Hillmount 505 Cherry St SE Grand Rapids, MI 49503
Heritage Hill NeighborhoodEstimated Value: $247,000 - $269,000
2
Beds
1
Bath
945
Sq Ft
$275/Sq Ft
Est. Value
About This Home
This home is located at 505 Cherry St SE, Grand Rapids, MI 49503 and is currently estimated at $260,173, approximately $275 per square foot. 505 Cherry St SE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2024
Sold by
Nyman Brent and Hornfeld Courtney
Bought by
Vorwerck Evan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$189,685
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$59,744
Purchase Details
Closed on
May 12, 2016
Sold by
Sand Ridge Properties Llc
Bought by
Hornfeld Courtney and Nyman Brent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2006
Sold by
Koster Nicholas J
Bought by
Sand Ridge Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Vorwerck Evan | $240,000 | None Listed On Document | |
Hornfeld Courtney | $165,000 | Chicago Title | |
Sand Ridge Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Vorwerck Evan | $192,000 | |
Previous Owner | Hornfeld Courtney | $132,000 | |
Previous Owner | Sand Ridge Properties Llc | $171,662 | |
Previous Owner | Koster Nicholas | $146,400 | |
Previous Owner | Koster Nicholas | $23,250 |
Source: Public Records
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 | $2,843 | $123,000 | $0 | $0 |
2024 | $2,843 | $113,600 | $0 | $0 |
2023 | $4,436 | $104,200 | $0 | $0 |
2022 | $4,216 | $90,400 | $0 | $0 |
2021 | $4,108 | $89,000 | $0 | $0 |
2020 | $3,971 | $87,200 | $0 | $0 |
2019 | $4,066 | $83,600 | $0 | $0 |
2018 | $3,941 | $74,400 | $0 | $0 |
2017 | $2,521 | $65,000 | $0 | $0 |
2016 | $1,857 | $58,100 | $0 | $0 |
2015 | $2,681 | $58,100 | $0 | $0 |
2013 | -- | $50,800 | $0 | $0 |
Source: Public Records
About Hillmount
Map
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