Check Availability

1048 Lyon Street Northeast

1048 Lyon Street Northeast, Grand Rapids, MI 49503
Property in Midtown
Sold Apr 23, 2021
$275,002
$251,750 by United Wholesale Mortgage
Mortgage Due May 01, 2051
Sold Jan 28, 2021
$152,000
$150,000 by Fng Properties Llc
Mortgage Due Jul 25, 2021
1048 Lyon Street Northeast in Grand Rapids, MI was first built in 1927 and is 97 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1048 Lyon Street Northeast has 1,303 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 400 ft and the linear feet between the front and back of the lot is 1,160. In total, the area measurement of the land is 4,661 square feet.

Learn more about the property and building on this page. The home has a gambrel style roof. For those who need parking, there is a garage. The garage is 216 sqft. There is one available parking space. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 1048 Lyon Street Northeast sold most recently in Apr 19, 2021 for a total of $275,002. If you work out the math, that's approximately a cost of $211.05 per sqft. Before that, the property was also sold for $152,000 in Jan 25, 2021. 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 $2,982 in taxes each year. 1048 Lyon Street Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $111,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Roof Shape Type: Gambrel
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 679
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,661
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,303
  • Building Area: 1,303
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,303
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J F HANRAHAN ADD
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 49* J F HANRAHAN ADDITION

Ownership

  • Current Owner : KLEIN JOHN
  • Current Owner 2: KREBS ALICIA
  • Previous Owner : JA RENOVATIONS INC
  • Owner Before Previous Owner: LE HO TAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Rapids Public Schools
  • School Tax School District: GRAND RAPIDS
  • Census Tract: 002200

Zoning

  • Zoning: TN-LDR

Geography

  • District: 51
  • Parcel: 41-14-29-176-015
  • Lot: 49
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 42.9665
  • Longitude: -85.6427

    Address

  • Full Address: 1048 Lyon St Ne
  • Address - House Number: 1048
  • Street Segment Direction: NE
  • Address - Street Name: Lyon
  • Address - Suffix Type: St
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C052
  • 4-Digit Zip Code: 3637
  • Zip Code: 49503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,982
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 75
  • Final Value: 263,453
  • High Value: 311,863
  • Low Value: 215,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $251,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $223,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,700

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11836640300
  • Current Sale Price: $275,002
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210423-0048486
  • Previous Sale Recording Date: Jan 28, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FNG PROPERTIES LLC
  • Previous Mortgage Transaction Date: Jan 28, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 25, 2021

About Midtown



Similar Buildings

Property at 1048 Lyon Street Northeast,

1139 Fountain Street Northeast

  • 1 Unit for Sale
1139 Fountain Street Northeast, Grand Rapids, MI 49503
Property at 1048 Lyon Street Northeast,

345 Diamond Avenue Northeast

  • 1 Unit for Sale
345 Diamond Avenue Northeast, Grand Rapids, MI 49503
Property at 1048 Lyon Street Northeast,

15 Grand Avenue Northeast

  • 1 Unit for Sale
15 Grand Avenue Northeast, Grand Rapids, MI 49503
Property at 1048 Lyon Street Northeast,

114 Carlton Avenue Southeast

  • 1 Unit for Sale
114 Carlton Avenue Southeast, Grand Rapids, MI 49506
Property at 1048 Lyon Street Northeast,

216 Carlton Avenue Southeast

  • 1 Unit for Sale
216 Carlton Avenue Southeast, Grand Rapids, MI 49506
Property at 1048 Lyon Street Northeast,

631 Kellogg Street Southeast

  • 1 Unit for Sale
631 Kellogg Street Southeast, Grand Rapids, MI 49503
Property at 1048 Lyon Street Northeast,

254 College Avenue Southeast

  • 1 Unit for Sale
254 College Avenue Southeast, Grand Rapids, MI 49503
Property at 1048 Lyon Street Northeast,

1125 Bemis Street Southeast

  • 1 Unit for Sale
1125 Bemis Street Southeast, Grand Rapids, MI 49506
Property at 1048 Lyon Street Northeast,

293 Rosewood Avenue Southeast

  • 1 Unit for Sale
293 Rosewood Avenue Southeast, Grand Rapids, MI 49506

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,145 /mo

  • 1 Bed
  • 1 Bath
Listing by Churchdale Apartments

Frequently Asked Questions

What neighborhood is 1048 Lyon Street Northeast located in?
The 1048 Lyon Street Northeast is a located in the neighborhood of Midtown in Midtown, Grand Rapids.
What is the average sales price for listings in 1048 Lyon Street Northeast?
The average sales price for units in 1048 Lyon Street Northeast is $0 currently.

Quantcast