NOT LISTED FOR SALE

466 Spring Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $236,000 - $261,000

3 Beds
1 Bath
985 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 30, 2013

Last sale price $27,500 $28 Per Sq Ft

Est. 796% increase in value since last sale

Current estimated payment $1,552/month

203 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Dining Area

About This Home

As of December 2013

Great starter or investment property. 3 bedroom, 1 bath home. 3 stall detached garage with 220 amp service. Close to expressways and local amenities. Close to the Medical Mile research area. This is a Fannie Mae HomePath property. This property is approved for HomePath Renovation Mortgage Financing. THIS PROPERTY IS NOW UP FOR AUCTION. GO TO WWW.AUCTION.COM TO SUBMIT AN OFFER Picture Map

Last Agent to Sell the Property

John Hilton

Success Realty West Michigan License #6501272166 Listed on: 05/28/2013

Last Buyer's Agent

Rebecca Dickenson

RE/MAX of Grand Rapids (FH) License #6501371114

RE/MAX of Grand Rapids (FH)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,873

Year Built

  • Built in 1890

Lot Details

  • 3,465

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 985 Sq Ft Home
  • Living Room
  • Dining Area
  • Wood Flooring

Additional Features

  • 3,465 Sq Ft Lot
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,873

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wood Floor
  • Fireplace: No
  • LivingArea: 985.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 37900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3465.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
Grb Properties Llc
Bought by
Proteus Management Group Llc
Current Estimated Value
$246,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Outstanding Balance
$201,821
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$44,269

Purchase Details

Listed on
May 28, 2013
Closed on
Jan 10, 2014
Sold by
Duprey Jeremy
Bought by
Grb Properties Llc
Seller's Agent
John Hilton
Success Realty West Michigan
Buyer's Agent
Rebecca Dickenson
RE/MAX of Grand Rapids (FH)
List Price
$60,000
Sold Price
$27,500
Premium/Discount to List
-$32,500
-54.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%

Purchase Details

Listed on
May 28, 2013
Closed on
Dec 18, 2013
Sold by
Federal National Mortgage Association
Bought by
Duprey Jeremy
Seller's Agent
John Hilton
Success Realty West Michigan
Buyer's Agent
Rebecca Dickenson
RE/MAX of Grand Rapids (FH)
List Price
$60,000
Sold Price
$27,500
Premium/Discount to List
-$32,500
-54.17%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Brown Eric and Brown Lisa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2004
Sold by
Schaab Paul C
Bought by
Brown Eric and Brown Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,935
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Welbon Earl and Welbon Elaine
Bought by
Schaab Paul

Purchase Details

Closed on
Jun 21, 1995
Bought by
Dorothy Schaab Ll Dod and Grb Properties Llc

Purchase Details

Closed on
Jan 30, 1995
Sold by
Schaab Schaab B B and Schaab P
Bought by
Grb Properties Llc
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
Proteus Management Group Llc $78,000 None Available
Grb Properties Llc -- None Available
Duprey Jeremy $27,500 None Available
Federal National Mortgage Association $82,935 None Available
Brown Eric $82,935 Metropolitan Title Company
Schaab Paul -- --
Dorothy Schaab Ll Dod -- --
Grb Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proteus Management Group Llc $242,000
Closed Proteus Management Group Llc $242,000
Previous Owner Grb Properties Llc $40,980
Previous Owner Grb Properties Llc $40,950
Previous Owner Brown Eric $82,935
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2013 12/30/13 Sold $27,500 -54.2% $28 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $60,000 -- $61 / 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
2025 $2,873 $96,800 $0 $0
2024 $2,873 $89,400 $0 $0
2023 $2,850 $82,200 $0 $0
2022 $2,709 $69,400 $0 $0
2021 $2,639 $61,800 $0 $0
2020 $2,551 $58,700 $0 $0
2019 $2,532 $55,200 $0 $0
2018 $2,532 $47,800 $0 $0
2017 $1,714 $34,800 $0 $0
2016 $1,722 $32,100 $0 $0
2015 $1,641 $32,100 $0 $0
2013 -- $32,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Hilton

    Success Realty West Michigan

  • R

    Buyer's Agent in 2013

    Rebecca Dickenson

    RE/MAX Michigan

    (616) 801-3790

    1 in this area

    84 Total Sales

    Rebecca Dickenson
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13030754

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-380-003

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

466 Spring Ave NE, Grand Rapids, MI

This home is located at 466 Spring Ave NE, Grand Rapids, MI 49503 since 28 May 2013 and is currently estimated at $246,432, approximately $250 per square foot. This property was built in 1890. 466 Spring Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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