NOT LISTED FOR SALE

725 Delaware St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $167,000 - $196,824

3 Beds
2 Baths
1,620 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $150,000 $93 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,216/month

29 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Sun or Florida Room
  • 5-minute walk to Alexander Park

About This Home

As of January 2023

In the heart of Grand Rapids sits this nice home with over 1,100 square feet of finished area above ground. The main level begins with a spacious enclosed porch. Once inside, you'll enjoy a large living room and dining area which features the original wood floors. The upper level features 3 bedrooms and 1 spacious full bathroom. Outside this home you will enjoy a large fenced in back yard which features a deck and a shed. Come see this move in ready home today!

Last Agent to Sell the Property

Sharleitta Wallace

Real5 License #6501445539 Listed on: 11/08/2022

Last Buyer's Agent

Michaela Lee

Apex Realty Group License #6501427683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1923

Lot Details

  • 5,676 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$684

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1923
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1620.0
  • Window Features: Replacement
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 450.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Below Grade Sq Ft: 450.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: 3 Season Room
  • Fencing: Fenced Back
  • List Price: 168000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 43* 132
  • Lot Size Sq Ft: 5676.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 683.5
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jan 20, 2023
Sold by
Richardson Latrice
Bought by
Dahir
Seller's Agent
Sharleitta Wallace
Real5
Buyer's Agent
Michaela Lee
Apex Realty Group
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Views
15
Current Estimated Value
$184,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,706
Avg. Annual Appreciation
9.02%
Original Mortgage
$142,500
Outstanding Balance
$138,450
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$46,256

Purchase Details

Closed on
Sep 1, 2021
Sold by
Richardson Latrice
Bought by
Richardson Latrice and Richardson Jakari

Purchase Details

Closed on
Feb 25, 2010
Sold by
Booker Rhae Ann
Bought by
Richardson Latrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,275
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 1996
Sold by
Rchrdsn Est and Booker Rchrdsn
Bought by
Richardson Booker and Richardson Latrice
Source: Public Records

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Range of Values:

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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
Dahir $150,000 --
Richardson Latrice -- None Available
Richardson Latrice $40,000 Nta
Richardson Booker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahir $142,500
Previous Owner Richardson Latrice $4,455
Previous Owner Richardson Latrice $39,275
Previous Owner Booker Michael $76,800
Closed Dahir $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $150,000 -10.7% $93 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
12/04/2022 12/04/22 Price Changed $168,000 -1.1% $104 / Sq Ft
11/08/2022 11/08/22 For Sale $169,900 -- $105 / 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 $2,242 $78,900 $0 $0
2024 $2,242 $70,700 $0 $0
2023 $779 $62,300 $0 $0
2022 $739 $52,200 $0 $0
2021 $684 $41,500 $0 $0
2020 $653 $36,700 $0 $0
2019 $684 $29,200 $0 $0
2018 $661 $24,300 $0 $0
2017 $643 $20,300 $0 $0
2016 $651 $19,500 $0 $0
2015 $606 $19,500 $0 $0
2013 -- $20,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2023

    Michaela Lee

    Apex Realty Group

    (616) 277-1463

    1 in this area

    128 Total Sales

    Michaela Lee
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22047180

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-432-046

Michigan Kent County Grand Rapids 49507 Madison Area

725 Delaware St SE, Grand Rapids, MI

This home is located at 725 Delaware St SE, Grand Rapids, MI 49507 since 08 November 2022 and is currently estimated at $184,706, approximately $114 per square foot. This property was built in 1923. 725 Delaware 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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