NOT LISTED FOR SALE

345 Richard Terrace SE Unit 2 Grand Rapids, MI 49506

Eastown Neighborhood

Estimated 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
$461,655

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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

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 $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

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