NOT LISTED FOR SALE

366 Carriage Ln SW Unit 74 Grand Rapids, MI 49548

Estimated Value: $161,000 - $203,000

2 Beds
1.5 Baths
960 Sq Ft
$105/mo HOA Fee

Last Sold January 18, 2012

Last sale price $35,500 $37 Per Sq Ft

Est. 407% increase in value since last sale

Current estimated payment $1,172/month

23 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Snack Bar or Counter
  • East Kentwood High School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2012

Fannie Mae homepath property. Cheaper than rent! This beautiful updated condo with a private entry features large living room with sliders to your large deck, updated kitchen with large dining area and half bath on the main level. The upper level features 2 large bedrooms with large closet space and a full bath. The basement features a large family room, laundry and storage. 1 stall garage. HOA dues include water, sewer, snow removal and trash. Don't miss out on this cheaper than rent! Qualifies for Homepath & Homepath Renovation. Pets welcome. Buyer and buyers agent responsible for verifiying all information and dfor any possible code violations.

Last Listed By

Pamela Urbanski

RE/MAX of Grand Rapids (Wyomg) Listed on: 12/06/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $804

Year Built

  • Built in 1991

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Deck
  • Shrub
  • Interior Unit

Community Details

  • Association fees include water, snow removal, sewer, lawn/yard care
  • $100 HOA Transfer Fee
  • Carriage Lane Condominiums

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Condominium

Est. Annual Taxes

$804

Year Built

Built in 1991

Lot Details

0

HOA Fees

$105 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1991
  • ResoPropertyType: Residential
  • Garage Type Detached: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 960.0
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Deck(s)
  • List Price: 37900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Paved
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Interior Unit
  • Association Fee: 105.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 105.0
  • Association Info:Assoc Buy in Fee: 100
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Interior Unit: Yes

Fee Information

  • Association Fee Includes: Water, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 804.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jan 13, 2012
Sold by
Fannie Mae
Bought by
Brechting Phillip D
Seller's Agent
Pamela Urbanski
RE/MAX of Grand Rapids (Wyomg)
Buyer's Agent
Erin Whiteford
616 Realty LLC
List Price
$37,900
Sold Price
$35,500
Premium/Discount to List
-$2,400
-6.33%
Total Days on Market
23
Current Estimated Value
$180,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,544
Avg. Annual Appreciation
13.69%
Original Mortgage
$31,950
Outstanding Balance
$22,681
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$173,552

Purchase Details

Closed on
Sep 29, 2011
Sold by
Flagstar Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2011
Sold by
Albert Chad J and Albert Dawn M
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 22, 2006
Sold by
Carriage Co Llc
Bought by
Albert Chad J and Albert Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,050
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Brechting Phillip D $35,500 Attorneys Title Agency Llc
Fannie Mae -- None Available
Flagstar Bank Fsb $50,379 None Available
Albert Chad J $65,400 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brechting Phillip D $31,950
Previous Owner Albert Chad J $49,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2012 01/18/12 Sold $35,500 -6.3% $37 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
12/06/2011 12/06/11 For Sale $37,900 -- $39 / 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 $828 $67,500 $0 $0
2023 $791 $60,600 $0 $0
2022 $1,200 $57,700 $0 $0
2021 $1,172 $46,100 $0 $0
2020 $729 $42,700 $0 $0
2019 $1,141 $39,300 $0 $0
2018 $1,116 $35,600 $5,000 $30,600
2017 $1,089 $30,000 $0 $0
2016 $1,059 $25,900 $0 $0
2015 $1,027 $25,900 $0 $0
2013 -- $22,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11063550

Southwestern Michigan Association of REALTORS®

APN: 41-21-01-427-074