NOT LISTED FOR SALE

537 Lovett Ave SE Grand Rapids, MI 49506

Estimated Value: $375,745 - $608,000

3 Beds
1 Bath
1,144 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $230,000 $201 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,073/month

11 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Den
  • East Grand Rapids High School Rated A
  • Traditional Architecture
  • Living Room

About This Home

As of July 2018

Freshly remodeled move in ready home now available walking distance from Gaslight village and Reed's lake! The main level of this home offers new flooring and paint with an open living room to dining room and a kitchen featuring some newer appliances. The upper level offers 3 bedrooms and a full bath. The bathroom has been completely redone with a tile shower, new flooring and vanity. The home also includes a new furnace and air conditioner. Don't wait to schedule your showing on this move in ready East Grand Rapids home. Call today!

Last Agent to Sell the Property

Jacob Peterson

RE/MAX of Grand Rapids (Stndl) Listed on: 06/07/2018

Co-Listed By

Gerald Feenstra

RE/MAX of Grand Rapids (Stndl)

Last Buyer's Agent

Jacob Peterson

RE/MAX Of Grand Rapids License #368806

RE/MAX Of Grand Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1922

Lot Details

  • 2,920 Sq Ft Lot
  • Lot Dimensions are 40x73
  • Property is zoned Res-1, Res-1

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1922
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x73
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1144.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2331.0
  • Tax Info:Zoning3: Res-1
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1144.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Michigan Basement
  • LivingArea: 1144.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 572.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 239900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 40x73
  • Lot Size Sq Ft: 2920.0
  • Zoning Description: Res-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2331.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 18, 2018
Sold by
Harrison Taylor A and Remes Joseph V
Bought by
Smith Diane Claire and Smith Michael
Seller's Agent
Jacob Peterson
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Jacob Peterson
RE/MAX Of Grand Rapids
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$473,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,186
Avg. Annual Appreciation
10.42%
Original Mortgage
$172,500
Outstanding Balance
$149,497
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$323,689

Purchase Details

Listed on
Dec 11, 2016
Closed on
Mar 16, 2017
Sold by
Vandelaan Emily and Mack Emily
Bought by
Remes Joseph V and Harrison Taylor A
Seller's Agent
Michael Schwenneker
RE/MAX SunQuest Realty
Buyer's Agent
Michael Schwenneker
RE/MAX SunQuest Realty
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$190,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Carlson Steven E
Bought by
Mack Emily and Mack Emily

Purchase Details

Closed on
Aug 29, 1994
Bought by
Carlson Steven E and Mack Emily

Purchase Details

Closed on
Apr 18, 1991
Bought by
Carlson Steven E and Mack Emily
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
Smith Diane Claire $230,000 Chicago Title Of Mi Inc
Remes Joseph V $200,000 Chicago Title Of Michigan In
Mack Emily $86,000 --
Carlson Steven E $69,900 --
Carlson Steven E $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Diane Claire $172,500
Previous Owner Remes Joseph V $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $230,000 -8.0% $201 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $249,900 +25.0% $218 / Sq Ft
03/16/2017 03/16/17 Sold $200,000 -13.0% $175 / Sq Ft View Prior Sale
02/11/2017 02/11/17 Pending -- -- --
12/11/2016 12/11/16 For Sale $229,900 -- $201 / Sq Ft
Source: MichRIC

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 $7,091 $149,900 $0 $0
2024 $7,091 $134,300 $0 $0
2023 $6,760 $124,000 $0 $0
2022 $6,772 $112,800 $0 $0
2021 $6,588 $108,500 $0 $0
2020 $6,230 $104,600 $0 $0
2019 $4,272 $96,400 $0 $0
2018 $4,272 $86,600 $0 $0
2017 $2,332 $76,500 $0 $0
2016 $3,400 $71,400 $0 $0
2015 -- $71,400 $0 $0
2013 -- $62,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18015509

MichRIC

APN: 41-14-33-207-012