NOT LISTED FOR SALE

855 Gibson Place SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $186,000 - $203,000

3 Beds
1 Bath
1,200 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $11,250 $9 Per Sq Ft

Est. 1,656% increase in value since last sale

Current estimated payment $1,172/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • Heating Available
  • Living Room

About This Home

As of May 2013

Grand Rapids Fixer Upper with all of the amenities to make a nice home or investment property. This home feature a nice sized kithen, formal dining room, living room den and master bedroom on the main floor. Upstairs you will find 2 more bedrooms and a bonus room. There appear to be hardwood floor in much of the main level and upstairs too. There is a full basement and a one plus stall garage on a nice sized lot. This home does need work and is missing the furnace.

Last Agent to Sell the Property

Lloyd Reed, Jr.

Home Run Real Estate License #6502362271 Listed on: 03/04/2013

Last Buyer's Agent

John Schat

Five Star Real Estate (Grandv) License #6501254085

Five Star Real Estate (Grandv)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1924

Lot Details

  • 4,320 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1924
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1200.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 10000.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4320.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
May 21, 2013
Sold by
Kent County Land Bank Authority
Bought by
Jdv Llc
Seller's Agent
Lloyd Reed, Jr.
Home Run Real Estate
Buyer's Agent
John Schat
Five Star Real Estate (Grandv)
List Price
$10,000
Sold Price
$11,250
Premium/Discount to List
$1,250
12.5%
Current Estimated Value
$197,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,335
Avg. Annual Appreciation
24.63%

Purchase Details

Closed on
Sep 1, 2011
Sold by
County Of Kent
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Aug 11, 2011
Sold by
Parrish Kenneth D
Bought by
County Of Kent

Purchase Details

Closed on
Jan 24, 2006
Sold by
Nobel George and Poe Patricia C
Bought by
Mccaleb Thomas and Mccaleb Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2003
Sold by
Nobel George and Nobel Noel
Bought by
Nobel George and Nobel Noel

Purchase Details

Closed on
Jun 26, 2000
Sold by
Nobel George and Nobel Noel
Bought by
Mccaleb Thomas L and Mccaleb Brenda J

Purchase Details

Closed on
Jun 8, 2000
Sold by
Nobel George Noel
Bought by
Mccaleb Thomas L Brenda J and Jdv Llc

Purchase Details

Closed on
Nov 1, 1999
Sold by
Nobel Stewrt G
Bought by
Jdv Llc

Purchase Details

Closed on
Feb 10, 1997
Sold by
Barney Barney C C and Barney Nobel G
Bought by
Barney Charles N and Jdv Llc

Purchase Details

Closed on
Dec 9, 1996
Sold by
Walton Walton E E and Walton Nobel G
Bought by
Jdv Llc

Purchase Details

Closed on
Jun 5, 1995
Sold by
Nobel Nobel G G and Nobel Walton E
Bought by
Walton E and Jdv Llc

Purchase Details

Closed on
Jan 17, 1983

Purchase Details

Closed on
Aug 24, 1982
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
Jdv Llc $11,250 Sun Title Agency Of Mi Llc
Kent County Land Bank Authority $5,704 None Available
County Of Kent $5,704 None Available
Mccaleb Thomas $50,000 Fatic
Nobel George -- --
Mccaleb Thomas L -- --
Mccaleb Thomas L Brenda J -- --
Jdv Llc -- --
Barney Charles N -- --
Jdv Llc -- --
Walton E -- --
-- $3,800 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccaleb Thomas $68,000
Previous Owner Mccaleb Thomas $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Sold $11,250 +12.5% $9 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $10,000 -- $8 / 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 $1,149 $74,800 $0 $0
2024 $1,149 $67,400 $0 $0
2023 $1,140 $58,900 $0 $0
2022 $1,083 $49,200 $0 $0
2021 $1,055 $40,000 $0 $0
2020 $1,020 $35,200 $0 $0
2019 $1,044 $27,900 $0 $0
2018 $1,012 $23,100 $0 $0
2017 $988 $19,200 $0 $0
2016 $993 $18,500 $0 $0
2015 $1,202 $18,500 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lloyd Reed, Jr.

    Home Run Real Estate

    (616) 889-7662

    2 in this area

    58 Total Sales

    Lloyd Reed, Jr.
    Section Image
  • John Schat

    Buyer's Agent in 2013

    John Schat

    Five Star Real Estate (Grandv)

    (616) 299-7132

    1 in this area

    114 Total Sales

    John Schat
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13011508

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-352-013

Michigan Kent County Grand Rapids 49507 South East End

855 Gibson Place SE, Grand Rapids, MI

This home is located at 855 Gibson Place SE, Grand Rapids, MI 49507 since 04 March 2013 and is currently estimated at $197,585, approximately $164 per square foot. This property was built in 1924. 855 Gibson Place SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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