NOT LISTED FOR SALE

1008 Martin Luther King Junior St SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $202,000 - $258,526

-- Bed
-- Bath
-- Sq Ft
5,793 Sq Ft Lot

Last Sold November 22, 2023

Last sale price $178,000

Est. 36% increase in value since last sale

Current estimated payment $1,804/month

42 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of November 2023

Great investment or owner-occupied 2 units (duplex) in SE Grand Rapids. City certified and professionally managed. Upper unit (1008)recently remodeled. Lower unit: 900 square feet 2 bed/1 bath, long term tenant. Upper unit 800 sqft 2 bed/ 1 bath, shared laundry in basement, two stall carport, and off street parking. Both units have front and rear stair entrances and access to basement for more storage. Separate electric and gas meter.

Last Agent to Sell the Property

Casity Kao

Keller Williams GR East License #6501396887 Listed on: 09/12/2023

Keller Williams GR East

Last Buyer's Agent

Casity Kao

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,418

Year Built

  • Built in 1896

Lot Details

  • 5,793 Sq Ft Lot
  • Lot Dimensions are 44x 132

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,418

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1896
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44X 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4417.91
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 191500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 44X 132
  • Lot Size Sq Ft: 5793.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4417.91
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 20, 2023
Sold by
Gomez Yunni
Bought by
Gomez Yunni and Gomez Juan
Seller's Agent
Casity Kao
Keller Williams GR East
Buyer's Agent
Casity Kao
Keller Williams GR East
List Price
$21,500
Sold Price
$178,000
Premium/Discount to List
$156,500
727.91%
Views
54
Current Estimated Value
$242,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,132
Avg. Annual Appreciation
14.20%
Original Mortgage
$133,500
Outstanding Balance
$131,615
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$93,237

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 17, 2023
Sold by
Ablg Holdings Llc
Bought by
Gomez Yunni
Seller's Agent
Casity Kao
Keller Williams GR East
Buyer's Agent
Casity Kao
Keller Williams GR East
List Price
$21,500
Sold Price
$178,000
Premium/Discount to List
$156,500
727.91%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Outstanding Balance
$131,615
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$93,237

Purchase Details

Closed on
Mar 12, 2021
Sold by
Au Realty Llc
Bought by
Ablg Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,950
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2017
Sold by
Kroodsma Derrick A
Bought by
Au Realty Llc

Purchase Details

Closed on
Jul 14, 2014
Sold by
Mudry Audra and Hollamon Paul
Bought by
Holland Reit Advisors Llc and Grand Franklin 1008-10 Trust

Purchase Details

Closed on
Sep 12, 2006
Sold by
Feyen Matthew and Haglund Kristine
Bought by
Mudry Audra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
8.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2005
Sold by
Wilson Joseph and Franklin Street Trust
Bought by
Feyen Matthew T and Haglund Kristine

Purchase Details

Closed on
Oct 19, 2005
Sold by
Mann Devon
Bought by
Wilson Joseph and Franklin Street Trust

Purchase Details

Closed on
Dec 27, 2004
Sold by
Redder Marshall and Redder Meredith
Bought by
Mann Devon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
7.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 1999
Sold by
Malone Wendell Eric
Bought by
Bryant Alma and Mudry Audra

Purchase Details

Closed on
Jul 13, 1999
Sold by
Price Prop
Bought by
Mudry Audra

Purchase Details

Closed on
Jan 15, 1997
Bought by
Price Prop and Mudry Audra

Purchase Details

Closed on
Feb 13, 1996
Sold by
Pap Prop and Pap Malone W
Bought by
Mudry Malone W and Mudry Audra
Source: Public Records

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
Gomez Yunni -- Next Door Title
Gomez Yunni $178,000 Next Door Title
Ablg Holdings Llc $130,600 Next Door Title Agency Llc
Au Realty Llc -- None Available
Kroodsma Derrick A $84,000 None Available
Holland Reit Advisors Llc $58,000 None Available
Mudry Audra $100,900 None Available
Feyen Matthew T $14,304 --
Wilson Joseph -- --
Mann Devon $79,900 Prime Title Services Llc
Bryant Alma -- --
Mudry Audra -- --
Price Prop -- --
Mudry Malone W $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Yunni $133,500
Previous Owner Ablg Holdings Llc $97,950
Previous Owner Au Realty Llc $58,800
Previous Owner Mudry Audra $80,700
Previous Owner Mudry Audra $20,150
Previous Owner Mann Devon $63,920
Previous Owner Mann Devon M $15,980
Previous Owner Redder Marshall $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $178,000 -7.0% --
10/24/2023 10/24/23 Pending -- -- --
10/14/2023 10/14/23 Price Changed $191,500 -3.0% --
09/27/2023 09/27/23 Price Changed $197,500 -3.7% --
09/16/2023 09/16/23 Price Changed $205,000 -4.7% --
09/12/2023 09/12/23 Price Changed $215,000 +900.0% --
09/12/2023 09/12/23 For Sale $21,500 -- --
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
2025 $5,807 $127,500 $0 $0
2024 $5,807 $116,400 $0 $0
2023 $4,648 $103,200 $0 $0
2022 $4,418 $85,200 $0 $0
2021 $2,441 $76,500 $0 $0
2020 $2,359 $64,600 $0 $0
2019 $2,415 $53,700 $0 $0
2018 $2,341 $44,200 $0 $0
2017 $1,895 $37,100 $0 $0
2016 $2,234 $33,900 $0 $0
2015 $2,582 $33,900 $0 $0
2013 -- $34,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23133588

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-326-003