326 Spruce Street Southeast

326 Spruce Street Southeast 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 1957 and is 67 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. 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, 326 Spruce Street Southeast has 1,251 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 1,460 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 8,189 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 308 sqft. According to our sources, there is one available parking space. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 326 Spruce Street Southeast sold most recently in Apr 25, 2012 for a total of $51,500. If you work out the math, that's approximately a cost of $41.17 per sqft. Before that, the property was also sold for $56,250 in Feb 16, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,701 in taxes each year. 326 Spruce Street Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,900. 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.