NOT LISTED FOR SALE

514 Sheldon Ave SE Unit 3 Grand Rapids, MI 49503

Southeast Community Association Neighborhood

Estimated Value: $339,000 - $533,000

3 Beds
1.5 Baths
1,492 Sq Ft
$115/mo HOA Fee

Last Sold December 08, 2016

Last sale price $143,500 $96 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,448/month

48 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Traditional Architecture
  • Den
  • Recreation Room
  • End Unit
  • Porch

About This Home

As of December 2016

Buyers may be eligible for up to $13,500 in home buyer subsidy based on need & determined by the ICCF. Wonderful ICCF developed, Eastbrook Homes built end-unit townhome located close to downtown Grand Rapid's restaurants, shops, breweries & more. You'll love the main floor with an open concept kitchen, dining & living rooms. The kitchen features lots of cupboards & counter space, center island & the appliances are included. Upstairs you find a nice sized master bedroom with large walk in closet, 2 ancillary bedrooms & included washer and dryer. The basement has an egress window installed for the opportunity to add additional living space & is rough plumbed for another bath room. Special conditions apply. Buyers must meet income and eligibility guidelines of HOME Program.

Last Agent to Sell the Property

Lloyd Reed, Jr.

Home Run Real Estate License #6502362271 Listed on: 08/18/2016

Last Buyer's Agent

Lloyd Reed, Jr.

Home Run Real Estate License #6502362271 Listed on: 08/18/2016

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • 2-Story Property
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bathroom
  • Doors are 36 inches wide or more
  • Accessible Entrance
  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include water, snow removal, sewer, lawn/yard care
  • $115 HOA Transfer Fee
  • Sheldon Townhomes Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$115 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2016
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 96.18
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: DNA
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1492.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Completed
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: Sheldon Townhomes
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • General Property Info:SqFt Above Grade: 1492.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Accessibility Features: 36 Inch Entrance Door, Accessible M Flr Half Bath, Covered Entrance, Accessible Entrance
  • Interior Amenities: Center Island
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Daylight
  • LivingArea: 1492.0
  • Window Features: Low-Emissivity Windows, Screens, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 746.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Accessibility Feat:Accessible M Flr Half Bath: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 143500.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: End Unit
  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 115.0
  • Association Info:Assoc Buy in Fee: 115
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:End Unit: Yes

Fee Information

  • Association Fee Includes: Water, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Lot Size Area: 1.0
  • Lot Dimensions: DNA
  • Lot Size Sq Ft: 1.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 8, 2016
Sold by
Iccf
Bought by
Rincones Steve
Seller's Agent
Lloyd Reed, Jr.
Home Run Real Estate
Buyer's Agent
Lloyd Reed, Jr.
Home Run Real Estate
List Price
$143,500
Sold Price
$143,500
Current Estimated Value
$405,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,020
Avg. Annual Appreciation
12.02%
Original Mortgage
$132,750
Outstanding Balance
$107,027
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$298,493
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rincones Steve $143,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rincones Steve $132,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $143,500 0.0% $96 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $143,500 -- $96 / Sq Ft
Source: MichRIC

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 $2,720 $144,500 $0 $0
2024 $27 $129,600 $0 $0
2023 $2,760 $112,100 $0 $0
2022 $2,620 $112,100 $0 $0
2021 $2,562 $111,700 $0 $0
2020 $2,449 $104,200 $0 $0
2019 $2,477 $83,900 $0 $0
2018 $2,477 $71,200 $0 $0
2017 $2,452 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lloyd Reed, Jr.

    Home Run Real Estate

    (616) 889-7662

    45 Total Sales

    Lloyd Reed, Jr.
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Map

Source: MichRIC

MLS Number: 16043226

MichRIC

APN: 41-14-31-113-003

Michigan Kent County Grand Rapids 49503 Southeast Community Association

514 Sheldon Ave SE Unit 3, Grand Rapids, MI

Not Listed for Sale

Condos

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