NOT LISTED FOR SALE

5541 Rivertown Cir SW Unit 8 Wyoming, MI 49418

South Grandville Neighborhood

Estimated Value: $283,000 - $302,000

3 Beds
2.5 Baths
1,522 Sq Ft
$130/mo HOA Fee

Last Sold April 05, 2013

Last sale price $119,500 $79 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,927/month

22 Days on Market

Highlights

  • End Unit
  • Attached Garage
  • Central Air
  • Grandville Middle School Rated A-
  • Living Room
  • Dining Area

About This Home

As of April 2013

All new upgrades in this three bedroom, 2.5 bath condo at Rivertown Place. Entire unit has been remodeled from top to bottom with new carpet, fresh paint, laminate flooring, granite counter tops, lights, hardware, etc. Fabulous location and very affordable living just minutes from M-6 expressway, Rivertown Crossings Mall and dining. Fireplace, patio, and a large pantry are only a few of the great features in this desirable end unit, Two-car garage. Seller to install brand new stainless appliances. Grandville Schools.

Last Agent to Sell the Property

Wendy Harp 652 (Realtor for Bar

Granger Group Property Sales License #6501281832 Listed on: 01/28/2013

Last Buyer's Agent

John Hilton

Success Realty West Michigan License #6501272166

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 2002

Lot Details

  • End Unit

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,882

Year Built

Built in 2002

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Garage Door Opener, Laminate Floor
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1522.0
  • Window Features: Screens

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding, Brick
  • List Price: 124900.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2882.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Apr 5, 2013
Sold by
Townhouse 56 Llc
Bought by
Rankin John Michael
Seller's Agent
Wendy Harp 652 (Realtor for Bar
Granger Group Property Sales
Buyer's Agent
John Hilton
Success Realty West Michigan
List Price
$124,900
Sold Price
$119,500
Premium/Discount to List
-$5,400
-4.32%
Current Estimated Value
$294,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,875
Avg. Annual Appreciation
7.45%
Original Mortgage
$89,600
Outstanding Balance
$63,217
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$231,158

Purchase Details

Closed on
Feb 25, 2011
Sold by
Ada Place Townhomes Llc
Bought by
Townhouse 56 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 8, 2005
Sold by
Townhouse 24 Llc
Bought by
Ada Place Townhomes Llc
Source: Public Records

Range of Values:

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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
Rankin John Michael $119,500 Independent Title Svcs Inc
Townhouse 56 Llc $2,900,000 None Available
Ada Place Townhomes Llc $8,612,894 Independent Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin John Michael $89,600
Previous Owner Townhouse 56 Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $119,500 -4.3% $79 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $124,900 -- $82 / 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 $2,894 $127,000 $0 $0
2024 $2,894 $112,800 $0 $0
2023 $2,991 $98,500 $0 $0
2022 $2,756 $92,100 $0 $0
2021 $2,692 $85,800 $0 $0
2020 $2,457 $82,500 $0 $0
2019 $2,513 $77,700 $0 $0
2018 $2,467 $69,400 $0 $0
2017 $2,403 $63,200 $0 $0
2016 $2,316 $62,000 $0 $0
2015 $2,283 $62,000 $0 $0
2013 -- $51,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Wendy Harp 652 (Realtor for Bar

    Granger Group Property Sales

    (616) 248-3566

    32 in this area

    84 Total Sales

    Wendy Harp 652 (Realtor for Bar
    Section Image

  • J

    Buyer's Agent in 2013

    John Hilton

    Success Realty West Michigan

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13005539

Southwestern Michigan Association of REALTORS®

APN: 41-17-31-280-008

Michigan Kent County Wyoming 49418 South Grandville

5541 Rivertown Cir SW Unit 8, Wyoming, MI

This home is located at 5541 Rivertown Cir SW Unit 8, Wyoming, MI 49418 since 28 January 2013 and is currently estimated at $294,375, approximately $193 per square foot. This property was built in 2002. 5541 Rivertown Cir SW Unit 8 is a home located in Kent County with nearby schools including Grandville Middle School, Tri-Unity Christian Elementary School, and Grandville Calvin Christian Elementary 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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