NOT LISTED FOR SALE

531 Ethel Ave SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $346,404 - $487,000

5 Beds
1.5 Baths
2,029 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $265,000 $131 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,409/month

18 Days on Market

Highlights

  • Craftsman Architecture
  • Screened Porch
  • Eat-In Kitchen
  • Corner Lot: Yes
  • 1 Car Detached Garage
  • Patio

About This Home

As of September 2022

This 5 bedroom, 1.5 bath home is located in the heart of Eastown, with many amenities within walking distance. Recent updates include fresh paint and all new flooring throughout. The main floor features an inviting living room, half bath, and spacious kitchen, which is open to the dining room. Upstairs, you will find 4 bedrooms, generous in size, with abundant natural light and storage, as well as the full bath. As an added bonus, the finished third floor offers the 5th bedroom, or flex space with many uses. Enjoy summer from the enclosed front porch, or patio in the backyard. Off street parking and 1 car garage. Either call this home your own, or continue to use as an investment property, with a steady rental history. See this spectacular home soon!

Last Agent to Sell the Property

Jeffrey Marion

Keller Williams GR East Listed on: 08/18/2022

Last Buyer's Agent

Alexandra Henderson

Patriot Realty License #6501440698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1911

Lot Details

  • 353 Sq Ft Lot
  • Lot Dimensions are 40 x 88
  • Corner Lot: Yes

Parking

  • 1 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,029 Sq Ft Home
  • 3-Story Property
  • Screened Porch
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,908

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Craftsman
  • Stories: 3
  • Year Built: 1911
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 88
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2029.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5907.82
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • 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
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 2029.0
  • General Property Info Garage YN: Yes
  • Architectural Style Craftsman: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 2029.0
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Total Basement SQFT: 565.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Stucco
  • Exterior Features: Scrn Porch
  • List Price: 265000.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes
  • Exterior Material:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Dimensions: 40 x 88
  • Lot Size Sq Ft: 353.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5907.82
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 30, 2022
Sold by
Fire Up Investments Llc
Bought by
Krause Ashley and Portman Jacob
Seller's Agent
Jeffrey Marion
Keller Williams GR East
Buyer's Agent
Alexandra Henderson
Patriot Realty
List Price
$265,000
Sold Price
$265,000
Views
5
Current Estimated Value
$382,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,851
Avg. Annual Appreciation
13.23%
Original Mortgage
$251,750
Outstanding Balance
$240,969
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$142,792

Purchase Details

Closed on
Oct 16, 2020
Sold by
Pohl Travis and Pohl Elizabeth
Bought by
Fire Up Investments Llc

Purchase Details

Closed on
Mar 5, 2018
Sold by
Pohl Travis and Pohl Elizabeth
Bought by
Fire Up Investments Llc

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 7, 2017
Sold by
Kassouni Van M
Bought by
Balice Anthony J and Hill Dustin
Seller's Agent
Ashleigh VanDuinen-Leistra
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Jeff Marion
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$140,165
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2013
Closed on
Apr 29, 2013
Sold by
Fix James and Fix Joelle
Bought by
Kassouni Holdings Llc
Seller's Agent
Jamie Starner
Starner Realty
Buyer's Agent
Jamie Starner
Starner Realty
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
Sep 14, 2006
Sold by
Bryant Ventures Llc
Bought by
Fix James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bryant Lael N and Bryant Amy L
Bought by
Bryant Ventures Llc

Purchase Details

Closed on
May 14, 2004
Sold by
Lubbers David and Miele Elizabeth
Bought by
Bryant Lael N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 2003
Sold by
Credit Based Asset Servicing & Securitiz
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Nov 27, 2002
Sold by
Jernigan Priscilla L
Bought by
Credit Based Asset Servicing & Securitiz

Purchase Details

Closed on
Apr 14, 2000
Sold by
Jrngn Est and Jrngn Jernigan P
Bought by
Jernigan P and Kassouni Holdings Llc

Purchase Details

Closed on
Sep 8, 1989
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
Krause Ashley $265,000 --
Fire Up Investments Llc -- None Available
Fire Up Investments Llc -- None Available
Balice Anthony J $164,900 None Available
Kassouni Holdings Llc $95,000 None Available
Fix James $125,000 None Available
Bryant Ventures Llc -- --
Bryant Lael N $121,500 Chicago Title
Pledged Property Ii Llc -- --
Credit Based Asset Servicing & Securitiz $64,206 --
Jernigan P $80,000 --
-- $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Ashley $251,750
Previous Owner Hill Dustin $166,500
Previous Owner Balice Anthony J $140,165
Previous Owner Fix James $125,000
Previous Owner Fry Brett E $96,000
Previous Owner Bryant Lael N $109,350
Previous Owner Lubbers David $80,500
Previous Owner Lubbers David $49,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $265,000 0.0% $131 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $265,000 +60.7% $131 / Sq Ft
12/07/2017 12/07/17 Sold $164,900 0.0% $96 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $164,900 +73.6% $96 / Sq Ft
04/29/2013 04/29/13 Sold $95,000 -4.9% $53 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $99,900 -- $56 / 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 $4,641 $162,800 $0 $0
2024 $4,641 $151,500 $0 $0
2023 $4,672 $139,400 $0 $0
2022 $5,914 $119,400 $0 $0
2021 $5,762 $110,400 $0 $0
2020 $4,243 $103,100 $0 $0
2019 $4,344 $90,000 $0 $0
2018 $4,211 $79,500 $0 $0
2017 $3,239 $68,800 $0 $0
2016 $3,254 $63,000 $0 $0
2015 $3,101 $63,000 $0 $0
2013 -- $55,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeffrey Marion

    Keller Williams GR East

  • A

    Buyer's Agent in 2022

    Alexandra Henderson

    Patriot Realty

    Section Image

  • A

    Seller's Agent in 2017

    Ashleigh VanDuinen-Leistra

    RE/MAX Michigan

  • Jeff Marion

    Buyer's Agent in 2017

    Jeff Marion

    Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

    (616) 340-4581

    1 in this area

    104 Total Sales

    Jeff Marion
    Section Image

  • J

    Seller's Agent in 2013

    Jamie Starner

    Starner Realty

    (616) 813-7090

    1 in this area

    59 Total Sales

    Jamie Starner
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22035622

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-232-018

Michigan Kent County Grand Rapids 49506 Eastown

531 Ethel Ave SE, Grand Rapids, MI

This home is located at 531 Ethel Ave SE, Grand Rapids, MI 49506 since 18 August 2022 and is currently estimated at $382,851, approximately $188 per square foot. This property was built in 1911. 531 Ethel Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills 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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