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1018 Lake Grove Avenue Southeast

1018 Lake Grove Avenue Southeast, Grand Rapids, MI 49506
Sold Apr 27, 2023
$450,000
$360,000 by Neighborhood Loans, Inc.
Mortgage Due May 01, 2053
Sold May 21, 2015
$257,000
$249,246 by Benchmark Mortgage
Mortgage Due Jun 01, 2045
1018 Lake Grove Avenue Southeast in Grand Rapids, MI was first built in 1946 and is 78 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1018 Lake Grove Avenue Southeast has 1,377 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 420 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 5,053 square feet.

Learn more about the property and building on this page. There is a porch. For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1018 Lake Grove Avenue Southeast sold most recently in Apr 24, 2023 for a total of $450,000. If you work out the math, that's approximately a cost of $326.80 per sqft. Before that, the property was also sold for $257,000 in May 7, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,597 in taxes each year. 1018 Lake Grove Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $167,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 636
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,053
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,377
  • Building Area: 1,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OF VACATED ALLEY ADJ THERETO ON THE E
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NLY 35 FT OF LOT 14 & S 1/2 OF VACATED ALLEY ADJ THERETO ON THE N ALSO W 1/2 OF VACATED ALLEY ADJ THERETO ON THE E * WISE &

Ownership

  • Current Owner : SALT MICHAEL
  • Current Owner 2: SNYDER RACHAEL
  • Previous Owner : ROERSMA ANDREW M
  • Owner Before Previous Owner: HILBERT MATTHEW C
  • Owner Before Previous Owner 2: HILBERT COURTNEY T
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: East Grand Rapids Public School District
  • School Tax School District: E GRAND RAPIDS
  • Census Tract: 012500

Zoning

  • Zoning: R-2

Geography

  • District: 44
  • Parcel: 41-14-34-356-004
  • Lot: 14
  • Municipality: EAST GRAND RAPIDS CITY
  • Latitude: 42.9442
  • Longitude: -85.6064

    Address

  • Full Address: 1018 Lake Grove Ave Se
  • Address - House Number: 1018
  • Street Segment Direction: SE
  • Address - Street Name: Lake Grove
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C013
  • 4-Digit Zip Code: 3556
  • Zip Code: 49506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,597
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 75
  • Final Value: 413,334
  • High Value: 491,335
  • Low Value: 335,332

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS, INC.
  • First Open Lien Mortgage Recording Date: Apr 27, 2023
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $335,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,700

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Transaction ID: 11906551308
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22737
  • Previous Sale Recording Date: May 21, 2015
  • Previous Sale Contract Date: May 07, 2015
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS, INC.
  • First Mortgage Transaction Date: Apr 27, 2023
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BENCHMARK MORTGAGE
  • Previous Mortgage Transaction Date: May 21, 2015
  • Previous Mortgage Loan Amount: $249,246
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About East Grand Rapids



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Frequently Asked Questions

What neighborhood is 1018 Lake Grove Avenue Southeast located in?
The 1018 Lake Grove Avenue Southeast is a located in the neighborhood of East Grand Rapids in East Grand Rapids, Grand Rapids.
What is the average sales price for listings in 1018 Lake Grove Avenue Southeast?
The average sales price for units in 1018 Lake Grove Avenue Southeast is $0 currently.

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