NOT LISTED FOR SALE

Estimated Value: $384,000 - $478,000

-- Bed
2 Baths
2,668 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 350 Richard Terrace SE, Grand Rapids, MI 49506 and is currently estimated at $424,967, approximately $159 per square foot. 350 Richard Terrace SE 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
Feb 6, 2012
Sold by
Lemmenes John E and Lemmenes Ruth
Bought by
Readle Chris and Readle Laura
Current Estimated Value
$424,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Outstanding Balance
$11,186
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$467,870

Purchase Details

Closed on
Feb 9, 1990
Sold by
Ridenour Ridenour C C and Ridenour Lemmenes
Bought by
Readle Chris Laura

Purchase Details

Closed on
Dec 4, 1989
Sold by
Bartnick Bartnick A A and Bartnick Ridenour
Bought by
Readle Chris Laura

Purchase Details

Closed on
Nov 30, 1989
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
Readle Chris $105,000 None Available
Readle Chris Laura $64,000 --
Readle Chris Laura $40,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Readle Chris $78,750
Previous Owner Lemmenes John E $94,500
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 $3,039 $196,100 $0 $0
2024 $3,039 $178,400 $0 $0
2023 $3,014 $149,200 $0 $0
2022 $2,865 $136,700 $0 $0
2021 $2,791 $129,100 $0 $0
2020 $2,698 $122,900 $0 $0
2019 $2,762 $110,200 $0 $0
2018 $2,678 $103,800 $0 $0
2017 $2,612 $65,000 $0 $0
2016 $2,625 $57,100 $0 $0
2015 $2,501 $57,100 $0 $0
2013 -- $47,400 $0 $0
Source: Public Records

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