NOT LISTED FOR SALE

Estimated Value: $285,000 - $349,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $252,000

Est. 23% increase in value since last sale

Current estimated payment $1,909/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Laundry Facilities
  • Corner Lot: Yes
  • 2 Car Garage
  • Wood Siding

About This Home

As of September 2021

Immaculate 2 unit duplex in a quiet and charming neighborhood that is walking/biking distance to the local colleges and hot spots! If your tired of looking at poorly maintained rental properties your search is over! House was just rental certified with a 6-year city cert plus exterior was freshly painted, 10-year-old architectural shingled roof (front section was damaged in a storm so those shingles were replaced 3 years ago) and 1-year-old water heater. Unit one is a 2-3 bedroom unit with brand new stainless steel stove and refrigerator plus a spacious living room & formal dining room. The main floor has 2 bedrooms and a full bath plus a finished basement with new carpeting & egress window that could be used as a 3rd bedroom or a hangout space. Unit 1 also has a charming enclosed front porch to enjoy the remaining summer and fall month fall months. The upstairs unit is on a month to month lease and has 1 bedroom plus an office area with living room and galley style kitchen. This unit has cathedral ceilings and currently rents for $875 per month. The upstairs current tenant would like to stay if the new buyer is interested. Owner pays all utilities but putting in separate utilities is an option. There are 2 electric panels and a 2nd gas meter where an additional furnace could be added. Seller is leaving 2 sets of coin operated washer and dryers. Garage is a great dry storage area but could use some tlc on the floors and doors. Owner keeps this as personal storage and does not let the tenants use. Seller is reviewing offers Saturday 8/14/21 at noon

Last Agent to Sell the Property

Lindsay VanDuinen-Scully

Re/Max of Grand Rapids (Grandville) License #6501325437 Listed on: 08/09/2021

Re/Max of Grand Rapids (Grandville)

Last Buyer's Agent

Greg Markvluwer

Granger Property Sales & Lease License #6502330670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 50x125
  • Corner Lot: Yes
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1921
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1754.13
  • Tax Info:Zoning3: Res
  • 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
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Mineral Rights:No: Yes
  • Extras:Laundry Facility: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 239900.0
  • Lot Features: Level, Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Dimensions: 50x125
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1754.13
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 17, 2021
Sold by
Marcellus Ventures Llc
Bought by
Markvluwer Elizabeth and Dewitte Anthony
Seller's Agent
Lindsay VanDuinen-Scully
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Greg Markvluwer
Granger Property Sales & Lease
List Price
$239,900
Sold Price
$252,000
Premium/Discount to List
$12,100
5.04%
Current Estimated Value
$310,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,509
Avg. Annual Appreciation
2.38%
Original Mortgage
$247,435
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1990
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
Markvluwer Elizabeth $252,000 None Listed On Document
-- $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markvluwer Elizabeth $247,435
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $252,000 +5.0% --
08/16/2021 08/16/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $239,900 -- --
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 $3,232 $113,000 $0 $0
2024 $3,232 $97,000 $0 $0
2023 $3,232 $85,300 $0 $0
2022 $3,032 $70,900 $0 $0
2021 $1,755 $62,900 $0 $0
2020 $1,696 $55,800 $0 $0
2019 $1,737 $44,700 $0 $0
2018 $1,683 $38,200 $0 $0
2017 $1,642 $32,400 $0 $0
2016 $1,650 $33,600 $0 $0
2015 $1,572 $33,600 $0 $0
2013 -- $29,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21099467

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-454-001