NOT LISTED FOR SALE

551 Eastern Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $275,000 - $319,621

3 Beds
2 Baths
1,418 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $230,900 $163 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,977/month

6 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot: Yes
  • 1 Car Detached Garage
  • Cape Cod Architecture
  • Breakfast Area or Nook
  • Forced Air Heating System

About This Home

As of July 2022

Check out this meticulously maintained home near the medical mile! This house is a blank canvas for any new buyer to put their own mark on. Recent updates include fresh paint throughout, new flooring in main level bathroom, and new carpet in the upper level. Roof, furnace, and windows all replaced in the past 10 years. Other features include a beautiful 4 season porch, large living room, 4th non conforming bedroom in the upper level, and spacious eat in kitchen with adjacent dining room. Unfinished basement is another large area that is waiting to be finished for additional living space. Offers not to be reviewed until Monday, June 27 at 12noon. Schedule your private showing today!

Last Agent to Sell the Property

Heather Vanderveen

RE/MAX of Grand Rapids (Stndl) License #6501374107 Listed on: 06/22/2022

RE/MAX of Grand Rapids (Stndl)

Last Buyer's Agent

Todd Fencil

RE/MAX of Grand Rapids (Stndl) License #6501288439

RE/MAX of Grand Rapids (Stndl)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1951

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 111x127
  • Corner Lot: Yes

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 111x127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1418.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1781.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 1418.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1418.0
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 199900.0
  • Lot Features: Corner Lot
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 111x127
  • Lot Size Sq Ft: 12327.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1781.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 29, 2022
Sold by
Douglass Natalia L
Bought by
Brown Alexis Afton
Seller's Agent
Heather Vanderveen
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Todd Fencil
RE/MAX of Grand Rapids (Stndl)
List Price
$199,900
Sold Price
$230,900
Premium/Discount to List
$31,000
15.51%
Current Estimated Value
$300,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,755
Avg. Annual Appreciation
6.80%
Original Mortgage
$207,810
Outstanding Balance
$199,861
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$83,675

Purchase Details

Closed on
Oct 17, 1990
Sold by
Loda Loda P P and Loda Douglass N
Bought by
Loda Natalia L
Source: Public Records

Range of Values:

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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
Brown Alexis Afton $230,900 Chicago Title
Loda Natalia L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Alexis Afton $207,810
Previous Owner Loda Natalia $24,521
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $230,900 +15.5% $163 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $199,900 -- $141 / 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 $4,098 $171,000 $0 $0
2024 $4,098 $143,700 $0 $0
2023 $4,061 $123,100 $0 $0
2022 $1,822 $112,800 $0 $0
2021 $1,781 $107,100 $0 $0
2020 $1,703 $98,100 $0 $0
2019 $1,784 $84,700 $0 $0
2018 $1,722 $79,800 $0 $0
2017 $1,677 $70,400 $0 $0
2016 $1,697 $67,800 $0 $0
2015 $1,578 $67,800 $0 $0
2013 -- $55,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Vanderveen

    Seller's Agent in 2022

    Heather Vanderveen

    RE/MAX Michigan

    (616) 318-2742

    1 in this area

    112 Total Sales

    Heather Vanderveen
    Section Image
  • Todd Fencil

    Buyer's Agent in 2022

    Todd Fencil

    RE/MAX Michigan

    (616) 581-1041

    1 in this area

    84 Total Sales

    Todd Fencil
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22025417

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-478-022

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

551 Eastern Ave NE, Grand Rapids, MI

This home is located at 551 Eastern Ave NE, Grand Rapids, MI 49503 since 22 June 2022 and is currently estimated at $300,655, approximately $212 per square foot. This property was built in 1951. 551 Eastern Ave NE is a home located in Kent County with nearby schools including Coit Creative Arts Academy, Riverside Middle School, and Union 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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