NOT LISTED FOR SALE

51 Luce St SW Grand Rapids, MI 49534

Estimated Value: $336,000 - $369,000

2 Beds
1 Bath
1,456 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $113,000 $78 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $2,038/month

27 Days on Market

Highlights

  • Airplane Hangar
  • Waterfront
  • Living Room
  • Grandville Cummings Elementary School Rated A-
  • 3.04 Acre Lot
  • Attic Fan

About This Home

As of January 2013

This walkout Ranch in Grandville School district and Tallmadge Twp sits on 3.29 acres with approximately 185 ft of private frontage on Fennessy Lake. The home is beautiful inside with knotty pine cathedral ceilings in the large open living room, a huge kitchen with a long snack bar, sliders off the dining area out to a 14'x52' deck overlooking the land. The basement is finishable and plumbed for another full bath. The 2-story barn is 14x30 with an 8x30 lean-to additional. There are tons of deer and turkeys. You can go ice fishing, boating, skiing right off your own land. Come take a look.

Last Agent to Sell the Property

Randy Reeds

Reeds Realty License #6504208277 Listed on: 07/20/2012

Last Buyer's Agent

Ronald Oostveen

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1991

Lot Details

  • 3.04 Acre Lot
  • Waterfront
  • The property's road front is unimproved

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Airplane Hangar

Utilities

  • Well
  • Septic System

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,350

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1991
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range
  • Interior Amenities: Attic Fan, Ceiling Fans
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk Out
  • LivingArea: 1456.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 136900.0
  • Lot Features: Wetland Area, Wooded
  • Other Structures: Barn(s), Airplane Hangar
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Fennessy Lake
  • Waterfront Features: All Sports, Deeded Access
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 3.04
  • Lot Size Area: 3.04
  • Lot Size Sq Ft: 132422.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2012
Closed on
Jan 16, 2013
Sold by
Camp David F and Camp Dawn
Bought by
Schaner Casey
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Ronald Oostveen
Five Star Real Estate (Grandv)
List Price
$154,900
Sold Price
$113,000
Premium/Discount to List
-$41,900
-27.05%
Current Estimated Value
$348,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,857
Avg. Annual Appreciation
8.76%
Original Mortgage
$125,189
Outstanding Balance
$88,005
Interest Rate
3.38%
Mortgage Type
Construction
Estimated Equity
$240,132
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
Schaner Casey $113,000 Sun Title Agency Of Mi Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaner Casey $125,189
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2013 01/16/13 Sold $113,000 -27.0% $78 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $154,900 -- $106 / 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 $2,350 $146,800 $0 $0
2024 $1,700 $140,100 $0 $0
2023 $1,623 $119,700 $0 $0
2022 $2,054 $108,200 $0 $0
2021 $2,002 $100,700 $0 $0
2020 $1,985 $95,700 $0 $0
2019 $1,838 $91,600 $0 $0
2018 $1,563 $88,800 $39,900 $48,900
2017 $1,558 $63,800 $0 $0
2016 $1,492 $57,100 $0 $0
2015 -- $51,000 $0 $0
2014 -- $52,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Reeds

    Seller's Agent in 2013

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    27 in this area

    275 Total Sales

    Randy Reeds
    Section Image

  • R

    Buyer's Agent in 2013

    Ronald Oostveen

    Five Star Real Estate (Grandv)

    (616) 437-3783

    33 Total Sales

    Ronald Oostveen
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12040258

Southwestern Michigan Association of REALTORS®

APN: 70-10-36-400-044

Michigan Ottawa County Grand Rapids 49534

51 Luce St SW, Grand Rapids, MI

This home is located at 51 Luce St SW, Grand Rapids, MI 49534 since 20 July 2012 and is currently estimated at $348,857, approximately $239 per square foot. This property was built in 1991. 51 Luce St SW is a home located in Ottawa County with nearby schools including Grandville Cummings Elementary School, Grandville Middle School, and West Michigan Academy of Environmental Science.

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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