NOT LISTED FOR SALE

622 Franklin St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $198,000 - $220,757

4 Beds
1 Bath
1,695 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $16,005 $9 Per Sq Ft

Est. 1,213% increase in value since last sale

Current estimated payment $1,265/month

4 Days on Market

About This Home

As of April 2012

HUD HOME- Large four bedroom, one bath home features hardwood floors and many updates. Close to shopping and schools. LBP ADDENDUM REQUIRED. DISCLOSURES: EVIDENCE OF DEFECTIVE PAINT, REPAIRS EXCEED $5000. MINIMUM COMMISSION APPLIES: LISITNG BROKER $1250, SELLING BROKER UP TO $1250.

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 03/19/2012

KW Rivertown Hoppough

Last Buyer's Agent

Michael Childress

Childress & Associates Realty License #6502350386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1900

Lot Details

  • 5,227

Home Design

  • 1,695 Sq Ft Home
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,227 Sq Ft Lot
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,366

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1695.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 14000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Rice Lake Llc
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Michael Childress
Childress & Associates Realty
List Price
$14,000
Sold Price
$16,005
Premium/Discount to List
$2,005
14.32%
Current Estimated Value
$210,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,184
Avg. Annual Appreciation
21.28%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 13, 2011
Sold by
Bostwick Patrick W and Bostwick Amanda M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 1, 2009
Sold by
Clark Fork Llc
Bought by
Bostwick Patrick W and Bostwick Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,112
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2006
Sold by
Moody Sarah
Bought by
Truman Capital Mortgage Loan Trust 2004-

Purchase Details

Closed on
Jan 3, 1996
Sold by
Moody Moody J J and Moody S
Bought by
Moody S J and Rice Lake Llc
Source: Public Records

Range of Values:

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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
Rice Lake Llc $16,005 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $51,010 None Available
Bostwick Patrick W $49,000 Lighthouse Title Inc
Truman Capital Mortgage Loan Trust 2004- $54,755 None Available
Moody S J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bostwick Patrick W $48,112
Previous Owner Clark Fork Llc $51,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2012 04/18/12 Sold $16,005 +14.3% $9 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $14,000 -- $8 / 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 $1,366 $96,700 $0 $0
2024 $1,366 $87,600 $0 $0
2023 $1,355 $74,700 $0 $0
2022 $1,288 $62,300 $0 $0
2021 $1,255 $50,500 $0 $0
2020 $1,213 $44,400 $0 $0
2019 $1,242 $35,000 $0 $0
2018 $1,204 $27,500 $0 $0
2017 $1,175 $22,900 $0 $0
2016 $1,180 $22,000 $0 $0
2015 $1,125 $22,000 $0 $0
2013 -- $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hoppough

    Seller's Agent in 2012

    Cathy Hoppough

    KW Rivertown Hoppough

    (616) 915-2890

    479 Total Sales

    Section Image
  • Michael Childress

    Buyer's Agent in 2012

    Michael Childress

    Childress & Associates Realty

    (616) 893-1672

    167 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12014454

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-426-011

Michigan Kent County Grand Rapids 49503 Madison Area

622 Franklin St SE, Grand Rapids, MI

This home is located at 622 Franklin St SE, Grand Rapids, MI 49507 since 19 March 2012 and is currently estimated at $210,189, approximately $124 per square foot. This property was built in 1900. 622 Franklin St SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills High School.

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.
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