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1500 Cedar Street

1500 Cedar Street, Grand Rapids, MI 49503
Sold Dec 09, 2021
$190,000
$186,558 by Finance Of America Mortgage Ll
Mortgage Due Dec 01, 2051
Sold Jul 10, 2007
$85,000
$85,000 by Independent Mortgage Co West M
Mortgage Due Jul 01, 2037
Local assessors in Grand Rapids, MI have categorized 1500 Cedar Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 5,837 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1500 Cedar Street has a total of 1,056 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 carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1500 Cedar Street was last sold in Nov 29, 2021 for $190,000. According to our calculations, that's $179.92 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Jun 25, 2007. Current property owners are expected to pay $1,936 in taxes per year. The property on 1500 Cedar Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 845
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,837
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11* BELMONT

Ownership

  • Current Owner : BROWN NICOLE MARIE
  • Previous Owner : HOWARD
  • Previous Owner 2: ROBERT
  • Owner Before Previous Owner: SMITH EDDIE
  • Owner Before Previous Owner 2: SMITH MICHELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Rapids Public Schools
  • School Tax School District: GRAND RAPIDS
  • Census Tract: 001104

Zoning

  • Zoning: MCN-LDR

Geography

  • District: 51
  • Parcel: 41-14-20-277-001
  • Lot: 11
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 42.9806
  • Longitude: -85.6322

    Address

  • Full Address: 1500 Cedar St Ne
  • Address - House Number: 1500
  • Street Segment Direction: NE
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C048
  • 4-Digit Zip Code: 1330
  • Zip Code: 49503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,936
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 70
  • Final Value: 212,955
  • High Value: 258,309
  • Low Value: 167,601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,558
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $186,558
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $151,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,700

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11875918430
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 132281
  • Previous Sale Recording Date: Jul 10, 2007
  • Previous Sale Contract Date: Jun 25, 2007
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $186,558
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT MORTGAGE CO WEST M
  • Previous Mortgage Transaction Date: Jul 10, 2007
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

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Frequently Asked Questions

What neighborhood is 1500 Cedar Street located in?
The 1500 Cedar Street is a located in the neighborhood of Northeast Grand Rapids in Northeast Grand Rapids, Grand Rapids.
What is the average sales price for listings in 1500 Cedar Street?
The average sales price for units in 1500 Cedar Street is $0 currently.

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