NOT LISTED FOR SALE

5430 Cheryl Ave SE Grand Rapids, MI 49508

Ridgebrook Neighborhood

Estimated Value: $304,000 - $322,000

2 Beds
2 Baths
1,136 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $77,000 $68 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $1,943/month

23 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • East Kentwood High School Rated A-

About This Home

As of May 2015

Come see this cozy 2 bedroom, 2 bathroom home. There is wood flooring throughout, a screened in patio and an interesting spacious backyard. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 03/18/2015

Bellabay Realty LLC

Last Buyer's Agent

Linda Levin

Five Star Real Estate (Main) License #6501195420

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 64 x 145

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1959
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 64 X 145
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1136.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2885.95
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1136.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1136.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Full Baths: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 81000.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 64 X 145
  • Lot Size Sq Ft: 9147.6
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2885.95
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 20, 2015
Sold by
The Bank Of New York Mellon
Bought by
Bailey Mary
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Linda Levin
Five Star Real Estate (Main)
List Price
$94,900
Sold Price
$77,000
Premium/Discount to List
-$17,900
-18.86%
Current Estimated Value
$313,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,747
Avg. Annual Appreciation
14.45%
Original Mortgage
$73,150
Outstanding Balance
$56,393
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$252,510

Purchase Details

Closed on
Jan 22, 2014
Sold by
Degraff Helen A
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 31, 2005
Sold by
Betteridge Kathleen A
Bought by
Degraaf Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Betteridge Kathleen A
Bought by
St Paul Federal Bank For Savings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bailey Mary $77,000 Greenridge Title Of Mi Llc
The Bank Of New York Mellon $80,750 None Available
Degraaf Helen A $117,000 Chicago Title
St Paul Federal Bank For Savings $100,284 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Mary $73,150
Previous Owner Degraaf Helen A $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2015 05/19/15 Sold $77,000 -18.9% $68 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $94,900 -- $84 / 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 $2,844 $142,200 $0 $0
2024 $2,844 $134,400 $0 $0
2023 $2,570 $120,400 $0 $0
2022 $2,835 $105,000 $0 $0
2021 $2,778 $92,800 $0 $0
2020 $2,305 $84,400 $0 $0
2019 $2,670 $79,200 $0 $0
2018 $2,670 $74,200 $0 $0
2017 $2,601 $67,700 $0 $0
2016 $2,519 $58,200 $0 $0
2015 $1,925 $58,200 $0 $0
2013 -- $52,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2015

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    1 in this area

    34 Total Sales

    Michael Balsitis
    Section Image

  • L

    Buyer's Agent in 2015

    Linda Levin

    Five Star Real Estate (Main)

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14063621

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-251-030

Michigan Kent County Grand Rapids 49508 Ridgebrook

5430 Cheryl Ave SE, Grand Rapids, MI

This home is located at 5430 Cheryl Ave SE, Grand Rapids, MI 49508 since 18 March 2015 and is currently estimated at $313,747, approximately $276 per square foot. This property was built in 1959. 5430 Cheryl Ave SE is a home located in Kent County with nearby schools including Brookwood Elementary School, Valleywood Middle School, and East Kentwood 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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