NOT LISTED FOR SALE

Estimated Value: $182,000 - $209,000

3 Beds
1 Bath
1,358 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $35,000 $26 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $1,136/month

27 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of December 2016

Land Bank Home. Great 2 story in a quiet neighborhood on the SW side. Home is laid out like a 3 bedroom but could be 4-5 bedroom with some work. Full basement and large cement pad in back. Great opportunity for some sweat equity! 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: 08/31/2016

Last Buyer's Agent

Bryant Mitchell

Bellabay Realty (Kentwood) License #6501334231

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Property is zoned LDR, LDR

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • 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 1912

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1912
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1358.0
  • ResoLivingAreaSource: PublicRecords
  • Basement Rooms:Total Basement SQFT: 854.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 40000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Heating: Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5280.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 21, 2016
Sold by
Kent County Land Bank Authority
Bought by
Martinez Ismel Amezcua
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Bryant Mitchell
Bellabay Realty (Kentwood)
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Total Days on Market
27
Current Estimated Value
$196,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,273
Avg. Annual Appreciation
21.76%

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
Mar 22, 1995
Bought by
Merriweather Beverly R and Merriweather Beverly R

Purchase Details

Closed on
Nov 15, 1994
Sold by
Fleet Mtg Corp and Fleet Dhud
Bought by
Merriweather Beverly R

Purchase Details

Closed on
Nov 2, 1994
Bought by
Merriweather Beverly R

Purchase Details

Closed on
Oct 17, 1994
Sold by
Fleet Cooper B and Fleet Mtg
Bought by
Merriweather Beverly R

Purchase Details

Closed on
Dec 12, 1989
Bought by
Merriweather Beverly R

Purchase Details

Closed on
Dec 11, 1989
Sold by
Brandel Brandel P P and Yeomans Brandel
Bought by
Merriweather Beverly R

Purchase Details

Closed on
Jul 24, 1985
Bought by
Merriweather Beverly R
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
Martinez Ismel Amezcua $36,000 Sun Title Agency Of Michigan
The City Of Grand Rapids $405,636 None Available
Kent County Land Bank Authority $405,636 None Available
Merriweather Beverly R $32,600 --
Merriweather Beverly R -- --
Merriweather Beverly R -- --
Merriweather Beverly R -- --
Merriweather Beverly R $39,900 --
Merriweather Beverly R $34,300 --
Merriweather Beverly R $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merriweather Beverly R $73,518
Previous Owner Merriweather Beverly R $20,000
Previous Owner Merriweather Beverly R $44,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $35,000 -12.5% $26 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $40,000 -- $29 / 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
2024 $1,132 $84,400 $0 $0
2023 $1,149 $78,500 $0 $0
2022 $1,090 $66,700 $0 $0
2021 $1,066 $55,600 $0 $0
2020 $1,019 $46,900 $0 $0
2019 $1,068 $39,700 $0 $0
2018 $1,202 $26,100 $0 $0
2017 $1,504 $26,400 $0 $0
2016 $1,368 $25,800 $0 $0
2015 $4,669 $25,800 $0 $0
2013 -- $27,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16045288

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-302-033