NOT LISTED FOR SALE

505 Lyon St NE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $493,654 - $652,000

-- Bed
-- Bath
2,929 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 505 Lyon St NE, Grand Rapids, MI 49503 and is currently estimated at $581,914, approximately $198 per square foot. 505 Lyon St NE 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
May 31, 2019
Sold by
Veep Investments Llc
Bought by
Joshi Parth
Current Estimated Value
$581,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$257,695
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$324,219

Purchase Details

Closed on
Oct 6, 2016
Sold by
Vanderpoel Mike and Vanderpoel Jennifer
Bought by
Veep Investments Llc

Purchase Details

Closed on
Oct 12, 2010
Sold by
Veep Investments Llc
Bought by
Vanderpoel Mike and Vanderpoel Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Brownlee Scott T and Brownlee Crystal
Bought by
Veep Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2001
Sold by
Brownlee Scott T and Brownlee Crystal
Bought by
Brownlee Scott T and Brownlee Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
9.15%

Purchase Details

Closed on
May 29, 1996
Sold by
Hubers Hubers R R and Hubers Brownlee S
Bought by
Vanderpoel Mike Jennifer

Purchase Details

Closed on
May 28, 1996
Sold by
Regency Inv and Regency Hubers R
Bought by
Vanderpoel Hubers R and Vanderpoel Mike Jennifer

Purchase Details

Closed on
Oct 1, 1993
Sold by
Price Price R R and Price Hubers R
Bought by
Vanderpoel Mike Jennifer

Purchase Details

Closed on
Sep 10, 1993
Sold by
Terhaar Terhaar R R and Terhaar Price R
Bought by
Vanderpoel Mike Jennifer

Purchase Details

Closed on
May 10, 1990

Purchase Details

Closed on
Sep 24, 1987
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Joshi Parth $390,000 None Available
Veep Investments Llc -- None Available
Vanderpoel Mike -- Michigan Bankers Title Of We
Veep Investments Llc $196,000 Fatic
Brownlee Scott T -- Michigan Title Company
Vanderpoel Mike Jennifer $138,900 --
Vanderpoel Hubers R -- --
Vanderpoel Mike Jennifer $66,000 --
Vanderpoel Mike Jennifer $30,000 --
-- $14,100 --
-- $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Parth $292,500
Previous Owner Vanderpoel Mike $146,250
Previous Owner Veep Investments Llc $210,000
Previous Owner Brownlee Scott T $175,500
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 $9,191 $232,900 $0 $0
2024 $9,191 $216,000 $0 $0
2023 $9,117 $186,500 $0 $0
2022 $8,663 $167,100 $0 $0
2021 $8,280 $184,600 $0 $0
2020 $8,322 $162,700 $0 $0
2019 $4,692 $136,300 $0 $0
2018 $4,549 $130,500 $0 $0
2017 $4,437 $107,600 $0 $0
2016 $4,459 $92,700 $0 $0
2015 $4,249 $92,700 $0 $0
2013 -- $85,200 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Heritage Hill

505 Lyon St NE, Grand Rapids, MI

This home is located at 505 Lyon St NE, Grand Rapids, MI 49503 and is currently estimated at $581,914, approximately $198 per square foot. 505 Lyon St NE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High 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.

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