NOT LISTED FOR SALE

10958 Mountain Ash Ave NW Grand Rapids, MI 49534

Estimated Value: $359,000 - $399,000

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Last Sold October 05, 2021

Last sale price $292,000

Est. 27% increase in value since last sale

Current estimated payment $2,302/month

4 Days on Market

Highlights

  • Cul-De-Sac
  • Central Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

This side by side Ranch Style Duplex sits on a culdesac just west of Standale in Tallmadge Township and Grandville School district. It backs up to the woods so the owner can watch the deer and turkey as they roam around in the backyards. Both sides are extremely nice. The owners side has a 2-stall garage and both sides have Central Air. The rental income on this property is $1,300 per month, so you do the math!! You could own this home for less than you can rent in this area! This is just a perfect home for a person to live in as an owner-occupant or keep as a great investment property. Come take a look! NOTE: The seller has asked that we call for highest and best offers to be due by 8-30-2021 at 4pm!

Last Agent to Sell the Property

Randy Reeds

Reeds Realty License #6504208277 Listed on: 08/26/2021

Last Buyer's Agent

Darryl Matthews, Jr

Keller Williams GR East License #6506047703

Keller Williams GR East

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1964

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Operating Expense $700
  • Gross Income $28,800
  • Net Operating Income $28,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,398

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 279900.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Sq Ft: 22332.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 28800.0
  • Insurance Expense: 700.0
  • Net Operating Income: 28100.0
  • Number of Units Total: 2
  • Operating Expense: 700.0

Tax Info

  • Tax Annual Amount: 2398.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 5, 2021
Sold by
Vaideras Amy and Fuentes Mario
Bought by
Fuentes Irene and Fuentes Mario
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Darryl Matthews, Jr
Keller Williams GR East
List Price
$279,900
Sold Price
$292,000
Premium/Discount to List
$12,100
4.32%
Current Estimated Value
$371,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,798
Avg. Annual Appreciation
6.44%
Original Mortgage
$286,711
Outstanding Balance
$262,586
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$109,212

Purchase Details

Closed on
Nov 23, 2016
Sold by
Weeks Mark and Weeks Amy
Bought by
Weeks Mark and Weeks Amy

Purchase Details

Closed on
Feb 4, 2016
Sold by
Weeks Mark and Weeks Amy
Bought by
Bell Brook and Weeks Amy

Purchase Details

Closed on
Jun 5, 2014
Sold by
Weeks Mark and Weeks Amy
Bought by
Obededom 1 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
Fuentes Irene -- None Available
Valderas Amy $292,000 Sun Title Agency Of Mi Llc
Weeks Mark -- Attorney
Weeks Mark -- Attorney
Bell Brook -- Attorney
Obededom 1 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valderas Amy $286,711
Previous Owner Weeks $44,900
Previous Owner Mark $35,000
Previous Owner Mark $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $292,000 +4.3% --
08/30/2021 08/30/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $279,900 -- --
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 $3,312 $135,700 $0 $0
2024 $2,801 $129,700 $0 $0
2023 $2,674 $119,200 $0 $0
2022 $3,013 $107,500 $0 $0
2021 $2,424 $100,900 $0 $0
2020 $2,374 $98,300 $0 $0
2019 $2,212 $76,900 $0 $0
2018 $2,167 $71,900 $8,400 $63,500
2017 $2,088 $65,600 $0 $0
2016 $2,558 $65,700 $0 $0
2015 -- $65,100 $0 $0
2014 -- $62,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Reeds

    Seller's Agent in 2021

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    27 in this area

    279 Total Sales

    Randy Reeds
    Section Image
  • Darryl Matthews, Jr

    Buyer's Agent in 2021

    Darryl Matthews, Jr

    Keller Williams GR East

    (616) 881-9047

    1 in this area

    237 Total Sales

    Darryl Matthews, Jr
    Section Image
  • Lucas Howard

    Buyer Co-Listing Agent in 2021

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    3 in this area

    1,244 Total Sales

    Lucas Howard
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21102735

Southwestern Michigan Association of REALTORS®

APN: 70-10-25-150-016

Michigan Ottawa County Grand Rapids 49534

10958 Mountain Ash Ave NW, Grand Rapids, MI

This home is located at 10958 Mountain Ash Ave NW, Grand Rapids, MI 49534 since 26 August 2021 and is currently estimated at $371,798. This property was built in 1964. 10958 Mountain Ash Ave NW is a home located in Ottawa County with nearby schools including Central Elementary School, Grandville Middle School, and West Michigan Academy of Environmental Science.

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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