510 College Ave Grand Rapids, MI 49503
North East Citizens Action NeighborhoodEstimated Value: $129,000
--
Bed
1
Bath
--
Sq Ft
2.72
Acres
About This Home
This home is located at 510 College Ave, Grand Rapids, MI 49503 and is currently priced at $129,000. 510 College Ave is a home located in Kent County with nearby schools including Coit Creative Arts Academy, Kent Hills School, and Riverside Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 4, 2020
Sold by
College Hill Lc
Bought by
Trillium College Hill Owner Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,600,000
Outstanding Balance
$8,546,863
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 30, 2018
Sold by
Word I Nvestments Inc
Bought by
College Hill Llc
Purchase Details
Closed on
Feb 3, 2009
Sold by
Word Investments Inc
Bought by
Michigan Department Of Transportation
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trillium College Hill Owner Llc | -- | Accommodation | |
| College Hill Llc | -- | First American Title Ins Co | |
| Michigan Department Of Transportation | $13,606 | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trillium College Hill Owner Llc | $9,600,000 |
Source: Public Records
Tax History Compared to Growth
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 | $222,521 | $6,872,400 | $0 | $0 |
| 2024 | $222,521 | $6,861,200 | $0 | $0 |
| 2023 | $220,726 | $5,964,700 | $0 | $0 |
| 2022 | $209,783 | $4,870,600 | $0 | $0 |
| 2021 | $204,401 | $3,916,400 | $0 | $0 |
| 2020 | $100,809 | $3,916,300 | $0 | $0 |
| 2019 | $103,217 | $3,396,700 | $0 | $0 |
| 2018 | $100,058 | $2,990,800 | $0 | $0 |
| 2017 | $97,607 | $2,428,900 | $0 | $0 |
| 2016 | $98,084 | $1,931,700 | $0 | $0 |
| 2015 | $93,454 | $1,931,700 | $0 | $0 |
| 2013 | -- | $1,799,200 | $0 | $0 |
Source: Public Records
Map
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