NOT LISTED FOR SALE

653 Lake Dr SE Grand Rapids, MI 49503

East Hills Neighborhood

Estimated Value: $386,000 - $461,000

-- Bed
-- Bath
-- Sq Ft
5,706 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $390,000

Est. 8% increase in value since last sale

Current estimated payment $2,906/month

5 Days on Market

Highlights

  • 1 Fireplace
  • 3 Car Garage
  • 1-minute walk to Baldwin Park
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of June 2023

Welcome to 653 Lake Dr! Substantial 2 Unit Investment Property in the hottest part of town! Large 1200 sq/ft+ 2 Bedroom 1 Bath units with 10 foot ceilings and an abundance of natural light. Generously sized living spaces and bedrooms, hardwood floors, separate utilities, shared laundry and off street parking with 2 stall garage. Walkable to all the popular neighborhoods and located right on the bus line. Small private backyard and large front porch to boot! Offers due Tuesday 6/6 at Noon

Last Agent to Sell the Property

Dan Steffee

Green Crown Real Estate LLC License #6506049140 Listed on: 06/01/2023

Last Buyer's Agent

Justin Blevins

RE/MAX of Grand Rapids (FH) License #6506049298

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1894

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 60x90x60x102

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,059

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1894
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x90x60x102
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5059.19
  • Tax Info:Zoning3: RES MU
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: 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
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 389900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 60x90x60x102
  • Lot Size Sq Ft: 5706.0
  • Zoning Description: RES MU
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5059.19
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 30, 2023
Sold by
Weiss Matt and Weiss Jenna
Bought by
Schalk Natalie Lynn and Schalk Kevin
Seller's Agent
Dan Steffee
Green Crown Real Estate LLC
Buyer's Agent
Justin Blevins
RE/MAX of Grand Rapids (FH)
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%
Views
2
Current Estimated Value
$419,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,926
Avg. Annual Appreciation
2.57%
Original Mortgage
$292,500
Outstanding Balance
$285,532
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$126,508

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 3, 2022
Sold by
Matt Weiss
Bought by
Weiss Matt and Weiss Jenna
Seller's Agent
Kurt Freund
Keller Williams GR North (Main)
Buyer's Agent
Dan Steffee
Green Crown Real Estate LLC
List Price
$319,900
Sold Price
$335,000
Premium/Discount to List
$15,100
4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Listed on
Jan 19, 2022
Closed on
Jan 31, 2022
Sold by
Kurt Freund
Bought by
Weiss Matt
Seller's Agent
Kurt Freund
Keller Williams GR North (Main)
Buyer's Agent
Dan Steffee
Green Crown Real Estate LLC
List Price
$319,900
Sold Price
$335,000
Premium/Discount to List
$15,100
4.72%

Purchase Details

Closed on
Aug 8, 2016
Sold by
Quick Howard N
Bought by
Seward Stephen and Freund Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1995
Sold by
Moredick Moredick A A and Moredick Quick H
Bought by
Quick Quick H and Quick Howard N

Purchase Details

Closed on
Jun 28, 1995
Bought by
Quick Moredick A and Quick Howard N

Purchase Details

Closed on
May 29, 1992
Sold by
Oleck Etl and Oleck Moredick
Bought by
Quick Howard N

Purchase Details

Closed on
Feb 21, 1992
Bought by
Quick Howard N

Purchase Details

Closed on
May 12, 1989
Bought by
Quick Howard N

Purchase Details

Closed on
May 2, 1985
Bought by
Quick Howard N

Purchase Details

Closed on
Apr 30, 1985
Bought by
Quick Howard N
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
Schalk Natalie Lynn $390,000 None Listed On Document
Weiss Matt -- None Listed On Document
Weiss Matt $335,000 None Listed On Document
Seward Stephen $87,000 Sun Title Agency Of Mi Llc
Quick Quick H $78,500 --
Quick Moredick A $75,900 --
Quick Howard N $75,900 --
Quick Howard N $74,000 --
Quick Howard N $54,200 --
Quick Howard N $47,000 --
Quick Howard N $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schalk Natalie Lynn $292,500
Previous Owner Seward Stephen $65,250
Previous Owner Quick Howard N $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $390,000 0.0% --
06/06/2023 06/06/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $389,900 +16.4% --
01/31/2022 01/31/22 Sold $335,000 +4.7% --
01/21/2022 01/21/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $319,900 -- --
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 $7,417 $200,500 $0 $0
2024 $7,417 $181,800 $0 $0
2023 $7,789 $151,700 $0 $0
2022 $5,052 $137,900 $0 $0
2021 $4,922 $130,100 $0 $0
2020 $4,757 $124,600 $0 $0
2019 $4,722 $111,700 $0 $0
2018 $4,722 $103,000 $0 $0
2017 $4,606 $77,300 $0 $0
2016 $2,548 $70,400 $0 $0
2015 $2,405 $70,400 $0 $0
2013 -- $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Steffee

    Seller's Agent in 2023

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    5 in this area

    111 Total Sales

    Dan Steffee
    Section Image
  • Justin Blevins

    Buyer's Agent in 2023

    Justin Blevins

    RE/MAX Michigan

    (616) 283-7811

    1 in this area

    100 Total Sales

    Justin Blevins
    Section Image

  • K

    Seller's Agent in 2022

    Kurt Freund

    Keller Williams GR North (Main)

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23018309

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-426-014

Michigan Kent County Grand Rapids 49503 East Hills

653 Lake Dr SE, Grand Rapids, MI

This home is located at 653 Lake Dr SE, Grand Rapids, MI 49503 since 01 June 2023 and is currently estimated at $419,926. This property was built in 1894. 653 Lake Dr SE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, 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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