NOT LISTED FOR SALE

503 Adams St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $201,000 - $238,000

5 Beds
1.5 Baths
1,380 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $30,500 $22 Per Sq Ft

Est. 612% increase in value since last sale

Current estimated payment $1,255/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Storm Windows
  • Forced Air Heating System

About This Home

As of April 2013

Very nice home. Gorgeous woodwork throughout.. Currently rented and approved section 8. Total of five bedrooms in all. Buy as an investment property only

Last Agent to Sell the Property

John Pols

RE/MAX of Grand Rapids (Wyomg) Listed on: 03/23/2013

Last Buyer's Agent

Jeff Berdyck

Homestead Realty of W Michigan License #6501331207

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,680 Sq Ft Lot
  • Lot Dimensions are 40 x 167

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Storm Windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 3
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 40 x 167
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1380.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1637.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 1380.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1380.0
  • Window Features: Storms
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Total Basement SQFT: 708.0

Exterior Features

  • Construction Materials: Block, Vinyl Siding
  • List Price: 35000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 40 x 167
  • Lot Size Sq Ft: 6680.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1637.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Mayhue Mary E
Bought by
Mayhue Mark W
Current Estimated Value
$217,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Outstanding Balance
$28,307
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$175,540

Purchase Details

Listed on
Mar 23, 2013
Closed on
Apr 29, 2013
Sold by
Doll Chris
Bought by
Mayhue Mark and Mayhue Mary
Seller's Agent
John Pols
RE/MAX of Grand Rapids (Wyomg)
Buyer's Agent
Jeff Berdyck
Homestead Realty of W Michigan
List Price
$35,000
Sold Price
$30,500
Premium/Discount to List
-$4,500
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%

Purchase Details

Listed on
Nov 5, 2012
Closed on
Feb 22, 2013
Sold by
Delano Richard and Delano Patricia
Bought by
Doll Chris
Seller's Agent
Grace Suchowian
Platinum Realty Lake Michigan
Buyer's Agent
John Pols
Homestead Realty of W Michigan
List Price
$39,900
Sold Price
$26,000
Premium/Discount to List
-$13,900
-34.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.74%

Purchase Details

Closed on
Sep 14, 2011
Sold by
Springleaf Financial Services Inc
Bought by
Delano Richard

Purchase Details

Closed on
Feb 23, 2011
Sold by
Washington Charlene
Bought by
American General Financial Services De I

Purchase Details

Closed on
Nov 6, 1998
Sold by
Wshng Wshng C C
Bought by
Mayhue Mark Mary

Purchase Details

Closed on
Feb 26, 1993

Purchase Details

Closed on
Feb 20, 1993

Purchase Details

Closed on
Feb 19, 1993
Bought by
Mayhue Mark Mary

Purchase Details

Closed on
May 5, 1992

Purchase Details

Closed on
Jun 22, 1990
Sold by
Jenks Jenks A A and Jenks R
Bought by
Mayhue Mark Mary

Purchase Details

Closed on
May 5, 1988
Sold by
Jenks Jenks R R and Jenks Washington C
Bought by
Mayhue Mark Mary
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
Mayhue Mark W -- None Listed On Document
Mayhue Mark $30,500 None Available
Doll Chris $26,000 None Available
Delano Richard $10,500 Chicago Title
American General Financial Services De I $25,000 None Available
Mayhue Mark Mary -- --
-- -- --
-- $7,000 --
Mayhue Mark Mary $11,500 --
-- -- --
Mayhue Mark Mary -- --
Mayhue Mark Mary $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayhue Mark W $35,500
Previous Owner Washington Charlene $65,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $30,500 -12.9% $22 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $35,000 +34.6% $25 / Sq Ft
02/22/2013 02/22/13 Sold $26,000 -34.8% $19 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $39,900 -- $30 / 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 $864 $85,600 $0 $0
2024 $864 $76,800 $0 $0
2023 $828 $68,800 $0 $0
2022 $833 $57,600 $0 $0
2021 $814 $46,900 $0 $0
2020 $778 $41,300 $0 $0
2019 $815 $32,800 $0 $0
2018 $787 $27,300 $0 $0
2017 $766 $22,800 $0 $0
2016 $776 $21,900 $0 $0
2015 $721 $21,900 $0 $0
2013 -- $24,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Pols

    RE/MAX Michigan

  • G

    Seller's Agent in 2013

    Grace Suchowian

    Platinum Realty Lake Michigan

    (616) 293-9957

    17 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Jeff Berdyck

    Homestead Realty of W Michigan

    (616) 292-3593

    53 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13015404

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-203-036

Michigan Kent County Grand Rapids 49507 Madison Area

503 Adams St SE, Grand Rapids, MI

This home is located at 503 Adams St SE, Grand Rapids, MI 49507 since 23 March 2013 and is currently estimated at $217,184, approximately $157 per square foot. This property was built in 1920. 503 Adams St SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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