NOT LISTED FOR SALE

Estimated Value: $214,692 - $288,000

1 Bed
1 Bath
772 Sq Ft
$178/mo HOA Fee

Last Sold December 31, 2019

Last sale price $173,800 $225 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,711/month

31 Days on Market

Highlights

  • Fitness Center
  • Home Gym
  • Bay Window
  • Meeting Room
  • Elevator
  • Snack Bar or Counter

About This Home

As of December 2019

This is a must see 1 bed/1 bath that has come available in the Seventh Street Lofts. This condominium conversion has this cozy unit with incredible amenities. Located conveniently in between Downtown and the West Side of Grand Rapids for easy access to the highway, main travel roads, grocery shopping and events. This is a rare, spacious unit that has a very affordable price tag. The condo is equipped with exposed beams, large bay window with a beautiful skyline view and a nice layout. The condo comes with one leased parking space in the private lot behind the building and the opportunity to purchase a spot in the covered underground garage. This is a space that does not come around often.

Last Agent to Sell the Property

Brandon Ryan

616 Realty LLC Listed on: 11/04/2019

616 Realty LLC

Last Buyer's Agent

Maria Kauffman

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6506048270

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1920

Lot Details

  • 871

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Home Gym

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Mineral Rights Excluded
  • Interior Unit

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • $357 HOA Transfer Fee
  • Seventh Street Lofts Condos

Amenities

  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,486

Year Built

Built in 1920

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 772.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 3485.6
  • Tax Info:Zoning3: N/A
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: 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
  • Mineral Rights:No: Yes
  • Windows:BayBow: Yes
  • General Property Info:Condo Proj Name: Seventh Street Lofts
  • General Property Info:Entry Type: Common
  • General Property Info:Pets YN: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 772.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Elevator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 772.0
  • Window Features: Bay/Bow
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 180000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Other, Pets Allowed, Fitness Center, Interior Unit, Meeting Room
  • Association Fee: 178.36
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 178.36
  • Association Info:Assoc Buy in Fee: 356.72
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Kurt Hassberger
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Other25: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Interior Unit: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 772.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3485.6
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2019
Sold by
Spaulding Brogan
Bought by
Banaszak Chase
Current Estimated Value
$254,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,040
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 22, 2018
Sold by
Seward And 7Th L L C
Bought by
Spaulding Brogan
Seller's Agent
Steven Volkers
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Jon Lovell
Century 21 Affiliated (GR)
List Price
$180,000
Sold Price
$171,000
Premium/Discount to List
-$9,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$136,800
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Banaszak Chase $173,800 616 Title Agency Of Mi Llc
Spaulding Brogan $171,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banaszak Chase $139,040
Previous Owner Spaulding Brogan $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2019 12/31/19 Sold $173,800 -3.4% $225 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $180,000 +5.3% $233 / Sq Ft
10/22/2018 10/22/18 Sold $171,000 -5.0% $222 / Sq Ft View Prior Sale
09/06/2018 09/06/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $180,000 -- $233 / 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 $2,140 $77,300 $0 $0
2024 $2,140 $67,500 $0 $0
2023 $2,239 $66,100 $0 $0
2022 $2,226 $66,100 $0 $0
2021 $2,456 $72,200 $0 $0
2020 $2,535 $76,900 $0 $0
2019 $2,431 $69,100 $0 $0
2018 $3,486 $65,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19053555

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-317-018