NOT LISTED FOR SALE

Estimated Value: $198,000 - $260,000

4 Beds
3 Baths
2,001 Sq Ft
$119/Sq Ft Est. Value

About This Home

This home is located at 611 Franklin St SE, Grand Rapids, MI 49507 and is currently estimated at $238,889, approximately $119 per square foot. 611 Franklin St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, Alger Middle School, and Ottawa Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Mende Terver Akem
Bought by
Akem Terver
Current Estimated Value
$238,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,240
Outstanding Balance
$94,351
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$136,174

Purchase Details

Closed on
Oct 10, 2023
Sold by
Terra Services Llc
Bought by
Mende Terver Akem

Purchase Details

Closed on
Dec 28, 2022
Sold by
Mende Terver Akem
Bought by
Terra Services Llc

Purchase Details

Closed on
May 7, 2012
Sold by
Mende Terver Akem and Mende Tarver Akem
Bought by
Mende Terver Akem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,300
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2005
Sold by
Naves Samar N
Bought by
Wells Fargo Bank Na and Park Place Securities Inc Asset Backed P

Purchase Details

Closed on
Apr 28, 2005
Sold by
Chaffin George M
Bought by
Naves Samar N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Cross Dorothy
Bought by
Chaffin George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,750
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2003
Sold by
Cross Dorothy
Bought by
Chaffin George M
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.

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ICE

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First American

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Quantarium

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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
Akem Terver -- None Listed On Document
Mende Terver Akem -- None Listed On Document
Terra Services Llc -- --
Mende Terver Akem -- Chicago Title
Mende Terver Akem -- Chicago Title
Wells Fargo Bank Na $93,884 None Available
Naves Samar N $110,000 --
Chaffin George M $25,000 --
Chaffin George M $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akem Terver $99,240
Previous Owner Mende Terver Akem $25,300
Previous Owner Akem Terver Ter Mende $2,000
Previous Owner Mende Tarver Akem $22,300
Previous Owner Naves Samar N $88,000
Previous Owner Chaffin George M $19,750
Previous Owner Chaffin George M $64,400
Closed Chaffin George M $0
Source: Public Records

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 $4,438 $112,100 $0 $0
2024 $4,438 $101,300 $0 $0
2023 $4,456 $89,000 $0 $0
2022 $1,613 $73,800 $0 $0
2021 $1,323 $66,300 $0 $0
2020 $1,273 $57,100 $0 $0
2019 $1,647 $46,700 $0 $0
2018 $1,536 $38,400 $0 $0
2017 $1,241 $32,200 $0 $0
2016 $1,626 $28,500 $0 $0
2015 $1,180 $28,500 $0 $0
2013 -- $27,200 $0 $0
Source: Public Records

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