NOT LISTED FOR SALE

55 Ottawa Ave SW Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood
-- Bed
-- Bath
138,122 Sq Ft
1.01 Acres

About This Home

This home is located at 55 Ottawa Ave SW, Grand Rapids, MI 49503. 55 Ottawa Ave SW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2014
Sold by
City Of Grand Rapids Downtown Developmen
Bought by
Arena Place Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500,000
Interest Rate
4.18%
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

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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
Arena Place Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arena Place Development Llc $46,000,000
Closed Arena Place Development Llc $37,500,000
Closed Arena Place Development Llc $150,000
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
2024 $714,285 $20,030,000 $0 $0
2023 $708,523 $18,330,500 $0 $0
2022 $673,397 $15,994,900 $0 $0
2021 $668,821 $15,950,000 $0 $0
2020 $634,141 $15,950,400 $0 $0
2019 $629,416 $14,872,600 $0 $0
2018 $629,416 $13,030,300 $0 $0
2017 $603,650 $8,803,200 $0 $0
2016 $470,939 $1,068,000 $0 $0
2015 $54,600 $1,068,000 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

55 Ottawa Ave SW, Grand Rapids, MI

This home is located at 55 Ottawa Ave SW, Grand Rapids, MI 49503. 55 Ottawa Ave SW is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

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