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1540 Mayfield Avenue Northeast

1540 Mayfield Avenue Northeast, Grand Rapids, MI 49505
Sold Mar 12, 2019
$183,500
$165,150 by Neighborhood Loans
Mortgage Due Mar 01, 2049
Sold Jan 16, 2008
$115,000
$92,000 by Chemical Bank
Mortgage Due Jan 01, 2038
1540 Mayfield Avenue Northeast has been categorized by the local assessors in Grand Rapids, MI as a residential type of property. The building on the property was first built in 1955 and is 69 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1540 Mayfield Avenue Northeast has 1,161 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 9,453 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. The building has a gable style roof. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 1540 Mayfield Avenue Northeast sold most recently in Feb 26, 2019 for a total of $183,500. If you work out the math, that's approximately a cost of $158.05 per sqft. Before that, the property was also sold for $115,000 in Dec 28, 2007. 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 $2,702 in taxes each year. 1540 Mayfield Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,161
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,453
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,161
  • Building Area: 1,161
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,161
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANE & WALSH S EAST LEONARD HEIGHTS SUB
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S 42 FT OF LOT 8 ALSO LOT 7 EX S 22 FT BLK 15* LANE & WALSH S EAST LEONARD HEIGHTS SUB

Ownership

  • Current Owner : KRAMER MARC
  • Previous Owner : BLOCK WILLIAM D
  • Owner Before Previous Owner: MAUE LINDA M
  • Owner Before Previous Owner 2: BISCHOFF RICKY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Rapids Public Schools
  • School Tax School District: GRAND RAPIDS
  • Census Tract: 001103

Zoning

  • Zoning: MCN-LDR

Geography

  • District: 51
  • Parcel: 41-14-17-428-004
  • Block: 15
  • Lot: 7-8
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 42.991
  • Longitude: -85.6322

    Address

  • Full Address: 1540 Mayfield Ave Ne
  • Address - House Number: 1540
  • Street Segment Direction: NE
  • Address - Street Name: Mayfield
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C095
  • 4-Digit Zip Code: 5424
  • Zip Code: 49505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,702
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 267,072
  • High Value: 319,600
  • Low Value: 214,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,150
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Mar 12, 2019
  • First Open Lien Mortgage Loan Amount: $165,150
  • 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: Mar 01, 2049

    Market Valuation

  • Market Total Value: $213,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,800

    Sales

  • Current Sale Contract Date: Feb 26, 2019
  • Current Sale Recording Date: Mar 12, 2019
  • Current Sale Transaction ID: 11590745392
  • Current Sale Price: $183,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190312-0015536
  • Previous Sale Recording Date: Jan 16, 2008
  • Previous Sale Contract Date: Dec 28, 2007
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Mar 12, 2019
  • First Mortgage Loan Amount: $165,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CHEMICAL BANK
  • Previous Mortgage Transaction Date: Jan 16, 2008
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

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Frequently Asked Questions

What neighborhood is 1540 Mayfield Avenue Northeast located in?
The 1540 Mayfield Avenue Northeast is a house located in the neighborhood of Northeast Grand Rapids in Northeast Grand Rapids, Grand Rapids.
What is the average sales price for listings in 1540 Mayfield Avenue Northeast?
The average sales price for units in 1540 Mayfield Avenue Northeast is $0 currently.

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