1027 Adams St SE Grand Rapids, MI 49507
South East End NeighborhoodAbout This Home
As of March 2025The bottom floor offers 3 spacious bedrooms and 1 full bathroom. The unfinished top floor provides the opportunity to expand from 1 to 2 additional units. This is ideal for investors looking to maximize rental income or for homeowners interested in creating additional living space. A convenient 2 stall garage adds to the property's appeal, providing secure parking and additional storage space. Situated in a vibrant neighborhood of Grand Rapids, this property is close to local amenities, schools, and parks, offering both convenience and community.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,740
Year Built
- Built in 1890
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x135
Parking
- 2 Parking Spaces
Home Design
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 2 Units
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | Sun Title | |
| Warranty Deed | $69,900 | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $11,500 | -- | |
| Deed | $11,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | New Conventional | |
| Previous Owner | $59,415 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $130,000 | -13.3% | -- |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/23/2025 02/23/25 | Price Changed | $150,000 | -6.3% | -- |
| 02/18/2025 02/18/25 | Price Changed | $160,000 | -5.9% | -- |
| 02/11/2025 02/11/25 | For Sale | $170,000 | +143.2% | -- |
| 08/10/2017 08/10/17 | Sold | $69,900 | -6.7% | -- |
| 06/07/2017 06/07/17 | Pending | -- | -- | -- |
| 05/02/2017 05/02/17 | For Sale | $74,900 | -- | -- |
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 | $1,740 | $85,300 | $0 | $0 |
| 2023 | $1,741 | $75,200 | $0 | $0 |
| 2022 | $1,654 | $63,000 | $0 | $0 |
| 2021 | $1,614 | $57,000 | $0 | $0 |
| 2020 | $1,553 | $48,500 | $0 | $0 |
| 2019 | $1,605 | $40,900 | $0 | $0 |
| 2018 | $1,553 | $35,400 | $0 | $0 |
| 2017 | $1,409 | $29,900 | $0 | $0 |
| 2016 | $1,416 | $28,200 | $0 | $0 |
| 2015 | $1,349 | $28,200 | $0 | $0 |
| 2013 | -- | $27,000 | $0 | $0 |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25004957
APN: 41-18-05-131-009
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