NOT LISTED FOR SALE

505 Gladstone Dr SE Grand Rapids, MI 49506

Estimated Value: $780,000 - $951,000

3 Beds
2.5 Baths
2,914 Sq Ft
$303/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $502,500 $172 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,944/month

27 Days on Market

Highlights

  • Deck
  • Den with Fireplace
  • Traditional Architecture
  • East Grand Rapids High School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of January 2017

Built in 1911, this craftsman style home has large windows inviting plenty of natural light, hardwood floors throughout the first and second level, and custom updates within last 5 years. Master suite with walk in closet and tiled shower. Additional full bath has refinished clawfoot tub, new fixtures and tile floor. Custom mudroom with built in cubbies and desks; recently finished attic with separate heating and a/c. Light fills the side room in which you can enjoy the fireplace. Unique basement den with stone fireplace that's wired for surround sound. The home has the original french & pocket doors & stained glass window. Kitchen completely refinished in 2011 (dovetail cabinets by Homecrest, granite countertops, stainless steel appliances, pantry and Pella windows). In 2014 the attic was finished with separate heating and a/c unit, spray foam insulation, Pella windows and in wall speakers. The mudroom was also done with added entry/deck. The mudroom has Pella Architect Series windows and Pella door. The main heating and cooling unit has a 4" air filter, humidifier, return and supply germicidal/uv lights (2011) and Ecobee smart thermostat. The electrical was also completely updated in 2011. The basement has a clean laundry area, additional storage room, an area used as an office/workout space and a rec area. Two car garage with plenty of storage space above garage. There's many areas to enjoy the outside from the large front porch, back deck and two brick patios. You can conveniently access the deck from the pantry or the mudroom, the deck steps have hard wired built in lights. The asphalt driveway is a great space for the kids to ride bikes and was resealed in 2016. The yard includes an invisible fence, is wired for four outdoor speakers for entertaining or backyard movies and there's plenty of outdoor outlets. The house exterior was repainted in 2012 and there's a Vivint home security system which can be transferred to the new owner.

Last Agent to Sell the Property

Todd Schaal

ESTES GROUP, THE License #6502121638 Listed on: 11/15/2016

Last Buyer's Agent

Brenda Harris

Five Star Real Estate License #6501365294

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,865

Year Built

  • Built in 1911

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90' x 120'
  • Shrub
  • Sprinkler System
  • Property is zoned R-3, R-3

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Den with Fireplace
  • 2 Fireplaces
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Play Equipment
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Air Cleaner
  • Mineral Rights

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,865

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 3
  • Year Built: 1911
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90' x 120'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2914.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 5865.0
  • Tax Info:Zoning3: R-3
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Mineral Rights:Yes: Yes
  • Additional Items:Security System: Yes
  • Additional Items:Air Cleaner: Yes
  • General Property Info:SqFt Above Grade: 2638.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range, Oven, Microwave, Disposal, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Air Cleaner, Garage Door Opener, Humidifier, Security System, Wood Floor, Pantry
  • Fireplace Features: Den, Other
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2914.0
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Basement Finished SQFT: 276.0
  • Basement Rooms:Total Basement SQFT: 1172.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:DenStudy: Yes
  • Below Grade Sq Ft: 276.0

Exterior Features

  • Construction Materials: Brick, Stucco
  • Exterior Features: Play Equipment, Porch(es), Deck(s)
  • List Price: 515000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Play Equipment: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 90' x 120'
  • Lot Size Sq Ft: 10800.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5865.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 19, 2017
Sold by
Schaal John and Schaal Julianne
Bought by
Thompson Timothy W and Thompson Laura P
Seller's Agent
Todd Schaal
ESTES GROUP, THE
Buyer's Agent
Brenda Harris
Five Star Real Estate
List Price
$515,000
Sold Price
$502,500
Premium/Discount to List
-$12,500
-2.43%
Current Estimated Value
$882,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,578
Avg. Annual Appreciation
5.93%
Original Mortgage
$354,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2012
Sold by
Gonda Roger L and Gonda Joyce M
Bought by
Schaal John and Schaal Julianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Lewis George H and Lewis David E
Bought by
Gonda Roger L and Gonda Joyce M
Source: Public Records

Range of Values:

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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
Thompson Timothy W $502,500 None Available
Schaal John $250,000 First American Title Ins Co
Gonda Roger L $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Timothy W $344,940
Closed Thompson Timothy W $354,500
Previous Owner Schaal John $60,000
Previous Owner Schaal John $30,000
Previous Owner Schaal John $200,000
Previous Owner Lewis George H $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $502,500 -2.4% $172 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $515,000 -- $177 / 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 $13,370 $404,500 $0 $0
2024 $13,370 $362,000 $0 $0
2023 $12,950 $315,200 $0 $0
2022 $12,274 $283,800 $0 $0
2021 $11,962 $273,400 $0 $0
2020 $11,132 $258,800 $0 $0
2019 $11,774 $240,500 $0 $0
2018 $11,633 $235,800 $0 $0
2017 $7,443 $186,300 $0 $0
2016 $5,919 $170,300 $0 $0
2015 -- $170,300 $0 $0
2013 -- $141,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16055357

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-106-002