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5495 Discovery Drive Southeast

5495 Discovery Drive Southeast, Grand Rapids, MI 49508
Property in Kentwood
Sold Apr 28, 2015
$240,000
$160,000 by Inlanta Mortgage Inc
Mortgage Due May 01, 2045
5495 Discovery Drive Southeast in Grand Rapids, MI was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5495 Discovery Drive Southeast has 2,014 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 860 ft and the linear feet between the front and back of the lot is 1,520. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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. 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, 5495 Discovery Drive Southeast sold most recently in Apr 24, 2015 for a total of $240,000. If you work out the math, that's approximately a cost of $119.17 per sqft. 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 $4,105 in taxes each year. 5495 Discovery Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Ranch/Rambler
  • Basement Type: Unspecified basement
  • Basement Area: 1,602
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,014
  • Building Area: 2,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRINCETON MEADOWS NO.2
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 48 * PRINCETON MEADOWS NO.2

Ownership

  • Current Owner : PALMER WILLIAM A
  • Current Owner 2: PALMER ANNA
  • Previous Owner : HELMER JOHN L
  • Previous Owner 2: HELMER ELIZABETH R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kentwood Public Schools
  • School Tax School District: KENTWOOD
  • Census Tract: 012702

Zoning

  • Zoning: R1-C

Geography

  • District: 65
  • Parcel: 41-18-33-296-020
  • Lot: 48
  • Municipality: KENTWOOD CITY
  • Latitude: 42.8638
  • Longitude: -85.6066

    Address

  • Full Address: 5495 Discovery Dr Se
  • Address - House Number: 5495
  • Street Segment Direction: SE
  • Address - Street Name: Discovery
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C071
  • 4-Digit Zip Code: 6651
  • Zip Code: 49508

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,105
  • Tax Rate Code Area: 65

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 75
  • Final Value: 437,452
  • High Value: 518,521
  • Low Value: 356,383

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,500
  • First Open Lien Mortgage Lender: INLANTA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 28, 2015
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: May 01, 2045
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 18, 2022
  • Second Open Lien Mortgage Loan Amount: $140,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $368,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,000

    Sales

  • Current Sale Contract Date: Apr 24, 2015
  • Current Sale Recording Date: Apr 28, 2015
  • Current Sale Transaction ID: 1217679565
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20150428-0036040

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 28, 2015
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

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Frequently Asked Questions

What neighborhood is 5495 Discovery Drive Southeast located in?
The 5495 Discovery Drive Southeast is a located in the neighborhood of Kentwood in Kentwood, Grand Rapids.
What is the average sales price for listings in 5495 Discovery Drive Southeast?
The average sales price for units in 5495 Discovery Drive Southeast is $0 currently.

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