NOT LISTED FOR SALE

Estimated Value: $305,000 - $340,307

-- Bed
-- Bath
-- Sq Ft
4,960 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $310,000

Est. 3% increase in value since last sale

Current estimated payment $2,156/month

7 Days on Market

Highlights

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

About This Home

As of May 2023

Newly renovated 2-unit investment property located in the highly desirable SW GR area. Close to the Zoo, Bus Lines, Downtown GR, and more! Plenty of off-street parking in front and rear, accessed from alley. Split electric and gas utilities and W/D hookups in the basement. Brand new roof in 2022. Rents are currently $1300 and $1400 and both leases are up in June, 2023. Currently professionally managed with United Realty. Any offers to be reviewed Monday, April 17th at 10:00am. City cert through 11/5/26.

Last Agent to Sell the Property

Brittany Thomas

United Realty Services LLC License #6501407628 Listed on: 04/10/2023

Co-Listed By

Jacob Thomas

United Realty Services LLC

Last Buyer's Agent

Travis McIntyre

Bellabay Realty (North) License #6501403146

Bellabay Realty (North)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1909

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40x124

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,346

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1909
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3345.66
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: 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:Cable: 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
  • Utilities Attached:Telephone Line: 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: 285000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood 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
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4960.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3345.66
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 1, 2023
Sold by
Labriola Brad M and Labriola Allyson L
Bought by
Boleslav Yvette A
Seller's Agent
Brittany Thomas
United Realty Services LLC
Buyer's Agent
Travis McIntyre
Bellabay Realty (North)
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Views
35
Current Estimated Value
$320,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,827
Avg. Annual Appreciation
1.04%

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 27, 2019
Sold by
Swafford Amanda and Adams Amanda
Bought by
Labriola Brad M and Labriola Allyson L
Seller's Agent
Andrew Smith
Five Star Real Estate (Grandv)
Buyer's Agent
Jacob Thomas
United Realty Services LLC
List Price
$179,900
Sold Price
$200,000
Premium/Discount to List
$20,100
11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$126,923
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 15, 2017
Sold by
Sypniewski Robert V and Peck Sypniewski Julie A
Bought by
Adams Amanda
Seller's Agent
Jeff Blahnik
Five Star Real Estate (Main)
Buyer's Agent
Andy Smith
EXP Realty (Grand Rapids)
List Price
$125,000
Sold Price
$131,000
Premium/Discount to List
$6,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.83%
Original Mortgage
$98,250
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 1990

Purchase Details

Closed on
Aug 14, 1980
Sold by
Radlicki K and Radlicki Pietrowcz
Bought by
Sypniewski Robert V Peck Julie A
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
Boleslav Yvette A $310,000 Bell Title
Labriola Brad M $200,000 Bell Title Agency
Adams Amanda $131,000 Star Title Agency Llc
-- $45,000 --
Sypniewski Robert V Peck Julie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labriola Brad M $126,923
Previous Owner Adams Amanda $98,250
Previous Owner Sypniewski Robert $41,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $310,000 +8.8% --
04/17/2023 04/17/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $285,000 +42.5% --
06/28/2019 06/28/19 Sold $200,000 +11.2% --
05/23/2019 05/23/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $179,900 +37.3% --
09/15/2017 09/15/17 Sold $131,000 +4.8% --
08/14/2017 08/14/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $125,000 -- --
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 $5,364 $125,900 $0 $0
2024 $5,364 $105,000 $0 $0
2023 $3,520 $93,600 $0 $0
2022 $3,346 $78,300 $0 $0
2021 $3,260 $69,700 $0 $0
2020 $3,151 $61,600 $0 $0
2019 $2,145 $49,000 $0 $0
2018 $2,145 $40,500 $0 $0
2017 $1,708 $34,200 $0 $0
2016 $1,717 $35,200 $0 $0
2015 $1,636 $35,200 $0 $0
2013 -- $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23010334

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-408-012