NOT LISTED FOR SALE

Estimated Value: $189,000 - $221,986

-- Bed
-- Bath
-- Sq Ft
3,790 Sq Ft Lot

Last Sold May 03, 2023

Last sale price $176,000

Est. 14% increase in value since last sale

Current estimated payment $1,437/month

About This Home

As of May 2023

This home is located at 1040 Caulfield Ave SW, Grand Rapids, MI 49503 since 28 March 2023 and is currently estimated at $200,997. This property was built in 1890. 1040 Caulfield Ave SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton Middle School, and Union High School.

Last Listed By

David Pena

Homes 28 Listed on: 03/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1890

Lot Details

  • 3,790

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,790 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,196

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

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 169900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3790.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1196.16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 3, 2023
Sold by
Perez Juan
Bought by
Santos-Varelas Raquel
Seller's Agent
David Pena
Homes 28
Buyer's Agent
David Pena
Homes 28
List Price
$169,900
Sold Price
$176,000
Premium/Discount to List
$6,100
3.59%
Total Days on Market
0
Current Estimated Value
$200,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,997
Avg. Annual Appreciation
6.63%
Original Mortgage
$8,800
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2015
Sold by
Cervantes Jose A
Bought by
Perez Juan and Perez Tomas Cirila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2012
Sold by
Cano Alejandro and Cano Reynalda
Bought by
Cervantes Jose A

Purchase Details

Closed on
Sep 25, 2008
Sold by
Fifth Third Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 17, 2008
Sold by
Cano Jose J and Cano Maria
Bought by
Fifth Third Mortgage Co

Purchase Details

Closed on
May 6, 2003
Sold by
Chaidez Jose Ramon and Chaidez Rosalba
Bought by
Martinez Jose J Cano and Cano Corral Maria Arasele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,483
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 1990
Sold by
Larriu Larriu J J and Larriu Chaidez J
Bought by
Cervantes Jose A

Purchase Details

Closed on
Jul 1, 1987

Purchase Details

Closed on
May 11, 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
Santos-Varelas Raquel $176,000 Sun Title Agency Of Michigan
Perez Juan $48,500 Sun Title Agency Of Mi Llc
Cervantes Jose A -- None Available
Federal National Mortgage Association -- None Available
Fifth Third Mortgage Co $85,506 None Available
Martinez Jose J Cano $84,800 Metropolitan Title Company
Cervantes Jose A $47,000 --
-- $14,000 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varelas Raquel Santos $10,000
Closed Santos-Varelas Raquel $8,800
Open Santos-Varelas Raquel $172,812
Previous Owner Perez Juan $10,000
Previous Owner Cano Jose J $84,600
Previous Owner Martinez Jose J Cano $83,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $176,000 +3.6% --
03/28/2023 03/28/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $169,900 -- --
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 $3,739 $88,700 $0 $0
2023 $1,257 $75,100 $0 $0
2022 $1,194 $58,900 $0 $0
2021 $1,165 $52,600 $0 $0
2020 $1,121 $45,900 $0 $0
2019 $1,158 $41,900 $0 $0
2018 $1,121 $30,200 $0 $0
2017 $1,093 $24,800 $0 $0
2016 $1,101 $24,100 $0 $0
2015 $1,232 $24,100 $0 $0
2013 -- $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23008984

Southwestern Michigan Association of REALTORS®

APN: 41-13-36-380-011