NOT LISTED FOR SALE

Estimated Value: $179,422 - $264,000

1 Bed
1 Bath
629 Sq Ft
$334/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 $210,356, approximately $334 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
Jun 6, 2022
Sold by
Paul Jones Dennis and Kirby Kathy
Bought by
Jones Evan Rhys
Current Estimated Value
$210,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Outstanding Balance
$114,942
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$95,414

Purchase Details

Closed on
Nov 12, 2021
Sold by
Nicholas Gray
Bought by
Jones Dennis Paul and Jones Kirby

Purchase Details

Closed on
Jul 20, 2018
Sold by
Eichler Peter C
Bought by
Gray Nicholas

Purchase Details

Closed on
Jan 13, 2017
Sold by
Wagner Ashley and Parsh Ashley
Bought by
Eichler Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2006
Sold by
Marvin Gardens Partners Llc
Bought by
Parsh Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,320
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Jones Evan Rhys $151,000 First American Title
Jones Dennis Paul $150,000 First American Title
Gray Nicholas $140,000 None Available
Eichler Peter C $115,000 None Available
Parsh Ashley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Evan Rhys $120,800
Previous Owner Eichler Peter C $92,000
Previous Owner Parsh Ashley $75,320
Source: Public Records

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 $2,161 $76,500 $0 $0
2024 $2,161 $70,700 $0 $0
2023 $2,181 $64,900 $0 $0
2022 $2,914 $56,200 $0 $0
2021 $1,793 $55,400 $0 $0
2020 $1,714 $52,000 $0 $0
2019 $1,771 $52,000 $0 $0
2018 $1,771 $50,900 $0 $0
2017 $1,358 $45,600 $0 $0
2016 $2,082 $41,700 $0 $0
2015 $1,984 $41,700 $0 $0
2013 -- $37,600 $0 $0
Source: Public Records

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