NOT LISTED FOR SALE

555 James Ave SE Grand Rapids, MI 49503

Madison Area Neighborhood

Estimated Value: $235,259 - $305,000

3 Beds
2 Baths
1,590 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $160,000 $101 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,551/month

17 Days on Market

Highlights

  • HERS Index Rating of 71 | Home's energy 30% more efficient than a standard home
  • Mud Room
  • Eat-In Kitchen
  • Traditional Architecture
  • Porch
  • Air Purifier

About This Home

As of August 2017

Are you looking for the Hip Scene of Wealthy St with awesome shopping, restaurants and nightlife! This home is 2 blocks off Wealthy St. The home is also a half block from Heritage Hill! Just over 4 years ago this home was completely renovated. By renovated I mean stripped to the studs! New electrical, plumbing, siding, windows, you name it, it was done! 3 bedrooms, 2 baths, new kitchen, living room, dining area, pantry, mud room, separate laundry area on the main floor and spectacular back yard for entertaining. The home has newer mechanicals and holds a 5 star energy certificate, you can't beat that. All interior doors are solid core. Nicely laid out home throughout! This is like owning a new home with city amenities! Off street parking available.

Last Agent to Sell the Property

Jeffrey Newberg

Home Run Real Estate Listed on: 06/03/2017

Last Buyer's Agent

Kimberly Moore

Keller Williams GR North (Main) License #6501387019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25x88
  • Shrub
  • Back Yard Fenced
  • Property is zoned R1, R1

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,590 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Insulated Windows
  • Mud Room
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • HERS Index Rating of 71 | Home's energy 30% more efficient than a standard home
  • Air Purifier

Outdoor Features

  • Patio
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$929

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1910
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 106.86
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 25x88
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1590.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 928.57
  • Tax Info:Zoning3: R1
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Home Energy Rate Sys:HERS Index Number: 71
  • General Property Info:SqFt Above Grade: 1590.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Security Features:Security System: Yes
  • Other Equipment:Air Purifier: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Broadband, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1590.0
  • Other Equipment: Air Purifier
  • Window Features: Replacement, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 888.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 169900.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 25x88
  • Lot Size Sq Ft: 2178.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 928.57
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2017
Closed on
Aug 2, 2017
Sold by
Zufelt Wesley R
Bought by
Ballek Taylor
Seller's Agent
Jeffrey Newberg
Home Run Real Estate
Buyer's Agent
Kimberly Moore
Keller Williams GR North (Main)
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Current Estimated Value
$274,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,815
Avg. Annual Appreciation
6.66%
Original Mortgage
$144,000
Outstanding Balance
$119,897
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$154,918

Purchase Details

Listed on
Jun 30, 2012
Closed on
Dec 4, 2012
Sold by
Mohawk Construction Group Llc
Bought by
Zufelt Wesley R
Seller's Agent
Latasha Black
LCB & Associates Realty
Buyer's Agent
Chad Sytsma
Greenridge Realty (EGR)
List Price
$57,000
Sold Price
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.79%
Original Mortgage
$47,700
Interest Rate
3.36%
Mortgage Type
VA

Purchase Details

Closed on
Nov 8, 2011
Sold by
Newton Robert and Newton Lena L
Bought by
Kent County Treasurer

Purchase Details

Closed on
Aug 17, 2011
Sold by
City Of Grand Rapids
Bought by
Mohawk Construction Group Llc

Purchase Details

Closed on
Jul 13, 2011
Sold by
Parrish Kenneth D
Bought by
City Of Grand Rapids

Purchase Details

Closed on
Dec 9, 2005
Sold by
James Wiston and Harper Daisophia
Bought by
Newton Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 2003
Sold by
City Of Grand Rapids
Bought by
Stewart Dorothy M and Stewart Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Stewart Sheila
Bought by
James Winston and Harper Daisophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1996
Bought by
Zufelt Magoun E and Zufelt Wesley R

Purchase Details

Closed on
Jun 3, 1996
Bought by
City Of Gr and Zufelt Wesley R

Purchase Details

Closed on
Jun 3, 1989
Sold by
City Stamps G and City Gr
Bought by
Zufelt Wesley R

Purchase Details

Closed on
Jun 2, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ballek Taylor $160,000 None Available
Zufelt Wesley R $57,000 None Available
Kent County Treasurer -- None Available
Mohawk Construction Group Llc $6,722 None Available
City Of Grand Rapids $6,722 None Available
Newton Robert $95,000 Triunion Title
Stewart Dorothy M $10,019 --
James Winston $60,000 --
Zufelt Magoun E -- --
City Of Gr -- --
Zufelt Wesley R -- --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballek Taylor $144,000
Previous Owner Zufelt Wesley R $47,700
Previous Owner Newton Robert $95,000
Previous Owner James Winston $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2017 08/02/17 Sold $160,000 -11.1% $101 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $179,900 +215.6% $113 / Sq Ft
12/04/2012 12/04/12 Sold $57,000 0.0% -- View Prior Sale
09/20/2012 09/20/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $57,000 -- --
Source: MichRIC

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 $1,268 $98,900 $0 $0
2024 $1,268 $90,400 $0 $0
2023 $1,287 $85,300 $0 $0
2022 $1,222 $73,100 $0 $0
2021 $1,195 $59,500 $0 $0
2020 $1,142 $48,300 $0 $0
2019 $1,155 $40,800 $0 $0
2018 $1,155 $33,200 $0 $0
2017 $917 $27,400 $0 $0
2016 $929 $27,500 $0 $0
2015 $864 $27,500 $0 $0
2013 -- $25,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeffrey Newberg

    Home Run Real Estate

  • K

    Buyer's Agent in 2017

    Kimberly Moore

    Keller Williams GR North (Main)

  • L

    Seller's Agent in 2012

    Latasha Black

    LCB & Associates Realty

    (616) 485-2795

    1 in this area

    38 Total Sales

    Latasha Black
    Section Image
  • Chad Sytsma

    Buyer's Agent in 2012

    Chad Sytsma

    Greenridge Realty (EGR)

    (616) 813-2436

    3 in this area

    109 Total Sales

    Chad Sytsma
    Section Image
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Map

Source: MichRIC

MLS Number: 17026406

MichRIC

APN: 41-14-31-230-027

Michigan Kent County Grand Rapids 49503 Madison Area

555 James Ave SE, Grand Rapids, MI

Not Listed for Sale

Detached

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