NOT LISTED FOR SALE

1029 Walker Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $253,000 - $328,000

4 Beds
2 Baths
-- Sq Ft
2,613 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $95,000

Est. 187% increase in value since last sale

Current estimated payment $1,734/month

20 Days on Market

About This Home

As of February 2019

Excellent opportunity for an investor that would like to complete a home that has been gutted.

Last Agent to Sell the Property

Aaron Metaj

Sterling Realty Services Inc.-I Listed on: 10/02/2018

Last Buyer's Agent

Robert Murray, III

Polaris Real Estate LLC License #6501403252

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1910

Lot Details

  • 2,613 Sq Ft Lot

Parking

  • 2 Parking Spaces

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,597

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 99000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1596.99
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Rischmann Marion
Bought by
Marion Rischmann Properties Llc
Current Estimated Value
$272,763

Purchase Details

Closed on
Jun 5, 2019
Sold by
Rem Real Estate Management Llc
Bought by
Rischmann Marion

Purchase Details

Closed on
Nov 6, 2018
Sold by
Saz Properties 1 Llc
Bought by
Rem Real Estate Management Llc

Purchase Details

Closed on
Jun 28, 2018
Sold by
West Michigan Private Capital Fund I Llc
Bought by
Giang Lions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2018
Sold by
Giant Lions Llc
Bought by
Saz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 4, 2016
Closed on
Dec 30, 2015
Sold by
West Michigan Private Capital Fund I Llc
Bought by
Giant Lions Llc
Seller's Agent
Matthew Fox
Benchmark Capital Realty
Buyer's Agent
Aaron Metaj
Bellabay Realty LLC
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%

Purchase Details

Closed on
Jun 21, 2010
Sold by
Vision Properties Co Llc
Bought by
West Michigan Private Capital Fund I Llc

Purchase Details

Closed on
Jul 11, 2007
Sold by
Cruz Ruiz Victor and Cruz Baron Miriam
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2005-1 As

Purchase Details

Closed on
Jan 19, 2001
Sold by
Zwart John and Zwart Marilyn
Bought by
Ruiz Victor Cruz and Cruz Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,174
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 1999
Bought by
Zwart J and West Mi Private Capital Fund 1

Purchase Details

Closed on
Sep 20, 1999
Bought by
Macdonald and West Mi Private Capital Fund 1

Purchase Details

Closed on
Nov 12, 1997
Sold by
Zwart Zwart J J and Zwart M
Bought by
Mcchr and West Mi Private Capital Fund 1

Purchase Details

Closed on
Oct 9, 1992

Purchase Details

Closed on
May 21, 1990
Sold by
Holtvluwer Holtvluwer B B and Holtvluwer Zwart J
Bought by
West Mi Private Capital Fund 1 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
Marion Rischmann Properties Llc -- Sun Title Agency Of Mi Llc
Rischmann Marion $219,900 Sun Title Agency Of Mi Llc
Rem Real Estate Management Llc $90,000 None Available
Giang Lions Llc $59,900 Essential Title Agency Llc
Saz Properties Llc $113,000 None Available
Giant Lions Llc -- Attorney
West Michigan Private Capital Fund I Llc -- None Available
Wells Fargo Bank Na $75,600 None Available
Ruiz Victor Cruz $79,800 Metropolitan Title Company
Zwart J -- --
Macdonald -- --
Mcchr $62,000 --
-- $43,000 --
West Mi Private Capital Fund 1 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saz Properties Llc $348,750
Previous Owner Vision Properties Co Llc $42,000
Previous Owner Cruz Ruiz Victor $24,000
Previous Owner Cruz Ruiz Victor $96,000
Previous Owner Ruiz Victor Cruz $79,174
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $95,000 -4.0% --
10/22/2018 10/22/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $99,000 +67.8% --
01/04/2016 01/04/16 For Sale $59,000 0.0% --
12/30/2015 12/30/15 Sold $59,000 -- --
12/01/2015 12/01/15 Pending -- -- --
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 $3,370 $103,400 $0 $0
2024 $3,370 $93,400 $0 $0
2023 $3,343 $83,800 $0 $0
2022 $3,177 $74,200 $0 $0
2021 $3,096 $66,200 $0 $0
2020 $3,080 $58,500 $0 $0
2019 $2,353 $44,100 $0 $0
2018 $3,049 $35,500 $0 $0
2017 $1,597 $30,000 $0 $0
2016 $1,605 $27,200 $0 $0
2015 $1,171 $27,200 $0 $0
2013 -- $22,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Aaron Metaj

    Sterling Realty Services Inc.-I

  • R

    Buyer's Agent in 2019

    Robert Murray, III

    Polaris Real Estate LLC

    (616) 862-5245

    5 Total Sales

    Robert Murray, III
    Section Image

  • M

    Seller's Agent in 2016

    Matthew Fox

    Benchmark Capital Realty

    (616) 735-9800

    12 Total Sales

    Matthew Fox
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18048648

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-255-009

Michigan Kent County Grand Rapids 49504 West Grand

1029 Walker Ave NW, Grand Rapids, MI

This home is located at 1029 Walker Ave NW, Grand Rapids, MI 49504 since 02 October 2018 and is currently estimated at $272,763. This property was built in 1910. 1029 Walker Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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