517 Spencer St NE Grand Rapids, MI 49505
Creston Neighborhood
2
Beds
2
Baths
1,440
Sq Ft
4,443
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Eat-In Kitchen
- Traditional Architecture
- 1 Car Detached Garage
- Window Unit Cooling System
About This Home
As of September 2024Welcome Home to your beautiful 2 Bedroom, 2 Bathroom gem, located just north of Downtown Grand Rapids. This appealing home welcomes you with a large covered front porch, and features a detached 1-car garage. Inside, you'll find two levels, each with a 1 Bedroom, 1 Bathroom floor plan. Each features its own eat-in kitchen, large living room, and spacious bedroom. Also equipped with two furnaces and water heaters, this home offers a great investment opportunity to live in one unit and rent the other. The main level has laundry room access via the basement, while the upper level features it's own laundry room and private balcony. This rare piece of Grand Rapids offers a great opportunity for a single-family residence, or multi-family investment opportunity.
Last Agent to Sell the Property
Gregory Emmorey
Redfin Corporation License #6501226080 Listed on: 08/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,182
Year Built
- Built in 1920
Lot Details
- 4,443 Sq Ft Lot
- Lot Dimensions are 51x86x51x86
- Level Lot
- Back Yard Fenced
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,440 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Wood Flooring
- Attic Fan
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
- Laundry in Basement
Outdoor Features
- Deck
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Natural Gas Water Heater
Community Details
- Steinmann Assrs Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2024
Closed on
Sep 19, 2024
Sold by
Scott D Busse Trust and Busse Scott D
Bought by
Rumley Lillian
Seller's Agent
Gregory Emmorey
Redfin Corporation
Buyer's Agent
Joshua Heyboer
Keller Williams GR East
List Price
$275,000
Sold Price
$259,000
Premium/Discount to List
-$16,000
-5.82%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,150
Avg. Annual Appreciation
0.41%
Original Mortgage
$246,050
Outstanding Balance
$244,233
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$15,691
Purchase Details
Closed on
Oct 28, 2021
Sold by
Busse Scott D
Bought by
Scott D Busse Trust
Purchase Details
Closed on
Apr 8, 1994
Sold by
Busse Busse R R and Busse S
Bought by
Busse Scott D
Purchase Details
Closed on
May 1, 1990
Sold by
Busse Busse R R and Busse S
Bought by
Busse Scott D
Similar Homes in Grand Rapids, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $259,000 | Sun Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $30,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $246,050 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $259,000 | -5.8% | -- |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/02/2024 08/02/24 | For Sale | $275,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
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 | $2,196 | $103,900 | $0 | $0 |
| 2024 | $2,196 | $93,500 | $0 | $0 |
| 2023 | $2,099 | $67,300 | $0 | $0 |
| 2022 | $2,071 | $62,200 | $0 | $0 |
| 2021 | $2,017 | $58,300 | $0 | $0 |
| 2020 | $1,950 | $50,500 | $0 | $0 |
| 2019 | $1,996 | $47,700 | $0 | $0 |
| 2018 | $1,935 | $46,300 | $0 | $0 |
| 2017 | $1,888 | $43,400 | $0 | $0 |
| 2016 | $1,897 | $38,100 | $0 | $0 |
| 2015 | $1,808 | $38,100 | $0 | $0 |
| 2013 | -- | $36,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2024
Gregory Emmorey
Redfin Corporation
-
Buyer's Agent in 2024
Joshua Heyboer
Keller Williams GR East
(616) 446-4067
1 in this area
138 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24039997
APN: 41-14-18-407-013
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