Ft Lot
About This Home
This home is located at 345 Richard Terrace SE Unit 2, Grand Rapids, MI 49506 and is currently estimated at $461,655. 345 Richard Terrace SE Unit 2 is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2020
Sold by
Lytle Jackson
Bought by
Morgan Curtis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,175
Outstanding Balance
$222,018
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$264,730
Purchase Details
Closed on
May 10, 2017
Sold by
Spring Benjamin Aaron and Spring Nicole Marie
Bought by
Lytle Jackson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,970
Interest Rate
4.14%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Spring Benjamin Aaron and Spring Nicole Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,920
Interest Rate
5.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 14, 2012
Sold by
Higley Florence P and Lake Michigan Credit Union
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jun 16, 2010
Sold by
Higley Florence P
Bought by
Higley Florence P and Florence P Higley Trust
Purchase Details
Closed on
Nov 19, 2007
Sold by
Higley Florence
Bought by
Higley Florence and Langlois Adrienne G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 2007
Sold by
Calandrino Joseph G and Calandrino Edith
Bought by
141 Prospect Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 24, 2004
Sold by
Calandrino Joseph G and Calandrino Edith
Bought by
141 Prospect Llc
Purchase Details
Closed on
Mar 20, 1985
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Morgan Curtis | $330,900 | Nextdoor Title Agency Llc | |
Lytle Jackson | $268,200 | None Available | |
Spring Benjamin Aaron | $94,900 | None Available | |
Federal Home Loan Mortgage Corporation | $71,125 | None Available | |
Higley Florence P | -- | None Available | |
Higley Florence | -- | None Available | |
141 Prospect Llc | $95,000 | Fatic | |
Higley Florence | $125,000 | Fatic | |
141 Prospect Llc | -- | -- | |
-- | $10,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Morgan Curtis | $248,175 | |
Previous Owner | Lytle Jackson | $227,970 | |
Previous Owner | Higley Florence | $70,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,784 | $207,700 | $0 | $0 |
2024 | $7,784 | $189,400 | $0 | $0 |
2023 | $7,721 | $158,500 | $0 | $0 |
2022 | $7,338 | $145,100 | $0 | $0 |
2021 | $7,150 | $137,000 | $0 | $0 |
2020 | $4,709 | $133,300 | $0 | $0 |
2019 | $4,865 | $119,100 | $0 | $0 |
2018 | $4,709 | $107,300 | $0 | $0 |
2017 | $2,867 | $74,900 | $0 | $0 |
2016 | $3,363 | $67,000 | $0 | $0 |
2015 | $2,635 | $67,000 | $0 | $0 |
2013 | -- | $55,300 | $0 | $0 |
Source: Public Records
Map
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