NOT LISTED FOR SALE

1059 Walker Ave NW Unit 2 Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $204,000 - $256,000

4 Beds
1 Bath
-- Sq Ft
0.92 Acres

Last Sold January 19, 2017

Last sale price $42,500

Est. 417% increase in value since last sale

Current estimated payment $1,432/month

39 Days on Market

About This Home

As of January 2017

BACK ON THE MARKET !!THE BASEMENT HAS BEEN ''COMPLETELY REHABBED'': ALL NEW JOISTS AND CROSS MEMBERS, NEW INSULATION ALL THE WAY AROUND, NEW FOUNDATIONAL SUPPORTS, NEW CONCRETE FLOOR.. It has been entirely cleaned out for the next investor to start modifications.. Needs all mechanicals, kitchen, bathroom, flooring, plumbing, etc..Electrical is in working order..Its priced accordingly..A good investment property after rehab..Near Grand Valley downtown. Handy man special with a vision..MAKE OFFER !

Last Agent to Sell the Property

Mitchel Stevens

Home Run Real Estate License #6501339937 Listed on: 12/08/2016

Last Buyer's Agent

Gerard Sobczak, Jr

Five Star Real Estate (Grandv) License #6501390247

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1895

Lot Details

  • 0.92

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Utilities

  • Heating System Uses Natural Gas
  • Phone Connected

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.92 Acre Lot

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

$1,048

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40*112
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1048.07
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 49900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: None, Natural Gas
  • Heating: No
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.92
  • Lot Size Area: 0.92
  • Lot Size Sq Ft: 40112.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1048.07
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Nunez Rafael Gavina
Bought by
Mata Oliva Adan
Current Estimated Value
$219,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Outstanding Balance
$116,114
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$106,561

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jan 18, 2017
Sold by
Ekkens Michael
Bought by
Nunez Rafael Gavina
Seller's Agent
Mitchel Stevens
Home Run Real Estate
Buyer's Agent
Gerard Sobczak, Jr
Five Star Real Estate (Grandv)
List Price
$47,500
Sold Price
$42,500
Premium/Discount to List
-$5,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%

Purchase Details

Closed on
Aug 26, 2016
Sold by
Perez Herlinda
Bought by
Ekkens Micahel

Purchase Details

Closed on
Jul 21, 2000
Bought by
Perez Perez H and Perez Herlinda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mata Oliva Adan $135,000 First American Title Ins
Nunez Rafael Gavina $42,500 Star Title Agency Llc
Ekkens Micahel $25,000 Essential Title Agency Llc
Perez Perez H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mata Oliva Adan $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2017 01/19/17 Sold $42,500 -10.5% --
01/16/2017 01/16/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $47,500 -- --
Source: MichRIC

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 $3,322 $95,300 $0 $0
2024 $3,322 $82,100 $0 $0
2023 $3,407 $69,500 $0 $0
2022 $3,243 $60,400 $0 $0
2021 $1,535 $55,500 $0 $0
2020 $1,484 $48,000 $0 $0
2019 $1,002 $35,900 $0 $0
2018 $1,473 $27,800 $0 $0
2017 $1,366 $23,600 $0 $0
2016 $1,074 $21,700 $0 $0
2015 $1,023 $21,700 $0 $0
2013 -- $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mitchel Stevens

    Home Run Real Estate

    Section Image

  • G

    Buyer's Agent in 2017

    Gerard Sobczak, Jr

    Five Star Real Estate (Grandv)

    Section Image
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Map

Source: MichRIC

MLS Number: 16049305

MichRIC

APN: 41-13-23-253-029

Michigan Kent County Grand Rapids 49504 West Grand

1059 Walker Ave NW Unit 2, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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