$69,900
SOLD AUG 10, 2017
-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

7% Below List Price

36 Days on Market

About This Home

As of March 2025

This home is located at 1027 Adams St SE, Grand Rapids, MI 49507 and is currently priced at $69,900. This property was built in 1890. 1027 Adams St SE is a home located in Kent County with nearby schools including Mulick Park Elementary School, Alger Middle School, and Ottawa Hills High School.

Last Agent to Sell the Property

Antonio Holbrook

Clarity Realty LLC License #6501357408

Last Buyer's Agent

Justine Hooper

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 69900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: TN-LDR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2688.17
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 14, 2025
Sold by
Gracia Austin
Bought by
Terrell Shelley
Seller's Agent
Justine Hooper
Amplified Real Estate
Buyer's Agent
Shelley Terrell
Childress & Associates Realty
List Price
$170,000
Sold Price
$130,000
Premium/Discount to List
-$40,000
-23.53%
Total Days on Market
36
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
346.29%
Original Mortgage
$135,000
Outstanding Balance
$134,887
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$32,753

Purchase Details

Listed on
May 2, 2017
Closed on
Aug 10, 2017
Sold by
Smith Deloris
Bought by
Gracia Austin
Seller's Agent
Antonio Holbrook
Clarity Realty LLC
Buyer's Agent
Justine Hooper
Bellabay Realty LLC
List Price
$74,900
Sold Price
$69,900
Premium/Discount to List
-$5,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$59,415
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2015
Sold by
Smith Deloris and Estate Of Latham Smith
Bought by
Smith Deloris

Purchase Details

Closed on
Aug 7, 2014
Sold by
Taylor George M and Taylor Rosetta
Bought by
Smith Deloris and Estate Of Latham Smith

Purchase Details

Closed on
Oct 19, 1994
Sold by
Taylor Taylor G G and Taylor Smith L
Bought by
Smith Latham Hollis

Purchase Details

Closed on
Nov 23, 1993
Sold by
Taylor Taylor A A and Taylor G
Bought by
Smith Latham Hollis

Purchase Details

Closed on
Sep 17, 1993
Sold by
Taylor Taylor G G and Taylor A
Bought by
Smith Latham Hollis

Purchase Details

Closed on
Nov 14, 1988
Bought by
Smith Latham Hollis

Purchase Details

Closed on
Nov 26, 1975
Sold by
Schipper Schipper M M and Schipper Taylor G
Bought by
Smith Latham Hollis

Map

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 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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Previous Owner $59,415 Commercial
Source: Public Records

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 -- --
Source: Southwestern Michigan Association of REALTORS®

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: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16056333

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-131-009