NOT LISTED FOR SALE

5850 Promise Dr SE Grand Rapids, MI 49508

Princeton Estates Neighborhood

Estimated Value: $320,914 - $369,000

3 Beds
2 Baths
1,897 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $117,000 $62 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,006/month

81 Days on Market

Highlights

  • Attached Garage
  • Shed
  • Ceiling Fan
  • East Kentwood High School Rated A-
  • Humidifier

About This Home

As of January 2014

Nice 3 bedroom, 2 bath home located in a great neighborhood. Close to M6, Discovery Elementary, movies, shopping and dinning. Was a 4 bedroom, could easily be turned back into a 4 bedroom. Just add one wall and door. Newer appliances, and carpet. Roof is 3 years old. All information to be verified.

Last Agent to Sell the Property

ERIC FOX

Independence Realty (Main) License #6501333068 Listed on: 09/12/2013

Last Buyer's Agent

Elizabeth Omiljan

Weichert REALTORS Plat (Main) License #6501367875

Weichert REALTORS Plat (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 1985

Lot Details

  • 8,712

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,897 Sq Ft Home
  • Ceiling Fan
  • Natural lighting in basement

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Humidifier
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Shed
  • 8,712 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,483

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Oven, Refrigerator
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Humidifier
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight
  • LivingArea: 1897.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 119999.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Jan 6, 2014
Sold by
Morris Steven
Bought by
Bueche Michael
Seller's Agent
ERIC FOX
Independence Realty (Main)
Buyer's Agent
Elizabeth Omiljan
Weichert REALTORS Plat (Main)
List Price
$129,900
Sold Price
$117,000
Premium/Discount to List
-$12,900
-9.93%
Current Estimated Value
$339,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,229
Avg. Annual Appreciation
9.11%
Original Mortgage
$111,150
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 17, 2013
Sold by
Morris Steven
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 30, 2008
Sold by
Wells Fargo Bank Na
Bought by
Department Of Veterans Affairs

Purchase Details

Closed on
Oct 22, 2008
Sold by
Horne David V
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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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
Bueche Michael $117,000 None Available
Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $94,299 None Available
Department Of Veterans Affairs -- None Available
Wells Fargo Bank Na $118,976 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bueche Michael $111,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2014 01/09/14 Sold $117,000 -9.9% $62 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $129,900 -- $68 / 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 $2,483 $138,600 $0 $0
2024 $2,483 $129,100 $0 $0
2023 $2,644 $113,300 $0 $0
2022 $2,475 $98,700 $0 $0
2021 $2,425 $92,900 $0 $0
2020 $2,012 $87,500 $0 $0
2019 $2,370 $76,200 $0 $0
2018 $2,319 $70,900 $0 $0
2017 $2,285 $64,000 $0 $0
2016 $2,213 $59,300 $0 $0
2015 $2,136 $59,300 $0 $0
2013 -- $56,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    ERIC FOX

    Independence Realty (Main)

    (616) 828-7265

    5 Total Sales

    ERIC FOX
    Section Image

  • E

    Buyer's Agent in 2014

    Elizabeth Omiljan

    Weichert REALTORS Plat (Main)

    (616) 745-5268

    32 Total Sales

    Elizabeth Omiljan
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13053900

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-435-012

Michigan Kent County Grand Rapids 49508 Princeton Estates

5850 Promise Dr SE, Grand Rapids, MI

This home is located at 5850 Promise Dr SE, Grand Rapids, MI 49508 since 12 September 2013 and is currently estimated at $339,229, approximately $178 per square foot. This property was built in 1985. 5850 Promise Dr SE is a home located in Kent County with nearby schools including Discovery Elementary School, Pinewood Middle School, and East Kentwood Freshman Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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