NOT LISTED FOR SALE

Hillmount 505 Cherry St SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $140,000 - $159,193

1 Bed
1 Bath
369 Sq Ft
$398/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 $146,798, approximately $397 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
Jan 18, 2024
Sold by
Riemersma Jimmy
Bought by
Riemersma Joshua
Current Estimated Value
$146,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$112,005
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$34,793

Purchase Details

Closed on
Nov 9, 2023
Sold by
Burrows David P
Bought by
Riemersma Jimmy

Purchase Details

Closed on
Dec 18, 2020
Sold by
Thompson Rebecca L
Bought by
Burrows David P

Purchase Details

Closed on
Dec 31, 2015
Sold by
Teater Summer
Bought by
Thompson Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,475
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2014
Sold by
Certain Ventures Llc
Bought by
Teater Summer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2006
Sold by
Marvin Gardens Partners Llc
Bought by
Certain Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riemersma Joshua $120,200 Grand Rapids Title
Riemersma Joshua $120,200 Grand Rapids Title
Riemersma Jimmy $120,200 Grand Rapids Title
Riemersma Jimmy $120,200 Grand Rapids Title
Burrows David P $106,000 Grand Rapids Title Co Llc
Burrows David P $106,000 Grand Rapids Title Co Llc
Thompson Rebecca $80,500 Title Resource Agency
Thompson Rebecca $80,500 Title Resource Agency
Teater Summer B $67,000 Examiners Title
Teater Summer B $67,000 Examiners Title
Certain Ventures Llc -- None Available
Certain Ventures Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riemersma Joshua $114,000
Previous Owner Thompson Rebecca $76,475
Previous Owner Teater Summer B $50,250
Previous Owner Certain Ventures Llc $217,500
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 $1,956 $66,800 $0 $0
2024 $20 $61,700 $0 $0
2023 $2,679 $56,600 $0 $0
2022 $2,546 $49,100 $0 $0
2021 $2,521 $48,300 $0 $0
2020 $1,410 $47,400 $0 $0
2019 $1,477 $45,400 $0 $0
2018 $1,426 $44,400 $0 $0
2017 $1,389 $39,800 $0 $0
2016 $1,406 $36,400 $0 $0
2015 $1,861 $36,400 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

About Hillmount

Map

Michigan Kent County Grand Rapids 49503 Heritage Hill

505 Cherry St SE, Grand Rapids, MI

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.