NOT LISTED FOR SALE

532 Lafayette Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $410,223 - $583,000

4 Beds
3 Baths
-- Sq Ft
6,875 Sq Ft Lot

Last Sold November 02, 2012

Last sale price $171,429

Est. 189% increase in value since last sale

Current estimated payment $3,022/month

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-minute walk to Mooney Park

About This Home

As of November 2012

SOLD BEFORE BROADCAST WITH 6 ADJOINING PROPERTIES

Last Agent to Sell the Property

Erin Fester

Keller Williams GR East Listed on: 11/05/2012

Co-Listed By

Jodi Smith

EXP Realty (Grand Rapids) License #6506046020

Last Buyer's Agent

Erin Fester

GR Home Team License #6502432694

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 1870

Lot Details

  • 6,875

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,875 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,130

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 211429.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6875.0
  • Zoning Description: RES

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Trash Collection, Gas

Tax Info

  • Tax Annual Amount: 2130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2008
Sold by
Baynton Thomas B
Bought by
Baynton Thomas B and Baynton Penny Susan
Current Estimated Value
$495,056

Purchase Details

Closed on
Mar 1, 2004
Sold by
Contreras Guadalupe and Contreras Bette
Bought by
Baynton Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1986

Purchase Details

Closed on
Dec 21, 1983

Purchase Details

Closed on
Dec 1, 1980
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
Baynton Thomas B -- None Available
Baynton Thomas B $151,000 Lighthouse Title Inc
-- $51,000 --
-- $46,300 --
-- $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baynton Thomas B $91,000
Previous Owner Contreras Guadalupe $93,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2012 11/05/12 For Sale $325,000 +89.6% --
11/02/2012 11/02/12 Sold $171,429 -- --
11/01/2012 11/01/12 Pending -- -- --
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 $3,166 $199,000 $0 $0
2024 $3,166 $174,800 $0 $0
2023 $3,213 $153,000 $0 $0
2022 $3,050 $133,900 $0 $0
2021 $2,982 $131,300 $0 $0
2020 $2,851 $126,100 $0 $0
2019 $2,986 $103,500 $0 $0
2018 $2,883 $100,800 $0 $0
2017 $2,807 $92,200 $0 $0
2016 $2,841 $85,500 $0 $0
2015 $2,642 $85,500 $0 $0
2013 -- $77,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Erin Fester

    Keller Williams GR East

  • Jodi Smith

    Seller Co-Listing Agent in 2012

    Jodi Smith

    EXP Realty (Grand Rapids)

    (616) 437-2717

    102 Total Sales

    Jodi Smith
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12058088

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-134-007

Michigan Kent County Grand Rapids 49503 Heritage Hill

532 Lafayette Ave SE, Grand Rapids, MI

This home is located at 532 Lafayette Ave SE, Grand Rapids, MI 49503 since 05 November 2012 and is currently estimated at $495,056. This property was built in 1870. 532 Lafayette Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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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