NOT LISTED FOR SALE

1018 Watson St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $252,176 - $290,000

-- Bed
-- Bath
-- Sq Ft
4,922 Sq Ft Lot

Last Sold April 23, 2013

Last sale price $65,000

Est. 328% increase in value since last sale

Current estimated payment $1,614/month

5 Days on Market

About This Home

As of April 2013

Info#3510 This property is a two unit multi-family home that features 2 bedrooms, 1 bath in each unit. There is a covered front porch, separate entrances for each unit, separate electric and gas meters, a full basement and a 2 stall detached garage. Alley access for garage. Some repairs have been done. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed. THIS PROPERTY IS ELIGIBLE UNDER FIRST LOOK INITIATIVE THROUGH February 25, 2013. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations are eligible for the Freddie Mac First Look Initiative and will be considered, other offers must wait till after initiative expires. Attached affidavit must

Last Listed By

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 02/11/2013

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1890

Lot Details

  • 4,922 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 64900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4922.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 1828.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 19, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Long Matthew T
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Siiri Foy
Keller Williams GR East
List Price
$64,900
Sold Price
$65,000
Premium/Discount to List
$100
0.15%
Total Days on Market
5
Current Estimated Value
$278,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,294
Avg. Annual Appreciation
12.42%
Original Mortgage
$63,822
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2012
Sold by
Hollemans Gavin K
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
May 13, 2005
Sold by
Pittman James and Pittman Karen
Bought by
Hollemans Gavin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2003
Sold by
Pittman Jim and Pittman Karen
Bought by
Jennings Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2003
Sold by
Vt Properties Llc
Bought by
Pittman James D and Pittman Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 1987

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
Long Matthew T $65,000 Etitle Agency Inc
The Federal Home Loan Mortgage Corporati $75,578 Oak Hills Land Title Agency
Hollemans Gavin K $103,000 --
Pittman James -- --
Jennings Edward -- --
Pittman James D $86,000 Metropolitan Title Co
Vt Properties Llc $63,000 Metropolitan Title Co
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Matthew T $70,000
Closed Long Matthew T $63,822
Previous Owner Hollemans Gavin K $82,400
Previous Owner Pittman James D $77,400
Closed Hollemans Gavin K $15,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2013 04/23/13 Sold $65,000 +0.2% --
02/16/2013 02/16/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $64,900 -- --
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
2024 $1,646 $118,200 $0 $0
2023 $1,647 $105,600 $0 $0
2022 $1,565 $88,200 $0 $0
2021 $1,527 $78,400 $0 $0
2020 $1,469 $69,300 $0 $0
2019 $1,518 $55,000 $0 $0
2018 $1,469 $45,100 $0 $0
2017 $1,432 $38,000 $0 $0
2016 $1,443 $35,600 $0 $0
2015 $1,362 $35,600 $0 $0
2013 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Wiersma

    Seller's Agent in 2013

    Jim Wiersma

    Coldwell Banker Woodland Schmidt

    (616) 396-5221

    303 Total Sales

    Jim Wiersma
    Section Image
  • Bernie Merkle

    Seller Co-Listing Agent in 2013

    Bernie Merkle

    Coldwell Banker Woodland Schmidt

    (616) 886-2274

    348 Total Sales

    Bernie Merkle
    Section Image

  • S

    Buyer's Agent in 2013

    Siiri Foy

    Keller Williams GR East

    (509) 844-6514

    13 Total Sales

    Siiri Foy
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13007928

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-406-010

Michigan Kent County Grand Rapids 49504 SWAN

1018 Watson St SW, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 1018 Watson St SW, Grand Rapids, MI 49504 since 11 February 2013 and is currently estimated at $278,294. This property was built in 1890. 1018 Watson St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood Middle School, and Union 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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