NOT LISTED FOR SALE

1038 Dayton St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $224,901 - $288,000

5 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold April 27, 2012

Last sale price $39,000

Est. 572% increase in value since last sale

Current estimated payment $1,608/month

21 Days on Market

About This Home

As of April 2012

Don't let the price fool you. This duplex is fully rented with long term tenants paying $1,050/M and in good condition. Split utilities. 2-3 bedrooms in lower and 2 bedrooms upper. Two new furnaces, updated electrical, newer roof and windows, hardwoods in lower unit with ceramic tile in bath. The property went through the ASCET energy program that provided insulation, weatherstripping, and more. Lower units heat bill dropped by half on the budget plan after energy improvements. We do not want to disturb these on time paying and long term tenants. Serious inquiries only.

Last Listed By

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 03/29/2012

Compass Realty Services

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1891

Lot Details

  • 5,227

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,227 Sq Ft Lot

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 39900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Res

Rental Info

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

Tax Info

  • Tax Annual Amount: 1530.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Anderson Richard G and Anderson Joanne
Bought by
Jerl Properties Llc
Total Days on Market
21
Current Estimated Value
$261,975

Purchase Details

Closed on
Mar 9, 2011
Sold by
Denboer Jeffrey and Denboer Sallie
Bought by
Wierenga Eric W

Purchase Details

Closed on
Dec 31, 2004
Sold by
Zambeck Thomas A and Zambeck Denise C
Bought by
Denboer Jeffrey and Denboer Sallie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
9.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2000
Bought by
Zambeck Zambeck T and Zambeck T

Purchase Details

Closed on
Nov 22, 1993
Sold by
Carlson Carlson R R and Carlson Heeringa D
Bought by
Anderson Richard G Joanne

Purchase Details

Closed on
Sep 12, 1991
Sold by
Carlson Carlson R R and Carlson Ts
Bought by
Anderson Richard G Joanne

Purchase Details

Closed on
Feb 22, 1991
Sold by
Carlson Carlson R R and Carlson Ts
Bought by
Anderson Richard G Joanne

Purchase Details

Closed on
Sep 18, 1981

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
Jerl Properties Llc -- None Available
Wierenga Eric W $12,000 None Available
Denboer Jeffrey $89,000 Fatic
Zambeck Zambeck T $72,000 --
Anderson Richard G Joanne $39,900 --
Anderson Richard G Joanne -- --
Anderson Richard G Joanne -- --
-- $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denboer Jeffrey $90,400
Previous Owner Denboer Jeffrey $84,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $39,000 -2.3% --
04/19/2012 04/19/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $39,900 -- --
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
2024 $1,863 $81,400 $0 $0
2023 $1,848 $71,800 $0 $0
2022 $1,757 $60,300 $0 $0
2021 $1,712 $53,600 $0 $0
2020 $1,654 $47,600 $0 $0
2019 $1,694 $38,000 $0 $0
2018 $1,642 $31,000 $0 $0
2017 $1,339 $26,400 $0 $0
2016 $1,346 $27,500 $0 $0
2015 $1,282 $27,500 $0 $0
2013 -- $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    12 in this area

    139 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Thomas Koetsier

    Kay Courtney & Associates

  • Donna Anders

    Buyer's Agent in 2012

    Donna Anders

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-1927

    2 in this area

    473 Total Sales

    Donna Anders
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12016576

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-408-007

Michigan Kent County Grand Rapids 49504 SWAN

1038 Dayton St SW, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 1038 Dayton St SW, Grand Rapids, MI 49504 since 29 March 2012 and is currently estimated at $261,975. This property was built in 1891. 1038 Dayton St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood 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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