NOT LISTED FOR SALE

1036 Lafayette Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $234,000 - $303,000

-- Bed
-- Bath
-- Sq Ft
4,791 Sq Ft Lot

Last Sold October 20, 2016

Last sale price $106,000

Est. 163% increase in value since last sale

Current estimated payment $1,819/month

39 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 2-minute walk to Mary Waters Park
  • 4 Car Garage

About This Home

As of October 2016

NE large Duplex right on the Bus line #6. Next door to the brand new Mary Waters Park for splash pad,basketball,outdoor activities etc. This duplex has very large bedrooms. Floor plans are the same for both levels. Main floor has upgrades to flooring. 1120 sq ft each floor. There is actually 3 bedrooms on each floor but one you need to pass thru to access bathroom. Full basement can be shared with separate entrance in the back. Great investment.

Last Agent to Sell the Property

Steve Frody

City2Shore Real Estate Inc. License #6502366345 Listed on: 07/29/2016

Last Buyer's Agent

Shelley Terrell

Childress & Associates Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1910

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 40 x 115

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 2 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

$2,033

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

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 115500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2033.0
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Oct 20, 2016
Sold by
Delange Janice M and Pieksma Edward J
Bought by
Mclaughlin Charles and Ladegast Sherrie
Seller's Agent
Steve Frody
City2Shore Real Estate Inc.
Buyer's Agent
Shelley Terrell
Childress & Associates Realty
List Price
$115,500
Sold Price
$106,000
Premium/Discount to List
-$9,500
-8.23%
Total Days on Market
39
Current Estimated Value
$278,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,511
Avg. Annual Appreciation
11.58%
Original Mortgage
$79,125
Outstanding Balance
$65,187
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$207,411

Purchase Details

Closed on
Jan 12, 2012
Sold by
Pieksma Edward J and Delange Janice M
Bought by
Pieksma Edward J and Delange Janice M

Purchase Details

Closed on
Oct 14, 2003
Sold by
Green Management Co
Bought by
Pieksma Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2002
Sold by
Keller Robert and Keller Jeanne
Bought by
Green Management Co

Purchase Details

Closed on
Mar 2, 1989
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
Mclaughlin Charles $106,000 Midstate Title Agency Llc
Pieksma Edward J -- None Available
Pieksma Edward $85,000 Fatic
Green Management Co -- Fatic
-- $2,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Charles $79,125
Previous Owner Pieksma Edward $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $106,000 -8.2% --
09/06/2016 09/06/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $115,500 -- --
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
2024 $3,069 $120,900 $0 $0
2023 $3,044 $105,700 $0 $0
2022 $2,893 $93,200 $0 $0
2021 $2,711 $83,900 $0 $0
2020 $2,725 $76,100 $0 $0
2019 $2,790 $64,200 $0 $0
2018 $2,704 $52,000 $0 $0
2017 $2,784 $45,600 $0 $0
2016 $2,104 $40,900 $0 $0
2015 $2,005 $40,900 $0 $0
2013 -- $43,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Frody

    Seller's Agent in 2016

    Steve Frody

    City2Shore Real Estate Inc.

    (616) 262-1485

    303 Total Sales

    Steve Frody
    Section Image

  • S

    Buyer's Agent in 2016

    Shelley Terrell

    Childress & Associates Realty

    (616) 647-7012

    23 Total Sales

    Shelley Terrell
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16039084

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-129-006

Michigan Kent County Grand Rapids 49503 Belknap Lookout

1036 Lafayette Ave NE, Grand Rapids, MI

This home is located at 1036 Lafayette Ave NE, Grand Rapids, MI 49503 since 29 July 2016 and is currently estimated at $278,511. This property was built in 1910. 1036 Lafayette Ave NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside Middle School, and Union 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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