NOT LISTED FOR SALE

Estimated Value: $280,000 - $318,000

-- Bed
-- Bath
-- Sq Ft
3,198 Sq Ft Lot

Last Sold November 11, 2022

Last sale price $285,000

Est. 4% increase in value since last sale

Current estimated payment $2,066/month

4 Days on Market

About This Home

As of November 2022

Charming duplex on the West Side of Grand Rapid. Lower unit (main level) has three bedrooms, one full bath, with a washer and dryer in the basement.
The upper unit, has three bedrooms, one full bath, and a in unit washer and dryer.

New Furnace 02-22 installed by Hulst Heating and cooling (lower unit)

New vinyl windows installed between 2015-2018, new Roof - 2014,

Upper Unit is currently rented but will be vacant upon close; the lower unit is rented until July of 2023.

The Lower unit is currently rented for 1,500 per month, and the upper unit 1,350.

Units have separate electric and gas, shared water.

Last Agent to Sell the Property

Peter Faber

Five Star Real Estate (Ada) License #6501297629 Listed on: 10/14/2022

Five Star Real Estate (Ada)

Last Buyer's Agent

Lisa Stewart

Greenridge Realty (EGR) License #6501422435

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 1880

Lot Details

  • 3,198

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

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

Additional Features

  • Michigan Basement
  • 3,198 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,843

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: Aluminum Siding
  • List Price: 278500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3198.0
  • Zoning Description: Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1843.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 15, 2022
Sold by
Richardson Nathan
Bought by
Lamba Prarit
Seller's Agent
Peter Faber
Five Star Real Estate (Ada)
Buyer's Agent
Lisa Stewart
Greenridge Realty (EGR)
List Price
$278,500
Sold Price
$285,000
Premium/Discount to List
$6,500
2.33%
Views
11
Current Estimated Value
$297,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,541
Avg. Annual Appreciation
1.50%
Original Mortgage
$213,750
Outstanding Balance
$207,085
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$90,456

Purchase Details

Closed on
Apr 24, 2013
Sold by
Fannie Mae
Bought by
Richardson Nathan

Purchase Details

Closed on
Aug 9, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 1, 2012
Sold by
Curtis Jon D and Curtis Tracy
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Aug 23, 2010
Sold by
Curtis Tracy A
Bought by
Curtis Jon D

Purchase Details

Closed on
Apr 22, 1998
Sold by
Lhmn Lhmn H H and Lhmn L
Bought by
Curtis Curtis J and Curtis T

Purchase Details

Closed on
Aug 6, 1987
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
Lamba Prarit $285,000 Star Title
Richardson Nathan $44,000 None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $97,436 None Available
Curtis Jon D -- None Available
Curtis Curtis J $48,000 --
-- $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamba Prarit $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2022 11/11/22 Sold $285,000 +2.3% --
10/18/2022 10/18/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $278,500 -- --
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 $5,788 $133,900 $0 $0
2024 $5,788 $122,400 $0 $0
2023 $5,605 $110,500 $0 $0
2022 $1,892 $93,800 $0 $0
2021 $1,843 $83,700 $0 $0
2020 $1,781 $73,800 $0 $0
2019 $1,824 $58,300 $0 $0
2018 $1,465 $46,900 $0 $0
2017 $1,428 $39,500 $0 $0
2016 $1,439 $35,600 $0 $0
2015 $1,358 $35,600 $0 $0
2013 -- $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22044153

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-229-020