$509,000
SOLD AUG 5, 2016

555 Locust Ave SE Grand Rapids, MI 49506

4 Beds
3.5 Baths
3,208 Sq Ft
0.25 Acres

Recently Sold

$159 Per Sq Ft

6% Below List Price

83 Days on Market

Highlights

  • Maid or Guest Quarters
  • Fireplace in Primary Bedroom
  • Tudor Architecture
  • East Grand Rapids High School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of July 2020

This Beautiful English Tutor was built in the 1920's. This large home right in the heart of the village has such charming qualities combined with a spacious feel. 4 bedrooms and 3 full baths upstairs. Fabulous private corner lot with lots of outdoor patios and nice yard. Large rooms, with tall ceilings. The sunken living room has exposed beams and limestone fireplace fit for today's lifestyle. 3 fireplaces, beautiful hardwood floors throughout, lovely doors and doorways throughout the home. Architect is Wallace Frost who did a lot of homes in Birmingham and Grosse Pointe. This is a special opportunity for a buyer. The home has tons of curb appeal, and has had very few owners.

Last Agent to Sell the Property

Jane Zawacki

Greenridge Realty (EGR) License #6501272019 Listed on: 03/03/2016

Last Buyer's Agent

Janet Romanowski Realtor

Greenridge Realty (EGR) License #6501327065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,900

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
  • Wood Roof
  • Shingle Siding
  • Stucco
  • Stone

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Desk
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Garden Windows
  • Window Screens
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Partial Basement
  • Attic Fan
  • Storm Windows

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,900

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
  • General Property Info:Design: Tudor
  • Tax Info:Annual Property Tax: 6900.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Garage Type Attached: Yes
  • Manufactured:Manufactured YN: No
  • 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
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): 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
  • Additional Items:Ceramic Floor: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Wood Floor: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Decor Fence: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Additional Items:Stone Floor: Yes
  • Windows:Storms: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Wet Bar: Yes
  • Heat Type:Steam: Yes
  • Additional Items:Laundry Chute: Yes
  • Additional Items:Attic Fan: Yes
  • Additional Items:Guest Quarters: Yes
  • Roofing:Wood: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Built in Oven, Cook Top, Dishwasher, Range, Refrigerator
  • Interior Amenities: Attic Fan, Ceiling Fans, Ceramic Floor, Garage Door Opener, Guest Quarters, Laundry Chute, Stone Floor, Wet Bar, Whirlpool Tub, Wood Floor
  • Fireplace Features: Wood Burning, Primary Bedroom, Living, Den/Study
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • LivingArea: 3208.0
  • Window Features: Storms, Screens, Replacement
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Appliances:Cook Top: Yes
  • Kitchen Features:Garden Window: Yes
  • Fireplace:DenStudy: Yes

Exterior Features

  • Construction Materials: Shingle Siding, Brick, Stone, Stucco
  • List Price: 519900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Wood
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:Stone: Yes
  • Exterior Material:Shingle Siding: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 11022.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6900.0
  • Tax Year: 2015

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
$1,088,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,736
Avg. Annual Appreciation
7.52%
Original Mortgage
$460,400
Outstanding Balance
$411,874
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$670,326

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $752,000 Chicago Title Of Mi Inc
Warranty Deed $509,000 Chicago Title
Warranty Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,400 New Conventional
Previous Owner $407,200 New Conventional
Previous Owner $50,900 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
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: 15034554

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-128-009