NOT LISTED FOR SALE

Estimated Value: $268,000 - $292,000

5 Beds
2 Baths
1,858 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $26,100 $14 Per Sq Ft

Est. 970% increase in value since last sale

Current estimated payment $1,703/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Dining Area
  • Corner Lot: Yes
  • Forced Air Heating System
  • 2-minute walk to Lexington Park

About This Home

As of November 2014

Larger 2 story, excellent opportunity to build equity. Will need extensive remodeling. 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 proof of financing to complete the purchase and renovation.  Buyers cannot be in arrears for property taxes with the local unit of government on any other real estate.  Buyers must complete the basic requirements for the Grand Rapids Certificate of Compliance for occupancy.  The intent is to ensure public health, safety and welfare of occupants. Sale is subject to seller receiving clear title.  Closing not able to occur until after October 15.

Last Agent to Sell the Property

Paul Spica

Spica Real Estate License #6502387710 Listed on: 10/08/2014

Co-Listed By

Ryan Kaufman

Five Star Real Estate (Rock) License #6506048690

Last Buyer's Agent

Whitney Pedersen

Josh Company, LLC License #6501379449

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 3,630 Sq Ft Lot
  • Lot Dimensions are 55x66
  • Corner Lot: Yes

Parking

  • Paved Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1885
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55X66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1858.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1000.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Utilities Attached:Telephone Line: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1858.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1858.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 24900.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Telephone Line, Cable Connected, Public Sewer, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 55X66
  • Lot Size Sq Ft: 3630.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Nov 6, 2014
Sold by
Kent County Land Bank Authority
Bought by
Rem Real Estate Management Llc
Seller's Agent
Paul Spica
Spica Real Estate
Buyer's Agent
Whitney Pedersen
Josh Company, LLC
List Price
$24,900
Sold Price
$26,100
Premium/Discount to List
$1,200
4.82%
Current Estimated Value
$279,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,268
Avg. Annual Appreciation
24.22%
Original Mortgage
$105,750
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 21, 2014
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Jul 2, 2014
Sold by
Parrish Kenneth D
Bought by
City Of Grand Rapids

Purchase Details

Closed on
Feb 24, 1999
Sold by
Snlln Snlln D D and Snlln Cnnghm F
Bought by
Cnnghm Cnnghm F and Cnnghm J

Purchase Details

Closed on
Mar 18, 1998
Sold by
Cnnghm Hrrngtn A
Bought by
Cnnghm and Cnnghm Snl

Purchase Details

Closed on
May 24, 1995
Sold by
Haviland Haviland D D and Herringtn Haviland
Bought by
Cunningham Fred Joan

Purchase Details

Closed on
Sep 23, 1994
Sold by
Weih Weih E E and Weih Haviland D
Bought by
Cunningham Fred Joan

Purchase Details

Closed on
Aug 11, 1994
Sold by
Haviland Haviland D D and Herringtn Haviland
Bought by
Cunningham Fred Joan

Purchase Details

Closed on
Aug 10, 1994
Sold by
Deyoung Deyoung M M and Deyoung Haviland D
Bought by
Cunningham Fred Joan

Purchase Details

Closed on
Aug 9, 1994
Sold by
Brooks Brooks W W and Brooks Haviland D
Bought by
Cunningham Fred Joan

Purchase Details

Closed on
Jul 25, 1984
Bought by
Cunningham Fred Joan
Source: Public Records

Range of Values:

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Average Value
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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
Rem Real Estate Management Llc $26,100 Sun Title Agency Of Mi Llc
Kent County Land Bank Authority $967,728 None Available
City Of Grand Rapids -- None Available
Cnnghm Cnnghm F -- --
Cnnghm $200 --
Cunningham Fred Joan $14,000 --
Cunningham Fred Joan $21,500 --
Cunningham Fred Joan -- --
Cunningham Fred Joan -- --
Cunningham Fred Joan -- --
Cunningham Fred Joan $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rem Real Estate Management Llc $500,000
Closed Rem Real Estate Management Llc $105,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $26,100 +4.8% $14 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $24,900 -- $13 / 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 $2,203 $132,600 $0 $0
2024 $2,203 $118,900 $0 $0
2023 $2,186 $96,400 $0 $0
2022 $2,077 $87,500 $0 $0
2021 $2,024 $77,000 $0 $0
2020 $1,956 $64,900 $0 $0
2019 $2,003 $53,100 $0 $0
2018 $1,942 $43,600 $0 $0
2017 $1,894 $38,000 $0 $0
2016 $1,903 $27,800 $0 $0
2015 $1,421 $27,800 $0 $0
2013 -- $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14056819

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-159-001