NOT LISTED FOR SALE

556 Prospect Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $396,000 - $628,000

4 Beds
1.5 Baths
2,840 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $150,000 $53 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $3,023/month

Highlights

  • Wood Flooring
  • Living Room
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Family Room

About This Home

As of August 2014

One of downtowns hottest real estate markets:Historic Heritage Hill; friendly community-oriented neighborhood w/in walking distance to new downtown market. 1ST FLOOR: Entry, Parlour (12.4X12.5), FDR (12.9X16.3), Large 2-room LR with pillars dividing (12.3X26.4), Kitchen, Half Bath. 2ND:MBR (10.9X22.7), BR with Harry Potter mural (12.7X14), 3rd BR with built-in desk/shelves (13.10X14.3), 4th BR (11.7X10.7), Bath, Office/Nursery/Den (9x8.1). 3RD:Unfinished walkup-tall ceilings that would be great artist studio, Family Room, or In-Home Office. Attic = insulated & has some newer electrical. FEATURES: Character & Charm. Beautiful oak crown molding/dental/trim. Hardwood floors. Some leaded glass windows. Original coal/wood burning fireplace. 2 sets sliding pocket doors. New breaker box 2 yrs. Hi

Last Agent to Sell the Property

Beverly Boerman

Five Star Real Estate (Eastown) License #6502355070 Listed on: 06/28/2014

Five Star Real Estate (Eastown)

Last Buyer's Agent

Peter Westers

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 7,231

Home Design

  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2,840 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1914
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Built in Oven, Cook Top, Dishwasher, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Wood Floor
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 2840.0

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • List Price: 153900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Telephone Line, Cable Connected, Broadband

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2014
Closed on
Aug 22, 2014
Sold by
Brown Mary C
Bought by
Toffoli Aaron M and Toffoli Andrea M
Seller's Agent
Beverly Boerman
Five Star Real Estate (Eastown)
Buyer's Agent
Peter Westers
Five Star Real Estate (Grandv)
List Price
$153,900
Sold Price
$150,000
Premium/Discount to List
-$3,900
-2.53%
Current Estimated Value
$521,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,382
Avg. Annual Appreciation
11.52%
Original Mortgage
$142,500
Outstanding Balance
$46,028
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$475,354

Purchase Details

Closed on
Mar 12, 2014
Sold by
Brown Mary C
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 5, 2003
Sold by
Brown Mary C and Estate Of Jeffrey A Brown
Bought by
Brown Mary C

Purchase Details

Closed on
Nov 27, 1996
Sold by
Andersen Andersen B B and Andersen Brown J
Bought by
Brown Brown J and Brown Mary C

Purchase Details

Closed on
Apr 3, 1989

Purchase Details

Closed on
Mar 9, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toffoli Aaron M $150,000 None Available
Citimortgage Inc $93,395 None Available
Brown Mary C -- --
Brown Brown J $72,500 --
-- $35,000 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toffoli Aaron M $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $150,000 -2.5% $53 / Sq Ft
06/28/2014 06/28/14 For Sale $153,900 -- $54 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
Source: MichRIC

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 $3,750 $248,900 $0 $0
2024 $38 $219,700 $0 $0
2023 $3,592 $193,700 $0 $0
2022 $3,613 $169,000 $0 $0
2021 $3,532 $165,900 $0 $0
2020 $3,377 $156,800 $0 $0
2019 $3,537 $125,700 $0 $0
2018 $3,512 $108,400 $0 $0
2017 $3,390 $97,850 $0 $0
2016 $3,143 $86,400 $0 $0
2015 $2,846 $86,400 $0 $0
2013 -- $146,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beverly Boerman

    Seller's Agent in 2014

    Beverly Boerman

    Five Star Real Estate (Eastown)

    (616) 262-1336

    1 in this area

    34 Total Sales

    Beverly Boerman
    Section Image

  • P

    Buyer's Agent in 2014

    Peter Westers

    Five Star Real Estate (Grandv)

    (616) 262-7288

    97 Total Sales

    Peter Westers
    Section Image
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Map

Source: MichRIC

MLS Number: 14036659

MichRIC

APN: 41-14-31-135-013

Michigan Kent County Grand Rapids 49503 Heritage Hill

556 Prospect Ave SE, Grand Rapids, MI

Not Listed for Sale

Detached

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