NOT LISTED FOR SALE

1010 Madison Ave SE Grand Rapids, MI 49507

Madison Area Neighborhood

Estimated Value: $233,000 - $275,206

-- Bed
4 Baths
-- Sq Ft
9,920 Sq Ft Lot

Last Sold January 29, 2015

Last sale price $37,000

Est. 608% increase in value since last sale

Current estimated payment $1,596/month

17 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of January 2015

Large 4 unit in SE Grand Rapids. There is separate gas & electric for each unit. Upper units in middle of bldg. have 2nd bedrooms. Lower units on ends of bldg have 1 bedroom.

Last Agent to Sell the Property

Donna Tashjian

Greenridge Realty (Cascade) Listed on: 12/26/2014

Last Buyer's Agent

Doug Mol

Five Star Real Estate (Main)

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 9,920 Sq Ft Lot
  • Lot Dimensions are 64x155

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 64x155
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1984.0
  • Tax Info:Zoning3: multi
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 39000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 9920.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1984.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2015
Sold by
Galloway Bryan
Bought by
Tmrk Family Llc
Current Estimated Value
$262,052

Purchase Details

Listed on
Dec 26, 2014
Closed on
Jan 29, 2015
Sold by
Hughes Andrew and Hughes Angela
Bought by
Galloway Bryan
Seller's Agent
Donna Tashjian
Greenridge Realty (Cascade)
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$62,000
Sold Price
$37,000
Premium/Discount to List
-$25,000
-40.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%

Purchase Details

Closed on
May 18, 2012
Sold by
Fannie Mae
Bought by
Hughes Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.27%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2011
Sold by
Hernandez Alvao and Hernandez Filomena
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2000
Bought by
Hrndz Hrndz A and Hrndz F

Purchase Details

Closed on
Dec 8, 1999

Purchase Details

Closed on
Jul 20, 1998
Sold by
Prntc Prntc F F and Prntc B
Bought by
Hughes Mckenzie S and Hughes Andrew

Purchase Details

Closed on
Oct 17, 1997
Bought by
Prentice Frank and Prentice Brenda

Purchase Details

Closed on
Feb 27, 1997
Sold by
Gilbert Ts and Gilbert Hayden L
Bought by
Hughes Andrew

Purchase Details

Closed on
Feb 26, 1997
Bought by
1St Natl Ac and Hughes Andrew

Purchase Details

Closed on
Jan 11, 1996
Sold by
Hayden Hayden L L and Hayden Prentice F
Bought by
Hughes Prentice F and Hughes Andrew

Purchase Details

Closed on
Jan 10, 1996
Sold by
Hayden Higginb
Bought by
Hughes Andrew

Purchase Details

Closed on
Jul 10, 1995
Sold by
Gilbert Gilbert B B and Gilbert Ts
Bought by
Gilbert Ts and Hughes Andrew

Purchase Details

Closed on
May 17, 1995
Bought by
Hughes Haydn and Hughes Andrew

Purchase Details

Closed on
May 3, 1995
Sold by
Gilbert Gilbert B B and Higginboth Gilbert
Bought by
Hughes Higginboth and Hughes Andrew

Purchase Details

Closed on
May 2, 1995
Bought by
Hughes Higginb and Hughes Andrew

Purchase Details

Closed on
Oct 6, 1988
Bought by
Hughes Andrew

Purchase Details

Closed on
Oct 29, 1981
Bought by
Hughes Andrew
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
Tmrk Family Llc -- None Available
Galloway Bryan $37,000 Grand Rapids Title Co Llc
Hughes Andrew $28,000 Etitle Agency Inc
Federal National Mortgage Association $81,886 None Available
Hrndz Hrndz A $65,000 --
-- -- --
Hughes Mckenzie S $80,000 --
Prentice Frank $44,000 --
Hughes Andrew $30,000 --
1St Natl Ac -- --
Hughes Prentice F $44,000 --
Hughes Andrew -- --
Gilbert Ts -- --
Hughes Haydn $30,000 --
Hughes Higginboth -- --
Hughes Higginb -- --
Hughes Andrew $100 --
Hughes Andrew $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Andrew $21,000
Previous Owner Hernandez Alvaro $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $37,000 -40.3% --
01/12/2015 01/12/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $62,000 -- --
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 $2,403 $135,500 $0 $0
2024 $2,403 $127,500 $0 $0
2023 $2,383 $116,100 $0 $0
2022 $2,265 $107,500 $0 $0
2021 $2,207 $93,000 $0 $0
2020 $2,133 $81,200 $0 $0
2019 $2,184 $55,900 $0 $0
2018 $2,117 $51,000 $0 $0
2017 $2,065 $38,800 $0 $0
2016 $2,076 $30,500 $0 $0
2015 $1,559 $30,500 $0 $0
2013 -- $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Donna Tashjian

    Greenridge Realty (Cascade)

  • Doug Mol

    Buyer's Agent in 2015

    Doug Mol

    Five Star Real Estate (Main)

    (616) 667-9677

    3 in this area

    124 Total Sales

    Doug Mol
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13066733

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-406-003

Michigan Kent County Grand Rapids 49507 Madison Area

1010 Madison Ave SE, Grand Rapids, MI

This home is located at 1010 Madison Ave SE, Grand Rapids, MI 49507 since 26 December 2014 and is currently estimated at $262,052. This property was built in 1912. 1010 Madison Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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