NOT LISTED FOR SALE

729 Oakdale St SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $194,428 - $215,000

3 Beds
1 Bath
1,144 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $15,000 $13 Per Sq Ft

Est. 1,256% increase in value since last sale

Current estimated payment $1,180/month

37 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Wood Siding
  • Traditional Architecture
  • Dining Area
  • Heating System Uses Natural Gas

About This Home

As of December 2016

Land Bank Home. Good 2 Story on the SE side. Home seems solid and sits on a hill overlooking Oakdale. Alley access off back. Roof leak caused damage in Kitchen and bath. Full basement. Good money maker at this price! Seller will not respond to offers until the home has been on the market for 20 days. Offers must include a written renovation plan, written statement regarding the ability of the buyer to complete the renovations, and POF for purchase plus the renovations. See attached addendums. These are required to be completely filled out with any offer submitted. POF for Purchase and Renovation is REQUIRED with ALL OFFERS. See agent remarks for additional restrictions. Attached Code Violations (if any) must be addressed in renovation plan.

Last Agent to Sell the Property

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 08/20/2016

Last Buyer's Agent

Anthony Childress

Childress & Associates Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is zoned LDR, LDR

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1924
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1144.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 790.0
  • Tax Info:Zoning3: LDR
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Natural Gas4: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1144.0
  • ResoLivingAreaSource: PublicRecords
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 572.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 20000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6250.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 790.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Arens Dean and Arens Kami
Bought by
Grand Rapids Property Company Llc
Current Estimated Value
$203,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,600
Outstanding Balance
$171,470
Interest Rate
4%
Mortgage Type
Stand Alone Second
Estimated Equity
$29,158

Purchase Details

Closed on
Jun 5, 2017
Sold by
Arens Dean and Arens Kami
Bought by
Rapids Property Company Llc

Purchase Details

Listed on
Aug 20, 2016
Closed on
Dec 12, 2016
Sold by
Kent County Land Bank Authority
Bought by
Arens Dean
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Anthony Childress
Childress & Associates Realty
List Price
$20,000
Sold Price
$15,000
Premium/Discount to List
-$5,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.77%

Purchase Details

Closed on
Jul 11, 2016
Sold by
Parrish Kenneth D
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 6, 2016
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Nov 11, 2010
Sold by
Foreclosure Holdings Inc
Bought by
Ira Services Trust Company and Geraldine L Jones Acct #180725

Purchase Details

Closed on
Sep 21, 2010
Sold by
Reedy Donald and Reedy Amy
Bought by
Foreclosure Holdings Inc

Purchase Details

Closed on
Jun 19, 2000
Sold by
Reedy Dnr and Reedy Donald
Bought by
Ira Services Trust Co Custodian Fbo

Purchase Details

Closed on
May 2, 2000
Bought by
Ira Services Trust Co Custodian Fbo

Purchase Details

Closed on
Nov 28, 1987
Bought by
Ira Services Trust Co Custodian Fbo

Purchase Details

Closed on
Sep 5, 1985
Bought by
Ira Services Trust Co Custodian Fbo
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
Grand Rapids Property Company Llc $162,700 None Available
Rapids Property Company Llc -- None Available
Arens Dean -- None Available
Arens Dean $15,000 None Available
The City Of Grand Rapids $405,636 None Available
Kent County Land Bank Authority $405,636 None Available
Ira Services Trust Company -- None Available
Foreclosure Holdings Inc $12,700 Chicago Title
Ira Services Trust Co Custodian Fbo -- --
Ira Services Trust Co Custodian Fbo -- --
Ira Services Trust Co Custodian Fbo $12,500 --
Ira Services Trust Co Custodian Fbo $6,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Rapids Property Company Llc $194,600
Closed Rapids Property Company Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $15,000 -25.0% $13 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $20,000 -- $17 / 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 $1,208 $67,400 $0 $0
2024 $1,208 $59,300 $0 $0
2023 $1,198 $47,600 $0 $0
2022 $1,139 $40,300 $0 $0
2021 $1,110 $33,300 $0 $0
2020 $1,073 $29,600 $0 $0
2019 $1,098 $24,100 $0 $0
2018 $1,065 $20,100 $0 $0
2017 $987 $17,000 $0 $0
2016 $779 $16,400 $0 $0
2015 $3,446 $16,400 $0 $0
2013 -- $14,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Charboneau

    Seller's Agent in 2016

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    95 Total Sales

    Randy Charboneau
    Section Image

  • A

    Buyer's Agent in 2016

    Anthony Childress

    Childress & Associates Realty

    (616) 309-0568

    7 Total Sales

    Anthony Childress
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16043520

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-277-017

Michigan Kent County Grand Rapids 49507 Madison Area

729 Oakdale St SE, Grand Rapids, MI

This home is located at 729 Oakdale St SE, Grand Rapids, MI 49507 since 20 August 2016 and is currently estimated at $203,357, approximately $177 per square foot. This property was built in 1924. 729 Oakdale 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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