NOT LISTED FOR SALE

543 Franklin St SE Grand Rapids, MI 49507

South Hill Neighborhood

Estimated Value: $239,000 - $271,046

3 Beds
1.5 Baths
1,344 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $166,000 $124 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,748/month

19 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Storm Windows
  • Traditional Architecture
  • Porch
  • Patio

About This Home

As of September 2020

This home is very nicely updated! It's conveniently located in the South Hill neighborhood, just blocks from Wealthy St and Pleasant Park, close to downtown, and it's ready to move into today. There is lots of light in this traditional four-square floor plan, with beautiful wood floors, new stainless appliances, and updated kitchen and baths. Outdoor amenities include three porches/decks, a patio in the enclosed rear yard, and brand new concrete in the off street parking. You'll enjoy the breezy upper deck on summer nights. The basement is bright, clean and dry, and there is room for future. expansion in the large attic. If you're looking for an attractive, move-in ready home in the much desired Southeast side of GR, be sure to check this one out. Listing Agent is property owner.

Last Agent to Sell the Property

John Potter

Pro Real Estate Services LLC License #6501342102 Listed on: 08/13/2020

Last Buyer's Agent

Michael Spiegel

The Local Element License #6501421459

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1910

Lot Details

  • 2,508 Sq Ft Lot
  • Lot Dimensions are 57 x 44
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1910
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 57 x 44
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1344.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1351.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 1344.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1344.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 672.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Fencing: Fenced Back
  • List Price: 172500.0
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 57 x 44
  • Lot Size Sq Ft: 2508.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1351.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Bratt Eric
Bought by
E & T Real Estate Holdings Llc
Current Estimated Value
$250,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2022
Sold by
Mapes Michele
Bought by
Bratt Eric and Wang Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 30, 2020
Sold by
Potter John S and Potter Deborah A
Bought by
Mapes Michele
Seller's Agent
John Potter
Pro Real Estate Services LLC
Buyer's Agent
Michael Spiegel
The Local Element
List Price
$172,500
Sold Price
$166,000
Premium/Discount to List
-$6,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$149,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Tanglewood Properties Llc
Bought by
Potter John S and Potter Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,571
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Potter John and Potter Deborah A
Bought by
Tanglewood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2006
Sold by
Tanglewood Properties Llc
Bought by
Potter John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2005
Sold by
Maze Cleveland
Bought by
Tanglewood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 29, 2003
Sold by
Hud
Bought by
Maze Cleveland

Purchase Details

Closed on
May 7, 2002
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Jan 24, 2001
Sold by
Franklin Alton
Bought by
Midfirst Bank and Midfirst Bank State Svgs Bank

Purchase Details

Closed on
Dec 5, 1989
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
E & T Real Estate Holdings Llc -- --
Bratt Eric $210,000 --
Mapes Michele $166,000 Bell Ttl Agcy Of Grand Rapid
Potter John S -- None Available
Tanglewood Properties Llc -- Unified Title & Settlement L
Potter John S -- None Available
Tanglewood Properties Llc $39,900 --
Maze Cleveland $18,100 --
Hud -- --
Midfirst Bank $34,216 --
-- $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bratt Eric $146,250
Previous Owner Mapes Michele $149,400
Previous Owner Potter John S $76,571
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $166,000 -3.8% $124 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $172,500 -- $128 / 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 $5,044 $122,800 $0 $0
2024 $5,044 $101,100 $0 $0
2023 $4,633 $89,600 $0 $0
2022 $3,824 $87,400 $0 $0
2021 $3,726 $71,400 $0 $0
2020 $1,320 $67,200 $0 $0
2019 $1,352 $61,800 $0 $0
2018 $1,311 $51,900 $0 $0
2017 $1,279 $48,100 $0 $0
2016 $1,285 $39,500 $0 $0
2015 $1,224 $39,500 $0 $0
2013 -- $23,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Potter

    Pro Real Estate Services LLC

    Section Image
  • Michael Spiegel

    Buyer's Agent in 2020

    Michael Spiegel

    The Local Element

    (616) 308-3507

    5 in this area

    55 Total Sales

    Michael Spiegel
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20032945

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-257-016

Michigan Kent County Grand Rapids 49503 South Hill

543 Franklin St SE, Grand Rapids, MI

This home is located at 543 Franklin St SE, Grand Rapids, MI 49507 since 13 August 2020 and is currently estimated at $250,512, approximately $186 per square foot. This property was built in 1910. 543 Franklin St 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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