NOT LISTED FOR SALE

1041 Hamilton Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $263,225 - $342,000

-- Bed
-- Bath
-- Sq Ft
5,053 Sq Ft Lot

Last Sold April 02, 2012

Last sale price $56,000

Est. 427% increase in value since last sale

Current estimated payment $1,731/month

35 Days on Market

About This Home

As of April 2012

Investors take note. LARGE 3 unit located near college campuses, bus lines, and downtown GR. The major work has been done within the last few years including new windows throughout(including glass block in basement), new furnaces, hot water heaters, bathrooms, kitchen and bathroom flooring, and fixtures. A few minor touches will put this one into immediate operation with great cash flow potential!! Call today for your private showing. Square footage is approximate, buyer to verify.

Last Agent to Sell the Property

Nolan Miklusicak

Blueprint Properties LLC License #6502376665 Listed on: 02/10/2012

Last Buyer's Agent

Barbara Newburg

Greenridge Realty (Summit) License #6501307046

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 5,053

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 69900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 2099.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2012
Sold by
Gerdes Timothy K
Bought by
Gerdes Properties Llc
Current Estimated Value
$295,056

Purchase Details

Listed on
Feb 10, 2012
Closed on
Apr 20, 2012
Sold by
Woodward Jeff
Bought by
Gerdes Timothy
Seller's Agent
Nolan Miklusicak
Blueprint Properties LLC
Buyer's Agent
Barbara Newburg
Greenridge Realty (Summit)
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Apr 14, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Woodward Jeff

Purchase Details

Closed on
Oct 10, 2008
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 9, 2008
Sold by
Vega Guillermo and Vega Alma
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 7, 2004
Sold by
Hope Homes Inc
Bought by
Vega Guillermo and Vega Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,755
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2004
Sold by
Hud
Bought by
Hope Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 7, 2002
Sold by
Mortgage Electronic Registration System
Bought by
Hud

Purchase Details

Closed on
Jan 1, 1998
Bought by
Red Dog Prop and Gerdes Timothy

Purchase Details

Closed on
May 17, 1996

Purchase Details

Closed on
Feb 23, 1990
Sold by
Lovse Lovse M M and Lovse Schuitema J
Bought by
Gerdes Timothy

Purchase Details

Closed on
Feb 22, 1990

Purchase Details

Closed on
Oct 19, 1981
Source: Public Records

Range of Values:

Collateral Analytics

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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
Gerdes Properties Llc -- None Available
Gerdes Timothy $56,000 Midstate Title Agency Llc
Woodward Jeff $13,500 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $123,146 None Available
Vega Guillermo $120,000 --
Hope Homes Inc -- --
Hud -- --
Red Dog Prop $62,900 --
-- -- --
Gerdes Timothy $53,000 --
-- $39,200 --
-- $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Guillermo $118,755
Previous Owner Hope Homes Inc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2012 04/02/12 Sold $56,000 -19.9% --
03/16/2012 03/16/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $69,900 -- --
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 $1,930 $126,500 $0 $0
2024 $1,930 $124,000 $0 $0
2023 $1,914 $108,300 $0 $0
2022 $1,819 $88,400 $0 $0
2021 $1,773 $78,300 $0 $0
2020 $1,713 $71,000 $0 $0
2019 $1,754 $62,400 $0 $0
2018 $1,701 $47,900 $0 $0
2017 $1,659 $35,700 $0 $0
2016 $1,667 $32,000 $0 $0
2015 $1,588 $32,000 $0 $0
2013 -- $30,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nolan Miklusicak

    Blueprint Properties LLC

    (616) 706-2459

    2 in this area

    76 Total Sales

    Nolan Miklusicak
    Section Image

  • B

    Buyer's Agent in 2012

    Barbara Newburg

    Greenridge Realty (Summit)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12007987

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-128-041

Michigan Kent County Grand Rapids 49504 West Grand

1041 Hamilton Ave NW, Grand Rapids, MI

This home is located at 1041 Hamilton Ave NW, Grand Rapids, MI 49504 since 10 February 2012 and is currently estimated at $295,056. This property was built in 1905. 1041 Hamilton Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech 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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