NOT LISTED FOR SALE

5404 Rivertown Cir SW Unit 38 Wyoming, MI 49418

South Grandville Neighborhood

Estimated Value: $298,000 - $302,566

3 Beds
2.5 Baths
2,215 Sq Ft
$130/mo HOA Fee

Last Sold February 02, 2015

Last sale price $126,000 $57 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,989/month

71 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Grandville Middle School Rated A-
  • 1 Car Attached Garage
  • Private Entrance

About This Home

As of February 2015

Nice 3 bedroom 2 1/2 bath condo located in Grandville School district close to everything! Unit has daylight window and finished lower level, 2215 square feet finished, central air, all appliances to remain, 1 stall attached garage. Unit overlooks school property.

Last Agent to Sell the Property

Bruce Capel

Five Star Real Estate (Grandv) License #6501188689 Listed on: 10/08/2014

Five Star Real Estate (Grandv)

Last Buyer's Agent

Bruce Capel

Greenridge Realty (West)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2002

Lot Details

  • 18.51

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Natural lighting in basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Deck
  • Private Entrance

Community Details

Overview

  • $260 HOA Transfer Fee
  • Rivertown Place Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Year Built

Built in 2002

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2215.0
  • Tax Info:Annual Property Tax: 3000.0
  • Tax Info:Zoning3: residential
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: Rivertown Place
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 1620.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Interior Amenities: Garage Door Opener
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 2215.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 595.0
  • Basement Rooms:Total Basement SQFT: 595.0
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Below Grade Sq Ft: 595.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 128900.0
  • Patio and Porch Features: Deck
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 130.0
  • Association Info:Assoc Buy in Fee: 260
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Jim O'Malley

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
William Raed and Khooshaba Raed
Bought by
William Raed and Savaya Mina
Current Estimated Value
$300,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Outstanding Balance
$85,783
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$214,359

Purchase Details

Listed on
Oct 8, 2014
Closed on
Jan 30, 2015
Sold by
Development & Prosperity Llc
Bought by
Khooshaba Raed
Seller's Agent
Bruce Capel
Five Star Real Estate (Grandv)
Buyer's Agent
Bruce Capel
Five Star Real Estate (Grandv)
List Price
$131,900
Sold Price
$126,000
Premium/Discount to List
-$5,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$100,800
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 8, 2014
Closed on
Jan 12, 2015
Sold by
Townhouse 56 Llc
Bought by
Development & Prosperity Llc
Seller's Agent
Bruce Capel
Five Star Real Estate (Grandv)
Buyer's Agent
Bruce Capel
Five Star Real Estate (Grandv)
List Price
$131,900
Sold Price
$126,000
Premium/Discount to List
-$5,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2012
Sold by
Townhouse 56 Llc
Bought by
Development & Prosperity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 25, 2011
Sold by
Ada Place Townhomes Llc
Bought by
Townhouse 56 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 8, 2005
Sold by
Townhouse 24 Llc
Bought by
Ada Place Townhomes Llc
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
William Raed -- None Available
Khooshaba Raed $126,000 None Available
Development & Prosperity Llc -- None Available
Development & Prosperity Llc $530,000 Independent Title Svcs Inc
Townhouse 56 Llc $2,900,000 None Available
Ada Place Townhomes Llc $8,612,894 Independent Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Raed $94,500
Closed Khooshaba Raed $100,800
Previous Owner Development & Prosperity Llc $530,000
Previous Owner Townhouse 56 Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2015 02/02/15 Sold $126,000 -4.5% $57 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $131,900 -- $60 / 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 $3,266 $131,900 $0 $0
2024 $3,266 $117,200 $0 $0
2023 $3,375 $102,500 $0 $0
2022 $3,109 $95,900 $0 $0
2021 $3,037 $89,200 $0 $0
2020 $2,773 $84,900 $0 $0
2019 $2,835 $80,100 $0 $0
2018 $2,784 $74,200 $0 $0
2017 $2,712 $68,300 $0 $0
2016 $2,614 $71,000 $0 $0
2015 $2,499 $71,000 $0 $0
2013 -- $64,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bruce Capel

    Five Star Real Estate (Grandv)

    (616) 257-1500

    20 Total Sales

    Bruce Capel
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14056817

Southwestern Michigan Association of REALTORS®

APN: 41-17-31-280-038

Michigan Kent County Wyoming 49418 South Grandville

5404 Rivertown Cir SW Unit 38, Wyoming, MI

This home is located at 5404 Rivertown Cir SW Unit 38, Wyoming, MI 49418 since 08 October 2014 and is currently estimated at $300,142, approximately $135 per square foot. This property was built in 2002. 5404 Rivertown Cir SW Unit 38 is a home located in Kent County with nearby schools including Grandville Middle School, Tri-Unity Christian Elementary School, and Grandville Calvin Christian Elementary 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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