NOT LISTED FOR SALE

1040 Sigsbee St SE Grand Rapids, MI 49506

Baxter Neighborhood

Estimated Value: $242,426 - $359,000

-- Bed
1 Bath
-- Sq Ft
6,321 Sq Ft Lot

Last Sold September 13, 2013

Last sale price $89,900

Est. 227% increase in value since last sale

Current estimated payment $1,759/month

67 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 3-minute walk to Joe Taylor Park

About This Home

As of September 2013

Grand Rapids Real Estate INCOME PROPERTY with 2 UNITS - 2 Story Home. Great Earning Potential! Located in the Baxter neighborhood which is convenient to bus lines, easy access to expressways, hospitals, GRCC, and more! Well maintained property with a large yard! Both units are 2BD 1BA units w/ large bedrooms, baths and main living areas. Upstairs has new carpet and has been freshly painted! Tenants rights apply.

Last Agent to Sell the Property

Diane Griffin

Keller Williams GR North (Main) License #6502361836 Listed on: 06/07/2013

Keller Williams GR North (Main)

Last Buyer's Agent

Gary Lott

Agent History

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1895

Lot Details

  • 6,321

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,321 Sq Ft Lot

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,108

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 89900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Propane, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6321.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 2108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Rubeor Rachel
Bought by
Rubeor Rachel
Current Estimated Value
$294,107

Purchase Details

Listed on
Jun 7, 2013
Closed on
Sep 13, 2013
Sold by
Serba Andy and Serba Jennifer
Bought by
Rubeor Rachel
Seller's Agent
Diane Griffin
Keller Williams GR North (Main)
Buyer's Agent
Gary Lott
Agent History
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$67,400
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Johnson Michael and Johnson Renee
Bought by
Serba Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2004
Sold by
Johnson Michael
Bought by
Johnson Michael and Johnson Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2000
Sold by
Norwest Sh and Norwest Bank
Bought by
Rubeor Rachel

Purchase Details

Closed on
Mar 20, 1998
Sold by
Price Price T T and Price Gill R
Bought by
Rubeor Gill R and Rubeor Rachel
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
Rubeor Rachel -- None Listed On Document
Rubeor Rachel $89,900 Grand Rapids Title Agency Ll
Serba Andy $93,000 Metropolitan Title Company
Johnson Michael -- Chicago Title
Rubeor Rachel -- --
Rubeor Gill R $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubeor Rachel $67,400
Previous Owner Serba Andy $93,000
Previous Owner Johnson Michael $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $89,900 0.0% --
08/13/2013 08/13/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $89,900 -- --
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
2025 $2,399 $109,900 $0 $0
2024 $2,399 $100,900 $0 $0
2023 $2,002 $88,900 $0 $0
2022 $1,903 $73,900 $0 $0
2021 $1,854 $66,500 $0 $0
2020 $1,792 $56,300 $0 $0
2019 $1,835 $46,200 $0 $0
2018 $1,779 $38,700 $0 $0
2017 $1,735 $32,600 $0 $0
2016 $1,935 $34,400 $0 $0
2015 $1,846 $34,400 $0 $0
2013 -- $33,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Griffin

    Seller's Agent in 2013

    Diane Griffin

    Keller Williams GR North (Main)

    (616) 916-5960

    101 Total Sales

    Diane Griffin
    Section Image

  • G

    Buyer's Agent in 2013

    Gary Lott

    Agent History

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13033400

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-128-010

Michigan Kent County Grand Rapids 49506 Baxter

1040 Sigsbee St SE, Grand Rapids, MI

This home is located at 1040 Sigsbee St SE, Grand Rapids, MI 49506 since 07 June 2013 and is currently estimated at $294,107. This property was built in 1895. 1040 Sigsbee St SE is a home located in Kent County with nearby schools including Martin Luther King Leadership Academy, 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.
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