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256 Eastern Avenue Southeast

256 Eastern Avenue Southeast, Grand Rapids, MI 49503
Property in East Hills
Sold May 07, 2020
$187,500
$140,625 by Neighborhood Loans
Mortgage Due May 01, 2050
Sold Sep 15, 2014
$95,000
$71,250 by United Bank Mortgage Corporati
Mortgage Due Aug 27, 2019
256 Eastern Avenue Southeast in Grand Rapids, MI was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 256 Eastern Avenue Southeast has 2,104 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 1,000. In total, the area measurement of the land is 4,008 square feet.

Learn more about the property and building on this page. The home has a gable style roof. 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, 256 Eastern Avenue Southeast sold most recently in Apr 27, 2020 for a total of $187,500. If you work out the math, that's approximately a cost of $89.12 per sqft. Before that, the property was also sold for $95,000 in Aug 27, 2014. 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 $5,548 in taxes each year. 256 Eastern Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,900. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 532
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,008
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,104
  • Building Area: 2,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,104
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C W TUFT S SECOND ADD
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7* C W TUFT S SECOND ADDITION

Ownership

  • Current Owner : DAVIES ANDREW
  • Current Owner 2: MARSHALL CHRISTOPHER
  • Previous Owner : GRB PROPERTIERS LLC
  • Owner Before Previous Owner: LEWIS ANDREW
  • Owner Before Previous Owner 2: LEWIS SARAH
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Grand Rapids Public Schools
  • School Tax School District: GRAND RAPIDS
  • Census Tract: 002500

Zoning

  • Zoning: TN-MDR

Geography

  • District: 51
  • Parcel: 41-14-29-352-006
  • Lot: 7
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 42.9579
  • Longitude: -85.6491

    Address

  • Full Address: 256 Eastern Ave Se
  • Address - House Number: 256
  • Street Segment Direction: SE
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C028
  • 4-Digit Zip Code: 4740
  • Zip Code: 49503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,548
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 75
  • Final Value: 340,503
  • High Value: 404,887
  • Low Value: 276,118

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $281,250
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: May 07, 2020
  • First Open Lien Mortgage Loan Amount: $140,625
  • 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, 2050
  • Second Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • Second Open Lien Mortgage Recording Date: Jan 08, 2021
  • Second Open Lien Mortgage Loan Amount: $140,625
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $251,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,900

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Transaction ID: 11767308336
  • Current Sale Price: $187,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200507-0038212
  • Previous Sale Recording Date: Sep 15, 2014
  • Previous Sale Contract Date: Aug 27, 2014
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: May 07, 2020
  • First Mortgage Loan Amount: $140,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNITED BANK MORTGAGE CORPORATI
  • Previous Mortgage Transaction Date: Sep 15, 2014
  • Previous Mortgage Loan Amount: $71,250
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 27, 2019

About East Hills



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Frequently Asked Questions

What neighborhood is 256 Eastern Avenue Southeast located in?
The 256 Eastern Avenue Southeast is a located in the neighborhood of East Hills in East Hills, Grand Rapids.
What is the average sales price for listings in 256 Eastern Avenue Southeast?
The average sales price for units in 256 Eastern Avenue Southeast is $0 currently.

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