NOT LISTED FOR SALE

Estimated Value: $257,778 - $298,000

2 Beds
4 Baths
-- Sq Ft
4,835 Sq Ft Lot

Last Sold March 18, 2016

Last sale price $110,000

Est. 149% increase in value since last sale

Current estimated payment $1,630/month

23 Days on Market

About This Home

As of March 2016

This home is located at 1026 Pine Ave NW, Grand Rapids, MI 49504 since 29 September 2015 and is currently estimated at $273,945. This property was built in 1920. 1026 Pine Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech High School.

Last Agent to Sell the Property

Larry Branscombe

Keller Williams Realty Rivertown License #6502381307 Listed on: 09/29/2015

Keller Williams Realty Rivertown

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,114

Year Built

  • 1920

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 50x50

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,114

Year Built

1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built (Public Record): 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 109900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4835.0
  • Zoning Description: RESIDENTIAL
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Mar 18, 2016
Sold by
Pine Property Investments Llc
Bought by
Maginity Victoria J
Seller's Agent
Larry Branscombe
Keller Williams Realty Rivertown
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$109,900
Sold Price
$110,000
Premium/Discount to List
$100
0.09%
Total Days on Market
23
Current Estimated Value
$273,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,945
Avg. Annual Appreciation
10.24%
Original Mortgage
$107,908
Outstanding Balance
$87,441
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$183,308

Purchase Details

Closed on
Jan 20, 2004
Sold by
Macdonald James L and Macdonald Charlene M
Bought by
Pine Property Investments Llc

Purchase Details

Closed on
Jan 3, 1994
Sold by
Wass Wass P P and Wass Macdonald J
Bought by
Pine Property Investments Llc
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
Maginity Victoria J $110,000 Attorney
Pine Property Investments Llc -- --
Pine Property Investments Llc $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maginity Victoria J $10,000
Open Maginity Victoria J $24,000
Open Maginity Victoria J $107,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $110,000 +0.1% --
10/22/2015 10/22/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $109,900 -- --
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 $2,114 $116,500 $0 $0
2023 $2,120 $104,600 $0 $0
2022 $2,014 $88,600 $0 $0
2021 $1,966 $79,000 $0 $0
2020 $1,890 $71,000 $0 $0
2019 $1,956 $56,100 $0 $0
2018 $1,893 $46,200 $0 $0
2017 $1,800 $41,100 $0 $0
2016 $1,445 $37,200 $0 $0
2015 $1,730 $37,200 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15037402

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-208-009