NOT LISTED FOR SALE

947 Hovey St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $461,000 - $644,552

5 Beds
2 Baths
1,430 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $42,600 $30 Per Sq Ft

Est. 1,177% increase in value since last sale

Current estimated payment $3,523/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Dining Area
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2016

KCLBA Owned. Former 2 unit. Needs work but has a great lot and loads of potential. Seller will not respond to offers until the home has been on the market for 20 days. Offers must include a written renovation plan, written statement regarding the ability of the buyer to complete the renovations, 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. Buyers must complete the basic requirements for the Grand Rapids Certificate of Compliance for occupancy. The intent is to ensure public health, safety and welfare of occupants. Sale is subject to seller receiving clear title.

Last Listed By

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 11/21/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 6,720 Sq Ft Lot
  • Lot Dimensions are 60x112
  • Property is zoned LDR, LDR

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1430.0
  • Basement Rooms:Total Basement SQFT: 877.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 29900.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 60x112
  • Lot Size Sq Ft: 6720.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2475.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2015
Closed on
Jan 21, 2016
Sold by
Kent County Land Bank Authority
Bought by
Jl Equity Group Llc
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Lindsay VanDuinen-Scully
RE/MAX Of Grand Rapids
List Price
$29,900
Sold Price
$42,600
Premium/Discount to List
$12,700
42.47%
Total Days on Market
24
Current Estimated Value
$543,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,251
Avg. Annual Appreciation
31.42%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Jul 18, 2012
Sold by
Koetsier Robert L and Koetsier Kathryn K
Bought by
Residential Fund 69 Llc

Purchase Details

Closed on
Sep 28, 2005
Sold by
Cranberry Properties Llc
Bought by
Koetsier Robert L and Koetsier Kathryn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2003
Sold by
Molag Terrance L
Bought by
Koetsier Robert L and Koetsier Kathryn F

Purchase Details

Closed on
Dec 4, 1995

Purchase Details

Closed on
Feb 20, 1987
Sold by
Elzinga Elzinga A A and Elzinga Bergsma R
Bought by
Residential Fund 69 Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Grand Rapids, MI

  • 4534 Forest Lake Ct SE, Grand Rapids, MI 49546

    $469,900

    • 3 Beds
    • 2.5 Baths
    • 2,464 Sq Ft
    • 4534 Forest Lake Ct SE
    • Grand Rapids, MI

    Absolutely beautiful 3 bedroom home in Forest Hills Northern! The current owners have made this home absolutely stunning so you can move right in! Main level features an open kitchen, eating & living area with fireplace & built-in surrounds. 2nd family room & half bath are also on the main. Upstairs find all 3 bedrooms, including the primary en suite with attached bath and another shared

    Mark Brace Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Section Image
  • 4791 Rimrock Dr NE, Grand Rapids, MI 49525

    $425,000

    • 4 Beds
    • 3 Baths
    • 2,642 Sq Ft
    • 4791 Rimrock Dr NE
    • Grand Rapids, MI

    Welcome to 4791 Rimrock Dr NE in Grand Rapids! This well-maintained 4-bedroom, 3-bathroom home is nestled in the desirable Northview Public School District. The main level features an open-concept living area filled with natural light, leading to a beautiful screened-in deck—perfect for relaxing or entertaining. The primary bedroom offers a private en-suite bathroom, providing a comfortable

    Hunter Nelson Berkshire Hathaway HomeServices Clyde Hendrick

    Section Image
  • 3937 4 Mile Rd NE, Grand Rapids, MI 49525

    $425,000

    • 4 Beds
    • 3 Baths
    • 2,064 Sq Ft
    • 3937 4 Mile Rd NE
    • Grand Rapids, MI

    Welcome home to this walkout ranch in NORTHVIEW Schools on 1.8 wooded acres along a private drive, surrounded by executive homes and close to schools, shopping, and more. This 4-bed, 3-bath home features a NEW roof, water heater, and newer geothermal heating system. Enjoy cathedral ceilings in the open living room with views of the beautiful wooded lot and above-ground pool. The walkout level has

    Donna Anders Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Section Image
  • 548 Pleasant St SE, Grand Rapids, MI 49503

    $540,000

    • 5 Beds
    • 3.5 Baths
    • 2,371 Sq Ft
    • 548 Pleasant St SE
    • Grand Rapids, MI

    Get ready for some prime summer porch sitting in this historic Heritage Hill American Four Square home. The heavy lifting has been done, so you can move right in and get to work creating memories. There's a large welcoming foyer, formal dining with coffered ceilings, 5 bedrooms (1 non-conforming), 3.5 bathrooms, a usable 2nd floor balcony (the only one grandfathered in for use on the street). The

    Kellie Kalish Five Star Real Estate (Eastown)

