NOT LISTED FOR SALE

568 Ferris St NW Grand Rapids, MI 49544

Estimated Value: $306,000 - $342,000

3 Beds
2 Baths
1,620 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $115,000 $71 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,887/month

97 Days on Market

Highlights

  • 1 Car Attached Garage
  • Baseboard Heating
  • 1-Story Property

About This Home

As of October 2015

This is a HUD Home, sold AS-IS by electronic bid only. Equal Housing Opportunity. All bids must be submitted through a registered HUD approved real estate agent. Buyer to verify all listing information. For property conditions, lead based paint notices, additional forms, disclosures and availability, see website in agent remarks. Agents, please refer to Agent Comments section for additional details. New HUD Homes listed daily! All bidders must have lender pre-qualification letter.

Last Agent to Sell the Property

John Henderson

J T Henderson & Assoc LLC License #6502331223 Listed on: 07/10/2015

Co-Listed By

Ruth Henderson

Best Homes of Michigan LLC License #6506047280

Last Buyer's Agent

Robin Maslowski

616 Realty LLC License #6501246000

616 Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,975

Year Built

  • Built in 1957

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 76x319

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,975

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 64.81
  • General Property Info:Lot Dimensions: 76x319
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1620.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1975.0
  • Tax Info:Zoning3: Residential
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1620.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1620.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 105000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Dimensions: 76x319
  • Lot Size Sq Ft: 23958.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1975.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Oct 20, 2015
Sold by
The Secretary Housing & Urban Developmen
Bought by
Erlewein Matthew and Erlewein Sarah
Seller's Agent
John Henderson
J T Henderson & Assoc LLC
Buyer's Agent
Robin Maslowski
616 Realty LLC
List Price
$105,000
Sold Price
$115,000
Premium/Discount to List
$10,000
9.52%
Current Estimated Value
$320,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,678
Avg. Annual Appreciation
10.69%
Original Mortgage
$113,259
Outstanding Balance
$88,685
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$235,133

Purchase Details

Closed on
Mar 10, 2015
Sold by
Fifth Third Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 3, 2014
Sold by
Escobar Quintana Marco A and Figueroa Maria D
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Aug 3, 2012
Sold by
Escobar Quintana Marco A and Figueroa Maria D
Bought by
Figueroa Maria D

Purchase Details

Listed on
Feb 15, 2012
Closed on
Apr 11, 2012
Sold by
Fannie Mae
Bought by
Escobar Quintana Marco Antonio
Seller's Agent
Aaron Metaj
Sterling Realty Services Inc.-I
Buyer's Agent
Fernando Garcia
Lake Michigan Realty Mgmt
List Price
$79,999
Sold Price
$80,000
Premium/Discount to List
$1
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$77,972
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2011
Sold by
North Jason C and North Angie C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2006
Sold by
Krueger Stephen E and Krueger Phyllis J
Bought by
North Jason C and North Angie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,120
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1999
Sold by
Luyster Jonathan I
Bought by
Krueger Stephen E and Figueroa Maria D
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
Erlewein Matthew $115,350 Transnation Title Agency Mi
The Secretary Of Housing & Urban Develop -- Attorney
Fifth Third Mortgage Company $80,364 None Available
Figueroa Maria D -- None Available
Escobar Quintana Marco Antonio $80,000 E Title Agency Inc
Federal National Mortgage Association $120,299 None Available
North Jason C $148,900 None Available
Krueger Stephen E $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erlewein Matthew $113,259
Previous Owner Escobar Quintana Marco Antonio $77,972
Previous Owner North Jason C $119,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2015 10/15/15 Sold $115,000 +9.5% $71 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $105,000 +31.3% $65 / Sq Ft
04/11/2012 04/11/12 Sold $80,000 0.0% $38 / Sq Ft View Prior Sale
02/27/2012 02/27/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $79,999 -- $38 / Sq Ft
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 $2,420 $160,900 $0 $0
2024 $2,420 $132,400 $0 $0
2023 $2,324 $115,900 $0 $0
2022 $2,500 $108,100 $0 $0
2021 $2,436 $99,000 $0 $0
2020 $2,138 $93,900 $0 $0
2019 $3,480 $87,100 $0 $0
2018 $2,312 $82,800 $0 $0
2017 $2,247 $78,400 $0 $0
2016 $2,375 $75,900 $0 $0
2015 $1,766 $75,900 $0 $0
2013 -- $65,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15036814

MichRIC

APN: 41-13-12-128-003