NOT LISTED FOR SALE

Estimated Value: $363,000 - $437,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $307,000

Est. 26% increase in value since last sale

Current estimated payment $2,504/month

39 Days on Market

About This Home

As of March 2021

Looking for an amazing multi-family home in the City of Grand Rapids? This fantastic 2-unit could be perfect for a homeowner to generate income every month! Located in East Hills, you're walking distance to The Green Well, Brewery Vivant, Maru, Cherie Inn, and so much more. This home offers a one-stall garage for each unit that is separate. The upper unit offers 2 bedrooms and 1 bath with an updated kitchen, flooring, and a balcony to relax on. This unit also has attic space perfect for additional storage. The lower unit has 1 bedroom and 1 bath with a gorgeous fireplace. Both units have access to the basement for storage and laundry. Both units pay separate gas and electricity, and the owner pays water, lawn care, and snow removal. Recent updates include 2 new garage doors in 2020, newer garage roof, new gutters in 2016, new basement glass block windows in 2016, exterior painting completed in 2018, interior upstairs unit painted in 2017, interior lower unit painted in 2018, 2 new water heaters in 2016, it is estimated that the 2 furnaces were replaced in 2013, and landscaping completed in 2020. Specific showings times. Call to set up a showing! Showings begin on January 6, 2021. Summit Point Roofing is putting on a new roof in January 2021.

Last Agent to Sell the Property

Josh May

RE/MAX of Grand Rapids (FH) License #6501301200 Listed on: 12/21/2020

RE/MAX of Grand Rapids (FH)

Co-Listed By

Scott Bradford

RE/MAX of Grand Rapids (FH) License #6501377797

Last Buyer's Agent

Justin Blevins

Greenridge Realty (EGR)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,939

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 315000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2939.23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Mar 31, 2021
Sold by
Diponio Daniel T
Bought by
Annis Gerald Nicholas
Seller's Agent
Josh May
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Justin Blevins
Greenridge Realty (EGR)
List Price
$319,900
Sold Price
$307,000
Premium/Discount to List
-$12,900
-4.03%
Current Estimated Value
$386,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,893
Avg. Annual Appreciation
4.05%
Original Mortgage
$230,250
Outstanding Balance
$208,595
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,388

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 15, 2016
Sold by
Jl Equity Group Llc
Bought by
Diponio Daniel T
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Scott Bradford
RE/MAX of Grand Rapids (FH)
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$220,825
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 6, 2014
Closed on
Jun 6, 2014
Sold by
U S Bank Na
Bought by
Jl Equity Group Llc
Seller's Agent
Justin Howe
RE/MAX SunQuest Realty
Buyer's Agent
Justin Howe
RE/MAX SunQuest Realty
List Price
$77,500
Sold Price
$90,500
Premium/Discount to List
$13,000
16.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.58%
Original Mortgage
$150,000
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2013
Sold by
Us Bank National Association
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 18, 2013
Sold by
Rodibaugh Richard A
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 13, 2006
Sold by
Tanner Deborah S and Bissell Deborah S
Bought by
Rodibaugh Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 1994
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
Annis Gerald Nicholas $307,000 First American Title Ins Co
Diponio Daniel T $224,900 First American Title
Jl Equity Group Llc $90,500 None Available
Us Bank National Association -- None Available
Us Bank National Association $73,517 None Available
Rodibaugh Richard A $112,000 None Available
-- $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annis Gerald Nicholas $230,250
Previous Owner Diponio Daniel T $220,825
Previous Owner Rodibaugh Richard A $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $307,000 -4.0% --
01/29/2021 01/29/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $319,900 +42.2% --
07/15/2016 07/15/16 Sold $224,900 0.0% --
05/31/2016 05/31/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $224,900 +148.5% --
06/13/2014 06/13/14 Sold $90,500 +16.8% --
05/26/2014 05/26/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $77,500 -- --
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 $5,434 $146,800 $0 $0
2024 $5,434 $131,800 $0 $0
2023 $5,390 $109,200 $0 $0
2022 $5,123 $98,800 $0 $0
2021 $2,956 $92,900 $0 $0
2020 $2,845 $89,000 $0 $0
2019 $2,939 $80,000 $0 $0
2018 $2,845 $74,700 $0 $0
2017 $2,773 $56,600 $0 $0
2016 $2,913 $54,300 $0 $0
2015 $2,776 $54,300 $0 $0
2013 -- $44,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20037399

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-377-005