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572 Madison Avenue Southeast

572 Madison Avenue Southeast, Grand Rapids, MI 49503
Property in South Hill
Sold Feb 05, 2018
$280,000
$225,000 by E Mortgage Management Llc
Mortgage Due May 01, 2035
Sold Aug 12, 1988
$37,500
572 Madison Avenue Southeast in Grand Rapids, MI was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 572 Madison Avenue Southeast has 3,530 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 460 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 6,055 square feet.

Learn more about the property and building on this page. The home has a hip style roof. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 572 Madison Avenue Southeast sold most recently in Jan 31, 2018 for a total of $280,000. If you work out the math, that's approximately a cost of $79.32 per sqft. Before that, the property was also sold for $37,500 in Aug 12, 1988. 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 $9,226 in taxes each year. 572 Madison Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $218,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,930
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,055
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 460
  • Total Building Area: 3,530
  • Building Area: 3,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,530
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEALD ADD
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4* HEALD ADDITION

Ownership

  • Current Owner : BREWER LINGG
  • Previous Owner : SMITH DANNY
  • Previous Owner 2: SMITH CHERYL

Neighborhood

  • School District Name: Grand Rapids Public Schools
  • School Tax School District: GRAND RAPIDS
  • Census Tract: 002900

Zoning

  • Zoning: TN-LDR

Geography

  • District: 51
  • Parcel: 41-14-31-205-017
  • Lot: 4
  • Municipality: GRAND RAPIDS CITY
  • Latitude: 42.9519
  • Longitude: -85.6588

    Address

  • Full Address: 572 Madison Ave Se
  • Address - House Number: 572
  • Street Segment Direction: SE
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Grand Rapids
  • Carrier Code: C011
  • 4-Digit Zip Code: 5314
  • Zip Code: 49503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,226
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 74
  • Final Value: 462,167
  • High Value: 550,186
  • Low Value: 374,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: May 07, 2020
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Market Valuation

  • Market Total Value: $436,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,200

    Sales

  • Current Sale Contract Date: Jan 31, 2018
  • Current Sale Recording Date: Feb 05, 2018
  • Current Sale Transaction ID: 11400711578
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180205-0009453
  • Previous Sale Recording Date: Aug 12, 1988
  • Previous Sale Contract Date: Aug 12, 1988
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE CO
  • First Mortgage Transaction Date: Feb 05, 2018
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

About South Hill



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Frequently Asked Questions

What neighborhood is 572 Madison Avenue Southeast located in?
The 572 Madison Avenue Southeast is a located in the neighborhood of South Hill in South Hill, Grand Rapids.
What is the average sales price for listings in 572 Madison Avenue Southeast?
The average sales price for units in 572 Madison Avenue Southeast is $0 currently.

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