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503 Park Place Drive Northeast

503 Park Place Drive Northeast, Rockford, MI 49341
Property in Rockford
Sold Jul 06, 2022
$455,700
Sold Dec 29, 2021
$215,000
$9,000,000 by Lake Michigan Credit Union
Mortgage
503 Park Place Drive Northeast has been categorized by the local assessors in Rockford, MI as a residential type of property. The linear feet between the front and back of the lot is 1,262 ft and across the front of the lot is 680 ft. The area measurement of the land has been determined as 8,581 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. 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, 503 Park Place Drive Northeast sold most recently in Jul 1, 2022 for a total of $455,700. Before that, the property was also sold for $215,000 in Dec 20, 2021. 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 $2,591 in taxes each year. 503 Park Place Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $256,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,581
  • Lot Size Depth Feet: 1,262
  • Lot Size Frontage Feet: 680
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 190 207 HERITAGE PARK OF ROCKFORD NO. 5
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 410635210011 LOT 185 * HERITAGE PARK OF ROCKFORD NO.5 SPLIT/COMBINED ON 10/30/2019 FROM 41-06-35-201-019;

Ownership

  • Current Owner : KELLY IAN T
  • Current Owner 2: OBENAUER KELLY M
  • Previous Owner : ROERSMA & WURN BUILDERS INC
  • Owner Before Previous Owner: REDSTONE GROUP HERITAGE PARK LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockford Public Schools
  • School Tax School District: ROCKFORD
  • Census Tract: 010602

Zoning

  • Zoning: PUD

Geography

  • District: 79
  • Parcel: 41-06-35-210-011
  • Lot: 185
  • Municipality: ROCKFORD CITY
  • Latitude: 43.1278
  • Longitude: -85.5792

    Address

  • Full Address: 503 Park Place Dr Ne
  • Address - House Number: 503
  • Street Segment Direction: NE
  • Address - Street Name: Park Place
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Rockford
  • Carrier Code: R013
  • 4-Digit Zip Code: 7204
  • Zip Code: 49341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,591
  • Tax Rate Code Area: 79

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 80
  • Final Value: 568,321
  • High Value: 656,460
  • Low Value: 480,181

    Market Valuation

  • Market Total Value: $513,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,800

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Transaction ID: 11893316724
  • Current Sale Price: $455,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54451
  • Previous Sale Recording Date: Dec 29, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LAKE MICHIGAN CREDIT UNION
  • Previous Mortgage Transaction Date: Dec 29, 2021
  • Previous Mortgage Loan Amount: $9,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Rockford



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Frequently Asked Questions

What neighborhood is 503 Park Place Drive Northeast located in?
The 503 Park Place Drive Northeast is a located in the neighborhood of Rockford in Rockford, Rockford.
What is the average sales price for listings in 503 Park Place Drive Northeast?
The average sales price for units in 503 Park Place Drive Northeast is $0 currently.

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