47 Lafayette Ave NE Unit 302 Grand Rapids, MI 49503
Downtown Grand Rapids Neighborhood
2
Beds
1
Bath
678
Sq Ft
$265/mo
HOA Fee
Highlights
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Ceiling Fan
- Eat-In Kitchen
- Snack Bar or Counter
- Hot Water Heating System
About This Home
As of August 2023Location, location, location! Downtown condo close to Medical Mile, restaurants and all Grand Rapids has to offer. The front window which spans the living room wall overlooks the city, perfect for viewing the cityscape and fireworks from various areas. The main living area has vaulted ceilings, giving the rooms a more spacious feel. The kitchen has granite countertops and stainless steel appliances. Use the second bedroom as an office or guest room. There is an in-unit W/D, dedicated parking space, and secure storage in the common basement. The entire building houses 8 units and boasts an active HOA. If all that isn't enough the heat is included in the association fee. This condo won't last long so set up an appt today.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,889
Year Built
- Built in 1962
Lot Details
- Shrub
HOA Fees
- $265 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 678 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Snack Bar or Counter
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
Overview
- Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
- $265 HOA Transfer Fee
- Association Phone (616) 558-6715
- 47 Lafayette Condominiums
Amenities
- Community Storage Space
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2023
Closed on
Aug 28, 2023
Sold by
Walker Nathan William
Bought by
Block Shannon
Seller's Agent
Cheryl Westdale
Keller Williams GR East
Buyer's Agent
Samantha Garrett
ReSIDE Grand Rapids
List Price
$225,000
Sold Price
$222,500
Premium/Discount to List
-$2,500
-1.11%
Views
162
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
$17,745
Avg. Annual Appreciation
3.36%
Original Mortgage
$178,000
Outstanding Balance
$174,290
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$63,507
Purchase Details
Listed on
Jul 16, 2020
Closed on
Feb 8, 2021
Sold by
Groenleer Andrew
Bought by
Walker Nathan William
Seller's Agent
Chris Konyndyk
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Cheryl Westdale
Keller Williams GR East
List Price
$179,900
Sold Price
$161,500
Premium/Discount to List
-$18,400
-10.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$120,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 9, 2017
Closed on
Feb 27, 2018
Sold by
Page Daniel
Bought by
Groenleer Andrew
Seller's Agent
Zach Wendt
Keller Williams GR East
Buyer's Agent
Travis McIntyre
Bellabay Realty (North)
List Price
$160,000
Sold Price
$158,000
Premium/Discount to List
-$2,000
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$153,260
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 25, 2017
Closed on
Mar 3, 2017
Sold by
Obrien Thomas I
Bought by
Page Daniel
Seller's Agent
Robert Novosad
Keller Williams GR East
Buyer's Agent
Jacob Rolf
Kilner Group Realty
List Price
$149,000
Sold Price
$153,400
Premium/Discount to List
$4,400
2.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$122,720
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2014
Sold by
Brien Thomas I O
Bought by
Brien Claire Park O
Purchase Details
Listed on
Nov 1, 2013
Closed on
Dec 13, 2013
Sold by
Ridson Kevin L and Risdon Karen G
Bought by
Brien Thomas I O
Seller's Agent
Rebecca Glaesman
DeVos Realty LLC
Buyer's Agent
Robert Novosad
Novosad Realty Partners
List Price
$124,900
Sold Price
$122,900
Premium/Discount to List
-$2,000
-1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Similar Homes in Grand Rapids, MI
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 | $222,500 | None Listed On Document | |
| Warranty Deed | $161,500 | Chicago Title Of Michigan In | |
| Warranty Deed | $158,000 | Chicago Title Of Michigan In | |
| Warranty Deed | $153,400 | Grand Rapids Title Co Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $122,900 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $178,000 | New Conventional | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $153,260 | Purchase Money Mortgage | |
| Previous Owner | $69,500 | New Conventional | |
| Previous Owner | $122,720 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2023 08/28/23 | Sold | $222,500 | -1.1% | $328 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | For Sale | $225,000 | +39.3% | $332 / Sq Ft |
| 02/08/2021 02/08/21 | Sold | $161,500 | -10.2% | $238 / Sq Ft |
| 12/21/2020 12/21/20 | Pending | -- | -- | -- |
| 07/16/2020 07/16/20 | For Sale | $179,900 | +13.9% | $265 / Sq Ft |
| 03/01/2018 03/01/18 | Sold | $158,000 | -1.3% | $233 / Sq Ft |
| 01/18/2018 01/18/18 | Pending | -- | -- | -- |
| 11/09/2017 11/09/17 | For Sale | $160,000 | +4.3% | $236 / Sq Ft |
| 03/03/2017 03/03/17 | Sold | $153,400 | +3.0% | $226 / Sq Ft |
| 01/31/2017 01/31/17 | Pending | -- | -- | -- |
| 01/25/2017 01/25/17 | For Sale | $149,000 | +21.2% | $220 / Sq Ft |
| 12/13/2013 12/13/13 | Sold | $122,900 | -1.6% | $158 / Sq Ft |
| 11/19/2013 11/19/13 | Pending | -- | -- | -- |
| 11/01/2013 11/01/13 | For Sale | $124,900 | -- | $160 / 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 | $3,513 | $110,800 | $0 | $0 |
| 2024 | $3,513 | $110,800 | $0 | $0 |
| 2023 | $2,906 | $85,800 | $0 | $0 |
| 2022 | $2,889 | $85,800 | $0 | $0 |
| 2021 | $2,766 | $83,900 | $0 | $0 |
| 2020 | $2,644 | $81,700 | $0 | $0 |
| 2019 | $2,769 | $78,700 | $0 | $0 |
| 2018 | $2,578 | $74,100 | $0 | $0 |
| 2017 | $2,055 | $69,400 | $0 | $0 |
| 2016 | $2,080 | $60,400 | $0 | $0 |
| 2015 | $1,935 | $60,400 | $0 | $0 |
| 2013 | -- | $46,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Westdale
C
Seller's Agent in 2023
Cheryl Westdale
Keller Williams GR East
(616) 308-5075
3 in this area
100 Total Sales
-
Samantha Garrett
S
Buyer's Agent in 2023
Samantha Garrett
ReSIDE Grand Rapids
(616) 575-1800
1 in this area
101 Total Sales
-
Chris Konyndyk
Seller's Agent in 2021
Chris Konyndyk
RE/MAX Michigan
(616) 262-0678
4 in this area
60 Total Sales
-
Z
Seller's Agent in 2018
Zach Wendt
Keller Williams GR East
-
L
Seller Co-Listing Agent in 2018
Laura Moher
Keller Williams GR North (Main)
-
Travis McIntyre
Buyer's Agent in 2018
Travis McIntyre
Bellabay Realty (North)
(616) 450-5100
1 in this area
237 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23023944
APN: 41-14-30-188-017
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