NOT LISTED FOR SALE

11 Mathews Ct NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $343,000 - $488,152

2 Beds
4 Baths
-- Sq Ft
1,414 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $420,000

Est. 3% decrease in value since last sale

Current estimated payment $2,885/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Level Lot

About This Home

As of October 2022

4 separate houses on one lot with an extra lot for parking. Each home is 672 sq ft plus a basement for storage and laundry. Roofs are 7 to 10 years old, replacement windows, vinyl siding, private yards, all for $100,000 per unit! 3 units are rented, and one is vacant for showings. It has the sign in front. The rest can be seen after offer is accepted. Please do not bother tenants. Offers due by Aug 29 6PM. #13 lease is $850, exp 10/4/22, #15 is $800, exp 1/1/2023, #17 is $850 exp 7.1/20223.

Last Listed By

Dan Stegman

Five Star Real Estate (Rock) License #6501117104 Listed on: 08/23/2022

Five Star Real Estate (Rock)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1890

Lot Details

  • 1,414 Sq Ft Lot
  • Lot Dimensions are 158'x94'
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,560
  • Maintenance Expense $2,000
  • Utility Expense $2,600
  • Operating Expense $6,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,040

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 399900.0
  • Number of Buildings: 4
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1414.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1560.0
  • Maintenance Expense: 2000.0
  • Number of Units Total: 4
  • Operating Expense: 6160.0

Tax Info

  • Tax Annual Amount: 3040.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Bumstead Andrew Scott
Bought by
Sunrise Properties Ii Llc
Total Days on Market
6
Current Estimated Value
$409,038

Purchase Details

Closed on
May 28, 2008
Sold by
Wells Fargo Bank Na
Bought by
Bumstead Andrew Scott

Purchase Details

Closed on
Aug 15, 2007
Sold by
Lagrone William H and Lagrone Mary Ann
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 2, 1999
Sold by
Rierson Rierson R R and Rierson Lagrone W
Bought by
Bumstead Lagrone W and Bumstead Andrew Scott

Purchase Details

Closed on
Mar 18, 1997
Bought by
Bumstead Rierson R and Bumstead Andrew Scott

Purchase Details

Closed on
Jun 16, 1995
Sold by
Broersma Broersma J J and Broersma Hometowne
Bought by
Bumstead Hometowne and Bumstead Andrew Scott

Purchase Details

Closed on
Mar 30, 1995
Sold by
Briggs Tst and Broersma Briggs
Bought by
Bumstead Broersma and Bumstead Andrew Scott

Purchase Details

Closed on
Mar 29, 1995
Sold by
Briggs Briggs C C and Briggs Ts
Bought by
Bumstead Andrew Scott

Purchase Details

Closed on
May 21, 1980

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
Sunrise Properties Ii Llc $420,000 Star Title
Wells Fargo Bank Na $125,000 None Available
Bumstead Lagrone W $102,000 --
Bumstead Rierson R $95,000 --
Bumstead Hometowne -- --
Bumstead Broersma $90,000 --
Bumstead Andrew Scott -- --
-- $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagrone William H $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $420,000 +5.0% --
08/29/2022 08/29/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $399,900 -- --
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
2024 $7,407 $166,600 $0 $0
2023 $7,193 $141,400 $0 $0
2022 $2,966 $140,500 $0 $0
2021 $2,890 $111,500 $0 $0
2020 $2,794 $103,600 $0 $0
2019 $2,676 $83,400 $0 $0
2018 $2,594 $61,800 $0 $0
2017 $2,531 $52,000 $0 $0
2016 $2,543 $47,400 $0 $0
2015 $2,423 $47,400 $0 $0
2013 -- $53,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Stegman

    Seller's Agent in 2022

    Dan Stegman

    Five Star Real Estate (Rock)

    (616) 293-4546

    5 in this area

    40 Total Sales

    Dan Stegman
    Section Image
  • Rod Thiss

    Buyer's Agent in 2022

    Rod Thiss

    Five Star Real Estate (Grandv)

    (616) 822-5914

    1 in this area

    143 Total Sales

    Rod Thiss
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22036263

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-303-027

Michigan Kent County Grand Rapids 49505 Creston

11 Mathews Ct NE, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 11 Mathews Ct NE, Grand Rapids, MI 49505 since 23 August 2022 and is currently estimated at $409,038. This property was built in 1890. 11 Mathews Ct NE is a home located in Kent County with nearby schools including Palmer School, Riverside 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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