NOT LISTED FOR SALE

1065 Lafayette Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $261,000 - $304,063

9 Beds
3 Baths
-- Sq Ft
5,270 Sq Ft Lot

Last Sold October 30, 2013

Last sale price $22,500

Est. 1,151% increase in value since last sale

Current estimated payment $1,714/month

30 Days on Market

About This Home

As of October 2013

This is a Kent County Land Bank property. The KCLB is working in the interest of improving our neighborhoods. Buyers must present proof of funds to purchase and complete rehab and proof of ability to perform improvements to the property. Examples of proof of ability would include a builders license or proof of other previous development. KCLB will not respond to any offers until property has been on the market for ten days.

Last Agent to Sell the Property

Aaron Metaj

Sterling Realty Services Inc.-I Listed on: 09/17/2013

Last Buyer's Agent

Robert Coursey

Leading Edge Realty LLC License #6501309293

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1885

Lot Details

  • 5,270 Sq Ft Lot

Parking

  • 4 Parking Spaces

Utilities

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

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 18900.0
  • Number of Buildings: 2

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5270.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1523.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2013
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority
Current Estimated Value
$281,516

Purchase Details

Closed on
Jul 15, 2013
Sold by
Parrish Kenneth D
Bought by
City Of Grand Rapids

Purchase Details

Closed on
Aug 16, 2006
Sold by
Pichardo Zolla R and Pichardo Fernando E
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jun 19, 2004
Sold by
Pichardo Fernando
Bought by
Pichardo Fernando E and Pichardo Zolla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2000
Bought by
Garcia Tavarez and Garcia Edmer

Purchase Details

Closed on
Nov 29, 1996
Sold by
Morren Morren K K and Pichardo Morren
Bought by
Garcia Pichardo Z and Garcia Edmer

Purchase Details

Closed on
Jun 28, 1996
Sold by
Pchardo Pchardo F F and Pchardo Pichardo Z
Bought by
Garcia Edmer

Purchase Details

Closed on
May 28, 1996
Sold by
Morren Morren K K and Morren Pichardo F
Bought by
Pichardo Zoila and Garcia Edmer
Source: Public Records

Range of Values:

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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
Kent County Land Bank Authority -- None Available
City Of Grand Rapids $6,431 None Available
Lasalle Bank Na $90,106 None Available
Pichardo Fernando E -- --
Garcia Tavarez $48,000 --
Garcia Pichardo Z $9,000 --
Garcia Edmer -- --
Pichardo Zoila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pichardo Fernando E $87,200
Previous Owner Pichardo Fernando E $39,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $22,500 -6.3% --
10/17/2013 10/17/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $24,000 -- --
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 $1,907 $131,000 $0 $0
2024 $1,907 $121,300 $0 $0
2023 $1,936 $108,600 $0 $0
2022 $1,798 $89,900 $0 $0
2021 $1,752 $81,000 $0 $0
2020 $1,693 $68,900 $0 $0
2019 $1,733 $57,900 $0 $0
2018 $1,680 $43,500 $0 $0
2017 $1,639 $36,400 $0 $0
2016 $1,647 $30,700 $0 $0
2015 $1,569 $30,700 $0 $0
2013 -- $29,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Aaron Metaj

    Sterling Realty Services Inc.-I

  • R

    Buyer's Agent in 2013

    Robert Coursey

    Leading Edge Realty LLC

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13055049

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-377-068

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1065 Lafayette Ave SE, Grand Rapids, MI

This home is located at 1065 Lafayette Ave SE, Grand Rapids, MI 49507 since 17 September 2013 and is currently estimated at $281,516. This property was built in 1885. 1065 Lafayette Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills 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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