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1816 Jerome Avenue Southwest

1816 Jerome Avenue Southwest, Grand Rapids, MI 49507
Property in Garfield Park
Sold Apr 29, 2021
$132,000
$124,160 by Mercantile Bank Of Michigan
Mortgage Due May 01, 2051
Sold Nov 07, 2012
$27,100
Local assessors in Grand Rapids, MI have categorized 1816 Jerome Avenue Southwest as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 5,227 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There are also 2 partial bathrooms. 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 1816 Jerome Avenue Southwest has a total of 832 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. 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, 1816 Jerome Avenue Southwest was last sold in Apr 27, 2021 for $132,000. According to our calculations, that's $158.65 per sqft. Prior to that sales transaction, the property was sold for $27,100 in Oct 25, 2012. Current property owners are expected to pay $1,223 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 1816 Jerome Avenue Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 568
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 400
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 832
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADRIAN BUYS ADD
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5* ADRIAN BUYS ADDITION

Ownership

  • Current Owner : GREINER WAYNE THOMAS
  • Previous Owner : RODRIGUEZ GERARDO
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Grand Rapids Public Schools
  • School Tax School District: GRAND RAPIDS
  • Census Tract: 003800

Zoning

  • Zoning: TN-LDR

Geography

  • District: 51
  • Parcel: 41-17-01-378-006
  • Lot: 5
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 42.9308
  • Longitude: -85.677

    Address

  • Full Address: 1816 Jerome Ave Sw
  • Address - House Number: 1816
  • Street Segment Direction: SW
  • Address - Street Name: Jerome
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C017
  • 4-Digit Zip Code: 2323
  • Zip Code: 49507

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,223
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.48
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 3
  • Final Value: 124,287
  • High Value: 183,949
  • Low Value: 64,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,160
  • First Open Lien Mortgage Lender: MERCANTILE BANK OF MICHIGAN
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $124,160
  • 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: $97,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,500

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11837683804
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210429-0051284
  • Previous Sale Recording Date: Nov 07, 2012
  • Previous Sale Contract Date: Oct 25, 2012
  • Previous Sale Amount: $27,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCANTILE BANK OF MICHIGAN
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $124,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 1816 Jerome Avenue Southwest located in?
The 1816 Jerome Avenue Southwest is a located in the neighborhood of Garfield Park in Garfield Park, Grand Rapids.
What is the average sales price for listings in 1816 Jerome Avenue Southwest?
The average sales price for units in 1816 Jerome Avenue Southwest is $0 currently.

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