NOT LISTED FOR SALE

Estimated Value: $444,893 - $494,000

4 Beds
3 Baths
1,977 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 5490 Caravel Dr SW, Wyoming, MI 49418 and is currently estimated at $475,723, approximately $240 per square foot. 5490 Caravel Dr SW is a home located in Kent County with nearby schools including Grandville Grand View Elementary School, Grandville Middle School, and Vanguard Charter Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2007
Sold by
Hoang Jason and Nguyen Annie
Bought by
Bjorum Justin M
Current Estimated Value
$475,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Outstanding Balance
$117,637
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,086

Purchase Details

Closed on
Dec 16, 2002
Sold by
Progressive Developers Inc
Bought by
Hoang Jason and Nguyen Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bjorum Justin M $215,000 Chicago Title
Hoang Jason $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjorum Justin M $193,500
Previous Owner Hoang Jason $165,600
Source: Public Records

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 $4,644 $209,000 $0 $0
2024 $4,644 $187,100 $0 $0
2023 $4,799 $174,600 $0 $0
2022 $4,421 $155,700 $0 $0
2021 $4,318 $150,000 $0 $0
2020 $3,943 $146,600 $0 $0
2019 $4,031 $138,200 $0 $0
2018 $3,958 $126,600 $0 $0
2017 $3,856 $115,200 $0 $0
2016 $3,716 $107,600 $0 $0
2015 $3,663 $107,600 $0 $0
2013 -- $93,800 $0 $0
Source: Public Records

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