NOT LISTED FOR SALE

5859 Ridgebrook Ave SE Grand Rapids, MI 49508

Ridgebrook Neighborhood

Estimated Value: $335,150 - $358,000

-- Bed
2 Baths
-- Sq Ft
7,045 Sq Ft Lot

Last Sold February 21, 2020

Last sale price $206,000

Est. 61% increase in value since last sale

Current estimated payment $2,140/month

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Doors are 36 inches wide or more
  • East Kentwood High School Rated A-

About This Home

As of February 2020

Great side by side classic ranch style duplex with 3 beds, 1 bath per side and attached 2 car garage as well as fenced back yard. Updates include low maintenance vinyl siding exterior, newer Pella Windows & newer slider doors (2011-2014), new gutters 2014, new roof 2015 (complete tear off and replacement), updated electrical panel in 5859 in 2016, and super insulated attic with now a full 16 inches of blown-in cellulose insulation, new baffles, and new bathroom fan ventilation ducts Jan 2020. Each unit has all of its own full size kitchen appliances, furnace, 40 gallon water heater, and private gas and electric meter billed to tenants directly. New front lawn planted in 2019 as well.

Last Agent to Sell the Property

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 01/23/2020

Last Buyer's Agent

John Cremer

Five Star Real Estate (Grandv) License #6502418398 Listed on: 01/23/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1968

Lot Details

  • 7,045

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Cable TV Available

Additional Features

  • Natural lighting in basement
  • Doors are 36 inches wide or more
  • 7,045 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Gross Income $23,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,969

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo
  • Basement: Daylight

Exterior Features

  • List Price: 206000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7045.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 23400.0
  • Insurance Expense: 1000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2969.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 21, 2020
Sold by
Ridgebrook Llc
Bought by
Page Shaun
Seller's Agent
John Cremer
Five Star Real Estate (Grandv)
Buyer's Agent
John Cremer
Five Star Real Estate (Grandv)
List Price
$206,000
Sold Price
$206,000
Current Estimated Value
$332,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,126
Avg. Annual Appreciation
8.78%
Original Mortgage
$154,500
Outstanding Balance
$109,596
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$216,910

Purchase Details

Closed on
Apr 21, 2006
Sold by
Levasseur Brian M and Levasseur Carole A
Bought by
Ridge Brook Llc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Montsma Tom and Montsma Susan
Bought by
Levasseur Brian M and Levasseur Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Page Shaun $206,000 Star Title Agency Llc
Ridge Brook Llc -- None Available
Levasseur Brian M $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Shaun $154,500
Previous Owner Levasseur Brian M $121,600
Previous Owner Montsma Thomas $400,000
Previous Owner Tom Montsma Builders Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $206,000 0.0% --
01/23/2020 01/23/20 For Sale $206,000 -- --
01/22/2020 01/22/20 Pending -- -- --
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 $3,976 $141,700 $0 $0
2024 $3,976 $127,500 $0 $0
2023 $4,901 $123,000 $0 $0
2022 $4,649 $85,000 $0 $0
2021 $4,537 $81,000 $0 $0
2020 $2,196 $72,900 $0 $0
2019 $2,969 $65,600 $0 $0
2018 $2,993 $59,900 $0 $0
2017 $2,921 $56,200 $0 $0
2016 $2,851 $52,400 $0 $0
2015 $2,781 $52,400 $0 $0
2013 -- $50,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Cremer

    Seller's Agent in 2020

    John Cremer

    Five Star Real Estate (Grandv)

    (616) 437-9166

    1 in this area

    674 Total Sales

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20002648

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-451-005

Michigan Kent County Grand Rapids 49508 Ridgebrook

5859 Ridgebrook Ave SE, Grand Rapids, MI

This home is located at 5859 Ridgebrook Ave SE, Grand Rapids, MI 49508 since 23 January 2020 and is currently estimated at $350,038. This property was built in 1968. 5859 Ridgebrook Ave SE is a home located in Kent County with nearby schools including Glenwood Elementary School, Valleywood 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes