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2540 Albert Drive Southeast

2540 Albert Drive Southeast, Grand Rapids, MI 49506
Sold Dec 15, 2021
$345,000
$276,000 by Neighborhood Loans Inc
Mortgage Due Jan 01, 2052
Sold Dec 15, 2021
$345,000
$276,000 by Neighborhood Loans
Mortgage Due Jan 01, 2052
2540 Albert Drive Southeast in Grand Rapids, MI was first built in 1948 and is 76 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2540 Albert Drive Southeast has 1,590 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 970 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 9,714 square feet.

Learn more about the property and building on this page. There is a porch. For those who need parking, there is a garage. The garage is 380 sqft. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 10, 2021 for $345,000. That's $216.98 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 2021 for $345,000. 2540 Albert Drive Southeast was last assessed in 2023. The total value of the property was assessed at $230,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,383. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 780
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,714
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARIS PARK NO. 3
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 579 ALSO W 15 FT OF LOT 578 ALSO E 31 FT OF LOT 580 * PARIS PARK NO. 3

Ownership

  • Current Owner : STELTER MICHAEL
  • Current Owner 2: STELLER KRISTA
  • Previous Owner : DOUGLAS M KNIFF TRUST
  • Owner Before Previous Owner: KNIFI DOUGLAS M
  • Owner Before Previous Owner 2: DOUGLAS M KNIFI TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Grand Rapids Public School District
  • School Tax School District: E GRAND RAPIDS
  • Census Tract: 012500

Zoning

  • Zoning: R-2

Geography

  • District: 44
  • Parcel: 41-18-03-182-005
  • Lot: 578-580
  • Municipality: EAST GRAND RAPIDS CITY
  • Latitude: 42.9348
  • Longitude: -85.6057

    Address

  • Full Address: 2540 Albert Dr Se
  • Address - House Number: 2540
  • Street Segment Direction: SE
  • Address - Street Name: Albert
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C035
  • 4-Digit Zip Code: 4782
  • Zip Code: 49506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,383
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.2139
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 70
  • Final Value: 394,195
  • High Value: 478,543
  • Low Value: 309,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: $460,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,400

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11876939177
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 134011
  • Previous Sale Recording Date: Dec 15, 2021
  • Previous Sale Contract Date: Dec 01, 2021
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD LOANS
  • Previous Mortgage Transaction Date: Dec 15, 2021
  • Previous Mortgage Loan Amount: $276,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About East Grand Rapids



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2540 Albert Drive Southeast located in?
The 2540 Albert Drive Southeast is a house located in the neighborhood of East Grand Rapids in East Grand Rapids, Grand Rapids.
What is the average sales price for listings in 2540 Albert Drive Southeast?
The average sales price for units in 2540 Albert Drive Southeast is $0 currently.

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