NOT LISTED FOR SALE

7366 Cascade Terrace SE Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $477,284 - $574,000

4 Beds
3.5 Baths
2,940 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $182,000 $62 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,075/month

77 Days on Market

Highlights

  • In Ground Pool
  • Pine Ridge Elementary School Rated A
  • Attached Garage

About This Home

As of November 2012

Gorgeous 4 Bedroom, 3.5 Bathroom Home w/ In-Ground Pool! Features replacements windows, central air, laminate wood floors, family room fireplace, slider to huge back deck overlooking a fenced-in back yard with patio surrounding the in-ground Swimming Pool! All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed. Buyer responsible for any de-winterization and re-winterization fees, if applicable. Buyer responsible for any well and septic inspections, if applicable.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 07/23/2012

Bellabay Realty LLC

Last Buyer's Agent

Jordan Painter

Keystone Home Group Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 1974

Lot Details

  • 6,534

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,940 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • In Ground Pool
  • 6,534 Sq Ft Lot
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,694

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Laminate Floor
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • LivingArea: 2940.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 190000.0
  • Lot Features: Wooded
  • Pool Features: Outdoor/Inground
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2012
Closed on
Nov 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kuras James D and Kuras Caitlin
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Jordan Painter
Keystone Home Group Realty LLC
List Price
$210,500
Sold Price
$182,000
Premium/Discount to List
-$28,500
-13.54%
Current Estimated Value
$523,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,071
Avg. Annual Appreciation
8.33%
Original Mortgage
$163,800
Outstanding Balance
$113,944
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$392,097

Purchase Details

Closed on
Sep 21, 2011
Sold by
Ellen Edward
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Mar 24, 2010
Sold by
Felten Edward
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 19, 2007
Sold by
Shea Brian M and Shea Marie L
Bought by
Felten Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 1997
Sold by
Sherbun Michael
Bought by
Shea Brian M and Kuras James

Purchase Details

Closed on
Aug 30, 1991
Bought by
Sherbun Michael A and Kuras James
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
Kuras James D $182,000 Etitle Agency Inc
The Federal Home Loan Mortgage Corporati $250,968 None Available
Federal Home Loan Mortgage Corp $235,909 None Available
Felten Edward $230,000 None Available
Shea Brian M $185,000 --
Sherbun Michael A $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuras Caitlin $40,000
Open Kuras James D $163,800
Previous Owner Felten Edward $230,000
Previous Owner Shea Brian M $168,000
Previous Owner Shea Brian M $163,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $182,000 -13.5% $62 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $210,500 -- $72 / 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 $2,694 $218,000 $0 $0
2024 $2,694 $202,100 $0 $0
2023 $3,791 $181,700 $0 $0
2022 $3,669 $157,900 $0 $0
2021 $3,581 $149,900 $0 $0
2020 $2,405 $142,300 $0 $0
2019 $3,558 $135,300 $0 $0
2018 $3,511 $125,300 $0 $0
2017 $3,496 $119,200 $0 $0
2016 $3,374 $113,900 $0 $0
2015 -- $113,900 $0 $0
2013 -- $98,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Balsitis

    Seller's Agent in 2012

    Michael Balsitis

    Bellabay Realty LLC

    (616) 813-5522

    34 Total Sales

    Michael Balsitis
    Section Image
  • Jordan Painter

    Buyer's Agent in 2012

    Jordan Painter

    Keystone Home Group Realty LLC

    (616) 299-8470

    11 in this area

    212 Total Sales

    Jordan Painter
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12040680

Southwestern Michigan Association of REALTORS®

APN: 41-19-15-114-015

Michigan Kent County Grand Rapids 49546 Forest Hills

7366 Cascade Terrace SE, Grand Rapids, MI

This home is located at 7366 Cascade Terrace SE, Grand Rapids, MI 49546 since 23 July 2012 and is currently estimated at $523,071, approximately $177 per square foot. This property was built in 1974. 7366 Cascade Terrace SE is a home located in Kent County with nearby schools including Pine Ridge Elementary School, Central Woodlands 5/6 School, and Central Middle 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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