NOT LISTED FOR SALE

521 Ivy Grove North NW Grand Rapids, MI 49534

Estimated Value: $428,000 - $550,000

0.37 Acre
$1,326,927 Price per Acre
16,117 Sq Ft Lot

Last Sold June 10, 2020

Last sale price $55,000

Est. 793% increase in value since last sale

Current estimated payment $3,136/month

11 Days on Market

About This Lot

As of June 2020

Bring your own Builder! One of the last remaining lots in Phase 1. A beautiful walkout lot with association green space beyond offering privacy and great views! Within minutes to downtown Grand Rapids and shopping, schools and more are right around the corner. Drive by today!

Last Agent to Sell the Property

Danielle Landis

Best Homes of Michigan LLC License #6502427305 Listed on: 02/11/2020

Last Buyer's Agent

Norm Buffum

Bellabay Realty LLC License #6501325678

Bellabay Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $800

Year Built

  • 2020

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 90x147x115x156
  • Corner Lot: Yes

HOA Fees

  • $33 Monthly HOA Fees

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$800

Year Built

2020

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • List Price: 62900.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: None Connected, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 400.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Dimensions: 90x147x115x156
  • Lot Size Sq Ft: 16117.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 800.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Buffum Homes Llc
Bought by
Devos Cassidy and Hollenbeck Nathan
Total Days on Market
11
Current Estimated Value
$490,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,825
Outstanding Balance
$280,096
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$206,228

Purchase Details

Listed on
Feb 11, 2020
Closed on
Jun 10, 2020
Sold by
Melendez Francisco
Bought by
Buffum Homes Llc
Seller's Agent
Danielle Landis
Best Homes of Michigan LLC
Buyer's Agent
Norm Buffum
Bellabay Realty LLC
List Price
$62,900
Sold Price
$55,000
Premium/Discount to List
-$7,900
-12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.77%

Purchase Details

Listed on
Feb 11, 2020
Closed on
May 8, 2020
Sold by
Rivera Nereida Melendez
Bought by
Melendez Francisco
Seller's Agent
Danielle Landis
Best Homes of Michigan LLC
Buyer's Agent
Norm Buffum
Bellabay Realty LLC
List Price
$62,900
Sold Price
$55,000
Premium/Discount to List
-$7,900
-12.56%

Purchase Details

Closed on
Apr 6, 2018
Sold by
Melendez Francisco
Bought by
Melendez Francisco

Purchase Details

Closed on
Feb 26, 2016
Sold by
Smallegan Builders Llc
Bought by
Melendez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2015
Sold by
Sessions Pointe Llc
Bought by
Smallegan Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Devos Cassidy $57,800 Chicago Title Of Mi Inc
Buffum Homes Llc $55,000 Chicago Title Of Michigan In
Melendez Francisco -- Chicago Title Of Michigan In
Melendez Francisco -- None Availablei
Melendez Francisco $45,000 Attorney
Smallegan Builders Llc $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devos Cassidy $308,825
Previous Owner Melendez Francisco $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $55,000 -12.6% --
02/22/2020 02/22/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $62,900 -- --
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
2024 $4,169 $181,400 $0 $0
2023 $3,980 $168,000 $0 $0
2022 $4,532 $161,700 $0 $0
2021 $3,088 $108,900 $0 $0
2020 $875 $32,500 $0 $0
2019 $824 $24,000 $0 $0
2018 $812 $20,000 $20,000 $0
2017 $790 $18,000 $0 $0
2016 $813 $19,000 $0 $0
2015 -- $17,500 $0 $0
2014 -- $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20005067

Southwestern Michigan Association of REALTORS®

APN: 70-10-24-350-092