NOT LISTED FOR SALE

544 Lovett Ave SE Unit 3 Grand Rapids, MI 49506

Estimated Value: $710,000 - $1,205,000

-- Bed
4 Baths
-- Sq Ft
6,926 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $135,000

Est. 537% increase in value since last sale

Current estimated payment $5,288/month

46 Days on Market

About This Home

As of November 2012

Located In EGR, Great Income Property Opportunity! Two Separate Units Located Right Next to Gas Light Village. Homes Need Some Work.

Last Agent to Sell the Property

Daniel Wilde

Ridge Realty Inc License #6502101985 Listed on: 09/17/2012

Last Buyer's Agent

Daniel Wilde

Ridge Realty Inc License #6502101985 Listed on: 09/17/2012

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 6,926

Parking

  • 3 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Crawl Space
  • 6,926 Sq Ft Lot

Community Details

  • 2 Buildings

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6926.0

Tax Info

  • Tax Annual Amount: 6118.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2019
Sold by
Wilson Nanci V
Bought by
Wilson Kristin R
Current Estimated Value
$860,556

Purchase Details

Closed on
Feb 6, 2014
Sold by
Deur Thomas and Deur Robin M
Bought by
Wilson Kirstin and Wilson Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Outstanding Balance
$170,095
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$690,461

Purchase Details

Listed on
Sep 17, 2012
Closed on
Nov 30, 2012
Sold by
Choiceone Bank
Bought by
Deur Thomas and Deur Robin M
Seller's Agent
Daniel Wilde
Ridge Realty Inc
Buyer's Agent
Daniel Wilde
Ridge Realty Inc
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
Jun 6, 2012
Sold by
Arens Richard
Bought by
Choiceone Bank

Purchase Details

Closed on
Jul 15, 2005
Sold by
The Harriet M Engbers Trust
Bought by
Arens Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2000
Sold by
Engbers James and Engbers Harriet
Bought by
Engbers Harriet M Trust and Wilson Kristin
Source: Public Records

Range of Values:

Collateral Analytics

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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
Wilson Kristin R -- None Available
Wilson Kirstin $327,000 Sun Title Agency Of Mi Llc
Deur Thomas $135,000 Sun Title Agency Of Mi Llc
Choiceone Bank $208,681 None Available
Arens Richard $215,000 --
Engbers Harriet M Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kirstin $227,000
Previous Owner Arens Richard $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $135,000 -9.9% --
11/02/2012 11/02/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $149,900 -- --
Source: MichRIC

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 $9,305 $301,900 $0 $0
2024 $9,305 $283,200 $0 $0
2023 $9,364 $225,400 $0 $0
2022 $8,886 $211,900 $0 $0
2021 $8,645 $203,600 $0 $0
2020 $8,176 $193,300 $0 $0
2019 $8,470 $167,500 $0 $0
2018 $8,272 $128,600 $0 $0
2017 $5,996 $129,100 $0 $0
2016 $6,320 $151,300 $0 $0
2015 -- $151,300 $0 $0
2013 -- $126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Daniel Wilde

    Ridge Realty Inc

    (616) 293-9934

    49 Total Sales

    Daniel Wilde
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Map

Source: MichRIC

MLS Number: 12050635

MichRIC

APN: 41-14-33-276-006

Michigan Kent County Grand Rapids 49506

544 Lovett Ave SE Unit 3, Grand Rapids, MI

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