NOT LISTED FOR SALE

854 Madison Ave SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $164,000 - $185,000

3 Beds
1 Bath
1,043 Sq Ft
$168/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $57,000 $55 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,026/month

5 Days on Market

Highlights

  • Recreation Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Living Room
  • High Speed Internet

About This Home

As of September 2016

Nicely rehabbed city home with a park and school across the street. Walkability to city amenities, all at a hard to come-by price-point! Call today!

Last Agent to Sell the Property

Steven Volkers

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 07/07/2016

Co-Listed By

Audrey Black

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

Kyle Korhorn

Independence Realty (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 1890

Lot Details

  • 4,120 Sq Ft Lot
  • Lot Dimensions are 40x103
  • Property is zoned N/A, N/A

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,043 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$795

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Bi-Level
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x103
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1043.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 795.04
  • Tax Info:Zoning3: N/A
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1043.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Bi-Level: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Broadband, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1043.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 60000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x103
  • Lot Size Sq Ft: 4120.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 795.04
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Elezi Nezir and Balaj Elezi Filloreta
Bought by
Elezi Nezir and Balaj Elezi Filloreta
Current Estimated Value
$175,536

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 16, 2016
Sold by
A & V Palsanos Inc
Bought by
Elezi Filloreta Balajnezir and Balaj Elezi Filloreta
Seller's Agent
Steven Volkers
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Kyle Korhorn
Independence Realty (Main)
List Price
$60,000
Sold Price
$57,000
Premium/Discount to List
-$3,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$42,750
Outstanding Balance
$20,750
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$160,554

Purchase Details

Closed on
Mar 21, 2016
Sold by
Sequeiros Gabriel
Bought by
A & V Paisanos Inc

Purchase Details

Closed on
Aug 19, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Sequeiros Gabriel

Purchase Details

Closed on
Oct 30, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 25, 2013
Sold by
Hernandez Fernando
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Dec 29, 2005
Sold by
Knott James A and Knott Elisabeth
Bought by
Hernandez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,918
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2005
Sold by
Woods Esther and Woods Luther
Bought by
Knott James A and Thomas Knott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1981
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
Elezi Nezir -- None Available
Elezi Filloreta Balajnezir $57,000 None Available
A & V Paisanos Inc $20,000 None Available
Sequeiros Gabriel $20,301 Best Homes Title Agency Llc
Secretary Of Housing & Urban Development -- Attorney
Nationstar Mortgage Llc $14,625 None Available
Hernandez Fernando $70,000 None Available
Knott James A $48,500 --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elezi Filloreta Balajnezir $42,750
Previous Owner Hernandez Fernando $68,918
Previous Owner Knott James A $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $57,000 -5.0% $55 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $60,000 -- $58 / 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 $1,184 $65,800 $0 $0
2024 $1,184 $59,000 $0 $0
2023 $1,175 $54,200 $0 $0
2022 $1,117 $45,300 $0 $0
2021 $1,088 $36,800 $0 $0
2020 $1,052 $32,500 $0 $0
2019 $1,077 $25,800 $0 $0
2018 $1,044 $20,700 $0 $0
2017 $1,018 $16,000 $0 $0
2016 $856 $15,400 $0 $0
2015 $787 $15,400 $0 $0
2013 -- $18,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steven Volkers

    Berkshire Hathaway HomeServices Michigan Real Estate

  • A

    Seller Co-Listing Agent in 2016

    Audrey Black

    Berkshire Hathaway HomeServices Michigan Real Estate

  • K

    Buyer's Agent in 2016

    Kyle Korhorn

    Independence Realty (Main)

    (616) 438-1230

    11 Total Sales

    Kyle Korhorn
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16034642

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-403-008

Michigan Kent County Grand Rapids 49507 Madison Area

854 Madison Ave SE, Grand Rapids, MI

This home is located at 854 Madison Ave SE, Grand Rapids, MI 49507 since 07 July 2016 and is currently estimated at $175,536, approximately $168 per square foot. This property was built in 1890. 854 Madison Ave SE is a home located in Kent County with nearby schools including Gerald R. Ford Academic Center, Alger Middle School, and Ottawa Hills High 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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