NOT LISTED FOR SALE

75 Luce St SW Grand Rapids, MI 49534

Estimated Value: $365,000 - $621,138

2.16 Acres
$247,089 Price per Acre
94,090 Sq Ft Lot

Last Sold December 06, 2012

Last sale price $60,000

Est. 790% increase in value since last sale

Current estimated payment $3,507/month

52 Days on Market

Highlights

  • Private Waterfront
  • Grandville Cummings Elementary School Rated A
  • 2.16 Acre Lot

About This Lot

As of December 2012

142 ft of frontage on Fennessy Lake! It is mostly wooded and is a beautiful spot for a walkout. Go fishing, boating, and waterskiing right out your back door. This is a rare find; waterfront property this close to everything in the Grandville School district.

Last Agent to Sell the Property

Randy Reeds

Reeds Realty License #6504208277 Listed on: 07/20/2012

Last Buyer's Agent

Richard Schultz

Coldwell Banker Schmidt Realtors License #6501217476

Coldwell Banker Schmidt Realtors

Property Details

Property Type

  • Land

Lot Details

  • 2.16 Acre Lot
  • Private Waterfront
  • The property's road front is unimproved

Community Details

  • Water Sports

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 69900.0
  • Road Surface Type: Unimproved
  • Water Body Name: Fennessy Lake
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 2.16
  • Lot Size Area: 2.16
  • Lot Size Sq Ft: 94090.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2012
Closed on
Dec 6, 2012
Sold by
Camp David F and Camp Dawn
Bought by
Visser Joshua H and Visser Chelsey M
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Richard Schultz
Coldwell Banker Schmidt Realtors
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$533,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,713
Avg. Annual Appreciation
18.23%
Original Mortgage
$45,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Visser Joshua H $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Visser Joshua H $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2012 12/06/12 Sold $60,000 -14.2% --
09/10/2012 09/10/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $69,900 -- --
Source: MichRIC

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 $8,421 $283,500 $0 $0
2024 $7,325 $262,000 $0 $0
2023 $6,986 $221,300 $0 $0
2022 $7,326 $198,300 $0 $0
2021 $7,171 $175,900 $0 $0
2020 $7,094 $172,300 $0 $0
2019 $6,690 $166,800 $0 $0
2018 $6,374 $156,200 $37,900 $118,300
2017 $6,389 $155,400 $0 $0
2016 $6,217 $144,200 $0 $0
2015 -- $143,800 $0 $0
2014 -- $139,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Reeds

    Seller's Agent in 2012

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    27 in this area

    259 Total Sales

    Randy Reeds
    Section Image

  • R

    Buyer's Agent in 2012

    Richard Schultz

    Coldwell Banker Schmidt Realtors

    (616) 291-2646

    5 in this area

    24 Total Sales

    Richard Schultz
    Section Image
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Map

Source: MichRIC

MLS Number: 12040313

MichRIC

APN: 70-10-36-400-043

Michigan Ottawa County Grand Rapids 49534

75 Luce St SW, Grand Rapids, MI

Not Listed for Sale

Lots

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