71 Banner St SW Grand Rapids, MI 49507
Garfield Park NeighborhoodEstimated Value: $207,000 - $249,106
4
Beds
2.5
Baths
1,511
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- 0.22 Acre Lot
- 2 Car Detached Garage
- Forced Air Heating System
- Traditional Architecture
About This Home
As of May 2016Great opportunity, handyman special! Near schools,and shopping. Easy access to public transportation and highways.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,027
Year Built
- Built in 1921
Lot Details
- 9,757 Sq Ft Lot
- Lot Dimensions are 74x132
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1,511 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- REO, home is currently bank or lender owned
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2022
Sold by
Kai Investments And Real Estate Llc
Bought by
Torres Eduardo and Duran Lucile
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Outstanding Balance
$75,935
Interest Rate
5.7%
Mortgage Type
Balloon
Estimated Equity
$146,342
Purchase Details
Listed on
Mar 28, 2016
Closed on
Jun 29, 2016
Sold by
Kai Investments & Real Estate Llc
Bought by
Torres Eduardo and Duran Lucila
Seller's Agent
David Pena
Homes 28
Buyer's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
List Price
$37,900
Sold Price
$57,125
Premium/Discount to List
$19,225
50.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Purchase Details
Listed on
Mar 28, 2016
Closed on
May 5, 2016
Sold by
The Huntington National Bank
Bought by
Kai Investments & Real Estate Llc
Seller's Agent
David Pena
Homes 28
Buyer's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
List Price
$37,900
Sold Price
$57,125
Premium/Discount to List
$19,225
50.73%
Purchase Details
Closed on
May 20, 2015
Sold by
Duran Maria E and Duran Guadalupe
Bought by
The Huntington National Bank
Purchase Details
Closed on
May 12, 1994
Sold by
Ebels Ebels D D and Ebels Duran G
Bought by
Duran Guadalupe Maria E
Purchase Details
Closed on
Jul 13, 1984
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Eduardo | $72,000 | None Listed On Document | |
| Torres Eduardo | -- | None Available | |
| Kai Investments & Real Estate Llc | $57,125 | Hbi Title Services Inc | |
| The Huntington National Bank | $47,700 | Attorney | |
| Duran Guadalupe Maria E | $40,900 | -- | |
| -- | $33,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Eduardo | $79,000 | |
| Previous Owner | Duran Guadalupe | $71,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2016 05/06/16 | Sold | $57,125 | +50.7% | $38 / Sq Ft |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- |
| 03/28/2016 03/28/16 | For Sale | $37,900 | -- | $25 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,334 | $122,600 | $0 | $0 |
| 2024 | $1,334 | $107,100 | $0 | $0 |
| 2023 | $1,354 | $93,200 | $0 | $0 |
| 2022 | $1,285 | $70,700 | $0 | $0 |
| 2021 | $1,256 | $58,900 | $0 | $0 |
| 2020 | $1,201 | $53,700 | $0 | $0 |
| 2019 | $1,258 | $47,400 | $0 | $0 |
| 2018 | $1,215 | $38,900 | $0 | $0 |
| 2017 | $1,183 | $31,300 | $0 | $0 |
| 2016 | $1,564 | $31,500 | $0 | $0 |
| 2015 | $960 | $31,500 | $0 | $0 |
| 2013 | -- | $29,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Pena
D
Seller's Agent in 2016
David Pena
Homes 28
(616) 245-7001
16 in this area
108 Total Sales
-
Daniel Peña
D
Seller Co-Listing Agent in 2016
Daniel Peña
Homes 28
(616) 245-7001
6 in this area
44 Total Sales
-
Javier Rodriguez
Buyer's Agent in 2016
Javier Rodriguez
Lake Michigan Realty Mgmt
(616) 559-7979
40 in this area
272 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 16013053
APN: 41-17-12-276-037
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