NOT LISTED FOR SALE

5041 Coit Ave NE Grand Rapids, MI 49525

Northview Neighborhood

Estimated Value: $209,000 - $263,663

4 Beds
1 Bath
984 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $43,000 $44 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $1,428/month

123 Days on Market

Highlights

  • 0.88 Acre Lot
  • Recreation Room
  • Dining Area
  • West Oakview Elementary School Rated A-
  • Living Room

About This Home

As of October 2014

This 4 bedroom, 1 bath home has spacious bedrooms and most rooms were recently painted throughout. The bedrooms and closets are large, providing lots of storage space. The basement is unfinished but walks out to a large, private one acre lot. Although this home needs a bit of TLC, it is in Northview school districts and is close to the Grand River. Great investment property!

Last Agent to Sell the Property

Julie Grevengoed

Clarity Realty LLC License #6502360881 Listed on: 05/15/2014

Clarity Realty LLC

Last Buyer's Agent

Javier Rodriguez

Lake Michigan Realty Mgmt License #6502394655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1958

Lot Details

  • 0.88 Acre Lot

Interior Spaces

  • 984 Sq Ft Home
  • Living Room
  • Dining Area
  • Recreation Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,659

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk Out
  • LivingArea: 984.0

Exterior Features

  • List Price: 45000.0
  • Lot Features: Wooded

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.88
  • Lot Size Area: 0.88
  • Lot Size Sq Ft: 38333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Oct 22, 2014
Sold by
First Community Bank
Bought by
Maldonado Sanchez Bertoldo and Ramirez Nicacia
Seller's Agent
Julie Grevengoed
Clarity Realty LLC
Buyer's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
List Price
$64,900
Sold Price
$43,000
Premium/Discount to List
-$21,900
-33.74%
Current Estimated Value
$236,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,666
Avg. Annual Appreciation
16.56%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Hestikind Erik and Hestikind E
Bought by
First Community Bank and Select Bank

Purchase Details

Closed on
Feb 21, 2008
Sold by
Marsman Ivan J and Marsman Maxine
Bought by
Hestikind Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,156
Interest Rate
5.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2007
Sold by
Marsman Ivan J
Bought by
Select Bank

Purchase Details

Closed on
Aug 3, 2006
Sold by
Marsman Ivan J and Marsman Maxine
Bought by
Hestikind Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 2000
Bought by
Mitchell Gene and Mitchell Linda

Purchase Details

Closed on
Aug 11, 1999
Sold by
Mitchell Gene
Bought by
Chase Bank Of Texas and Hestikaind Erik
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maldonado Sanchez Bertoldo $43,000 First American Title Ins Co
First Community Bank $51,164 None Available
Hestikind Erik $85,000 None Available
Select Bank $86,693 None Available
Hestikind Erik $85,000 None Available
Mitchell Gene $67,000 --
Chase Bank Of Texas $70,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hestikind Erik $22,156
Previous Owner Hestikind Erik $69,354
Previous Owner Hestikind Erik $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2014 10/22/14 Sold $43,000 -33.7% $44 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $64,900 -- $66 / 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 $1,659 $98,700 $0 $0
2024 $1,659 $88,800 $0 $0
2023 $1,585 $84,400 $0 $0
2022 $2,527 $66,500 $0 $0
2021 $2,456 $67,400 $0 $0
2020 $1,455 $62,300 $0 $0
2019 $2,392 $46,600 $0 $0
2018 $2,501 $52,700 $0 $0
2017 $2,424 $48,200 $0 $0
2016 $2,362 $47,100 $0 $0
2015 $2,359 $47,100 $0 $0
2013 -- $41,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Grevengoed

    Seller's Agent in 2014

    Julie Grevengoed

    Clarity Realty LLC

    (616) 466-4539

    2 in this area

    116 Total Sales

    Julie Grevengoed
    Section Image
  • Javier Rodriguez

    Buyer's Agent in 2014

    Javier Rodriguez

    Lake Michigan Realty Mgmt

    (616) 559-7979

    273 Total Sales

    Javier Rodriguez
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14025290

Southwestern Michigan Association of REALTORS®

APN: 41-10-28-126-004

Michigan Kent County Grand Rapids 49525 Northview

5041 Coit Ave NE, Grand Rapids, MI

This home is located at 5041 Coit Ave NE, Grand Rapids, MI 49525 since 15 May 2014 and is currently estimated at $236,666, approximately $240 per square foot. This property was built in 1958. 5041 Coit Ave NE is a home located in Kent County with nearby schools including West Oakview Elementary School, East Oakview Elementary School, and North Oakview Elementary 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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