NOT LISTED FOR SALE

503 Ferndale Ave NW Grand Rapids, MI 49534

Estimated Value: $241,718 - $277,000

2 Beds
1 Bath
1,008 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $110,000 $109 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,526/month

3 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 1 Car Attached Garage
  • Central Elementary School Rated A
  • Den
  • Eat-In Kitchen

About This Home

As of February 2018

Location! Location! Location! Located in Grandville school district, this charming 2 bedroom home is right in the heart of Standale. Meijer and many other amenities are within walking distance. There is also a bus stop just down the street for easy access to Grand Valley and Downtown. Featuring an updated kitchen and fenced in backyard, this home will not last long!

Last Agent to Sell the Property

Cory Smallegan

Five Star Real Estate (Main) License #6501390455 Listed on: 11/30/2017

Five Star Real Estate (Main)

Co-Listed By

Amanda Smallegan

Five Star Real Estate (Main) License #6501390831

Last Buyer's Agent

Marcy Swanson Team

Five Star Real Estate (Grandv) License #6501320248

Five Star Real Estate (Grandv)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1950

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 60x131
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,928

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1008.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1928.0
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1008.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Kitchen Island, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1008.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 109900.0
  • Patio and Porch Features: Deck
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Stucco: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 60x131
  • Lot Size Sq Ft: 7840.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1928.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Skalandis Sara
Bought by
503 Ferndale Llc
Current Estimated Value
$261,180

Purchase Details

Closed on
Sep 1, 2020
Sold by
Mitchell Matthew and Mitchell Jennifer
Bought by
Skalandis Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Outstanding Balance
$107,490
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$153,690

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 1, 2018
Sold by
Smallegan Rayan
Bought by
Michrtchell Matthew and Michrtchell Jennfer
Seller's Agent
Cory Smallegan
Five Star Real Estate (Main)
Buyer's Agent
Marcy Swanson Team
Five Star Real Estate (Grandv)
List Price
$109,900
Sold Price
$110,000
Premium/Discount to List
$100
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Fannie Mae
Bought by
Smallegan Ryan

Purchase Details

Closed on
Mar 11, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 2010
Sold by
Rider Darrell
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Bauer Wayne H and Bauer Joanne A
Bought by
Rider Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Rider Patricia and Rider P
Bought by
Rider Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bauer Lisa D and Bauer Wayne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,779
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mortgage Electronic Registration System
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 31, 2000
Sold by
Heald Richard J
Bought by
Stewart James K and Smallegan Ryan
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
503 Ferndale Llc -- None Listed On Document
Skalandis Sara $127,500 Ata National Title Group Llc
Michrtchell Matthew $110,000 None Available
Smallegan Ryan $40,000 Attorneys Title Agency Llc
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $100,534 None Available
Rider Darrell $96,750 None Available
Rider Darrell -- None Available
Bauer Lisa D $79,000 --
Federal Home Loan Mortgage Corporation -- --
Stewart James K $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skalandis Sara $121,125
Previous Owner Rider Darrell $96,750
Previous Owner Bauer Lisa D $77,779
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $110,000 +0.1% $109 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $109,900 -- $109 / Sq Ft
Source: MichRIC

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 $1,887 $91,800 $0 $0
2024 $1,887 $83,500 $0 $0
2023 $1,804 $71,600 $0 $0
2022 $1,926 $66,500 $0 $0
2021 $1,877 $62,300 $0 $0
2020 $2,493 $58,500 $0 $0
2019 $1,976 $55,100 $0 $0
2018 $1,976 $51,300 $0 $0
2017 $1,927 $46,200 $0 $0
2016 $1,874 $44,200 $0 $0
2015 $1,844 $44,200 $0 $0
2013 -- $39,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 17057529

MichRIC

APN: 41-13-19-376-042