NOT LISTED FOR SALE

1118 Lake Grove Ave SE Grand Rapids, MI 49506

Estimated Value: $394,000 - $616,000

4 Beds
2 Baths
1,958 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $272,000 $139 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,509/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Mud Room
  • East Grand Rapids High School Rated A
  • Sun or Florida Room
  • 2 Car Detached Garage

About This Home

As of August 2020

Lot's of cottage-like character in this lovely brick home in East Grand Rapids. This home is located within walking distance of GasLight village & Collin's Park on Reeds Lake. Or get an ice cream at Jersey Junction! Hardwood floors under the carpets on the main floor. The main floor includes: Front entry, living room w/ wood burning fireplace, detailed ceilings, picture window that lets in lots of light, formal dining room, 2 bedrooms, full bath, step saver kitchen w/ an eating area & an enclosed back porch. Upstairs is unique w/ a split staircase to each of the 2 bedrooms & another full updated bathroom. The basement level has a partially finished family room, laundry room, utility room & plenty of storage space. Plus a 2 stall garage. Roof 2018. Furnace, Central air & water heater 2010 windows (except back porch. picture window in living room and window in kitchen) are all new as of 2018 per the seller! Buyer to confirm all information is accurate.

Last Listed By

Tiffany Ireland

Grand Rapids Realty Listed on: 07/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1949

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 54 x 127
  • Garden

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,555

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1958.0
  • Window Features: Window Treatments
  • Basement Rooms:Total Basement SQFT: 988.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 299900.0
  • Patio and Porch Features: 3 Season Room
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 54 x 127
  • Lot Size Sq Ft: 6839.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5555.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Boeschenstein Jane E
Bought by
Boeschenstein Jane E
Total Days on Market
5
Current Estimated Value
$506,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$366,398
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$105,221

Purchase Details

Closed on
Nov 1, 2021
Sold by
Boeschenstein Jane E and Jane E Boeschenstein Protection Trust
Bought by
Boeschenstein Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$366,398
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$105,221

Purchase Details

Closed on
Oct 22, 2021
Sold by
Jane E Boeschenstein Protection Trust
Bought by
Boeschenstein Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$366,398
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$105,221

Purchase Details

Closed on
Jan 19, 2021
Sold by
Boeschenstein Jane E
Bought by
Jane E Boeschenstein Protection Trust and Boeschenstein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2021
Sold by
Boeschenstein Jane E
Bought by
Boeschenstein Jane E and Boeschenstein Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 21, 2020
Sold by
Ralph W Jones And Alice I Jones Family T
Bought by
Boeschenstein Jane E
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Allison Bok
Keller Williams GR North
List Price
$299,900
Sold Price
$272,000
Premium/Discount to List
-$27,900
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$217,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 17, 2020
Sold by
Ralph W Jone S and Ralph Fmtr Alice
Bought by
Boeschenstein Jane E
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Allison Bok
Keller Williams GR North
List Price
$299,900
Sold Price
$272,000
Premium/Discount to List
-$27,900
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2019
Sold by
Jones Alice I and Jones Bruce E
Bought by
Jones Jones Bruce E Bruce E and Jones Ralph W

Purchase Details

Closed on
Jun 18, 2018
Sold by
Jones Jones Bruce E Bruce E and Jones Ralph W
Bought by
Jones Alice J

Purchase Details

Closed on
Mar 1, 1989
Bought by
Jones Ralph W Trust

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boeschenstein Jane E -- None Listed On Document
Boeschenstein Jane E -- None Available
Boeschenstein Jane E -- None Listed On Document
Jane E Boeschenstein Protection Trust -- None Listed On Document
Boeschenstein Jane E -- None Available
Boeschenstein Jane E $272,000 None Listed On Document
Boeschenstein Jane E $272,000 Owners Title Agency Llc
Jones Jones Bruce E Bruce E -- None Available
Jones Alice J -- None Available
Jones Ralph W Trust $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boeschenstein Jane E $395,000
Previous Owner Boeschenstein Jane E $395,000
Previous Owner Boeschenstein Jane Elizabeth $381,500
Previous Owner Boeschenstein Jane E $217,600
Previous Owner Boeschenstein Jane E $217,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $272,000 -9.3% $139 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $299,900 -- $153 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,201 $218,000 $0 $0
2023 $8,431 $196,900 $0 $0
2022 $7,991 $169,200 $0 $0
2021 $7,485 $155,500 $0 $0
2020 $5,255 $154,200 $0 $0
2019 $3,981 $141,100 $0 $0
2018 $3,918 $133,200 $0 $0
2017 $3,854 $124,500 $0 $0
2016 $3,774 $108,000 $0 $0
2015 -- $108,000 $0 $0
2013 -- $96,700 $0 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028151

Southwestern Michigan Association of REALTORS®

APN: 41-14-34-356-016