$221,000
SOLD DEC 11, 2017

103 Peony St SW Grand Rapids, MI 49548

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Recently Sold

5% Above List Price

1 Day on Market

About This Home

As of June 2024

Nice 4 unit property. Units 105 and 107 mirror 103 and 109's layout. 2 bed 1.5 bath units. All units have separate furnaces and water heaters as well as A/C. Units 103 and 105 have been recently rehabbed. Units 107 and 109 have long term tenants. Plenty of off street parking and good cash flow. Leases and rent rolls available upon request.

Photos are of 103 Peony.

Last Agent to Sell the Property

Mitchell Luban

United Realty Services LLC Listed on: 11/02/2017

Last Buyer's Agent

Jacob “Jake” Farr

Bellabay Realty LLC License #6506048140

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1984

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 93x130

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Concrete Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1984
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 93x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3100.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Concrete, Brick
  • List Price: 210000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3100.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 24, 2024
Sold by
103 Peony Llc
Bought by
Battles Allen
Seller's Agent
Mindy Cartwright
Greenridge Realty (EGR)
Buyer's Agent
Sherri Keen
Weichert REALTORS Plat (Main)
List Price
$645,000
Sold Price
$620,000
Premium/Discount to List
-$25,000
-3.88%
Views
69
Current Estimated Value
$616,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,121
Avg. Annual Appreciation
1.33%
Original Mortgage
$432,000
Outstanding Balance
$428,005
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$201,180

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 20, 2022
Sold by
Irfan Ehsen
Bought by
103 Peony Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Mindy Cartwright
Greenridge Realty (EGR)
List Price
$459,900
Sold Price
$456,000
Premium/Discount to List
-$3,900
-0.85%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.07%
Original Mortgage
$342,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 28, 2020
Sold by
Jeremy Feenstra
Bought by
Irfan Ehsen
Seller's Agent
Ben Hoffman
LM Realty Group
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$349,900
Sold Price
$353,600
Premium/Discount to List
$3,700
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$265,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 8, 2017
Sold by
Great Lakes Ira Llc
Bought by
Feenstra Jeremy
Seller's Agent
Mitchell Luban
United Realty Services LLC
Buyer's Agent
Jacob “Jake” Farr
Bellabay Realty LLC
List Price
$210,000
Sold Price
$221,000
Premium/Discount to List
$11,000
5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%
Original Mortgage
$165,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2009
Sold by
Us Bank National Association
Bought by
Entrust Great Lakes Llc and Stephen R Whitteberry Ira #80812R

Purchase Details

Closed on
Aug 24, 2008
Sold by
Mueller Steve and Mueller Shelly
Bought by
U S Bank Na and Harborview 2005-3 Trust Fund

Purchase Details

Closed on
Jun 25, 2004
Sold by
Fannon Scott D and Fannon Brenda
Bought by
Mueller Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.39%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $620,000 Chicago Title
Warranty Deed -- --
Warranty Deed $353,600 Star Title
Warranty Deed $353,600 Star Title Agency Llc
Warranty Deed -- Sun Title Agency Of Michigan
Deed $63,123 Attorneys Title Agency Llc
Sheriffs Deed $114,750 None Available
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $342,000 Credit Line Revolving
Previous Owner $265,200 New Conventional
Previous Owner $165,750 New Conventional
Previous Owner $192,000 Commercial
Previous Owner $192,000 Commercial
Previous Owner $190,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $620,000 -3.9% --
05/07/2024 05/07/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $645,000 0.0% --
04/16/2024 04/16/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $645,000 +41.4% --
09/20/2022 09/20/22 Sold $456,000 -0.8% --
08/09/2022 08/09/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $459,900 0.0% --
07/22/2022 07/22/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $459,900 +30.1% --
09/01/2020 09/01/20 Sold $353,600 +1.1% --
07/12/2020 07/12/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $349,900 +58.3% --
12/11/2017 12/11/17 Sold $221,000 +5.2% --
11/03/2017 11/03/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $210,000 -- --
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 $3,091 $131,500 $0 $0
2024 $3,091 $126,000 $0 $0
2023 $2,954 $101,600 $0 $0
2022 $3,090 $92,600 $0 $0
2021 $2,312 $79,300 $0 $0
2020 $1,984 $74,600 $0 $0
2019 $3,134 $66,100 $0 $0
2018 $3,321 $69,900 $15,000 $54,900
2017 $2,781 $60,000 $0 $0
2016 $2,706 $58,100 $0 $0
2015 $2,624 $58,100 $0 $0
2013 -- $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mindy Cartwright

    Seller's Agent in 2024

    Mindy Cartwright

    Greenridge Realty (EGR)

    (239) 450-5383

    3 in this area

    24 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Sherri Keen

    Weichert REALTORS Plat (Main)

    (616) 856-9986

    2 in this area

    93 Total Sales

    Section Image

  • A

    Seller's Agent in 2022

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    4 in this area

    136 Total Sales

    Section Image

  • B

    Seller's Agent in 2020

    Ben Hoffman

    LM Realty Group

    (616) 644-7039

    1 in this area

    10 Total Sales

    Section Image

  • M

    Seller's Agent in 2017

    Mitchell Luban

    United Realty Services LLC

  • J

    Buyer's Agent in 2017

    Jacob “Jake” Farr

    Bellabay Realty LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17051502

Southwestern Michigan Association of REALTORS®

APN: 41-21-01-228-010

Michigan Kent County Grand Rapids 49548

103 Peony St SW, Grand Rapids, MI

This home is located at 103 Peony St SW, Grand Rapids, MI 49548 and is currently priced at $221,000. This property was built in 1984. 103 Peony St SW is a home located in Kent County with nearby schools including Townline Elementary, Valleywood Middle School, and East Kentwood Freshman Campus.

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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