501 Lafayette Ave SE Grand Rapids, MI 49503
Southeast Community Association NeighborhoodEstimated Value: $292,000 - $311,550
2
Beds
1.5
Baths
1,760
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- 0.56 Acre Lot
- Recreation Room
- Corner Lot: Yes
- Deck
- Traditional Architecture
- 1 Car Attached Garage
About This Home
As of June 2018Welcome to 501 Lafayette located in the lovely Heritage Commons . This Two Story Home is perfectly located close to many popular attractions in the city. All levels provide plenty of room form living . On the upper level you will find a large Master and Full bath and an additional well sized room. the Main level Provides a half bath, a eating area within the kitchen , a very well sized living room and space for an additional dinning room area. The Massive deck provides an opportunity to enjoy the nice backyard that is perfect for entertaining . The lower level has well size laundry area and finished family room . Make this your Home today .... It will not Last Long !
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) Listed on: 06/08/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,226
Year Built
- Built in 1977
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 67 x 97 x 92 x 97
- Corner Lot: Yes
- Level Lot
HOA Fees
- $10 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Window Screens
- Living Room
- Dining Area
- Recreation Room
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Doors are 36 inches wide or more
- Deck
- Mineral Rights Excluded
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2018
Closed on
Jun 22, 2018
Sold by
Nichols Caitlin
Bought by
Vanelderen Anya Jean
Seller's Agent
Ariel Roberts
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
Buyer's Agent
Elizabeth VanderWal
Greenridge Realty (West)
List Price
$165,500
Sold Price
$178,500
Premium/Discount to List
$13,000
7.85%
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
$124,888
Avg. Annual Appreciation
7.87%
Purchase Details
Listed on
Jun 2, 2015
Closed on
Sep 11, 2015
Sold by
Denherder Mark and Denherder Jennifer
Bought by
Nichols Caitlin
Seller's Agent
Bradley Veneklase
Urban Soil Realty
Buyer's Agent
Jennifer Scott
Five Star Real Estate (Muskegon)
List Price
$134,900
Sold Price
$127,500
Premium/Discount to List
-$7,400
-5.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$125,190
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 16, 2008
Sold by
Freiter Erik M and Moller Mecker G
Bought by
Den Herder Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,439
Interest Rate
6.05%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 23, 2004
Sold by
Jefco Management Inc
Bought by
Freiter Erik M and Moller Mecker G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2004
Sold by
Hopewell Artis W
Bought by
Jefco Management
Purchase Details
Closed on
Aug 14, 1989
Purchase Details
Closed on
May 7, 1980
Similar Homes in Grand Rapids, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vanelderen Anya Jean | $178,600 | None Available | |
| Nichols Caitlin | $127,500 | None Available | |
| Den Herder Mark | $101,000 | None Available | |
| Freiter Erik M | $116,500 | -- | |
| Jefco Management | $70,112 | -- | |
| -- | $42,500 | -- | |
| -- | $42,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nichols Caitlin | $125,190 | |
| Previous Owner | Denherder Mark | $82,008 | |
| Previous Owner | Denherder Mark | $100,930 | |
| Previous Owner | Den Herder Mark | $99,439 | |
| Previous Owner | Freiter Erik M | $93,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2018 06/22/18 | Sold | $178,500 | +7.9% | $101 / Sq Ft |
| 06/10/2018 06/10/18 | Pending | -- | -- | -- |
| 06/08/2018 06/08/18 | For Sale | $165,500 | +29.8% | $94 / Sq Ft |
| 09/11/2015 09/11/15 | Sold | $127,500 | -5.5% | $72 / Sq Ft |
| 07/15/2015 07/15/15 | Pending | -- | -- | -- |
| 06/02/2015 06/02/15 | For Sale | $134,900 | -- | $77 / 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 | $2,556 | $135,800 | $0 | $0 |
| 2024 | $2,556 | $127,000 | $0 | $0 |
| 2023 | $2,593 | $117,400 | $0 | $0 |
| 2022 | $2,462 | $106,400 | $0 | $0 |
| 2021 | $2,407 | $99,100 | $0 | $0 |
| 2020 | $2,301 | $90,300 | $0 | $0 |
| 2019 | $2,410 | $68,500 | $0 | $0 |
| 2018 | $2,287 | $69,300 | $0 | $0 |
| 2017 | $2,226 | $63,800 | $0 | $0 |
| 2016 | $2,253 | $52,200 | $0 | $0 |
| 2015 | $1,666 | $52,200 | $0 | $0 |
| 2013 | -- | $49,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ariel Roberts
A
Seller's Agent in 2018
Ariel Roberts
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
(269) 598-1044
1 in this area
19 Total Sales
-
Elizabeth VanderWal
E
Buyer's Agent in 2018
Elizabeth VanderWal
Greenridge Realty (West)
(616) 856-8101
6 Total Sales
-
Bradley Veneklase
Seller's Agent in 2015
Bradley Veneklase
Urban Soil Realty
(616) 437-1065
106 Total Sales
-
Buyer's Agent in 2015
Jennifer Scott
Five Star Real Estate (Muskegon)
33 Total Sales
-
J
Buyer's Agent in 2015
Jennifer Papa
@Home Realty LLC
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 18026076
APN: 41-14-31-130-025
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