NOT LISTED FOR SALE

1039 Baldwin St SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $268,846 - $412,000

-- Bed
-- Bath
-- Sq Ft
6,490 Sq Ft Lot

Last Sold July 14, 2017

Last sale price $242,000

Est. 39% increase in value since last sale

Current estimated payment $2,213/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding

About This Home

As of July 2017

Newly remodeled 2-unit home on extra large lot in East Hills! Features all new flooring, lighting, shower/tiling, vanities, fresh paint, countertops, back splashes, and includes stainless steel appliances. Both units have convenient off street parking (3 spaces total) and their own, private, in-unit laundry. Lower unit is a 2 bed/1 bath renting for $1,300. Upper unit is currently set up as a spacious studio renting for $950. The property generates $27,000 / year in rent and tenants pay their own gas and electric. Investors will have a strong ROI renting out both units, or buyers could live in one unit and have a built-in rental to help pay their mortgage. With Cherry St favorites like Marie Catrib's, Brewery Vivant, Grove and Maru 2-3 blocks away, it's a highly sought after place to live! Seller offering to include 1 year home warranty! Seller is a Licensed Real Estate Agent in the State of Michigan.

Last Agent to Sell the Property

Summer Heeringa

Edison Brokers & Co LLC License #6501376577 Listed on: 06/07/2017

Last Buyer's Agent

Norrine Long

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1870

Lot Details

  • 6,490 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Community Details

Building Details

  • Insurance Expense $975
  • Maintenance Expense $200
  • Utility Expense $660
  • Gross Income $27,000
  • Net Operating Income $23,337

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,828

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 219900.0
  • 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: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6490.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 27000.0
  • Insurance Expense: 975.0
  • Maintenance Expense: 200.0
  • Net Operating Income: 23337.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1827.63
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Sulciman Mohamad and Abdallah Nadya
Bought by
Celantur Llc and 1039 Bal Trust
Total Days on Market
3
Current Estimated Value
$336,212

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 14, 2017
Sold by
Teater Summer
Bought by
Suleiman Mohamad and Abdallah Nadya
Seller's Agent
Summer Heeringa
Edison Brokers & Co LLC
Buyer's Agent
Norrine Long
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$219,900
Sold Price
$242,000
Premium/Discount to List
$22,100
10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$181,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2016
Closed on
May 17, 2016
Sold by
Delano Michael L and Delano Marcia Ann
Bought by
Teater Summer
Seller's Agent
George Guyott
1st Advantage Realty
Buyer's Agent
Summer Heeringa
Edison Brokers & Co LLC
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.74%

Purchase Details

Closed on
May 26, 1995
Sold by
Newhouse Newhouse M M and Newhouse Delano M
Bought by
Delano Delano M and Delano Michael L

Purchase Details

Closed on
Aug 31, 1987

Purchase Details

Closed on
Sep 23, 1986
Bought by
Delano Michael L

Purchase Details

Closed on
May 22, 1984
Bought by
Delano Michael L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Celantur Llc -- None Available
Suleiman Mohamad $242,000 West Michigan Realotrs Title
Teater Summer $131,000 First American Title Ins Co
Delano Delano M $39,700 --
-- $35,500 --
Delano Michael L $36,900 --
Delano Michael L $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suleiman Mohamad $172,579
Previous Owner Suleiman Mohamad $181,500
Previous Owner Delano Michael L $57,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $242,000 +10.1% --
06/10/2017 06/10/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $219,900 +67.9% --
05/17/2016 05/17/16 Sold $131,000 +0.8% --
04/12/2016 04/12/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $129,900 -- --
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 $3,991 $122,600 $0 $0
2023 $3,959 $100,900 $0 $0
2022 $3,763 $90,800 $0 $0
2021 $3,666 $84,900 $0 $0
2020 $3,544 $81,300 $0 $0
2019 $3,628 $73,500 $0 $0
2018 $3,517 $66,400 $0 $0
2017 $2,991 $51,100 $0 $0
2016 $1,810 $54,400 $0 $0
2015 $1,862 $54,400 $0 $0
2013 -- $45,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Summer Heeringa

    Edison Brokers & Co LLC

    (616) 901-9299

    3 in this area

    36 Total Sales

    Summer Heeringa
    Section Image

  • N

    Buyer's Agent in 2017

    Norrine Long

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 558-7756

    65 Total Sales

    Norrine Long
    Section Image
  • George Guyott

    Seller's Agent in 2016

    George Guyott

    1st Advantage Realty

    (616) 293-2154

    158 Total Sales

    George Guyott
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17027264

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-326-022

Michigan Kent County Grand Rapids 49506 East Hills

1039 Baldwin St SE, Grand Rapids, MI

This home is located at 1039 Baldwin St SE, Grand Rapids, MI 49506 since 07 June 2017 and is currently estimated at $336,212. This property was built in 1870. 1039 Baldwin St SE is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes