NOT LISTED FOR SALE

540 Prospect Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $414,682 - $558,000

4 Beds
3 Baths
1,870 Sq Ft
$253/Sq Ft Est. Value

About This Home

This home is located at 540 Prospect Ave SE, Grand Rapids, MI 49503 and is currently estimated at $473,671, approximately $253 per square foot. 540 Prospect 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Albertini Peter J
Bought by
Peter J And Christine C Albertini Trust and Albertini
Current Estimated Value
$473,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$126,626
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$347,045

Purchase Details

Closed on
May 26, 2010
Sold by
Konyndyk Peter D and Musso Mary Frances
Bought by
Albertini Peter J

Purchase Details

Closed on
Apr 28, 2004
Sold by
Smith Armentha
Bought by
Konyndyk Peter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Smith Leonard
Bought by
Smith Armentha

Purchase Details

Closed on
Oct 18, 1983
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Peter J And Christine C Albertini Trust -- None Listed On Document
Albertini Peter J $154,500 None Available
Konyndyk Peter D $145,000 Metropolitan Title Company
Smith Armentha -- --
-- $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albertini Peter J $150,000
Closed Peter J And Christine C Albertini Trust $0
Previous Owner Konyndyk Peter D $140,650
Previous Owner Smith Arementha $7,500
Previous Owner Smith Arementha $7,500
Source: Public Records

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 $3,429 $198,200 $0 $0
2024 $3,429 $173,800 $0 $0
2023 $3,285 $152,000 $0 $0
2022 $3,303 $133,000 $0 $0
2021 $3,230 $130,400 $0 $0
2020 $3,088 $122,900 $0 $0
2019 $3,234 $112,700 $0 $0
2018 $2,939 $102,600 $0 $0
2017 $2,861 $93,900 $0 $0
2016 $2,896 $87,100 $0 $0
2015 $2,693 $87,100 $0 $0
2013 -- $79,200 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Heritage Hill

540 Prospect Ave SE, Grand Rapids, MI

This home is located at 540 Prospect Ave SE, Grand Rapids, MI 49503 and is currently estimated at $473,671, approximately $253 per square foot. 540 Prospect 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.

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