NOT LISTED FOR SALE

5059 Pillar Creek Ave SE Grand Rapids, MI 49508

Estimated Value: $345,000 - $374,000

4 Beds
2 Baths
1,756 Sq Ft
$205/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $67,000 $38 Per Sq Ft

Est. 436% increase in value since last sale

Current estimated payment $2,126/month

46 Days on Market

Highlights

  • Deck
  • Attached Garage
  • 1-Story Property
  • East Kentwood High School Rated A-
  • Forced Air Heating System

About This Home

As of January 2012

Popular contemporary design in this 4 bedroom home in a quiet area of Kentwood. Sliders to deck overlooking private back yard, finished basement area and tons of character! Sold as is, all information regarding property subject to buyer verification. Per FHA appraiser sq ft 1756

Last Agent to Sell the Property

David Brooks

LASTBIDrealestate.com - I License #6502109146 Listed on: 08/22/2011

Last Buyer's Agent

Richard Kazma

Success Realty West Michigan License #6501155517

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 7,320 Sq Ft Lot
  • Lot Dimensions are 61x120

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Bi-Level
  • Stories: 1
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 61x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1756.0
  • General Property Info:Design: Bi-Level
  • Tax Info:Annual Property Tax: 2316.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Daylight: Yes
  • General Property Info:SqFt Above Grade: 848.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight
  • LivingArea: 1756.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick, Other
  • Exterior Features: Deck(s)
  • List Price: 75680.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 61x120
  • Lot Size Sq Ft: 7320.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2316.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2011
Closed on
Jan 4, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Cobb Summer
Seller's Agent
David Brooks
LASTBIDrealestate.com - I
Buyer's Agent
Richard Kazma
Success Realty West Michigan
List Price
$86,000
Sold Price
$67,000
Premium/Discount to List
-$19,000
-22.09%
Current Estimated Value
$359,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,317
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Apr 21, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 20, 2010
Sold by
Arreola Rafael and Arreola Mary
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 29, 2005
Sold by
Reiser Michael P and Reiser Becky J
Bought by
Arreola Rafael and Arreola Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,581
Interest Rate
5.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Cobb Summer $67,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $155,617 None Available
Arreola Rafael $149,900 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arreola Rafael $147,581
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2012 01/06/12 Sold $67,000 -22.1% $38 / Sq Ft
10/07/2011 10/07/11 Pending -- -- --
08/22/2011 08/22/11 For Sale $86,000 -- $49 / 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 $2,559 $144,100 $0 $0
2024 $2,559 $132,700 $0 $0
2023 $2,725 $110,600 $0 $0
2022 $2,551 $104,800 $0 $0
2021 $2,574 $92,800 $0 $0
2020 $2,136 $85,700 $0 $0
2019 $2,462 $79,800 $0 $0
2018 $2,462 $72,400 $0 $0
2017 $2,398 $67,400 $0 $0
2016 $2,323 $65,000 $0 $0
2015 $2,241 $65,000 $0 $0
2013 -- $60,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11047072

Southwestern Michigan Association of REALTORS®

APN: 41-18-27-377-033