542 Fairview Ave NE Unit 3 Grand Rapids, MI 49503
Belknap Lookout NeighborhoodEstimated Value: $371,000 - $418,000
2
Beds
2
Baths
1,114
Sq Ft
$280/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Skylights
- Traditional Architecture
- 1 Car Detached Garage
- 5-minute walk to Coit Park
About This Home
As of June 2023Fabulous Brownstone condo that comes with a private balcony overlooking beautiful downtown GR. This 2 bedroom/2 full bath condo features fabulous finishes that give an elegant touch. Hardwood floors, soaring ceilings, granite countertops, Jenn-Air premier appliances, tiled master shower, jacuzzi tub, and custom built-ins. There is also a bonus kitchen pantry and stackable laundry. The single stall private garage includes additional attic storage. The Belknap Lookout neighborhood borders all Grand Rapids has to offer: hospitals, the life sciences corridor, VanAndel Institute and many University's. A flight of stairs connects the hilltop w/downtown making it a rare urban place to access all downtown GR has to offer all within 3 min from home.
Last Listed By
Coldwell Banker Schmidt Realtors License #6501415139 Listed on: 04/04/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,406
Year Built
- Built in 2015
Lot Details
- Shrub
HOA Fees
- $280 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,114 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Family Room with Fireplace
- Living Room
- Basement
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, lawn/yard care
- Association Phone (616) 901-0563
- Belknap Brownstones Condos
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2021
Closed on
Apr 16, 2021
Sold by
Lauroff Pamela S
Bought by
Olsen William
Seller's Agent
Melissa Mitchell
Green Square Properties LLC
Buyer's Agent
Jason Cripe
Coldwell Banker Schmidt Realtors
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,757
Avg. Annual Appreciation
2.46%
Original Mortgage
$338,751
Outstanding Balance
$309,368
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$71,927
Purchase Details
Listed on
Jun 6, 2013
Closed on
Dec 23, 2015
Sold by
Artesian Group Llc
Bought by
Lauroff Pamela S
Seller's Agent
Jon Jackson
Jackson, Jon
Buyer's Agent
Melissa Mitchell
Green Square Properties LLC
List Price
$224,900
Sold Price
$267,311
Premium/Discount to List
$42,411
18.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$213,848
Interest Rate
3.96%
Mortgage Type
New Conventional
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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
Similar Homes in Grand Rapids, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olsen William | $345,000 | Clearstream Title | |
| Lauroff Pamela S | $267,311 | Grand Rapids Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olsen William | $338,751 | |
| Previous Owner | Lauroff Pamela S | $213,848 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $385,000 | -2.5% | $346 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 04/04/2023 04/04/23 | For Sale | $395,000 | +14.5% | $355 / Sq Ft |
| 04/16/2021 04/16/21 | Sold | $345,000 | -1.4% | $310 / Sq Ft |
| 03/14/2021 03/14/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | For Sale | $350,000 | +30.9% | $314 / Sq Ft |
| 12/23/2015 12/23/15 | Sold | $267,311 | +18.9% | $239 / Sq Ft |
| 01/12/2015 01/12/15 | Pending | -- | -- | -- |
| 06/06/2013 06/06/13 | For Sale | $224,900 | -- | $201 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,165 | $162,900 | $0 | $0 |
| 2023 | $5,444 | $160,100 | $0 | $0 |
| 2022 | $5,745 | $170,600 | $0 | $0 |
| 2021 | $3,443 | $150,400 | $0 | $0 |
| 2020 | $3,291 | $142,700 | $0 | $0 |
| 2019 | $3,329 | $133,000 | $0 | $0 |
| 2018 | $3,329 | $121,800 | $0 | $0 |
| 2017 | $3,240 | $93,400 | $0 | $0 |
| 2016 | $3,298 | $5,000 | $0 | $0 |
| 2015 | $256 | $5,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Cripe
J
Seller's Agent in 2023
Jason Cripe
Coldwell Banker Schmidt Realtors
(616) 318-4269
2 in this area
89 Total Sales
-
Mitch Cripe
Seller Co-Listing Agent in 2023
Mitch Cripe
Coldwell Banker Schmidt Realtors
(616) 292-2637
1 in this area
240 Total Sales
-
Judith Morgan
Buyer's Agent in 2023
Judith Morgan
Coldwell Banker Schmidt Realtors
(616) 813-2372
1 in this area
72 Total Sales
-
Melissa Mitchell
Seller's Agent in 2021
Melissa Mitchell
Green Square Properties LLC
(616) 308-6304
1 in this area
113 Total Sales
-
J
Seller's Agent in 2015
Jon Jackson
Jackson, Jon
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23009734
APN: 41-14-19-364-008
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