NOT LISTED FOR SALE

5240 Kimball Ave SE Grand Rapids, MI 49508

Ridgebrook Neighborhood

Estimated Value: $301,000 - $334,306

3 Beds
1 Bath
1,148 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $105,000 $91 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $1,899/month

15 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating System
  • 1-Story Property
  • East Kentwood High School Rated A-

About This Home

As of December 2015

Check out this Beautiful Kentwood home Today!!! This home features 2 gas fireplaces 3 bed, and 2 bath. This home has plenty of space and a nice large yard. Email the listing agent for your showing. Please send us your feedback. Property is bank owned. Property to be sold as is, where is with no warranties or guarantees. Offers will not be reviewed until after the property has been listed for 8 days. Offers/contracts are not binding until the entire agreement is executed by all parties. If the selling agent (aka buyers agent) is purchaser of the property, the seller will not pay the selling agents (buyers) portion of the commission. Commission will be based on sales price after seller concessions.

Last Agent to Sell the Property

Christopher Conflitti

American Real Estate Services License #6502392764 Listed on: 10/26/2015

Last Buyer's Agent

Randy Reeds

Reeds Realty License #6504208277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80*136
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1148.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1550.0
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1148.0
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1148.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1148.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 105000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 80*136
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1550.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 14, 2015
Sold by
Us Bank National Association
Bought by
Dodds David W
Seller's Agent
Christopher Conflitti
American Real Estate Services
Buyer's Agent
Randy Reeds
Reeds Realty
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$318,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,827
Avg. Annual Appreciation
11.99%
Original Mortgage
$84,000
Outstanding Balance
$65,870
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$252,957

Purchase Details

Closed on
Jan 28, 2015
Sold by
Hemphill Benjamin J and Hemphill Heather R
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 13, 2004
Sold by
Ernst Terry R and Ernst Mary Ann
Bought by
Hemphill Benjamin J and Hemphill Heather R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,422
Interest Rate
5.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Dodds David W $105,000 None Available
U S Bank National Association $192,963 None Available
Hemphill Benjamin J $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodds David W $84,000
Previous Owner Hemphill Benjamin J $132,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $105,000 0.0% $91 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $105,000 -- $91 / 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 $2,500 $158,100 $0 $0
2024 $2,500 $113,100 $0 $0
2023 $2,662 $108,200 $0 $0
2022 $2,492 $95,300 $0 $0
2021 $2,442 $85,600 $0 $0
2020 $2,036 $81,100 $0 $0
2019 $2,398 $74,900 $0 $0
2018 $2,347 $68,500 $0 $0
2017 $2,286 $59,500 $0 $0
2016 $2,214 $57,000 $0 $0
2015 $2,873 $57,000 $0 $0
2013 -- $52,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Conflitti

    Seller's Agent in 2015

    Christopher Conflitti

    American Real Estate Services

    (616) 918-6430

    43 Total Sales

    Christopher Conflitti
    Section Image
  • Randy Reeds

    Buyer's Agent in 2015

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    1 in this area

    273 Total Sales

    Randy Reeds
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15047980

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-203-003

Michigan Kent County Grand Rapids 49508 Ridgebrook

5240 Kimball Ave SE, Grand Rapids, MI

This home is located at 5240 Kimball Ave SE, Grand Rapids, MI 49508 since 26 October 2015 and is currently estimated at $318,827, approximately $277 per square foot. This property was built in 1961. 5240 Kimball Ave SE is a home located in Kent County with nearby schools including Brookwood Elementary School, Valleywood Middle School, and East Kentwood High School.

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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