NOT LISTED FOR SALE

500 Lafayette Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

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

4 Beds
1.5 Baths
2,727 Sq Ft
$198/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $51,500 $19 Per Sq Ft

Est. 975% increase in value since last sale

Current estimated payment $3,355/month

6 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Fenced Yard
  • Den with Fireplace
  • Corner Lot: Yes
  • 1-minute walk to Mooney Park

About This Home

As of February 2012

Come see this 4BR, 1.5BA classic Heritage Hill home, this property has tons of character, and is centrally located and close to everything. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Taylor Caughron

Keller Williams GR East License #6501321035 Listed on: 12/20/2011

Keller Williams GR East

Co-Listed By

Karol Cooley

Keller Williams GR East License #6506034289

Last Buyer's Agent

Todd Rookus

Parkside Homes LLC License #6502359909

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 50'x105'
  • Fenced Yard
  • Corner Lot: Yes

Parking

  • Paved Parking

Home Design

  • Victorian Architecture
  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,727 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Den with Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Victorian
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50'x105'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2727.0
  • General Property Info:Design: Victorian
  • Tax Info:Annual Property Tax: 2279.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • Roofing:Wood: Yes
  • General Property Info:SqFt Above Grade: 2727.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning, Den/Study
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2727.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1473.0
  • Fireplace:Wood Burning: Yes
  • Fireplace:DenStudy: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Fenced Back, Porch(es), Deck(s)
  • List Price: 56000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Paved
  • Garage:Garage2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 50'x105'
  • Lot Size Sq Ft: 5250.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2279.0
  • Tax Year: 2011

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

Listed on
Dec 20, 2011
Closed on
Feb 8, 2012
Sold by
Fannie Mae
Bought by
Cuthbert Jonathan
Seller's Agent
Taylor Caughron
Keller Williams GR East
Buyer's Agent
Todd Rookus
Parkside Homes LLC
List Price
$56,000
Sold Price
$51,500
Premium/Discount to List
-$4,500
-8.04%

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:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/09/2012 02/09/12 Sold $51,500 -8.0% $19 / Sq Ft
12/26/2011 12/26/11 Pending -- -- --
12/20/2011 12/20/11 For Sale $56,000 -- $21 / 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 $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

Agents Affiliated with this Home

  • Taylor Caughron

    Seller's Agent in 2012

    Taylor Caughron

    Keller Williams GR East

    (616) 633-5109

    83 Total Sales

    Section Image
  • Karol Cooley

    Seller Co-Listing Agent in 2012

    Karol Cooley

    Keller Williams GR East

    (616) 575-0115

    61 Total Sales

    Section Image

  • T

    Buyer's Agent in 2012

    Todd Rookus

    Parkside Homes LLC

    (616) 318-1010

    3 in this area

    28 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11065279

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-134-001

Michigan Kent County Grand Rapids 49503 Heritage Hill

500 Lafayette Ave SE, Grand Rapids, MI

This home is located at 500 Lafayette Ave SE, Grand Rapids, MI 49503 since 20 December 2011 and is currently estimated at $540,779, approximately $198 per square foot. This property was built in 1880. 500 Lafayette Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills 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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