NOT LISTED FOR SALE

457 Maethy St SE Grand Rapids, MI 49548

Garfield Park Neighborhood

Estimated Value: $250,000 - $261,000

3 Beds
1.5 Baths
1,768 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $62,125 $35 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $1,496/month

Highlights

  • Cape Cod Architecture
  • Fenced Yard
  • Living Room
  • Deck
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2015

HUD Home! Nice 3 Bedroom Home with plenty of space, deck, and fenced in yard! Check it Out Today For A Great Deal! Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance, IE - FHA 203B with Repair Escrow financing availability is subject to buyer’s appraisal. LBP Addendum Required.

Last Agent to Sell the Property

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 01/15/2015

Last Buyer's Agent

Rui DeOliveira

RE/MAX SunQuest Realty License #6501288319

RE/MAX SunQuest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1953

Lot Details

  • 7,056 Sq Ft Lot
  • Lot Dimensions are 50x141
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1953
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 50x141
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1768.0
  • General Property Info:Design: Cape Cod
  • Tax Info:Annual Property Tax: 1248.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1768.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 878.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 60720.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 50x141
  • Lot Size Sq Ft: 7056.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1248.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2015
Sold by
Kai Investments & Real Estate Llc
Bought by
Hines Christopher
Current Estimated Value
$257,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,043
Outstanding Balance
$83,231
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$174,420

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 9, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Kai Investments & Real Estate Llc
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Rui DeOliveira
RE/MAX SunQuest Realty
List Price
$69,000
Sold Price
$62,125
Premium/Discount to List
-$6,875
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Closed on
Apr 25, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 3, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 29, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 8, 2013
Sold by
Zepeda Edgar and Zepeda Leidy M
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 31, 2009
Sold by
Wilson Marc J
Bought by
Zepeda Edgar and Zepeda Leidy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,406
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 1998

Purchase Details

Closed on
Nov 22, 1994

Purchase Details

Closed on
Sep 17, 1985
Source: Public Records

Range of Values:

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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
Hines Christopher $108,000 None Available
Kai Investments & Real Estate Llc $62,125 Americas One Title
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $89,844 None Available
Zepeda Edgar $88,000 Chicago Title
-- $84,900 --
-- $66,500 --
-- $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Christopher $106,043
Previous Owner Zepeda Edgar $86,406
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2015 02/11/15 Sold $62,125 -10.0% $35 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $69,000 -- $39 / Sq Ft
Source: MichRIC

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 $1,780 $117,400 $0 $0
2024 $1,780 $108,900 $0 $0
2023 $1,976 $98,300 $0 $0
2022 $1,824 $82,300 $0 $0
2021 $1,782 $73,400 $0 $0
2020 $1,507 $64,000 $0 $0
2019 $1,742 $56,700 $0 $0
2018 $1,710 $50,200 $0 $0
2017 $1,666 $41,400 $0 $0
2016 $1,606 $36,600 $0 $0
2015 $1,639 $36,600 $0 $0
2013 -- $33,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Childress

    Seller's Agent in 2015

    Michael Childress

    Childress & Associates Realty

    (616) 893-1672

    3 in this area

    169 Total Sales

    Michael Childress
    Section Image
  • Rui DeOliveira

    Buyer's Agent in 2015

    Rui DeOliveira

    RE/MAX Michigan

    (616) 540-1949

    17 in this area

    80 Total Sales

    Rui DeOliveira
    Section Image
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Map

Source: MichRIC

MLS Number: 14057390

MichRIC

APN: 41-18-18-201-037

Michigan Kent County Grand Rapids 49548 Garfield Park

457 Maethy St SE, Grand Rapids, MI

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MichRIC Information is deemed reliable but not guaranteed.
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