Check Availability

2865 Lake Drive Southeast

2865 Lake Drive Southeast, Grand Rapids, MI 49506
Sold Sep 14, 2022
$685,000
$582,250 by Nbkc Bank
Mortgage Due Oct 01, 2052
Sold Jan 03, 2020
$350,000
$270,000 by Lake Michigan Cu
Mortgage Due Jan 01, 2050
Local assessors in Grand Rapids, MI have categorized 2865 Lake Drive Southeast as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 22,521 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2865 Lake Drive Southeast has a total of 2,496 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 garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 14, 2022 for $685,000. That's $274.44 per sqft. Prior to that sales transaction, the property was also sold in Dec 20, 2019 for $350,000. 2865 Lake Drive Southeast was last assessed in 2023. The total value of the property was assessed at $277,000. 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 $10,851. 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

Brick Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Ranch/Rambler
  • Basement Type: Unspecified basement
  • Basement Area: 2,412
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 22,521
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAVENSWOOD PLAT
  • Land Acres: 0.517
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 283 & 284 * RAVENSWOOD PLAT

Ownership

  • Current Owner : MULROY JOHN W
  • Current Owner 2: MULROY DESIREE
  • Previous Owner : GERKIN PATRICK
  • Owner Before Previous Owner: BROOMBERG LAURENCE A
  • Owner Before Previous Owner 2: BROOMBERG STEPHANIE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: East Grand Rapids Public School District
  • School Tax School District: E GRAND RAPIDS
  • Census Tract: 012300

Zoning

  • Zoning: R-2

Geography

  • District: 44
  • Parcel: 41-18-03-202-001
  • Lot: 283-284
  • Municipality: EAST GRAND RAPIDS CITY
  • Latitude: 42.9407
  • Longitude: -85.5982

    Address

  • Full Address: 2865 Lake Dr Se
  • Address - House Number: 2865
  • Street Segment Direction: SE
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C055
  • 4-Digit Zip Code: 4278
  • Zip Code: 49506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,851
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.0926
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 91
  • Final Value: 673,599
  • High Value: 735,998
  • Low Value: 611,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $582,250
  • First Open Lien Mortgage Lender: NBKC BANK
  • First Open Lien Mortgage Recording Date: Sep 14, 2022
  • First Open Lien Mortgage Loan Amount: $582,250
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $554,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,000

    Sales

  • Current Sale Contract Date: Sep 14, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Transaction ID: 11897365279
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72327
  • Previous Sale Recording Date: Jan 03, 2020
  • Previous Sale Contract Date: Dec 20, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBKC BANK
  • First Mortgage Transaction Date: Sep 14, 2022
  • First Mortgage Loan Amount: $582,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LAKE MICHIGAN CU
  • Previous Mortgage Transaction Date: Jan 03, 2020
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About East Grand Rapids



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2865 Lake Drive Southeast located in?
The 2865 Lake 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 2865 Lake Drive Southeast?
The average sales price for units in 2865 Lake Drive Southeast is $0 currently.

Quantcast