NOT LISTED FOR SALE

5070 Cascade Rd SE Unit 1 Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $3,960,526

-- Bed
-- Bath
2,114 Sq Ft
$1,873/Sq Ft Est. Value

About This Home

This home is located at 5070 Cascade Rd SE Unit 1, Grand Rapids, MI 49546 and is currently estimated at $3,960,526, approximately $1,873 per square foot. 5070 Cascade Rd SE Unit 1 is a home located in Kent County with nearby schools including Meadow Brook Elementary School, Northern Trails 5/6 School, and Northern Hills Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Cobalt Sky Properties Llc
Bought by
Jb 5070 Cascade Llc and Mck Holdings Llc
Current Estimated Value
$3,960,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,885,000
Outstanding Balance
$1,846,821
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$2,087,441

Purchase Details

Closed on
Aug 30, 2019
Sold by
Cascade Professional Center Llc
Bought by
Cobalt Sky Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2004
Sold by
Bout Tyme Llc
Bought by
Cascade Professional Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,465,000
Interest Rate
5.84%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Jb 5070 Cascade Llc -- First American Title
Cobalt Sky Properties Llc $2,650,000 None Available
Cascade Professional Center Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jb 5070 Cascade Llc $1,885,000
Previous Owner Cobalt Sky Properties Llc $2,120,000
Previous Owner Cascade Professional Center Llc $1,400,000
Previous Owner Cascade Professional Center Llc $2,465,000
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 $63,017 $1,792,200 $0 $0
2024 $63,017 $2,120,500 $0 $0
2023 $60,132 $1,785,300 $0 $0
2022 $58,394 $1,724,900 $0 $0
2021 $48,007 $1,103,400 $0 $0
2020 $28,972 $956,700 $0 $0
2019 $36,020 $942,200 $0 $0
2018 $38,361 $882,900 $0 $0
2017 $37,996 $793,900 $0 $0
2016 $36,020 $771,100 $0 $0
2015 -- $771,100 $0 $0
2013 -- $713,800 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49546 Forest Hills

5070 Cascade Rd SE Unit 1, Grand Rapids, MI

This home is located at 5070 Cascade Rd SE Unit 1, Grand Rapids, MI 49546 and is currently estimated at $3,960,526, approximately $1,873 per square foot. 5070 Cascade Rd SE Unit 1 is a home located in Kent County with nearby schools including Meadow Brook Elementary School, Northern Trails 5/6 School, and Northern Hills Middle School.

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