NOT LISTED FOR SALE

Estimated Value: $311,000 - $332,000

4 Beds
2 Baths
-- Sq Ft
2,562 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $125,000

Est. 157% increase in value since last sale

Current estimated payment $2,096/month

28 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • High Speed Internet

About This Home

As of June 2016

Renovated in the last 6 years including the kitchens and baths.Would make a great owner occupant! City Compliance. Split utilities 2 stoves, 2 refrigerators, 2 washers, 2 dryers. Both units have sliders to a deck. Tiled baths and finished basements. 1708 square foot ANSI plus finished basement TFLA estimated. $1600 Monthly rents professionally managed.
ROOM DESC:LR,KIT,DA, 2 BR, BA. DN: FR, DEN, LAUNDRY, STORAGE.

Last Agent to Sell the Property

Tony Lewis

RE/MAX of Grand Rapids (FH) License #6501242774 Listed on: 03/07/2016

Last Buyer's Agent

William Gills

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1976

Lot Details

  • 2,562 Sq Ft Lot
  • Lot Dimensions are 103 x 136

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,863

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 103 x 136
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2863.0
  • Tax Info:Zoning3: 401
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 133900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2562.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2863.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jun 3, 2016
Sold by
Ally Construction & Cleaning Llc
Bought by
Konrad Ignatius A and Chen Zhi
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
William Gills
Five Star Real Estate (Grandv)
List Price
$133,900
Sold Price
$125,000
Premium/Discount to List
-$8,900
-6.65%
Current Estimated Value
$321,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,413
Avg. Annual Appreciation
10.62%
Original Mortgage
$91,750
Outstanding Balance
$73,823
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$243,239

Purchase Details

Closed on
Aug 5, 2013
Sold by
Schedule Savers Cleaning & Maintenance L
Bought by
Ally Construction & Cleaning Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 16, 2009
Sold by
Indymac Federal Bank Fsb
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 11, 2009
Sold by
Branson Dennis and Branson Dennis W
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Dec 30, 2003
Sold by
R R R & Associates
Bought by
Branson Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,721
Interest Rate
5.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 1998
Sold by
Kcs Fm Ts and Kcs Dhamer R
Bought by
Dhamer R and Ally Construction & Cleaning L

Purchase Details

Closed on
Dec 8, 1993
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
Konrad Ignatius A $125,000 None Available
Ally Construction & Cleaning Llc -- None Available
Deutsche Bank National Trust Company -- None Available
Indymac Federal Bank Fsb $192,382 None Available
Branson Dennis W $150,000 --
Rrr & Associates -- --
Dhamer R $87,100 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Konrad Ignatius A $91,750
Previous Owner Ally Construction Cleaning Llc $45,000
Previous Owner Branson Dennis $169,200
Previous Owner Branson Dennis W $148,721
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $125,000 -6.6% --
04/04/2016 04/04/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $133,900 -- --
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
2025 $4,143 $140,100 $0 $0
2024 $4,143 $122,100 $0 $0
2023 $4,109 $102,500 $0 $0
2022 $3,906 $96,200 $0 $0
2021 $3,805 $93,300 $0 $0
2020 $3,678 $82,000 $0 $0
2019 $3,766 $75,000 $0 $0
2018 $3,651 $70,200 $0 $0
2017 $3,561 $58,100 $0 $0
2016 $3,005 $56,000 $0 $0
2015 $2,863 $56,000 $0 $0
2013 -- $57,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16001686

Southwestern Michigan Association of REALTORS®

APN: 41-18-17-327-008