NOT LISTED FOR SALE

Estimated Value: $204,000 - $240,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $93,000

Est. 143% increase in value since last sale

Current estimated payment $1,399/month

8 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • Heating System Uses Natural Gas
  • Window Unit Cooling System

About This Home

As of April 2018

Great investment opportunity!! This home has tons of potential with two good size bedrooms in each unit. Also, with a nice sized two stall detached garage. With some cosmetic touches, this duplex will bring in great revenue each year! Feel free to come take a look and hurry because this will not last long.

Last Agent to Sell the Property

Adam Sims

RE/MAX of Grand Rapids (Stndl) License #6501393832 Listed on: 02/28/2018

RE/MAX of Grand Rapids (Stndl)

Co-Listed By

Brooke Sines

RE/MAX of Grand Rapids (Stndl) License #6502410490

Last Buyer's Agent

Elizabeth Snoeyink

Icon Realty Group LLC License #6501388264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Window Unit Heating System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$999

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 998.96
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: 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
  • Heat Type:Radiant: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 93500.0
  • 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: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Radiant, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 33x132
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 998.96
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 5, 2018
Sold by
Buckner Marlinda Toy
Bought by
Lovelace Andrew W
Seller's Agent
Adam Sims
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Elizabeth Snoeyink
Icon Realty Group LLC
List Price
$93,500
Sold Price
$93,000
Premium/Discount to List
-$500
-0.53%
Current Estimated Value
$225,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,852
Avg. Annual Appreciation
13.19%
Original Mortgage
$88,350
Outstanding Balance
$76,449
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$156,475

Purchase Details

Closed on
Sep 30, 2002
Sold by
Newcomb Patricia C
Bought by
Chesebro Jane C Moses and Toy Marlin L

Purchase Details

Closed on
May 12, 1997
Sold by
Dykman Dykman T T and Dykman Moses J
Bought by
Moses Jane C and Moses-Chesebro Jane C Toy Marl

Purchase Details

Closed on
Sep 21, 1985
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
Lovelace Andrew W $98,000 Chicago Title Of Michigan In
Lovelace Andrew $93,000 Chicago Title Of Michigan In
Chesebro Jane C Moses -- --
Moses Jane C $23,900 --
-- $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovelace Andrew $88,350
Closed Lovelace Andrew W $88,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $93,000 -0.5% --
03/08/2018 03/08/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $93,500 -- --
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 $2,055 $100,900 $0 $0
2024 $2,055 $92,000 $0 $0
2023 $2,056 $82,400 $0 $0
2022 $1,953 $68,300 $0 $0
2021 $1,906 $60,700 $0 $0
2020 $1,834 $53,900 $0 $0
2019 $1,895 $42,800 $0 $0
2018 $1,025 $35,900 $0 $0
2017 $999 $30,300 $0 $0
2016 $1,213 $27,600 $0 $0
2015 $1,156 $27,600 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18002560

Southwestern Michigan Association of REALTORS®

APN: 41-13-14-456-012