542 Fairview Ave NE Unit 3 Grand Rapids, MI 49503
Belknap Lookout Neighborhood
2
Beds
2
Baths
1,114
Sq Ft
$280/mo
HOA Fee
Highlights
- Wood Flooring
- Central Air
- Heating Available
- Skylights
- Ceiling Fan
- 5-minute walk to Coit Park
About This Home
As of June 2023First time on the market and only one of a few Brownstone condos that come with a private balcony overlooking downtown GR. This 2 bed/2 full bath condo comes with many elegant finishes from soaring ceilings to hardwood floors, granite countertops, premier Jenn-Air appliances, fully tiled master shower, deep jacuzzi tub, custom built-ins and a bonus kitchen pantry. The single stall private garage includes additional attic storage. The Belknap Lookout neighborhood borders the booming life sciences corridor, state-of-the-art hospitals, Universities and VanAndel Institute. A flight of stairs connects the hilltop w/downtown making it one of the rare urban places to offer walks along the river, good eats, nightlife and sunsets all within 3 min from home.
Last Agent to Sell the Property
Green Square Properties LLC License #6506046821 Listed on: 02/24/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,490
Year Built
- Built in 2015
HOA Fees
- $280 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
Home Design
- 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
- Family Room with Fireplace
- Washer
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating Available
- Natural Gas Connected
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, lawn/yard care
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
18
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
$54,924
Avg. Annual Appreciation
3.36%
Original Mortgage
$338,751
Outstanding Balance
$308,717
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$88,408
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
Similar Homes in Grand Rapids, MI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $345,000 | Clearstream Title | |
| Warranty Deed | $267,311 | Grand Rapids Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $338,751 | FHA | |
| Previous Owner | $213,848 | New Conventional |
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 |
|---|---|---|---|---|
| 2025 | $5,165 | $176,200 | $0 | $0 |
| 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
86 Total Sales
-
Mitch Cripe
Seller Co-Listing Agent in 2023
Mitch Cripe
Coldwell Banker Schmidt Realtors
(616) 292-2637
1 in this area
235 Total Sales
-
Judith Morgan
Buyer's Agent in 2023
Judith Morgan
Coldwell Banker Schmidt Realtors
(616) 813-2372
1 in this area
68 Total Sales
-
Melissa Mitchell
Seller's Agent in 2021
Melissa Mitchell
Green Square Properties LLC
(616) 285-9305
1 in this area
110 Total Sales
-
J
Seller's Agent in 2015
Jon Jackson
Jackson, Jon
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21005497
APN: 41-14-19-364-008
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