NOT LISTED FOR SALE

540 Lydia St NE Grand Rapids, MI 49503

Estimated Value: $225,000 - $268,000

3 Beds
2 Baths
1,325 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $145,000 $109 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,572/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Bungalow

About This Home

As of November 2020

Great 3 bedroom, 2 Bath home. Home has been updated and is move in ready!
Any offers received will not be reviewed prior to Mon 8/3 at noon.

Last Agent to Sell the Property

Jason Van Assen

Weichert REALTORS Plat (Main) License #6502318639 Listed on: 07/30/2020

Weichert REALTORS Plat (Main)

Last Buyer's Agent

Daniel Peña

Homes 28 License #6501360510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1910

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1910
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1325.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2966.85
  • Tax Info:Zoning3: res
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1325.0
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1325.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Other
  • List Price: 134900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 50x115
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2966.85
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 20, 2020
Sold by
Baker David
Bought by
Govea Alex S
Seller's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
Buyer's Agent
Daniel Peña
Homes 28
List Price
$134,900
Sold Price
$145,000
Premium/Discount to List
$10,100
7.49%
Current Estimated Value
$252,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,256
Avg. Annual Appreciation
12.45%
Original Mortgage
$7,500
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2020
Closed on
May 26, 2020
Sold by
Gocha Lisa E
Bought by
Baker David
Seller's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
Buyer's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.46%

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 29, 2016
Sold by
Schaap Enterprise Llc
Bought by
Newman Kyleigh
Seller's Agent
Michael Smallegan
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Veronica Robinson
Keller Williams GR North (Main)
List Price
$79,900
Sold Price
$84,600
Premium/Discount to List
$4,700
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$83,067
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2013
Closed on
Feb 26, 2014
Sold by
Redder Marshall and Naiwm Property Management Llc
Bought by
Schaap Enterprise Llc
Seller's Agent
Steven Volkers
SVG Real Estate Firm - I
Buyer's Agent
Michael Smallegan
SVG Real Estate Firm - I
List Price
$34,900
Sold Price
$28,500
Premium/Discount to List
-$6,400
-18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.77%

Purchase Details

Closed on
Apr 11, 2011
Sold by
Redder Marshall and Redder Meridith
Bought by
Redder Marshall

Purchase Details

Closed on
Jun 22, 2010
Sold by
Klamt John and Klamt Jan
Bought by
Redder Marshall

Purchase Details

Closed on
Feb 24, 2010
Sold by
G8 Capital Fundv Llc
Bought by
Klampt John

Purchase Details

Closed on
Jun 19, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
G8 Capital Fund V Llc

Purchase Details

Closed on
Jan 16, 2008
Sold by
Rama Crystal and Rama Thomas
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass

Purchase Details

Closed on
May 18, 2005
Sold by
Newman Kyleigh
Bought by
Montero Grace Travis and Montero Grace Marissa

Purchase Details

Closed on
Jun 19, 1998
Sold by
Nwvll Nwvll G G and Nwvll L
Bought by
Schaap Enterprise Llc

Purchase Details

Closed on
Sep 1, 1995
Sold by
Wttn Wttn D D and Wttn Rama T
Bought by
Schaap Enterprise Llc

Purchase Details

Closed on
Jan 23, 1992
Sold by
Sawyer Sawyer D D and Sawyer C
Bought by
Schaap Enterprise Llc

Purchase Details

Closed on
May 1, 1991
Sold by
Wooten Wooten D D and Wooten Newville G
Bought by
Schaap Enterprise Llc

Purchase Details

Closed on
Aug 16, 1988
Sold by
Sawyer Sawyer C C and Sawyer Wootten D
Bought by
Schaap Enterprise Llc

Purchase Details

Closed on
Feb 22, 1985
Sold by
Alexis Alexis I I and Alexis V
Bought by
Schaap Enterprise Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Govea Alex S $145,000 Chicago Title Of Mi Inc
Baker David $100,000 None Listed On Document
Baker David $10,000 None Available
Newman Kyleigh $84,600 Title Resource Agency
Schaap Enterprise Llc $28,500 None Available
Redder Marshall -- None Available
Redder Marshall -- None Available
Klampt John $9,000 Town & Country Title Agency
Redder Marshall -- Town & Country Title Agency
G8 Capital Fund V Llc -- None Available
Deutsche Bank National Trust Co $75,566 None Available
Montero Grace Travis $132,354 None Available
Schaap Enterprise Llc -- --
Schaap Enterprise Llc $27,700 --
Schaap Enterprise Llc -- --
Schaap Enterprise Llc $35,500 --
Schaap Enterprise Llc $28,500 --
Schaap Enterprise Llc $22,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govea Alex S $9,258
Closed Govea Alex S $4,758
Closed Govea Alex S $7,500
Open Govea Alex S $142,373
Previous Owner Grace Travis $128,383
Previous Owner Grace Travis $6,300
Previous Owner Newman Kyleigh $83,067
Previous Owner Rama Thomas $72,000
Previous Owner Rama Thomas $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $145,000 +7.5% $109 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $134,900 +34.9% $102 / Sq Ft
05/26/2020 05/26/20 Sold $100,000 0.0% $75 / Sq Ft
01/16/2020 01/16/20 For Sale $100,000 -24.4% $75 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
05/18/2018 05/18/18 Sold $132,354 +6.7% $100 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $124,000 +46.6% $94 / Sq Ft
07/29/2016 07/29/16 Sold $84,600 +5.9% $64 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $79,900 +180.4% $60 / Sq Ft
02/26/2014 02/26/14 Sold $28,500 -18.3% $22 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
09/26/2013 09/26/13 For Sale $34,900 -- $26 / 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 $2,297 $112,900 $0 $0
2024 $2,297 $100,300 $0 $0
2023 $2,200 $88,500 $0 $0
2022 $2,212 $79,700 $0 $0
2021 $2,256 $63,600 $0 $0
2020 $2,856 $62,600 $0 $0
2019 $1,928 $54,800 $0 $0
2018 $1,339 $48,300 $0 $0
2017 $1,286 $34,100 $0 $0
2016 $1,695 $31,600 $0 $0
2015 $1,674 $31,600 $0 $0
2013 -- $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Van Assen

    Seller's Agent in 2020

    Jason Van Assen

    Weichert REALTORS Plat (Main)

    (616) 301-2550

    164 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Daniel Peña

    Homes 28

    (616) 245-7001

    37 Total Sales

    Section Image

  • L

    Seller's Agent in 2018

    Lucas Howard

    Keller Williams GR North (Main)

  • K

    Seller Co-Listing Agent in 2018

    Kindell Rerucha

    Keller Williams GR North (Main)

  • Wendy Katerberg

    Buyer's Agent in 2018

    Wendy Katerberg

    RE/MAX

    (616) 581-4488

    63 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Michael Smallegan

    Berkshire Hathaway HomeServices Michigan Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20030272

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-404-012

Michigan Kent County Grand Rapids 49503

540 Lydia St NE, Grand Rapids, MI

This home is located at 540 Lydia St NE, Grand Rapids, MI 49503 since 30 July 2020 and is currently estimated at $252,256, approximately $190 per square foot. This property was built in 1910. 540 Lydia St NE is a home located in Kent County with nearby schools including Coit Creative Arts Academy, Riverside Middle School, and Union 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes