Seller's Agent in 2023
Lucas Howard
Keller Williams GR East
(616) 893-6478
2 in this area
1,238 Total Sales
550 Madison Ave SE Grand Rapids, MI 49503
Heritage Hill NeighborhoodEstimated Value: $454,362 - $528,000
5
Beds
2.5
Baths
2,358
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Wood Flooring
- 2 Car Detached Garage
- Traditional Architecture
- Balcony
- 2-minute walk to Pleasant Park
About This Home
As of December 2023Amazing opportunity for rental income in this two flat well cared for home. This property is set up as an up and down duplex. There is a kitchen, living room, two bedrooms and entry way on the main level. Upstairs has a 2nd kitchen large dining area, a full bath, half bath and 3 bedrooms. Both units feature hardwood floors and beautiful historic detail. The property was zoned as a duplex until 2009 and could possibly be again. The city currently has it zoned as a SFR and you could have a roommate live in their very own living space on a different floor if you didn't want to apply for it to become a 2 unit again - please verify with the GR planning commission on the process for doing this. The exterior was painted this year, newer roof and both furnaces are new in the past 2 years
Last Agent to Sell the Property
Keller Williams GR East License #6502359815 Listed on: 11/28/2023
Last Buyer's Agent
Out of Area Agent
Out of Area Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,173
Year Built
- Built in 1910
Lot Details
- 9,627 Sq Ft Lot
- Lot Dimensions are 71x132
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,358 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
Kitchen
- Eat-In Kitchen
- Oven
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
- Laundry in Basement
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Heritage Hill Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2023
Closed on
Dec 29, 2023
Sold by
Stankiewicz Kristyn and Yuenger Brandon
Bought by
Freeman Aaron B and Freeman Tiffany
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$379,900
Sold Price
$400,000
Premium/Discount to List
$20,100
5.29%
Views
132
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,841
Avg. Annual Appreciation
5.86%
Original Mortgage
$320,000
Interest Rate
7.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2017
Sold by
Stankiewicz Kristyn and Stankiewicz Jeffrey A
Bought by
Stankiewicz Kristyn and Yuenger Brandon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 1, 2010
Sold by
Stankiewicz Jeffrey A and Stankiewicz Lori A
Bought by
Stankiewicz Jeffrey A and Stankiewicz Lori A
Purchase Details
Closed on
Oct 31, 2007
Sold by
Chase Home Finance Llc
Bought by
Homesales Inc
Purchase Details
Closed on
Aug 15, 2007
Sold by
Cambero Juan
Bought by
Chase Home Finance Llc
Purchase Details
Closed on
Oct 16, 2006
Sold by
Stewart Jason
Bought by
Cambero Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 2006
Sold by
Brown Robert
Bought by
Stewart Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.95%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 5, 2004
Sold by
Brown Linda
Bought by
Brown Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 3, 2004
Sold by
Brown Linda
Bought by
Chase Manhattan Mortgage Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 1999
Sold by
Pater Pater W W and Pater Brown L
Bought by
Stankiewicz Brown L and Stankiewicz Kristyn Jeffrey A
Purchase Details
Closed on
May 28, 1998
Sold by
Ernst Rothwl
Bought by
Stankiewicz Pater W and Stankiewicz Kristyn Jeffrey A
Purchase Details
Closed on
Feb 4, 1997
Sold by
Mtchll Est and Mtchll Bonner B
Bought by
Stankiewicz Kristyn Jeffrey A
Purchase Details
Closed on
Aug 21, 1980
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freeman Aaron B | $400,000 | None Listed On Document | |
| Stankiewicz Kristyn | -- | None Available | |
| Stankiewicz Jeffrey A | -- | None Available | |
| Homesales Inc | -- | E Title Agency | |
| Chase Home Finance Llc | $220,000 | None Available | |
| Cambero Juan | $380,000 | Unified Title & Settlement L | |
| Stewart Jason | $205,000 | None Available | |
| Brown Robert | $156,000 | -- | |
| Chase Manhattan Mortgage Corp | $143,163 | -- | |
| Stankiewicz Brown L | $165,000 | -- | |
| Stankiewicz Pater W | $115,500 | -- | |
| Stankiewicz Kristyn Jeffrey A | -- | -- | |
| -- | $10,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freeman Aaron B | $318,000 | |
| Closed | Freeman Aaron B | $320,000 | |
| Previous Owner | Yuenger Brandon | $134,500 | |
| Previous Owner | Stankiewicz Kristyn | $155,000 | |
| Previous Owner | Stankiewicz Kristin | $82,500 | |
| Previous Owner | Stankiewicz Jeffrey A | $70,500 | |
| Previous Owner | Cambero Juan | $76,000 | |
| Previous Owner | Cambero Juan | $304,000 | |
| Previous Owner | Stewart Jason | $164,000 | |
| Previous Owner | Brown Robert | $124,800 | |
| Closed | Brown Robert | $31,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $400,000 | +5.3% | $170 / Sq Ft |
| 12/02/2023 12/02/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $379,900 | 0.0% | $161 / Sq Ft |
| 10/22/2023 10/22/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $379,900 | -- | $161 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $5,232 | $188,700 | $0 | $0 |
| 2024 | $5,232 | $165,000 | $0 | $0 |
| 2023 | $3,342 | $143,500 | $0 | $0 |
| 2022 | $3,173 | $126,100 | $0 | $0 |
| 2021 | $3,102 | $123,500 | $0 | $0 |
| 2020 | $2,966 | $116,200 | $0 | $0 |
| 2019 | $3,106 | $96,600 | $0 | $0 |
| 2018 | $3,000 | $93,400 | $0 | $0 |
| 2017 | $2,677 | $85,400 | $0 | $0 |
| 2016 | $2,709 | $78,100 | $0 | $0 |
| 2015 | $2,520 | $78,100 | $0 | $0 |
| 2013 | -- | $74,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lucas Howard
-
Matt Kepley
M
Seller Co-Listing Agent in 2023
Matt Kepley
Five Star Real Estate (Ada)
(616) 308-7006
1 in this area
73 Total Sales
-
O
Buyer's Agent in 2023
Out of Area Agent
Out of Area Office
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23139280
APN: 41-14-31-205-012
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