Seller's Agent in 2021
Steven Bridges
Bellabay Realty (SW)
(616) 337-7540
31 Total Sales
3850 Loraine Ave SW Grand Rapids, MI 49548
Estimated Value: $215,000 - $228,000
2
Beds
1
Bath
936
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Sun or Florida Room
- 1 Car Detached Garage
- Bungalow
- Breakfast Area or Nook
- Cul-De-Sac
- Forced Air Heating and Cooling System
About This Home
As of February 2021Don't miss out on this 2 bed 1 bath home that comes with another city lot! The extra lot has so many options you could sell it off, build another home, add another garage. A brand new roof was installed in November 2020, along with gutters on the home's front. Inside you'll find hardwood floors throughout the main level, along with new flooring in the kitchen and bathroom. Most of the main floor was recently painted as well. Downstairs has a non-conforming third bedroom. You could change that into a living room or entertainment space. Sellers are also providing the buyer with a 1 year home warranty. Seller directs Listing agent to hold all offers until Sunday, January 24th at 7 pm.
Last Agent to Sell the Property
Bellabay Realty (SW) License #6501397171 Listed on: 01/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,600
Year Built
- Built in 1926
Lot Details
- 1,154 Sq Ft Lot
- Lot Dimensions are 105 x 112
- Cul-De-Sac
- Property is zoned R4, R4
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Composition Roof
- Aluminum Siding
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Sun or Florida Room
Kitchen
- Breakfast Area or Nook
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2021
Closed on
Feb 19, 2021
Sold by
Hamilton Emily M and Hamilton Richard A
Bought by
Reavis Michael Adam
Seller's Agent
Steven Bridges
Bellabay Realty (SW)
Buyer's Agent
Dan Burrill
Five Star Real Estate (Grandv)
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,394
Avg. Annual Appreciation
7.22%
Original Mortgage
$137,275
Outstanding Balance
$123,615
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$76,065
Purchase Details
Closed on
Sep 12, 1997
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reavis Michael Adam | $144,500 | First American Title Ins Co | |
| -- | $59,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reavis Michael Adam | $50,000 | |
| Open | Reavis Michael Adam | $137,275 | |
| Previous Owner | Hamilton Richard A | $85,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2021 02/19/21 | Sold | $145,000 | +0.1% | $155 / Sq Ft |
| 01/24/2021 01/24/21 | Pending | -- | -- | -- |
| 01/22/2021 01/22/21 | For Sale | $144,900 | -- | $155 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
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 | $2,948 | $98,100 | $0 | $0 |
| 2024 | $2,948 | $91,400 | $0 | $0 |
| 2023 | $2,824 | $88,200 | $0 | $0 |
| 2022 | $3,022 | $77,200 | $0 | $0 |
| 2021 | $1,394 | $71,600 | $0 | $0 |
| 2020 | $1,383 | $63,400 | $0 | $0 |
| 2019 | $1,600 | $56,900 | $0 | $0 |
| 2018 | $1,570 | $51,100 | $0 | $0 |
| 2017 | $1,529 | $42,000 | $0 | $0 |
| 2016 | $1,475 | $39,600 | $0 | $0 |
| 2015 | $1,441 | $39,600 | $0 | $0 |
| 2013 | -- | $38,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Bridges
-
Dan Burrill
D
Buyer's Agent in 2021
Dan Burrill
Five Star Real Estate (Grandv)
(616) 292-3876
71 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 20050034
APN: 41-17-24-279-040
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