NOT LISTED FOR SALE

505 Overbrook Ln SE Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $406,000 - $491,000

4 Beds
2.5 Baths
2,521 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $400,000 $159 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,904/month

5 Days on Market

Highlights

  • 0.22 Acre Lot
  • Living Room with Fireplace
  • Wood Flooring
  • Colonial Architecture
  • Wooded Lot
  • Screened Porch

About This Home

As of June 2021

Welcome to gracious living in this stately home on one of Grand Rapids' most beautiful streets! Step through the leaded glass front door to a charming entryway with open staircase. Main floor features kitchen, 1/2 bath, dining room, living room, and a perfect home office or den. Upstairs are four good sized bedrooms & 2 bathrooms. Lower level offers finished family room with fireplace, laundry area and plenty of storage. Walk to the library, grocery, brewery, restaurants, and pizza parlor in nearby Alger Heights, and the Kroc Community Center. You will love all that this neighborhood has to offer! Seller has instructed agent to hold any offers received until 10am on Monday, May 10. No buyers letters.

Last Agent to Sell the Property

Ann DeBoe

Novosad Realty Partners License #6501380126 Listed on: 05/05/2021

Last Buyer's Agent

Robert Young

616 Realty LLC License #6502351396

616 Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1941

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Bay Window
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,799

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1941
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2521.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2798.97
  • Tax Info:Zoning3: residential
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Windows:BayBow: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 2021.0
  • Laundry Features Laundry Chute: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2521.0
  • Window Features: Storms, Screens, Bay/Bow
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 500.0
  • Basement Rooms:Total Basement SQFT: 1007.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Rec Room: Yes
  • Below Grade Sq Ft: 500.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Scrn Porch
  • List Price: 299000.0
  • Lot Features: Wooded, Cul-De-Sac
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Scrn Porch: 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
  • Laundry Features: Laundry Chute
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 75x125
  • Lot Size Sq Ft: 9375.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2798.97
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 10, 2021
Sold by
Mileski Donna Jean and Donna Jean Mileski Living Trus
Bought by
Vitone Magdelena G and Bell Colfer Kyle
Seller's Agent
Ann DeBoe
Novosad Realty Partners
Buyer's Agent
Robert Young
616 Realty LLC
List Price
$299,000
Sold Price
$400,000
Premium/Discount to List
$101,000
33.78%
Current Estimated Value
$459,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,899
Avg. Annual Appreciation
3.31%
Original Mortgage
$346,750
Outstanding Balance
$315,303
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$143,649

Purchase Details

Closed on
Aug 16, 2017
Sold by
Mileski Mitchell John and Mileski Donna Jean
Bought by
Mileski Donna Jean and The Donna Jean Mileski Living
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
Vitone Magdelena G $400,000 None Available
Mileski Donna Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitone Magdelena G $346,750
Previous Owner Mileski Donna Jean $114,000
Previous Owner Mileski Donna Jean $25,000
Previous Owner Mileski Donna Jean $21,613
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $400,000 +33.8% $159 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $299,000 -- $119 / 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 $4,835 $197,700 $0 $0
2024 $4,835 $185,900 $0 $0
2023 $4,905 $166,000 $0 $0
2022 $4,657 $138,300 $0 $0
2021 $2,691 $123,000 $0 $0
2020 $2,573 $122,200 $0 $0
2019 $2,539 $107,300 $0 $0
2018 $2,452 $86,200 $0 $0
2017 $2,387 $75,400 $0 $0
2016 $2,416 $68,200 $0 $0
2015 $2,247 $68,200 $0 $0
2013 -- $76,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ann DeBoe

    Novosad Realty Partners

    (616) 780-7163

    9 in this area

    54 Total Sales

    Ann DeBoe
    Section Image
  • Robert Young

    Buyer's Agent in 2021

    Robert Young

    616 Realty LLC

    (616) 293-9119

    3 in this area

    206 Total Sales

    Robert Young
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21015545

Southwestern Michigan Association of REALTORS®

APN: 41-18-07-406-016

Michigan Kent County Grand Rapids 49507 Garfield Park

505 Overbrook Ln SE, Grand Rapids, MI

This home is located at 505 Overbrook Ln SE, Grand Rapids, MI 49507 since 05 May 2021 and is currently estimated at $459,899, approximately $182 per square foot. This property was built in 1941. 505 Overbrook Ln SE is a home located in Kent County with nearby schools including Brookside Elementary School, 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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