NOT LISTED FOR SALE

Estimated Value: $212,734 - $242,000

3 Beds
2 Baths
1,405 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $13,000 $9 Per Sq Ft

Est. 1,651% increase in value since last sale

Current estimated payment $1,390/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Replacement Windows
  • Heating Available
  • Living Room
  • Dining Area

About This Home

As of October 2013

Grand Rapids NW 3 bedroom home with newer windows, doors, roof, siding and more. Home is completely gutted down to the studs on the inside. Seller willing to look at all offer. Seller will not respond to offers until the home has been on the market for 10 days. Offers must include a written development plan, written statement regarding the ability of the buyer to complete the renovations (i.e. proof that they are a licensed builder, or proof of other previous development) 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. Sale is subject to seller receiving clear title and attached addendum.

Last Agent to Sell the Property

Lloyd Reed, Jr.

Home Run Real Estate License #6502362271 Listed on: 08/26/2013

Last Buyer's Agent

Lloyd Reed, Jr.

Home Run Real Estate License #6502362271 Listed on: 08/26/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1,820 Sq Ft Lot
  • Zoning described as 401 Res Imp

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,405 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Insulated Windows
  • Living Room
  • Dining Area
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1405.0
  • Window Features: Replacement, Insulated Windows

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 24900.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1820.0
  • Zoning Description: 401 Res Imp
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 971.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Oct 25, 2013
Sold by
Kent County Land Bank Authority
Bought by
Bank Properties 2 Llc
Seller's Agent
Lloyd Reed, Jr.
Home Run Real Estate
Buyer's Agent
Lloyd Reed, Jr.
Home Run Real Estate
List Price
$24,900
Sold Price
$13,000
Premium/Discount to List
-$11,900
-47.79%
Current Estimated Value
$227,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,684
Avg. Annual Appreciation
27.38%

Purchase Details

Closed on
Jul 23, 2013
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Jul 15, 2013
Sold by
Parrish Kenneth D
Bought by
City Of Grand Rapids

Purchase Details

Closed on
Oct 3, 2011
Sold by
Kfj Properties Ltd Llc
Bought by
Howland Construction Llc

Purchase Details

Closed on
Oct 30, 2008
Sold by
Advanced Realty Systems Llc
Bought by
Macatawa Bank

Purchase Details

Closed on
Oct 30, 2007
Sold by
Advanced Realty Systems Llc
Bought by
Miranda Felicity and Heikkinen Bruce

Purchase Details

Closed on
Dec 21, 2004
Sold by
Vanfarowe Brian and Vanfarowe Rajini
Bought by
Advanced Realty Systems Llc

Purchase Details

Closed on
May 27, 2004
Sold by
Vanfarowe Brian
Bought by
Macatawa Bank

Purchase Details

Closed on
Nov 12, 2003
Sold by
Vanfarowe Brian
Bought by
Brooke Janet M

Purchase Details

Closed on
Jan 27, 2000
Sold by
Shltn Shltn H H and Shltn Md Flowers
Bought by
Md Flowers and Bak Properties 2 Llc
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
Bank Properties 2 Llc $13,000 Sun Title Agency Of Mi Llc
Kent County Land Bank Authority -- None Available
City Of Grand Rapids $9,140 None Available
Howland Construction Llc -- None Available
Macatawa Bank -- None Available
Macatawa Bank -- None Available
Miranda Felicity -- None Available
Advanced Realty Systems Llc -- --
Macatawa Bank -- --
Brooke Janet M -- --
Md Flowers $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kfj Properties Ltd Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $13,000 -47.8% $9 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $24,900 -- $18 / 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 $1,786 $85,500 $0 $0
2024 $1,786 $77,200 $0 $0
2023 $1,772 $65,000 $0 $0
2022 $1,684 $60,400 $0 $0
2021 $1,641 $48,700 $0 $0
2020 $1,586 $41,600 $0 $0
2019 $1,623 $39,500 $0 $0
2018 $1,574 $31,600 $0 $0
2017 $1,535 $29,400 $0 $0
2016 $1,557 $30,000 $0 $0
2015 $1,483 $30,000 $0 $0
2013 -- $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13050847

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-478-014