NOT LISTED FOR SALE

500 Lafayette Ave SE Unit 502 Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $474,114 - $596,000

4 Beds
3 Baths
2,659 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 500 Lafayette Ave SE Unit 502, Grand Rapids, MI 49503 and is currently estimated at $540,779, approximately $203 per square foot. 500 Lafayette Ave SE Unit 502 is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Cuthbert Jonathan B and Cuthbert Rachel S
Bought by
Cuthbert Jonathan B and Cuthbert Rachel S
Current Estimated Value
$553,474

Purchase Details

Closed on
Feb 8, 2012
Sold by
Fannie Mae
Bought by
Cuthbert Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,240
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 18, 2011
Sold by
Co Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2011
Sold by
Richardson Shawn K and Richardson Sheryl L
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 30, 1996
Bought by
Cuthbert Richardsn and Cuthbert Jonathan

Purchase Details

Closed on
Jul 1, 1993
Sold by
Simpson Simpson D D and Simpson Devroy S
Bought by
Cuthbert Jonathan

Purchase Details

Closed on
May 24, 1989
Bought by
Cuthbert Jonathan

Purchase Details

Closed on
Jul 17, 1984
Bought by
Cuthbert Jonathan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Cuthbert Jonathan B -- None Listed On Document
Cuthbert Jonathan B -- None Listed On Document
Cuthbert Jonathan $51,500 Attorneys Title Agency Llc
Fannie Mae -- None Available
Bank Of America Na $156,709 None Available
Cuthbert Richardsn -- --
Cuthbert Jonathan $54,500 --
Cuthbert Jonathan $50,900 --
Cuthbert Jonathan $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuthbert Jonathan Brant $120,240
Source: Public Records

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 $3,884 $233,900 $0 $0
2024 $3,884 $206,700 $0 $0
2023 $3,720 $182,500 $0 $0
2022 $3,741 $159,000 $0 $0
2021 $3,658 $156,200 $0 $0
2020 $3,497 $147,500 $0 $0
2019 $3,662 $135,800 $0 $0
2018 $5,384 $122,100 $0 $0
2017 $5,253 $111,700 $0 $0
2016 $5,278 $105,500 $0 $0
2015 $3,310 $105,500 $0 $0
2013 -- $95,300 $0 $0
Source: Public Records

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