NOT LISTED FOR SALE

51 Elm St SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $191,000 - $234,000

4 Beds
1 Bath
1,568 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $33,000 $21 Per Sq Ft

Est. 565% increase in value since last sale

Current estimated payment $1,225/month

8 Days on Market

About This Home

As of June 2012

This is a well maintained and affordable home. It has 4 bedrooms, formal dining room, main floor laundry and full basement. This is not a foreclosure or a short sale. Land contract terms: Price $40,000, $10,000 downpayment, 8% interest, monthly payment $615.00 plus taxes and insurance, 5 yrs amortization.

Last Agent to Sell the Property

Rui DeOliveira

RE/MAX SunQuest Realty License #6501288319 Listed on: 05/22/2012

RE/MAX SunQuest Realty

Last Buyer's Agent

Rui DeOliveira

RE/MAX SunQuest Realty License #6501288319 Listed on: 05/22/2012

RE/MAX SunQuest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $794

Year Built

  • Built in 1885

Lot Details

  • 2,550 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$794

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1885
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1568.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 40000.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2550.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2012
Closed on
Jun 8, 2012
Sold by
Martinez Martin and Martinez Maria
Bought by
Quintero Anne Flores
Seller's Agent
Rui DeOliveira
RE/MAX SunQuest Realty
Buyer's Agent
Rui DeOliveira
RE/MAX SunQuest Realty
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%
Current Estimated Value
$219,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,384
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Apr 18, 2007
Sold by
Option One Mortgage Corp
Bought by
Martinez Martin

Purchase Details

Closed on
Aug 17, 2006
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Na and Carrington Mortgage Loan Trust Series 20

Purchase Details

Closed on
Aug 16, 2006
Sold by
Wilcox April
Bought by
Option One Mortgage Corp

Purchase Details

Closed on
Dec 12, 2005
Sold by
Jimenez Jorge Cortez and Cortez Claudia
Bought by
Wilcox April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Morales Victor and Morales Maria Guadalupe
Bought by
Jimenez Jorge Cortez and Jimenez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1995
Bought by
Cortez and Cortez Jimnz

Purchase Details

Closed on
Jan 25, 1983
Sold by
O'Neil O'Neil J J and O'Neil Morales F
Bought by
Quintero Ana Flores

Purchase Details

Closed on
Dec 15, 1981
Sold by
Black Black R R and Black O'Neil J
Bought by
Quintero Ana Flores
Source: Public Records

Range of Values:

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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
Quintero Anne Flores $33,000 None Available
Martinez Martin $32,000 None Available
Option One Mortgage Corp -- None Available
Wells Fargo Bank Na -- None Available
Option One Mortgage Corp $58,650 None Available
Wilcox April $94,000 Rels Title
Jimenez Jorge Cortez -- --
Cortez -- --
Quintero Ana Flores -- --
Quintero Ana Flores -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilcox April $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2012 06/08/12 Sold $33,000 -17.5% $21 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $40,000 -- $26 / 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 $794 $94,200 $0 $0
2024 $794 $83,900 $0 $0
2023 $806 $74,900 $0 $0
2022 $1,178 $54,400 $0 $0
2021 $748 $46,500 $0 $0
2020 $715 $41,700 $0 $0
2019 $723 $34,600 $0 $0
2018 $723 $28,200 $0 $0
2017 $704 $21,600 $0 $0
2016 $712 $20,500 $0 $0
2015 $663 $20,500 $0 $0
2013 -- $23,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rui DeOliveira

    Seller's Agent in 2012

    Rui DeOliveira

    RE/MAX Michigan

    (616) 540-1949

    14 in this area

    79 Total Sales

    Rui DeOliveira
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12028410

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-476-044

Michigan Kent County Grand Rapids 49507 Garfield Park

51 Elm St SW, Grand Rapids, MI

This home is located at 51 Elm St SW, Grand Rapids, MI 49507 since 22 May 2012 and is currently estimated at $219,384, approximately $139 per square foot. This property was built in 1885. 51 Elm St SW is a home located in Kent County with nearby schools including Buchanan Elementary School, Burton Middle School, and Union 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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