NOT LISTED FOR SALE

1052 Butterworth St SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $214,000 - $251,000

-- Bed
-- Bath
-- Sq Ft
2,059 Sq Ft Lot

Last Sold August 01, 2018

Last sale price $107,000

Est. 121% increase in value since last sale

Current estimated payment $1,488/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot

About This Home

As of August 2018

Come see this affordable two-unit home that is fully occupied. Unit one (main level) is under lease until July 2019 with a long term tenant of eight years. Unit two (upper level) is month-to-month. Home has vinyl siding and about half of the windows have been replaced. Easy street parking. This convenient Westside location is a short walk to John Ball Zoo, close to GVSU and downtown, and has easy access to both 131 and 196. Don't miss out on this opportunity!

Last Agent to Sell the Property

Lisa VanderLoo

Coldwell Banker Schmidt Realtors Listed on: 06/27/2018

Last Buyer's Agent

Jolane Tomlinson

RE/MAX of Grand Rapids (Wyomg)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1900

Lot Details

  • 2,059 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

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: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1317.13
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • 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
  • Lot Description:Level: 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:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 110000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2059.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1317.13
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2019
Sold by
Lutz Thomas
Bought by
Grand Rapids Rental One Llc
Current Estimated Value
$236,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,584
Outstanding Balance
$125,981
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$104,823

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 1, 2018
Sold by
Williams Carrie L
Bought by
Lutz Thomas
Seller's Agent
Lisa VanderLoo
Coldwell Banker Schmidt Realtors
Buyer's Agent
Jolane Tomlinson
RE/MAX of Grand Rapids (Wyomg)
List Price
$110,000
Sold Price
$107,000
Premium/Discount to List
-$3,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$80,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na and Home Equity Asset Trust 2005-9 Home Equi

Purchase Details

Closed on
Jul 5, 2006
Sold by
Gallivan Jason
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 20, 2005
Sold by
Fulvi Beth Marie
Bought by
Gallivan Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 1991
Sold by
Fulvi Fulvi F F and Fulvi P
Bought by
Williams Carrie L

Purchase Details

Closed on
May 5, 1989
Sold by
Fulvi Fulvi F F and Fulvi P
Bought by
Williams Carrie L

Purchase Details

Closed on
Dec 29, 1988
Sold by
Fulvi Fulvi F F and Fulvi P
Bought by
Williams Carrie L

Purchase Details

Closed on
Dec 28, 1988
Sold by
Fulvi Fulvi F F and Fulvi P
Bought by
Williams Carrie L

Purchase Details

Closed on
Nov 24, 1987
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
Grand Rapids Rental One Llc -- Foundation Title Agency Llc
Lutz Thomas $107,000 None Available
Us Bank Na -- E Title Agency
Mortgage Electronic Registration Systems $56,552 None Available
Gallivan Jason $120,000 --
Williams Carrie L -- --
Williams Carrie L -- --
Williams Carrie L $19,600 --
Williams Carrie L -- --
-- $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Rapids Rental One Llc $142,584
Previous Owner Lutz Thomas $80,250
Previous Owner Gallivan Jason $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $107,000 -2.7% --
06/30/2018 06/30/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $110,000 -- --
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 $2,875 $94,100 $0 $0
2024 $2,875 $84,600 $0 $0
2023 $2,852 $75,700 $0 $0
2022 $2,710 $63,500 $0 $0
2021 $2,641 $56,600 $0 $0
2020 $2,552 $49,900 $0 $0
2019 $1,350 $39,500 $0 $0
2018 $1,350 $31,600 $0 $0
2017 $1,317 $26,700 $0 $0
2016 $1,324 $27,500 $0 $0
2015 $1,261 $27,500 $0 $0
2013 -- $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa VanderLoo

    Coldwell Banker Schmidt Realtors

  • J

    Buyer's Agent in 2018

    Jolane Tomlinson

    RE/MAX Michigan

  • Juanita Buskard

    Buyer Co-Listing Agent in 2018

    Juanita Buskard

    Buskard Group Real Estate

    (616) 292-8429

    1 in this area

    142 Total Sales

    Juanita Buskard
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18029787

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-456-003

Michigan Kent County Grand Rapids 49504 SWAN

1052 Butterworth St SW, Grand Rapids, MI

This home is located at 1052 Butterworth St SW, Grand Rapids, MI 49504 since 27 June 2018 and is currently estimated at $236,162. This property was built in 1900. 1052 Butterworth St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood Middle School, and Union 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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