    Section Image
  • 753 Innes St NE, Grand Rapids, MI 49503

    $425,000

    • 3 Beds
    • 1.5 Baths
    • 1,862 Sq Ft
    • 753 Innes St NE
    • Grand Rapids, MI

    This timeless 3-bedroom, 1.5-bath home sits on a rare double lot and is beautifully maintained with original character throughout. Gorgeous wood floors, detailed woodwork, and leaded glass windows bring warmth + charm to the space. The kitchen and bathrooms have been tastefully updated to blend seamlessly with the home's classic design. Upstairs, all three bedrooms include walk-in closets, and

    Elizabeth Klopp Five Star Real Estate (Eastown)

    Section Image
  • 1085 Oakleigh Rd NW, Grand Rapids, MI 49504

    $450,000

    • 3 Beds
    • 2.5 Baths
    • 1,789 Sq Ft
    • 1085 Oakleigh Rd NW
    • Grand Rapids, MI

    Multiple offers received, highest and best due by Sunday at 3PM. OPEN HOUSE Saturday 12-2PM. Tucked away on 1 acre in Grand Rapid's Westside Connection this beautiful craftsman home is just minutes from everything downtown has to offer! Inside you will find original woodwork, hardwood floors & classic details accompanied by well thought out updates. Main floor features a living room, dining area,

    Jacob Lietaert Keller Williams GR North

    Section Image
  • 109 Paddock Ave SE, Grand Rapids, MI 49506

    $439,900

    • 4 Beds
    • 2 Baths
    • 1,636 Sq Ft
    • 109 Paddock Ave SE
    • Grand Rapids, MI

    Welcome to 109 Paddock! 4 bed 2 bath home located in the highly desirable East Hills neighborhood. Walking distance to the farmer's market, Cherry St, Wealthy St, and Eastown. This Traditional 2 story home has a front porch, back deck and off street parking. Inside you will find original hardwood floors with an updated kitchen and bathrooms. The infrastructure of this home has been completely

    Dan Steffee Green Crown Real Estate LLC

    Section Image
  • 359 Atlas Ave SE, Grand Rapids, MI 49506

    $420,000

    • 4 Beds
    • 1.5 Baths
    • 1,512 Sq Ft
    • 359 Atlas Ave SE
    • Grand Rapids, MI

    Rare opportunity situated in the heart of Eastown between Lake and Wealthy. This four bedroom home with gorgeous oak floors is in excellent condition and is in the TN-TBA Zone District (Traditional neighborhood-Traditional Business Area), providing an opportunity to live, work, or live-work. ''The TN-TBA Zone District is designed to reinforce a pedestrian and transit friendly environment in a

    Tyler VanWingen Greenridge Realty (EGR)

    Section Image
  • 1215 Allerton Ave SE, Grand Rapids, MI 49506

    $525,000

    • 3 Beds
    • 2.5 Baths
    • 2,294 Sq Ft
    • 1215 Allerton Ave SE
    • Grand Rapids, MI

    Discover Your Dream Home in the Heart of one of the areas most desirable neighborhoods! Welcome to this amazing, newly updated 3-bedroom, 2.5-bath gem, where modern elegance meets comfort. Step inside to find a bright and airy open-concept living space, perfect for entertaining or cozy family nights. The chef's kitchen boasts state-of-the-art appliances and chic finishes, making cooking and

    Brandon Ryan 616 Realty LLC

    Section Image
See All Homes in Grand Rapids

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
Jl Equity Group Llc $42,600 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Residential Fund 69 Llc $29,000 None Available
Koetsier Robert L $90,000 Fatic
Koetsier Robert L -- --
-- $22,100 --
Residential Fund 69 Llc $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jl Equity Group Llc $408,000
Closed Jl Equity Group Llc $500,000
Previous Owner Koetsier Robert $65,000
Previous Owner Koetsier Robert L $88,500
Previous Owner Koetsier Robert L $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $42,600 +42.5% $30 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/21/2015 11/21/15 For Sale $29,900 -- $21 / 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
2024 $6,101 $296,800 $0 $0
2023 $5,832 $266,000 $0 $0
2022 $5,752 $219,900 $0 $0
2021 $5,605 $194,500 $0 $0
2020 $5,417 $175,800 $0 $0
2019 $5,377 $138,000 $0 $0
2018 $5,377 $106,000 $0 $0
2017 $4,268 $0 $0 $0
2016 -- $31,300 $0 $0
2015 $2,061 $31,300 $0 $0
2013 -- $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Charboneau

    Seller's Agent in 2016

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    101 Total Sales

    Randy Charboneau
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15060620

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-426-017

Michigan Kent County Grand Rapids 49504 SWAN

947 Hovey St SW, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 947 Hovey St SW, Grand Rapids, MI 49504 since 21 November 2015 and is currently estimated at $543,851, approximately $380 per square foot. This property was built in 1890. 947 Hovey St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes