502 Rivers Edge Ln Unit 2 Portland, MI 48875
2
Beds
2.5
Baths
1,552
Sq Ft
$200/mo
HOA Fee
Highlights
- River Front
- Cathedral Ceiling
- Covered patio or porch
- Deck
- Main Floor Primary Bedroom
- Cul-De-Sac
About This Home
As of April 2025This river front condo is a rare find. First floor living awaits with the large master suite, fireplace, and laundry all on the main level. The kitchen provides open site lines to the living and dining room. The second story has another master suite! Entertain outside with the low maintenance composite decking and great views of the river and store all your toys in attached two car garage.
Last Agent to Sell the Property
Century 21 Affiliated License #6501410865 Listed on: 10/18/2019
Last Buyer's Agent
Randy Powers
Century 21 Affiliated License #6506039682
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,088
Year Built
- Built in 2004
Lot Details
- River Front
- Cul-De-Sac
- North Facing Home
HOA Fees
- $200 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,552 Sq Ft Home
- 1.5-Story Property
- Sound System
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Living Room
- Dining Room
- Laundry on main level
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Laminate Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
Home Security
Outdoor Features
- Deck
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Gas Water Heater
- Water Softener is Owned
- High Speed Internet
Listing and Financial Details
- Probate Listing
Community Details
Overview
- Rivers Edge Association
- Rivers Edge Subdivision
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2019
Closed on
Nov 21, 2019
Sold by
Jordan Marion L Living Trust
Bought by
Waltz Michael and Waltz Christine
Seller's Agent
Janay Bengal
Century 21 Affiliated
Buyer's Agent
Randy Powers
Century 21 Affiliated
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%
Total Days on Market
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Purchase Details
Closed on
Sep 22, 2009
Sold by
Jordan Marion Lorain and Jordan Lorain
Bought by
Revocable Living Trust Of Marion L Jor
Purchase Details
Closed on
Nov 13, 2007
Sold by
Riverstone Holdings Llc
Bought by
Jordan Marion Lorain and Jordan William W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 2007
Sold by
Riverstone Holdings Llc
Bought by
Jordon William W and Jordon Marion Lorain
Purchase Details
Closed on
Mar 23, 2007
Sold by
Union Bank
Bought by
Riverstone Holdings Llc
Purchase Details
Closed on
Dec 4, 2006
Sold by
Two Rivers Development Llc
Bought by
Union Bank
Similar Home in Portland, 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 |
|---|---|---|---|
| Grant Deed | $215,000 | Diversified Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $178,500 | Bell Title Company | |
| Land Contract | -- | None Available | |
| Warranty Deed | $1,054,500 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $0 | New Conventional | |
| Previous Owner | $75,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $269,600 | -3.7% | $174 / Sq Ft |
| 03/14/2025 03/14/25 | Price Changed | $279,900 | -6.7% | $180 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $299,900 | 0.0% | $193 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/14/2025 02/14/25 | For Sale | $299,900 | +39.5% | $193 / Sq Ft |
| 11/21/2019 11/21/19 | Sold | $215,000 | -10.4% | $139 / Sq Ft |
| 11/13/2019 11/13/19 | Pending | -- | -- | -- |
| 10/17/2019 10/17/19 | For Sale | $239,900 | -- | $155 / Sq Ft |
Source: Greater Lansing 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 |
|---|---|---|---|---|
| 2024 | $5,375 | $137,300 | $9,000 | $128,300 |
| 2023 | $5,133 | $102,800 | $9,000 | $93,800 |
| 2022 | $4,889 | $102,800 | $9,000 | $93,800 |
| 2021 | $5,805 | $87,800 | $9,000 | $78,800 |
| 2020 | $4,678 | $87,800 | $9,000 | $78,800 |
| 2019 | $2,850 | $90,800 | $5,500 | $85,300 |
| 2018 | $3,088 | $77,900 | $4,100 | $73,800 |
| 2017 | $2,175 | $77,900 | $4,100 | $73,800 |
| 2016 | $2,157 | $82,600 | $4,100 | $78,500 |
| 2015 | -- | $82,600 | $4,100 | $78,500 |
| 2014 | -- | $74,400 | $4,100 | $70,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jenny Chaney
Seller's Agent in 2025
Jenny Chaney
Century 21 Affiliated
(517) 712-5366
114 Total Sales
-
Janay Bengal
J
Seller's Agent in 2019
Janay Bengal
Century 21 Affiliated
(616) 765-2484
2 Total Sales
-
Buyer's Agent in 2019
Randy Powers
Century 21 Affiliated
(517) 719-1636
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 241878
APN: 300-255-000-005-02
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Copyright © 2025 Greater Lansing Association of REALTORS®
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