NOT LISTED FOR SALE

555 Cedar St NE Grand Rapids, MI 49503

Estimated Value: $215,000 - $238,672

3 Beds
1.5 Baths
1,152 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $110,000 $95 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,432/month

7 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 1 Car Detached Garage
  • Recreation Room
  • Traditional Architecture
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2019

BACK ON MARKET DUE TO BUYER FINANCING FALLTHROUGH. Home passed inspections. 3 BR 1.5 bath home on a quiet street! This home is move-in ready, the only thing it is missing is you or your renters! Home has a history as a rental, was previously leased out for $1000 per month, and has great income potential. Home has the charm of an older GR home, with hardwood floors in wonderful condition throughout, a spacious full bath and 3 good sized bedrooms on the upper level. Main level features living room, half bath, kitchen with newer cabinets, and a dining room with sliders that give access to a back deck overlooking a quiet back yard with a wooded lot beyond the property line. The property behind the house is not to be developed, so you will have maintained privacy and peace in your new home! Newer windows throughout, and basement was sealed and waterproofed in 2017
Seller to do no repairs. Home sold as-is. Home Warranty negotiable.
TAXES LISTED ARE BASED ON 0% HOMESTEAD

Last Agent to Sell the Property

Jennifer Papa

Every Corner Realty - I Listed on: 02/08/2019

Last Buyer's Agent

Mackenzie Bonzelaar

Bellabay Realty LLC License #6501392580

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Wooded Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Mineral Rights Excluded

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,011

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 39.5 * 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1152.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2010.84
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • General Property Info:SqFt Above Grade: 1152.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1152.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 116000.0
  • Lot Features: Sidewalk, Wooded
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Deck(s): 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

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 39.5 * 132
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2010.84
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Jw Remodeling Llc
Bought by
Kooienga Sharon
Current Estimated Value
$231,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$145,366
Interest Rate
8.75%
Mortgage Type
New Conventional
Estimated Equity
$79,639

Purchase Details

Closed on
Feb 18, 2020
Sold by
Bonzelar Mackenzie
Bought by
Jw Remodeling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 8, 2019
Closed on
Feb 28, 2019
Sold by
Salacina Derrick
Bought by
Bonzelaar Mackenzie
Seller's Agent
Jennifer Papa
Every Corner Realty - I
Buyer's Agent
Mackenzie Bonzelaar
Bellabay Realty LLC
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 30, 2017
Sold by
Gecko Properties Llc
Bought by
Salacina Derrick
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Nick Holtrop
EXP Realty (Grand Rapids)
List Price
$99,900
Sold Price
$98,000
Premium/Discount to List
-$1,900
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$95,060
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2017
Sold by
Timmer Jon and Timmer Jonathan
Bought by
Gecko Properties Llc

Purchase Details

Listed on
Aug 22, 2014
Closed on
Nov 26, 2014
Sold by
Timmer Jon
Bought by
Global Wisdom Inc
Seller's Agent
Debbie Schuhman
Keller Williams GR East
Buyer's Agent
Jon Timmer
Childress & Associates Realty
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%

Purchase Details

Listed on
Aug 22, 2014
Closed on
Nov 5, 2014
Sold by
Ernie Llc
Bought by
Global Wisdom Inc
Seller's Agent
Debbie Schuhman
Keller Williams GR East
Buyer's Agent
Jon Timmer
Childress & Associates Realty
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Purchase Details

Listed on
Aug 22, 2014
Closed on
Oct 23, 2014
Sold by
Estate Of Robert L Kozal
Bought by
Timmer Jon
Seller's Agent
Debbie Schuhman
Keller Williams GR East
Buyer's Agent
Jon Timmer
Childress & Associates Realty
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Purchase Details

Closed on
May 20, 1986

Purchase Details

Closed on
Aug 2, 1984
Bought by
Kozal Robert L Estate
Source: Public Records

Range of Values:

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Average Value
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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
Kooienga Sharon $185,000 Lighthouse Title
Jw Remodeling Llc $327,500 Ata National Title Group Llc
Bonzelaar Mackenzie $110,000 Ata National Title Group Llc
Bonzelaar Mackenzie $110,000 Ata National Title Group Llc
Salacina Derrick $98,000 None Available
Gecko Properties Llc -- None Available
Gecko Properties Llc $300,000 None Available
Global Wisdom Inc -- None Available
Global Wisdom Inc $54,000 None Available
Timmer Jon $30,000 None Available
-- $28,500 --
Kozal Robert L Estate $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kooienga Sharon $148,000
Previous Owner Jw Remodeling Llc $245,000
Previous Owner Salacina Derrick $95,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $110,000 -15.4% $95 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $130,000 +32.7% $113 / Sq Ft
06/30/2017 06/30/17 Sold $98,000 -1.9% $85 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $99,900 +233.0% $87 / Sq Ft
10/23/2014 10/23/14 Sold $30,000 -24.8% $26 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $39,900 -- $35 / 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 $2,473 $88,200 $0 $0
2024 $2,473 $78,000 $0 $0
2023 $1,705 $68,600 $0 $0
2022 $2,641 $61,800 $0 $0
2021 $2,573 $49,300 $0 $0
2020 $2,481 $48,500 $0 $0
2019 $1,515 $42,500 $0 $0
2018 $1,701 $39,200 $0 $0
2017 $1,548 $31,300 $0 $0
2016 $1,934 $29,000 $0 $0
2015 $1,483 $29,000 $0 $0
2013 -- $25,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18055393

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-206-017