NOT LISTED FOR SALE

Estimated Value: $328,000 - $362,000

4 Beds
1 Bath
-- Sq Ft
0.5 Acres

Last Sold June 19, 2017

Last sale price $170,000

Est. 100% increase in value since last sale

Current estimated payment $2,169/month

2 Days on Market

Highlights

  • 0.5 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • Wooded Lot
  • 3 Car Garage

About This Home

As of June 2017

Rare find! Investment Opportunity! Nice ranch style duplex in a quite area of single family homes. Both units are in great shape and include 2 Bedrooms, Living Room, Bath, Basement, and Family Room Addition on the back of each unit with nice built in storage cabinets. 4 Stall Garage with extra concrete slab parking space outside to the left. Huge backyard that is partially fenced in with woods behind the property. Backyard also contains a storage shed and a large concrete slab for a trailer. Unit 1052 has a new water heater installed. Unit 1054 has a new in box water heater in the basement ready to be installed by the new owner. Don't miss this great opportunity. This nice property has a lot to offer!

Last Agent to Sell the Property

Chad VanderBand

Keller Williams GR East Listed on: 04/27/2017

Last Buyer's Agent

Melissa Falcon

Epique Realty License #6501382037

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,222

Year Built

  • Built in 1964

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 105x180
  • Level Lot
  • Wooded Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

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

Community Details

  • 2 Units
  • Gross Income $18,120

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

$3,222

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1964
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 105X180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3222.31
  • Tax Info:Zoning3: R2
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: 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:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 170000.0
  • Lot Features: Sidewalk, Wooded
  • 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
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21605.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 18120.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3222.31
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Smith and Kristin
Bought by
Smith Kevin and Smith Kristin
Current Estimated Value
$340,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,536
Outstanding Balance
$142,140
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,887

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 19, 2017
Sold by
The Suzy Coon Revocable Trust
Bought by
Smith Kevin and Snow Kristin
Seller's Agent
Chad VanderBand
Keller Williams GR East
Buyer's Agent
Melissa Falcon
Epique Realty
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$162,800
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2005
Sold by
Coon Suzy
Bought by
The Suzy Coon Revocable Trust

Purchase Details

Closed on
Jun 4, 1997
Sold by
Bailey Sallie K and Fleming Barbara
Bought by
Chandler Charles A and Coon Suzy Trust

Purchase Details

Closed on
Nov 28, 1995
Sold by
Bailey George T and Bailey Sallie K
Bought by
Bailey Sallie K and Coon Suzy Trust

Purchase Details

Closed on
Sep 21, 1993
Sold by
Bailey George T and Cox Emily A
Bought by
Bailey George T and Coon Suzy Trust

Purchase Details

Closed on
Aug 31, 1987
Sold by
Bailey George T and Bailey Sallie K
Bought by
Bailey George T and Coon Suzy Trust

Purchase Details

Closed on
May 20, 1987
Sold by
Cox Emily A
Bought by
Bailey George T and Coon Suzy Trust

Purchase Details

Closed on
Feb 22, 1985
Sold by
Bailey George T and Bailey Sallie K
Bought by
Bailey George T and Coon Suzy Trust

Purchase Details

Closed on
Dec 28, 1984
Sold by
Syreck Paul J and Syreck Shirley
Bought by
Lee Chul W and Coon Suzy Trust

Purchase Details

Closed on
Mar 23, 1983
Sold by
Morgan Richard L and Horrigan Edward
Bought by
Syreck Paul J and Coon Suzy Trust
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
Smith Kevin -- None Listed On Document
Smith Kevin $170,000 Grand Rapids Title Co Llc
The Suzy Coon Revocable Trust -- --
Coon Suzy $165,000 --
Chandler Charles A -- --
Bailey Sallie K -- --
Bailey George T -- --
Bailey George T -- --
Bailey George T -- --
Bailey George T -- --
Lee Chul W -- --
Syreck Paul J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kevin $154,536
Previous Owner Smith Kevin $162,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $170,000 0.0% --
04/29/2017 04/29/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $170,000 -- --
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 $3,647 $181,200 $0 $0
2024 $3,647 $169,400 $0 $0
2023 $3,911 $149,200 $0 $0
2022 $3,675 $127,400 $0 $0
2021 $3,582 $113,900 $0 $0
2020 $2,799 $92,200 $0 $0
2019 $3,517 $87,000 $0 $0
2018 $3,429 $69,200 $0 $0
2017 $3,053 $61,800 $0 $0
2016 $3,222 $58,200 $0 $0
2015 $3,169 $58,200 $0 $0
2013 -- $56,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17018583

Southwestern Michigan Association of REALTORS®

APN: 41-17-14-402-011