Seller's Agent in 2025
Filloreta Balaj-Elezi
EXP Realty LLC
(616) 570-4188
9 in this area
254 Total Sales
463 Gilbert St SE Grand Rapids, MI 49507
Madison Area Neighborhood
4
Beds
2
Baths
1,526
Sq Ft
6,970
Sq Ft Lot
About This Home
As of March 2025Discover this versatile and charming property located on the southeast side, making it an excellent choice for families or potential income generation. The home is currently configured as two separate two-bedroom apartments, providing flexibility for various living arrangements.
The property boasts a full basement, perfect for additional storage or recreational space, off-street parking, and a spacious backyard.
This residence features a newer roof and updated windows that enhance both its aesthetic appeal and energy efficiency. The upstairs apartment includes a kitchen but can easily be converted into a fourth bedroom, expanding the living space and accommodating your needs. This property truly has something for everyone!
Last Agent to Sell the Property
EXP Realty LLC License #6501422619 Listed on: 12/07/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,383
Year Built
- Built in 1911
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 55x127
Home Design
- Traditional Architecture
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,526 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2024
Closed on
Mar 14, 2025
Sold by
Esperance Nizigiyimana and Mediatrice Nijimbere
Bought by
Olsen Lily
Seller's Agent
Filloreta Balaj-Elezi
EXP Realty LLC
Buyer's Agent
Jean Blauser
The Local Element
List Price
$215,000
Sold Price
$197,000
Premium/Discount to List
-$18,000
-8.37%
Total Days on Market
70
Views
1811
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
$12,089
Avg. Annual Appreciation
11.89%
Original Mortgage
$191,090
Outstanding Balance
$190,280
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$18,809
Purchase Details
Listed on
Sep 7, 2023
Closed on
Mar 26, 2024
Sold by
Delgado Eleazar
Bought by
Esperance Nizigiyimana and Mediatrice Nijimbere
Seller's Agent
Catherine Conklin
616 Realty LLC
Buyer's Agent
Samuel Mwabi
Greenridge Realty (Kentwood)
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
431
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%
Original Mortgage
$183,150
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 23, 2019
Closed on
Jan 30, 2020
Sold by
Wilkins J D J and Wilkins Dorothy
Bought by
Delgado Eleazer
Seller's Agent
Melvin Fountain
Coldwell Banker Schmidt Realtors
Buyer's Agent
Melvin Fountain
Coldwell Banker Schmidt Realtors
List Price
$85,000
Sold Price
$85,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.90%
Purchase Details
Closed on
Mar 17, 2005
Sold by
Wilkins J D and Wilkins Sarah
Bought by
Wilkins J D and Wilkins Dorothy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $197,000 | None Listed On Document | |
| Warranty Deed | $200,000 | Chicago Title | |
| Warranty Deed | $85,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $191,090 | New Conventional | |
| Previous Owner | $183,150 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $197,000 | -1.0% | $129 / Sq Ft |
| 02/15/2025 02/15/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | Price Changed | $199,000 | -7.4% | $130 / Sq Ft |
| 12/07/2024 12/07/24 | For Sale | $215,000 | +7.5% | $141 / Sq Ft |
| 03/26/2024 03/26/24 | Sold | $200,000 | -4.8% | $131 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | Price Changed | $210,000 | -4.5% | $138 / Sq Ft |
| 09/07/2023 09/07/23 | For Sale | $220,000 | +158.8% | $144 / Sq Ft |
| 01/31/2020 01/31/20 | Sold | $85,000 | 0.0% | $56 / Sq Ft |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- |
| 10/23/2019 10/23/19 | For Sale | $85,000 | -- | $56 / 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 | $1,883 | $98,300 | $0 | $0 |
| 2024 | $1,883 | $88,000 | $0 | $0 |
| 2023 | $3,162 | $82,000 | $0 | $0 |
| 2022 | $3,005 | $68,800 | $0 | $0 |
| 2021 | $3,030 | $56,100 | $0 | $0 |
| 2020 | $466 | $49,600 | $0 | $0 |
| 2019 | $488 | $39,600 | $0 | $0 |
| 2018 | $471 | $31,800 | $0 | $0 |
| 2017 | $459 | $26,700 | $0 | $0 |
| 2016 | $464 | $25,700 | $0 | $0 |
| 2015 | $432 | $25,700 | $0 | $0 |
| 2013 | -- | $29,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Filloreta Balaj-Elezi
-
Jean Blauser
J
Buyer's Agent in 2025
Jean Blauser
The Local Element
(616) 581-1703
1 in this area
39 Total Sales
-
Catherine Conklin
C
Seller's Agent in 2024
Catherine Conklin
616 Realty LLC
(616) 421-5327
2 in this area
70 Total Sales
-
Samuel Mwabi
S
Buyer's Agent in 2024
Samuel Mwabi
Greenridge Realty (Kentwood)
(616) 375-0697
1 in this area
35 Total Sales
-
Melvin Fountain
M
Seller's Agent in 2020
Melvin Fountain
Coldwell Banker Schmidt Realtors
(616) 340-4620
3 in this area
27 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24062200
APN: 41-18-06-202-030
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