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1030 Luce Street

1030 Luce Street, Grand Rapids, MI 49534
Property in Tallmadge
Sold Jan 24, 2022
$580,000
$580,000 by Lake Michigan Cu
Mortgage Due Jan 01, 2052
Sold Sep 04, 2019
$450,000
$388,000 by Asset Mutual Mortgage Inc
Mortgage Due Sep 01, 2049
Local assessors in Grand Rapids, MI have categorized 1030 Luce Street as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 192,535 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1030 Luce Street has a total of 2,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,038 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 1030 Luce Street sold most recently in Dec 3, 2021 for a total of $580,000. If you work out the math, that's approximately a cost of $203.65 per sqft. Before that, the property was also sold for $450,000 in Aug 30, 2019. 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 $6,651 in taxes each year. 1030 Luce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $296,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,400
  • Garage Type: Garage
  • Garage Square Area: 1,038
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 192,535
  • Total Building Area: 2,848
  • Building Area: 2,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOPKINS ADD
  • Land Acres: 4.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THAT PART GOV LOT 2, COM NW COR SE 1/4, TH E 1120 FT & S 2D 39M E 595 FT TO PT OF BEG, TH E 20914 FT, TH S 2D 06M E 62214 FT,

Ownership

  • Current Owner : RACINE NICHOLAS G
  • Current Owner 2: RACINE ALEXA M
  • Previous Owner : RUTHKOWSKI JEFFREY S
  • Previous Owner 2: RUTHKOWSKI BREANA N
  • Owner Before Previous Owner: BOUMA DAVID
  • Owner Before Previous Owner 2: BOUMA KATHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grandville Public Schools
  • School Tax School District: GRANDVILLE
  • Census Tract: 021401

Geography

  • District: 25
  • Parcel: 70-10-35-400-008
  • Block: 400
  • Lot: 2
  • Meridian: SEC 35 TWN 07N RNG 13W
  • Municipality: TALLMADGE TWP
  • Latitude: 42.9486
  • Longitude: -85.8091

    Address

  • Full Address: 1030 Luce St Sw
  • Address - House Number: 1030
  • Street Segment Direction: SW
  • Address - Street Name: Luce
  • Address - Suffix Type: St
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: R005
  • 4-Digit Zip Code: 9614
  • Zip Code: 49534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,651

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 700,355
  • High Value: 806,940
  • Low Value: 593,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $580,000
  • First Open Lien Mortgage Lender: LAKE MICHIGAN CU
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Loan Amount: $580,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $593,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Transaction ID: 11888352656
  • Current Sale Price: $580,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3281
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Aug 30, 2019
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ASSET MUTUAL MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 04, 2019
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Ottawa



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Frequently Asked Questions

What neighborhood is 1030 Luce Street located in?
The 1030 Luce Street is a located in the neighborhood of Tallmadge in Ottawa, Grand Rapids.
What is the average sales price for listings in 1030 Luce Street?
The average sales price for units in 1030 Luce Street is $0 currently.

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