NOT LISTED FOR SALE

505 Madison Ave SE Unit A Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $755,000 - $832,000

3 Beds
3 Baths
1 Sq Ft
$779,293/Sq Ft Est. Value

About This Home

This home is located at 505 Madison Ave SE Unit A, Grand Rapids, MI 49503 and is currently estimated at $779,293, approximately $779,293 per square foot. 505 Madison Ave SE Unit A is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2017
Sold by
Thompson Seth and Thompson Melanie
Bought by
Vought Vichael and Appert Renee
Current Estimated Value
$779,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,250
Outstanding Balance
$168,719
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$610,574

Purchase Details

Closed on
Oct 19, 2016
Sold by
Lemmen Kimberly R
Bought by
Thompson Seth

Purchase Details

Closed on
Apr 17, 2006
Sold by
Brawley Gary and Brawley Linda
Bought by
Thompson Seth R and Lemmen Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 6, 2003
Sold by
Stewart Gregory and White Stillman
Bought by
Brawley Gary and Brawley Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1997
Sold by
Steffen Steffen C C and Steffen Ts
Bought by
Steffen Ts and Thompson Seth Lemmem Kimberly

Purchase Details

Closed on
Apr 24, 1992

Purchase Details

Closed on
Nov 30, 1989
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
Vought Vichael $372,500 None Available
Thompson Seth -- Attorney
Thompson Seth R $270,000 None Available
Brawley Gary $270,000 Chicago Title
Steffen Ts -- --
-- $132,500 --
-- $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vought Vichael $335,250
Previous Owner Thompson Seth R $100,000
Previous Owner Brawley Gary $243,000
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 $7,248 $392,900 $0 $0
2024 $7,248 $347,300 $0 $0
2023 $7,354 $307,200 $0 $0
2022 $6,969 $267,100 $0 $0
2021 $6,826 $262,300 $0 $0
2020 $6,526 $252,000 $0 $0
2019 $6,629 $216,600 $0 $0
2018 $6,402 $184,000 $0 $0
2017 $5,509 $168,600 $0 $0
2016 $5,576 $159,400 $0 $0
2015 $5,255 $159,400 $0 $0
2013 -- $152,500 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Heritage Hill

505 Madison Ave SE Unit A, Grand Rapids, MI

This home is located at 505 Madison Ave SE Unit A, Grand Rapids, MI 49503 and is currently estimated at $779,293, approximately $779,293 per square foot. 505 Madison Ave SE Unit A is a home located in Kent County with nearby schools including Martin Luther King Leadership 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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