NOT LISTED FOR SALE

720 Cambridge Blvd SE Grand Rapids, MI 49506

Estimated Value: $1,204,000 - $1,520,000

0.43 Acre
$3,193,951 Price per Acre
18,731 Sq Ft Lot

Last Sold February 09, 2012

Last sale price $254,625

Est. 439% increase in value since last sale

Current estimated payment $8,482/month

449 Days on Market

Highlights

  • High Speed Internet
  • East Grand Rapids High School Rated A
  • Level Lot

About This Lot

As of February 2012

A rare opportunity to build your dream home among some of East Grand Rapids most character-filled homes. This large 90'x 206' lot is located within walking distance of Gas Light Village, on the tree-lined boulevard section of Cambridge Avenue. It offers the perfect setting for new construction. Award-winning Architect Wayne Visbeen has completed a one-of-a-kind design for this large lot that complements the character of the street, both inside and out. Plans include a stone and shingle clad home with a walk-up front porch, private rear screened- in porch,side-loaded two-stall garage with underground storage for two additional cars, an open floor plan with 5 bedrooms, 4.5 baths, numerous built-ins, and centrally located four-sided fireplace.

Last Agent to Sell the Property

John Green

Agent History Listed on: 10/26/2010

Last Buyer's Agent

John Green

Agent History Listed on: 10/26/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,400

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 90x206
  • Level Lot
  • Cleared Lot

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$14,400

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 90x206
  • General Property Info:Waterfront3: No
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cleared: Yes
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 274900.0
  • Lot Features: Level, Cleared, Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: None Connected, Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 90x206
  • Lot Size Sq Ft: 18540.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2010
Closed on
Feb 7, 2012
Sold by
Winkel Andrew T and Winkel Erin K
Bought by
Buth Dirk A and Buth Lisa S
Seller's Agent
John Green
Agent History
Buyer's Agent
John Green
Agent History
List Price
$375,000
Sold Price
$254,625
Premium/Discount to List
-$120,375
-32.1%
Current Estimated Value
$1,373,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,118,774
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
May 15, 2008
Sold by
Cook Warren
Bought by
Winkel Andrew T and Winkel Erin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2007
Sold by
Vernon Mary E and Vernon Galen
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Securities Inc Asset Bac

Purchase Details

Closed on
Jan 27, 2006
Sold by
Federal National Mortgage Association
Bought by
Vernon Galen and Vernon Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 10, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 8, 2005
Sold by
Bridgewater Mark and Bridgewater Melinda
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Dec 5, 2002
Sold by
Sneden Christopher and Sneden Carol
Bought by
Bridgewater Mark and Bridgewater Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.01%
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
Buth Dirk A $254,625 Chicago Title
Winkel Andrew T -- Triunion Title
Cook Warren -- Triunion Title
Deutsche Bank National Trust Co $254,857 None Available
Vernon Galen $290,000 None Available
Federal National Mortgage Association -- --
Mortgage Electronic Registration Systems $323,861 --
Bridgewater Mark $370,000 Metropolitan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winkel Andrew T $224,000
Previous Owner Vernon Galen $58,000
Previous Owner Vernon Galen $232,000
Previous Owner Bridgewater Mark $296,000
Closed Bridgewater Mark $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2012 02/09/12 Sold $254,625 -32.1% --
01/18/2012 01/18/12 Pending -- -- --
10/26/2010 10/26/10 For Sale $375,000 -- --
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 $14,400 $632,400 $0 $0
2024 $14,400 $545,600 $0 $0
2023 $14,805 $435,300 $0 $0
2022 $14,032 $405,100 $0 $0
2021 $13,675 $389,800 $0 $0
2020 $12,726 $354,600 $0 $0
2019 $13,246 $294,800 $0 $0
2018 $13,246 $268,500 $0 $0
2017 $13,734 $300,500 $0 $0
2016 $13,446 $295,600 $0 $0
2015 -- $295,600 $0 $0
2013 -- $265,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 10052006

Southwestern Michigan Association of REALTORS®

APN: 41-14-33-155-010