$265,000
SOLD JAN 13, 2022
2 Beds
1 Bath
1,569 Sq Ft
$337/mo HOA Fee

Recently Sold

$169 Per Sq Ft

4% Below List Price

44 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Home Security System
  • Home Gym
  • Living Room
  • Central Air

About This Home

As of August 2024

Welcome to 7th Street Lofts! New to the market, this two-bedroom, one-bath condo is one of the largest two-bedroom condo units in the downtown Grand Rapids area, with 1,569 finished sq ft. The development is located on GR's up-and-coming West Side and just minutes from shops, restaurants, Bridge St. Market, and more. As you enter the unit, you're sure to notice the updated open-concept kitchen with granite counters & stainless-steel appliances that overlooks the large living/dining room area with tall ceilings, rustic wood beams, a brick feature wall, & large south-facing windows that provide great natural light. Those areas, in addition to a bonus area, which would be great for an office or den, all feature low-maintenance luxury vinyl plank flooring. The spacious primary bedroom also has large south-facing windows. A 2nd bedroom updated full bathroom, laundry area, and large walk-in storage closet complete the space. Other extras include a designated outdoor parking space in a secure lot, Roots Brew Shop on the main floor of the building, elevator, enclosed rooftop deck with patio furniture & grill, workout/gym area, in addition to a common gathering area with TV and kitchenette steps from the unit. Call today to schedule a showing!

Last Agent to Sell the Property

Arthur(beau) Otis

Greenridge Realty (Cascade) License #6506045982 Listed on: 10/31/2021

Last Buyer's Agent

Rebecca Zahm

Bellabay Realty (North) License #6501389641

Bellabay Realty (North)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1918

HOA Fees

  • $337 Monthly HOA Fees

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Home Gym
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, sewer

Amenities

  • Meeting Room
  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1918

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1918
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Elevator, Security System
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 1569.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • List Price: 269900.0
  • Lot Features: Sidewalk
  • Other Structures: High-Speed Internet
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Meeting Room
  • Association Fee: 337.19
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Sewer

Lot Info

  • Zoning Description: 407 RES CONDOS
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6916.67
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Aug 27, 2024
Sold by
Depaoli Renata and Depaoli Linus
Bought by
Shiemke Anastasia
Seller's Agent
Rebecca Zahm
Bellabay Realty (North)
Buyer's Agent
Laura Cole
Keller Williams GR East
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Views
29
Current Estimated Value
$304,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,775
Avg. Annual Appreciation
4.11%
Original Mortgage
$165,000
Outstanding Balance
$163,697
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$141,078

Purchase Details

Listed on
Oct 31, 2021
Closed on
Jan 13, 2022
Sold by
Blough Properties Mkb Holdings Llc
Bought by
Depaoli Linus and De Paoli Renata
Seller's Agent
Arthur(beau) Otis
Greenridge Realty (Cascade)
Buyer's Agent
Rebecca Zahm
Bellabay Realty (North)
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$265,000
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 Lighthouse Title
Warranty Deed $265,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $265,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $295,000 -4.8% $184 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $310,000 +17.0% $194 / Sq Ft
01/13/2022 01/13/22 Sold $265,000 -3.6% $169 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $275,000 +11.8% $175 / Sq Ft
02/21/2018 02/21/18 Sold $246,000 -1.6% $157 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $250,000 -- $159 / 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 $3,976 $143,500 $0 $0
2024 $3,976 $125,400 $0 $0
2023 $3,916 $122,800 $0 $0
2022 $4,135 $122,800 $0 $0
2021 $6,886 $134,000 $0 $0
2020 $6,656 $142,700 $0 $0
2019 $6,815 $127,700 $0 $0
2018 $6,442 $121,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21113166

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-317-020