NOT LISTED FOR SALE

Estimated Value: $243,000 - $254,448

5 Beds
2 Baths
-- Sq Ft
4,880 Sq Ft Lot

Last Sold May 29, 2018

Last sale price $133,790

Est. 85% increase in value since last sale

Current estimated payment $1,516/month

8 Days on Market

About This Home

As of May 2018

Great investment opportunity on the NW side of Grand Rapids. Close to shops and new developments. Lower unit features fresh paint and new appliances. Multiple offers, Highest and Best offer due by Tuesday, 5/8 at 5pm

Last Agent to Sell the Property

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 05/01/2018

Co-Listed By

Dennis Childress

Childress & Associates Realty License #6504130914

Last Buyer's Agent

Joshua Howard

Keller Williams GR East License #6501391448

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1890

Lot Details

  • 4,880 Sq Ft Lot
  • Lot Dimensions are 40x122

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

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

$1,295

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1295.08
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • 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
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 115000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4880.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1295.08
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
May 29, 2018
Sold by
1049 Mcreynolds Llc
Bought by
Kundapur Rajeevlochan and Kundapur Deepa
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Joshua Howard
Keller Williams GR East
List Price
$115,000
Sold Price
$133,790
Premium/Discount to List
$18,790
16.34%
Current Estimated Value
$247,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,322
Avg. Annual Appreciation
8.71%
Original Mortgage
$80,000
Outstanding Balance
$69,030
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$178,082

Purchase Details

Closed on
Aug 15, 2014
Sold by
Essink Dan
Bought by
1049 Mcreynolds Llc

Purchase Details

Listed on
Sep 10, 2012
Closed on
Oct 12, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Essink Dan
Seller's Agent
Rhoda Brooks
Midwest Prop of Mich (DB) - I
Buyer's Agent
Dennis Childress
Childress & Associates Realty
List Price
$29,900
Sold Price
$29,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Vandentoorn Russell J and Vandentoorn Carol
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 4, 2005
Sold by
Molewyk Steven P and Molewyk Julie
Bought by
Vanden Toorn Russell J and Vanden Toorn Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2005
Sold by
The Jan H Boer & Frances A Boer Nigeria
Bought by
Molewyk Steven P and Molewyk Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 23, 1997
Sold by
Wing Wing T T and Wing J
Bought by
New Dimension Properties and Essink Dan

Purchase Details

Closed on
Jul 22, 1997
Sold by
New Jansen R and New Dmnsn
Bought by
New Dimension Properties and Essink Dan

Purchase Details

Closed on
Jul 20, 1995
Sold by
Pitcher Pitcher G G and Pitcher Hough D
Bought by
Essink Hough D and Essink Dan

Purchase Details

Closed on
Jan 10, 1995
Sold by
New Jansen and New Dimension
Bought by
New Dimension and Essink Dan

Purchase Details

Closed on
Apr 22, 1994
Sold by
Jansen Jansen K K and Jansen K
Bought by
Essink Dan

Purchase Details

Closed on
Apr 21, 1994
Sold by
Wing Wing T T and Wing Jansen K
Bought by
Essink Dan

Purchase Details

Closed on
Mar 3, 1988
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
Kundapur Rajeevlochan $133,790 Sun Title Agency Of Michigan
1049 Mcreynolds Llc -- None Available
Essink Dan $29,900 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $90,991 None Available
Vanden Toorn Russell J $69,730 --
Molewyk Steven P $60,000 --
New Dimension Properties $46,000 --
New Dimension Properties -- --
Essink Hough D $21,000 --
New Dimension $40,100 --
Essink Dan -- --
Essink Dan -- --
-- $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kundapur Rajeevlochan $80,000
Previous Owner Vanden Toorn Russell J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $133,790 +16.3% --
05/09/2018 05/09/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $115,000 +284.6% --
10/15/2012 10/15/12 Sold $29,900 0.0% --
09/28/2012 09/28/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $29,900 -- --
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 $2,477 $103,000 $0 $0
2024 $2,477 $92,600 $0 $0
2023 $2,457 $82,700 $0 $0
2022 $2,335 $66,900 $0 $0
2021 $2,276 $59,800 $0 $0
2020 $2,199 $53,000 $0 $0
2019 $2,252 $42,200 $0 $0
2018 $1,328 $35,300 $0 $0
2017 $1,295 $29,900 $0 $0
2016 $1,301 $27,200 $0 $0
2015 $1,240 $27,200 $0 $0
2013 -- $23,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18017840

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-104-020