NOT LISTED FOR SALE
2 Beds
1 Bath
1,031 Sq Ft
5 Acres

About This Home

The Plaza at Lamberton offers updated 1 and 2-bedroom apartment homes on the Northeast side of town, just minutes from Downtown Grand Rapids. Our pet-friendly apartment homes feature upgraded appliances, granite countertops, wood-style flooring, a private patio/balcony, an in-home washer & dryer, and more. Our residents enjoy direct access to Lamberton Lake, a 30-acre private lake for swimming, lakeside lounging, kayaking, paddle boarding, and fishing! Other amenities include assigned carports and a 24-hour onsite fitness center. The Plaza at Lamberton is conveniently located to shopping, I-96, dining, as well as minutes from downtown.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Plaza Mi Partners Llc
Bought by
Mimg Ccxvii Plaza Sub Llc and Bradley The Plaza Apts Gr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,841,000
Outstanding Balance
$3,713,315
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2022
Sold by
Plaza Mi Partners Llc
Bought by
Mimg Ccxvii Plaza Sub Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,841,000
Outstanding Balance
$3,713,315
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Plaza Drive Llc
Bought by
Plaza Mi Partners Llc

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Mimg Ccxvii Plaza Sub Llc -- Holland & Hart Llp
Mimg Ccxvii Plaza Sub Llc -- Holland & Hart Llp
Plaza Mi Partners Llc -- None Available
Plaza Mi Partners Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mimg Ccxvii Plaza Sub Llc $3,841,000
Previous Owner Plaza Mi Partners Llc $2,820,000
Previous Owner Plaza Drive Llc $1,600,000
Closed Plaza Mi Partners Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Price Changed $1,336 +0.8% $1 / Sq Ft
07/05/2023 07/05/23 Price Changed $1,326 +13.4% $1 / Sq Ft
06/21/2023 06/21/23 For Rent -- -- --
05/24/2023 05/24/23 For Rent $1,169 -- --

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 $99,607 $2,151,700 $0 $0
2023 $95,208 $1,901,500 $0 $0
2022 $62,858 $1,564,900 $0 $0
2021 $61,245 $1,306,800 $0 $0
2020 $59,194 $1,306,800 $0 $0
2019 $60,607 $1,135,700 $0 $0
2018 $41,689 $1,000,000 $0 $0
2017 $41,156 $824,000 $0 $0
2016 $40,837 $801,600 $0 $0
2015 $38,910 $801,600 $0 $0
2013 -- $749,100 $0 $0
Source: Public Records

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