NOT LISTED FOR SALE

1015 Franklin St SE Grand Rapids, MI 49507

Baxter Neighborhood

Estimated Value: $252,000 - $273,727

-- Bed
2 Baths
-- Sq Ft
6,120 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $134,900

Est. 95% increase in value since last sale

Current estimated payment $1,901/month

12 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Level Lot

About This Home

As of October 2020

Can be part of a package deal with 3 other 2 Units. All very nice tenants, please be considerate. 24 Hour Notice Please. No weekend showings
Nice two family Solid, well-built. Has both front and back entrances..
DN: LR, DR, Kit, 3 Bds -$1125Mo.
UP: Same room arrangement
Off-street parking

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 07/17/2020

Last Buyer's Agent

Tyler Johnson

Clear Realty Group License #6502432839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1920

Lot Details

  • 6,120 Sq Ft Lot
  • Lot Dimensions are 45x136
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x136
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1700.0
  • Tax Info:Zoning3: multi
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: 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:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 134900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 45x136
  • Lot Size Sq Ft: 6120.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 29, 2020
Sold by
Lovelace Nicholas W
Bought by
River City Properties Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Tyler Johnson
Clear Realty Group
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$263,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,782
Avg. Annual Appreciation
14.88%
Original Mortgage
$453,525
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 21, 2015
Closed on
Oct 9, 2015
Sold by
Messing Robert P and Messing Judith Frances
Bought by
Lovelace Nicholas
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Anthony DeBartolo
DeBartolo Realty - I
List Price
$55,900
Sold Price
$51,000
Premium/Discount to List
-$4,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.20%

Purchase Details

Closed on
Jul 27, 2000
Bought by
Messing Robert and Messing Judith

Purchase Details

Closed on
Jul 25, 2000
Sold by
Bkrs Ts and Bkrs Messing R
Bought by
Messing Robert P Judith Frances

Purchase Details

Closed on
Jun 1, 1995
Sold by
Gilbert Gilbert B B and Gilbert Malone A
Bought by
Messing Malone A and Messing Robert P Judith France

Purchase Details

Closed on
Apr 15, 1993
Sold by
Gilbert Gilbert B B and Gilbert Malone A
Bought by
Messing Robert P Judith Frances

Purchase Details

Closed on
Nov 14, 1991

Purchase Details

Closed on
Apr 16, 1986

Purchase Details

Closed on
Oct 11, 1984

Purchase Details

Closed on
Jul 16, 1984

Purchase Details

Closed on
Apr 20, 1983
Source: Public Records

Range of Values:

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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
River City Properties Llc $404,700 None Available
Lovelace Nicholas $51,000 None Available
Messing Robert $27,000 --
Messing Robert P Judith Frances $27,000 --
Messing Malone A $19,900 --
Messing Robert P Judith Frances -- --
-- -- --
-- $28,500 --
-- $13,100 --
-- $100 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River City Properties Llc $10,000
Open River City Properties $2,216,250
Previous Owner River City Properties Llc $453,525
Previous Owner Lovelace Nicholas W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $134,900 0.0% --
07/29/2020 07/29/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $134,900 +164.5% --
10/09/2015 10/09/15 Sold $51,000 -8.8% --
09/21/2015 09/21/15 For Sale $55,900 -- --
09/19/2015 09/19/15 Pending -- -- --
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 $5,583 $125,100 $0 $0
2024 $5,583 $111,900 $0 $0
2023 $4,159 $98,900 $0 $0
2022 $5,199 $82,000 $0 $0
2021 $3,945 $73,800 $0 $0
2020 $2,001 $62,400 $0 $0
2019 $1,986 $51,400 $0 $0
2018 $1,986 $43,300 $0 $0
2017 $1,938 $36,400 $0 $0
2016 $1,947 $32,300 $0 $0
2015 $1,157 $32,300 $0 $0
2013 -- $34,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image

  • T

    Buyer's Agent in 2020

    Tyler Johnson

    Clear Realty Group

    (616) 799-2903

    3 in this area

    83 Total Sales

    Tyler Johnson
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028062

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-182-028

Michigan Kent County Grand Rapids 49506 Baxter

1015 Franklin St SE, Grand Rapids, MI

This home is located at 1015 Franklin St SE, Grand Rapids, MI 49507 since 17 July 2020 and is currently estimated at $263,682. This property was built in 1920. 1015 Franklin St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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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