NOT LISTED FOR SALE

107 Lexington Ave SW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $252,000 - $623,000

4 Beds
4 Baths
-- Sq Ft
2,576 Sq Ft Lot

Last Sold March 07, 2019

Last sale price $135,000

Est. 232% increase in value since last sale

Current estimated payment $3,000/month

15 Days on Market

About This Home

As of March 2019

4 unit home close to downtown GVSU campus and YMCA. Home needs work, being sold as is. Seller pays all utilities.

Last Agent to Sell the Property

Lora Sandberg

Turnkey Realty LLC License #6502426785 Listed on: 02/06/2019

Co-Listed By

Bernadette Nomura

Turnkey Realty LLC License #6502387861

Last Buyer's Agent

Bernadette Nomura

Coldwell Banker Realty Lwl-I

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1880

Lot Details

  • 2,576

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 2,576 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,086

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 150000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Wall Furnace, Space Heater
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2576.0
  • Zoning Description: Res Imp
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2086.42
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Heidi J Rahimi Trust and Ramin Rahimi Trust
Bought by
Hark Properties Llc
Current Estimated Value
$447,832

Purchase Details

Closed on
Apr 11, 2022
Sold by
Kba Re Llc
Bought by
Ramin Rahimi Trust and Heidi J Rahimi Trust

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 7, 2019
Sold by
Stubblefield Ethyl and Stubblefield Jimmy D
Bought by
Kba Re Llc
Seller's Agent
Lora Sandberg
Turnkey Realty LLC
Buyer's Agent
Bernadette Nomura
Turnkey Realty LLC
List Price
$170,000
Sold Price
$135,000
Premium/Discount to List
-$35,000
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Mills Mills E E and Mills Stbblfld J
Bought by
Stbblfld Stbblfld J and Stbblfld E
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
Hark Properties Llc -- None Listed On Document
Ramin Rahimi Trust $550,000 None Listed On Document
Kba Re Llc $135,000 None Available
Stbblfld Stbblfld J $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kbare Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $135,000 -20.6% --
02/21/2019 02/21/19 Pending -- -- --
02/06/2019 02/06/19 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 $6,763 $172,400 $0 $0
2024 $6,763 $151,100 $0 $0
2023 $6,464 $129,100 $0 $0
2022 $4,767 $120,800 $0 $0
2021 $4,645 $91,100 $0 $0
2020 $3,309 $64,700 $0 $0
2019 $1,698 $65,000 $0 $0
2018 $1,977 $52,400 $0 $0
2017 $1,606 $50,500 $0 $0
2016 $1,943 $44,000 $0 $0
2015 $2,144 $44,000 $0 $0
2013 -- $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lora Sandberg

    Seller's Agent in 2019

    Lora Sandberg

    Turnkey Realty LLC

    (616) 889-3244

    26 Total Sales

    Lora Sandberg
    Section Image
  • Bernadette Nomura

    Seller Co-Listing Agent in 2019

    Bernadette Nomura

    Turnkey Realty LLC

    (616) 389-9999

    2 in this area

    198 Total Sales

    Bernadette Nomura
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19004381

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-307-017

Michigan Kent County Grand Rapids 49504 SWAN

107 Lexington Ave SW, Grand Rapids, MI

This home is located at 107 Lexington Ave SW, Grand Rapids, MI 49504 since 06 February 2019 and is currently estimated at $447,832. This property was built in 1880. 107 Lexington Ave 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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