542 Fairview Ave NE Unit 3 Grand Rapids, MI 49503
Belknap Lookout Neighborhood
2
Beds
2
Baths
1,120
Sq Ft
0.35
Acres
Highlights
- Newly Remodeled
- Central Air
- Dining Area
- Wood Flooring
- Ceiling Fan
- 5-minute walk to Coit Park
About This Home
As of June 2023Grand Rapids Brownstones for sale! Located in the Belknap Lookout neighborhood overlooking the City of which boasts both picturesque views of the city & easy access to the Grand River. Belknap Brownstones is nestled amongst expansive green space including 3 parks. The Belknap Lookout neighborhood features modest yet historic homes & borders the booming life sciences corridor, state-of-the-art hospitals, Universities, & the VanAndel Institute multi-billion dollar research institute. A flight of stairs at Fairview Ave connects the hilltop w/downtown making the Belknap Lookout neighborhood one of the rare urban places able to package quiet walks along the river, good eats, sunsets & a thriving nightlife all within 3 min from the home office. These beautiful & efficient homes feature Bamboo ha rdwood floors, granite surfaces, stainless kitchens, gas fireplace, garage, private balconies or decks & ample green space. Unit is to be built, still time to pick your own colors, & finishes.
Last Agent to Sell the Property
Jon Jackson
Jackson, Jon License #6502110206
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,165
Year Built
- Built in 2012 | Newly Remodeled
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
- Composition Roof
- Rubber Roof
- Vinyl Siding
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Low Emissivity Windows
- Insulated Windows
- Living Room with Fireplace
- Dining Area
- Range
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating Available
- Cable TV Available
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
585
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
Map
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Similar Homes in Grand Rapids, MI
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
| 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
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 13033022
APN: 41-14-19-364-008
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