NOT LISTED FOR SALE

555 Locust Ave SE Grand Rapids, MI 49506

Estimated Value: $1,015,000 - $1,366,000

4 Beds
3.5 Baths
3,208 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $752,000 $234 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,736/month

5 Days on Market

Highlights

  • Maid or Guest Quarters
  • Fireplace in Primary Bedroom
  • Tudor Architecture
  • East Grand Rapids High School Rated A
  • Wood Flooring
  • Corner Lot: Yes

About This Home

As of July 2020

Built in 1928 by famed architect Wallace Frost known for top quality and high end buildings, this Tudor is rarely on the market until now. Currently owned by an interior designer, this home has recently undergone a dramatic & modern transformation while keeping the integrity and charm of an English Tudor. Too many features to list them all but a few to note include original and new gleaming hardwood floors, beautiful wood doors & trim, rounded entryways, black steel framed windows, built-in seats overlooking landscaped gardens & a private courtyard. This spacious home has a seamless floor plan offering formal & informal living space throughout. The sunken living room has a gorgeous limestone stone fireplace & high ceilings w/wood framed beams. Many oversized windows provide a spacious atmosphere w/natural light. The brand new gourmet kitchen offers beautiful custom cabinetry, all new high end appliances, gorgeous quartz countertops with a custom walnut island. The large master suite has its own separate office or den w/fireplace and a brand new beautiful master bathroom. Three total fireplaces, newer casement windows throughout & new Boiler, new cedar shingle siding (2nd story), newer roof, newer hot water heater, new whole home humidifier are just a few of the new amenities to mention. Located in a front yard neighborhood nestled on a corner lot with a circular drive makes coming and going easy! All of this AND located in Gaslight Village with an easy walk or bike ride to schools, restaurants & shopping. Truly Captivating!!
Any and all offers due by Sunday 6/21 at 5pm.

Last Agent to Sell the Property

Janet Romanowski Realtor

Greenridge Realty (EGR) License #6501327065 Listed on: 06/18/2020

Last Buyer's Agent

Wyatt Martin

Greenridge Realty (EGR)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,581

Year Built

  • Built in 1928

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 167x66
  • Decorative Fence
  • Shrub
  • Corner Lot: Yes
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Garden Windows
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,581

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Tudor
  • Stories: 2
  • Year Built: 1928
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 167x66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3208.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 12581.31
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 3.0
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Decor Fence: Yes
  • Windows:Storms: Yes
  • Additional Items:Wet Bar: Yes
  • Heat Type:Steam: Yes
  • Additional Items:Guest Quarters: Yes
  • General Property Info:SqFt Above Grade: 3208.0
  • Laundry Features Laundry Chute: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style:Tudor: Yes
  • Flooring Stone Floor: Yes
  • Air Conditioning:Attic Fan: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Stone, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Guest Quarters, Wet Bar, Center Island, Pantry
  • Fireplace Features: Den, Living Room, Primary Bedroom, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 3208.0
  • Window Features: Storms, Screens, Replacement, Garden Window
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Garden Window: Yes
  • Fireplace:DenStudy: Yes

Exterior Features

  • Construction Materials: Brick, Stone, Stucco
  • List Price: 725000.0
  • Lot Features: Corner Lot, Level, Sidewalk
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:Stone: Yes
  • Exterior Material:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling: Yes
  • Heating: Steam
  • Heating: Yes
  • Laundry Features: Laundry Chute
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 167x66
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12581.31
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 24, 2020
Sold by
Sherrill Andrew J and Sherrill Elaina D
Bought by
Fulghum Jordan
Seller's Agent
Janet Romanowski Realtor
Greenridge Realty (EGR)
Buyer's Agent
Wyatt Martin
Greenridge Realty (EGR)
List Price
$725,000
Sold Price
$752,000
Premium/Discount to List
$27,000
3.72%
Current Estimated Value
$1,180,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,333
Avg. Annual Appreciation
9.07%
Original Mortgage
$460,400
Outstanding Balance
$408,252
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$772,081

Purchase Details

Listed on
Mar 3, 2016
Closed on
Aug 4, 2016
Sold by
White Sharon J
Bought by
Sherrill Andrew J and Sherrill Elaina D
Seller's Agent
Jane Zawacki
Greenridge Realty (EGR)
Buyer's Agent
Janet Romanowski Realtor
Greenridge Realty (EGR)
List Price
$539,900
Sold Price
$509,000
Premium/Discount to List
-$30,900
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$407,200
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1992
Bought by
White Sharon J and White Sharon J
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
Fulghum Jordan $752,000 Chicago Title Of Mi Inc
Sherrill Andrew J $509,000 Chicago Title
White Sharon J $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulghum Jordan $460,400
Previous Owner Sherrill Andrew J $407,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $752,000 +3.7% $234 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $725,000 +42.4% $226 / Sq Ft
08/05/2016 08/05/16 Sold $509,000 -5.7% $159 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $539,900 -- $168 / 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 $17,740 $448,000 $0 $0
2024 $17,740 $453,800 $0 $0
2023 $18,239 $414,600 $0 $0
2022 $17,286 $369,400 $0 $0
2021 $16,535 $343,500 $0 $0
2020 $11,895 $318,200 $0 $0
2019 $12,581 $290,700 $0 $0
2018 $12,381 $269,200 $0 $0
2017 $15,030 $277,000 $0 $0
2016 $7,620 $247,500 $0 $0
2015 -- $247,500 $0 $0
2013 -- $218,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20022611

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-128-009