Elegant Living Available in East Grand Rapids MI

East Grand Rapids Michigan 4 bedroom, 2.5 bath home with updated

amenities,  decorated in a soft color palette, with many upgrades and extras

could be the home you return to after your long work day.  This East Grand

Rapids all brick home has been lovingly maintained and kept up to date in

numerous ways. 

3000 lake dr east grand rapids mi home for sale

A new recreation room with  fireplace, two lower level bedrooms with daylight

windows and a newer full bath have been added to the lower level.  And

extensive deck addition with pergola makes the back yard a wonderful place

to entertain friends and family in East Grand Rapids. A large enclosed porch

with a slate floor, solar window blinds, and a ceiling fan could be a fabulous

place to spend your evenings or weekends.

3000 Lake Dr SE East Grand Rapids mi home for sale

A large formal living room with fireplace, a dining room, a kitchen with central

island, a large laundry or craft room, a family room, a small den or office, a

half bath, and 2 bedrooms and a full bath are all on the main level.  Many

rooms have recessed lighting, custom window treatments and soft updated

colors.

This home includes underground sprinkling, all appliances, and a one year

home warranty for buyers.  Take a look at 3000 Lake Drive SE,

East Grand Rapids, you could decide to make elegant living your style

with this home.

3000 lake dr east grand rapids mi home for sale

Offered at $265,000                              MLS # 729311

More information about this home can be seen at:

Grand Rapids – Ada Real Estate  Copyright 2008 all rights reserved

Kentwood Michigan Real Estate Market Report Dec 2008

Kentwood Michigan is a large suburb of Grand Rapids with a population

under 50,000. It has manufacturing, shopping centers, and lots and lots

of residential housing. Kentwood Public Schools are one of the largest

school systems in the area with over 9000 students and 16 buildings within

a 24.25 square mile area.

kentwood high school football stadium

The downward trend of the last few years in Kentwood home sales has been

continuing this year, with most of the fall due to foreclosures and bank owned

homes flooding the market with homes at bargain prices.  The upper end

homes in Kentwood are sitting on the market, most at prices too high for

 today’s buyer.  Your list price has to be close to the sale price or your home

just doesn’t get serious buyer activity. 

 

In 2006, Kentwood has 495 home sales – average sold price:$159,788. 

 

In 2007, Kentwood had 434 homes sales – average sold price:$151,009.

 

In 2008, Kentwood had 722 home sales – average sold price: $115,127.

 

Home sales for Kentwood in the $70,000 to $150,000 price range 

 total of 140 selling in the third and fourth quarter of 2008. 

Kentwood Absorption Rate for this price range is 12.26 months, at the

current rate of sale (which means if no new listings come on the market, it

will take 12.26 months to sell the listed homes).

Average Kentwood sold price: $116,503 

Average Kentwood Sold Price per Sq Ft: $87.48

Average Kentwood List Price: $ 124,725

Average Kentwood List Price/SqFt: $ 97.90

 

Home Sales for Kentwood MI in the $150,000 to $400,000 Price Range

Third & Fourth Quarter Home Sales for Kentwood in this price range are 30.

Kentwood Absorption Rate for this price range is 35.6 months.

Average Kentwood Sold Price is $181,414

Average Kentwood Sold Price per Sq Ft is $101.66

Average Kentwood List Price: $ 186,727

Average Kentwood List Price/SqFt: $ 107.02

 

Kentwood MI Real Estate Market Report Oct 2008

Kentwood MI Real Estate Market Report November 2007

Kentwood MI Real Estate Market Report January 2008

If you would like additional information about Kentwood  or

Grand Rapids Homes, please contact me directly.  These free reports can

be emailed to your inbox, contact me to let me know your address and

which reports you are interested in.

Grand Rapids Ada Real Estate  Five Star Real Estate LLC

Copyright 2008 All rights reserved

photo of Kentwood High School Football Stadium by Bonnie Westbrook