NOT LISTED FOR SALE

860 Pinnacle Run Dr SE Unit 8 Grand Rapids, MI 49546

Forest Hills Neighborhood

Estimated Value: $423,047 - $482,000

2 Beds
2.5 Baths
1,607 Sq Ft
$200/mo HOA Fee

Last Sold June 15, 2012

Last sale price $142,000 $88 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $2,839/month

181 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wooded Lot
  • Collins Elementary School Rated A
  • Living Room with Fireplace
  • Porch

About This Home

As of June 2012

THIS CLEAN AND MODERN CONDO IS A MUST SEE. IT IS NESTLED IN A WOODED AREA. VERY CONVENIENT TO SHOPPING, HIGHWAYS AND SHOPPING. AWARD WINNING SCHOOLS. COME AND ENJOY THE EASE OF CONDO LIVING WITH GREAT SPACE AND DESIGN.

Last Agent to Sell the Property

Christopher Graves

Crown Realty of Grand Rapids License #6504144788 Listed on: 11/05/2011

Last Buyer's Agent

Linda Pell

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) License #6502412857

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 2003

Lot Details

  • Shrub
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Community Details

  • Association fees include electricity, water, trash, snow removal, sewer, lawn/yard care
  • $50 HOA Transfer Fee

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,900

Year Built

Built in 2003

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Lot Dimensions: 00 X 00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1607.0
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 2900.0
  • Tax Info:Zoning3: PUD
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Laminate Floor: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Garage Door Opener, Laminate Floor
  • Fireplace Features: Gas Log, Living
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk Out
  • LivingArea: 1607.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 882.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding, Brick
  • List Price: 159900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 200.0
  • Association Info:Assoc Buy in Fee: $50
  • Association Info:Assoc Fee Payable: Monthly

Fee Information

  • Association Fee Includes: Electricity, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2900.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2011
Closed on
Jun 15, 2012
Sold by
Ubm Residential Llc
Bought by
Nelson Michael A and Nelson Cristi L
Seller's Agent
Christopher Graves
Crown Realty of Grand Rapids
Buyer's Agent
Linda Pell
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$166,000
Sold Price
$142,000
Premium/Discount to List
-$24,000
-14.46%
Current Estimated Value
$460,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,012
Avg. Annual Appreciation
9.24%
Original Mortgage
$127,800
Outstanding Balance
$18,739
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$441,273

Purchase Details

Closed on
Feb 11, 2011
Sold by
Albro Rick and Albro Catherine
Bought by
Ubm Residential Llc

Purchase Details

Closed on
Apr 10, 2003
Sold by
Redstone Group Pinnacle Llc
Bought by
Albro Rick and Albro Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.76%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Nelson Michael A $142,000 None Available
Ubm Residential Llc -- None Available
Albro Rick $215,590 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Michael A $127,800
Previous Owner Albro Rick $218,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $142,000 -14.5% $88 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
11/05/2011 11/05/11 For Sale $166,000 -- $103 / 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 $2,290 $188,500 $0 $0
2024 $2,290 $169,100 $0 $0
2023 $2,189 $155,000 $0 $0
2022 $2,919 $141,100 $0 $0
2021 $2,847 $133,200 $0 $0
2020 $2,044 $138,500 $0 $0
2019 $2,831 $126,000 $0 $0
2018 $2,796 $121,800 $0 $0
2017 $4,400 $111,800 $0 $0
2016 $2,681 $101,300 $0 $0
2015 -- $101,300 $0 $0
2013 -- $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11059516

Southwestern Michigan Association of REALTORS®

APN: 41-14-35-331-008