NOT LISTED FOR SALE

587 Ferris St NW Grand Rapids, MI 49544

Estimated Value: $255,000 - $321,000

4 Beds
2 Baths
1,724 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $185,400 $108 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,771/month

13 Days on Market

Highlights

  • Deck
  • Corner Lot: Yes
  • 2 Car Detached Garage
  • Farmhouse Style Home
  • Mud Room
  • Eat-In Kitchen

About This Home

As of June 2020

Updated 4 bedroom, 2 bath farm home on oversized lot in Kenowa Hills School district. As you walk in to the large living room opening to spacious dining area and kitchen with snack bar and all appliances - you will feel right at home. So much space to entertain and relax. Large back entrance with mudroom space and main level laundry. Master bedroom on the main level is a bonus with large full bath. Upstairs you will find 3 large bedrooms with walk in closets and another full bath with tub/shower. The detached 2-stall garage is very handy to the back mudroom entrance.

Last Agent to Sell the Property

Mitch Cripe

Coldwell Banker Schmidt Realtors Listed on: 05/03/2020

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Shelly Abbott

Ladd Realty Company - I

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 94.28x139
  • Shrub
  • Corner Lot: Yes
  • Property is zoned 401-Res, 401-Res

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Mud Room
  • Family Room
  • Dining Room
  • Basement
  • Michigan Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 110.15
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 94.28x139
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1724.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1950.0
  • Tax Info:Zoning3: 401-Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1724.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1724.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 948.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • List Price: 189900.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 94.28x139
  • Lot Size Sq Ft: 13112.0
  • Zoning Description: 401-Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1950.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 30, 2020
Sold by
Anderson Charles
Bought by
Loveland Jerry and Loveland Susan
Seller's Agent
Mitch Cripe
Coldwell Banker Schmidt Realtors
Buyer's Agent
Shelly Abbott
Ladd Realty Company - I
List Price
$189,900
Sold Price
$185,400
Premium/Discount to List
-$4,500
-2.37%
Current Estimated Value
$300,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,566
Avg. Annual Appreciation
8.48%
Original Mortgage
$182,041
Outstanding Balance
$161,721
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$127,863

Purchase Details

Listed on
May 3, 2020
Closed on
May 14, 2020
Sold by
Anderson Anne Renae
Bought by
Anderson Charles Arthur
Seller's Agent
Mitch Cripe
Coldwell Banker Schmidt Realtors
Buyer's Agent
Shelly Abbott
Ladd Realty Company - I
List Price
$189,900
Sold Price
$185,400
Premium/Discount to List
-$4,500
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,041
Outstanding Balance
$161,721
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$127,863

Purchase Details

Closed on
Mar 4, 2016
Sold by
Maidens Howard and Maidens Linda
Bought by
Anderson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2011
Sold by
Gibson David C and Nash Gibson Beverlyann
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 10, 1996
Sold by
Heemstra Joan M
Bought by
Gibson Briandavid C and Gibson Beverlyann

Purchase Details

Closed on
Jan 14, 1993
Bought by
Heemstra Joan M and Maidens Howard
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
Loveland Jerry $185,400 Chicago Title Of Michigan In
Anderson Charles Arthur -- None Available
Anderson Charles $130,000 Chicago Title Of Mi Inc
The Bank Of New York Mellon $135,771 None Available
Gibson Briandavid C $83,900 --
Heemstra Joan M $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loveland Jerry $182,041
Previous Owner Anderson Charles $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $185,400 -2.4% $108 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $189,900 +322.0% $110 / Sq Ft
07/23/2012 07/23/12 Sold $45,000 +12.5% $26 / Sq Ft View Prior Sale
06/25/2012 06/25/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $40,000 -- $23 / 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 $2,284 $131,500 $0 $0
2024 $2,284 $108,700 $0 $0
2023 $2,191 $94,600 $0 $0
2022 $2,358 $88,200 $0 $0
2021 $2,297 $81,000 $0 $0
2020 $1,767 $77,000 $0 $0
2019 $1,911 $71,700 $0 $0
2018 $1,911 $67,100 $0 $0
2017 $1,860 $62,900 $0 $0
2016 $1,487 $59,500 $0 $0
2015 $2,387 $59,500 $0 $0
2013 -- $52,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Cripe

    Seller's Agent in 2020

    Mitch Cripe

    Coldwell Banker Schmidt Realtors

    (616) 292-2637

    1 in this area

    209 Total Sales

    Mitch Cripe
    Section Image

  • S

    Buyer's Agent in 2020

    Shelly Abbott

    Ladd Realty Company - I

  • D

    Seller's Agent in 2012

    Dan Farkas

    1st Advantage Realty

    (616) 437-1011

    4 in this area

    87 Total Sales

    Dan Farkas
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Christopher VanderWal

    Agent History

See All Agents

Map

Source: MichRIC

MLS Number: 20014193

MichRIC

APN: 41-13-12-103-011

Michigan Kent County Grand Rapids 49544

587 Ferris St NW, Grand Rapids, MI

Not Listed for Sale

Detached

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