NOT LISTED FOR SALE

107 Roth St SE Unit 109 Grand Rapids, MI 49548

Estimated Value: $328,000 - $514,000

4 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold October 12, 2012

Last sale price $130,000

Est. 214% increase in value since last sale

Current estimated payment $2,437/month

402 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 4 Car Garage
  • East Kentwood High School Rated A-

About This Home

As of October 2012

Awesome Side-by-Side Duplex In Kentwood Schools. Separate Utilities, Newer Roof, Newer Carpet, New Pella Sliders, New Garage Doors. Would Make A Wonderful Owner Occupied Investment Property. Washer And Dryer In Both Units. This Really Is A Turn-key Rental Property.

Last Agent to Sell the Property

Kevin Wright

Qwest Realty Consultants License #6502338611 Listed on: 08/26/2011

Last Buyer's Agent

Nicole Larson

Lighthouse Property Management License #6501328546

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1979

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Utilities

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

Community Details

  • 2 Units
  • Gross Income $17,400

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,057

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1979
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 80x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3057.0
  • 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
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • List Price: 159000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 80x120
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 17400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3057.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2011
Closed on
Oct 12, 2012
Sold by
Visser Laug Rachel E and Laug Erik R
Bought by
L B Real Estate Properties Llc
Seller's Agent
Kevin Wright
Qwest Realty Consultants
Buyer's Agent
Nicole Larson
Lighthouse Property Management
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Current Estimated Value
$407,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,801
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Nov 12, 2004
Sold by
Hirt Jeffrey A
Bought by
Visser Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1998
Sold by
Hirt Jeffrey A
Bought by
Hirt Jeffrey A and Lb Real Estate Properties Llc

Purchase Details

Closed on
Feb 7, 1997
Bought by
Skinner Robert and Lb Real Estate Properties Llc
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
L B Real Estate Properties Llc $130,000 First American Title Ins Co
Visser Rachel E $183,000 --
Hirt Jeffrey A $119,000 --
Skinner Robert $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Visser Rachel E $173,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $130,000 -25.7% --
10/01/2012 10/01/12 Pending -- -- --
08/26/2011 08/26/11 For Sale $175,000 -- --
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 $3,300 $130,900 $0 $0
2024 $3,300 $118,000 $0 $0
2022 $0 $98,800 $0 $0
2021 $0 $96,100 $0 $0
2020 $0 $90,800 $0 $0
2019 $0 $85,500 $0 $0
2018 $0 $84,200 $12,500 $71,700
2017 $0 $73,400 $0 $0
2016 $0 $62,300 $0 $0
2015 -- $62,300 $0 $0
2013 -- $60,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11048045

Southwestern Michigan Association of REALTORS®

APN: 41-22-07-351-057