NOT LISTED FOR SALE

1046 Lafayette Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $293,000 - $345,546

-- Bed
-- Bath
-- Sq Ft
4,469 Sq Ft Lot

Last Sold February 23, 2018

Last sale price $118,000

Est. 166% increase in value since last sale

Current estimated payment $2,037/month

6 Days on Market

About This Home

As of February 2018

SE Grand Rapids 4 Unit. Great Investment or owner occupant opportunity All units are 2 Bedroom 1 Bath.

Last Agent to Sell the Property

Linda Tanis

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 12/22/2017

Last Buyer's Agent

Amy Vissman

Keller Williams GR East

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,469 Sq Ft Lot
  • Lot Dimensions are 41x109

Home Design

  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 41x109
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4233.75
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 139900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4469.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4233.75
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2017
Closed on
Feb 23, 2018
Sold by
Ramirez Rosendo
Bought by
Longshot Holdings Llc
Seller's Agent
Linda Tanis
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Amy Vissman
Keller Williams GR East
List Price
$139,900
Sold Price
$118,000
Premium/Discount to List
-$21,900
-15.65%
Current Estimated Value
$313,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,387
Avg. Annual Appreciation
13.47%
Original Mortgage
$109,500
Outstanding Balance
$93,696
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
$213,146

Purchase Details

Closed on
Jun 23, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2005-50

Purchase Details

Closed on
Jun 18, 2008
Sold by
Kile Matthew and Kile Nancy
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 19, 2005
Sold by
Lopez Abel M and Garcia Consuelo
Bought by
Kile Matthew and Kile Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2000
Sold by
Grdy Grp
Bought by
Lopez and Lopez Garca

Purchase Details

Closed on
Dec 23, 1998
Bought by
Grady Group and Ramirez Rosendo Maria

Purchase Details

Closed on
May 12, 1997
Sold by
Gray Gray J J and Gray Wesley Y
Bought by
Ramirez Wesley Y and Ramirez Rosendo Maria

Purchase Details

Closed on
Jun 12, 1995
Sold by
Meloncon Est and Meloncon Gray J
Bought by
Ramirez Gray J and Ramirez Rosendo Maria

Purchase Details

Closed on
Nov 17, 1977
Source: Public Records

Range of Values:

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Average Value
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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
Longshot Holdings Llc $118,000 None Available
Bank Of New York -- None Available
Mortgage Electronic Registration Systems $92,250 None Available
Kile Matthew $147,000 --
Lopez $130,000 --
Grady Group $40,000 --
Ramirez Wesley Y $20,000 --
Ramirez Gray J -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longshot Holdings Llc $109,500
Previous Owner Kile Matthew $132,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $118,000 -15.7% --
12/28/2017 12/28/17 Pending -- -- --
12/22/2017 12/22/17 For Sale $139,900 -- --
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 $4,403 $160,500 $0 $0
2024 $4,403 $145,700 $0 $0
2023 $4,208 $126,900 $0 $0
2022 $4,151 $117,300 $0 $0
2021 $4,044 $100,700 $0 $0
2020 $3,909 $87,100 $0 $0
2019 $4,002 $75,000 $0 $0
2018 $3,640 $64,000 $0 $0
2017 $3,560 $47,500 $0 $0
2016 $3,026 $55,600 $0 $0
2015 $3,308 $55,600 $0 $0
2013 -- $52,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Linda Tanis

    Berkshire Hathaway HomeServices Michigan Real Estate

  • Amy Vissman

    Buyer's Agent in 2018

    Amy Vissman

    Keller Williams GR East

    (616) 540-0426

    137 Total Sales

    Amy Vissman
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17057745

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-378-012

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1046 Lafayette Ave SE, Grand Rapids, MI

This home is located at 1046 Lafayette Ave SE, Grand Rapids, MI 49507 since 22 December 2017 and is currently estimated at $313,387. This property was built in 1900. 1046 Lafayette Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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