NOT LISTED FOR SALE

862 Spring Ave NE Grand Rapids, MI 49503

Estimated Value: $192,000 - $257,000

2 Beds
1 Bath
720 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $225,000 $312 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,269/month

117 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • 1 Car Detached Garage
  • Ceiling Fan
  • Replacement Windows

About This Home

As of May 2024

This charming Highland Park home can be yours! 2 beds/1 bath, new roof, all newer mechanicals (including A/C!), solid surface countertops, flooring, some newer windows.Low to no maintenance needed on this great home. Close to parks, grocery stores, breweries, shops and restaurants. Venture a few blocks west you will find more parks along the Grand River, offering access to White Pine biking/walking trail, a place to put in your canoe or kayak. Home has been leased through 06/30/2024 and has passed all of City of Grand Rapids inspections. So you can easily pay extra toward your mortgage for a few months or continue to lease this home for extra income.

Last Agent to Sell the Property

Ann Myers

RE/MAX United (Main) License #6501305877 Listed on: 10/25/2023

RE/MAX United (Main)

Last Buyer's Agent

Jodi Smith

EXP Realty (Grand Rapids) License #6506046020

EXP Realty (Grand Rapids)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1949

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 40x171
  • Shrub
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,646

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x171
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 720.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1646.09
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Daylight: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:SqFt Above Grade: 720.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Daylight, Full
  • LivingArea: 720.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 235000.0
  • Lot Features: Level, Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 40x171
  • Lot Size Sq Ft: 6839.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1646.09
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
May 6, 2024
Sold by
Patricia A Wade Trust and Schmitt Robin S
Bought by
Malec Judie and Malec Brett Stanley
Seller's Agent
Ann Myers
RE/MAX United (Main)
Buyer's Agent
Jodi Smith
EXP Realty (Grand Rapids)
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
374
Current Estimated Value
$222,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,164
Avg. Annual Appreciation
-0.69%
Original Mortgage
$180,000
Outstanding Balance
$177,766
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$45,070

Purchase Details

Closed on
Sep 30, 2020
Sold by
Wade Patricia A and The Patricia A Wade Trust
Bought by
Wade Patricia A and The Patricia A Wade Trust

Purchase Details

Closed on
Mar 15, 2010
Sold by
Wade Patricia A
Bought by
Wade Patricia A and The Patricia A Wade Trust

Purchase Details

Closed on
Oct 26, 1999
Sold by
Wade Zych J
Bought by
Wade and Wade Schmitt
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
Malec Judie $225,000 Chicago Title
Wade Patricia A -- None Available
Wade Patricia A -- Stoner Timothy J
Wade Patricia A -- Attorney
Wade -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malec Judie $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $225,000 -4.3% $313 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
10/25/2023 10/25/23 For Sale $235,000 -- $326 / 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 $1,055 $85,200 $0 $0
2024 $1,055 $76,800 $0 $0
2023 $1,587 $65,000 $0 $0
2022 $957 $58,300 $0 $0
2021 $994 $53,100 $0 $0
2020 $950 $49,100 $0 $0
2019 $995 $43,500 $0 $0
2018 $961 $39,200 $0 $0
2017 $936 $32,600 $0 $0
2016 $947 $31,000 $0 $0
2015 $881 $31,000 $0 $0
2013 -- $25,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Ann Myers

    RE/MAX Michigan

    Section Image
  • Jodi Smith

    Buyer's Agent in 2024

    Jodi Smith

    EXP Realty (Grand Rapids)

    (616) 437-2717

    96 Total Sales

    Jodi Smith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23139675

Southwestern Michigan Association of REALTORS®

APN: 41-14-20-180-006

Michigan Kent County Grand Rapids 49503

862 Spring Ave NE, Grand Rapids, MI

This home is located at 862 Spring Ave NE, Grand Rapids, MI 49503 since 25 October 2023 and is currently estimated at $222,836, approximately $309 per square foot. This property was built in 1949. 862 Spring Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside Middle School, and Union 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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