NOT LISTED FOR SALE

1113 Prospect Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $206,000 - $245,000

-- Bed
-- Bath
-- Sq Ft
6,359 Sq Ft Lot

Last Sold August 03, 2017

Last sale price $65,000

Est. 245% increase in value since last sale

Current estimated payment $1,381/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding

About This Home

As of August 2017

Great investment opportunity in Grand Rapids. Occupied duplex, 3 bedroom down, 2 bedroom up, well maintained, good rental history with property management firm. New windows in lower level, new flooring in lower level kitchen. Close to downtown and expressways. Photos courtesy of Urban Pharm from last time home was vacant, may not represent current condition as units are occupied. The utilities are split. Water and lawn are paid for by the landlord. Unit 1113 landlord pays for all utilities. Leased thru a special program. Unit 1115 tenant pays for gas and electric. Landlord pays for lawn and water/sewer for both.

Last Agent to Sell the Property

Debbie Schuhman

Keller Williams GR East License #6501345833 Listed on: 06/22/2017

Keller Williams GR East

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1900

Lot Details

  • 6,359 Sq Ft Lot
  • Lot Dimensions are 47 x 135
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Connected

Community Details

  • 2 Units
  • Gross Income $15,180

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,439

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 47 x 135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1438.58
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 69900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6359.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 15180.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1438.58
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Vandyke Scott P
Bought by
Vandyke Scott and Caporicci Paul
Current Estimated Value
$224,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$109,435
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$106,423

Purchase Details

Closed on
Aug 3, 2014
Sold by
Batchelder Christopher and Batchelder Betti Adi
Bought by
Vandyke Scott P and Caporicci Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2008
Sold by
The Coppess Group Llc
Bought by
Batchelder Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2008
Sold by
Comerica Bank
Bought by
The Coppess Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2006
Sold by
Velasco Felix Garcia
Bought by
Comerica Bank

Purchase Details

Closed on
Nov 12, 1995
Sold by
Smith Smith L L and Smith C
Bought by
Batchelder Smith C and Batchelder Christopher P

Purchase Details

Closed on
Nov 11, 1995
Sold by
Smith Shrn and Smith Sct
Bought by
Batchelder Christopher P

Purchase Details

Closed on
Sep 26, 1995
Bought by
Batchelder Smith C and Batchelder Christopher P

Purchase Details

Closed on
May 23, 1995
Bought by
Batchelder Equivest and Batchelder Christopher P

Purchase Details

Closed on
Dec 21, 1990
Sold by
Cunningham Cunningham E E and Cunningham Smith C
Bought by
Batchelder Christopher P

Purchase Details

Closed on
Aug 19, 1982
Sold by
Veenstra Veenstra J J and Veenstra Cnnnghm A
Bought by
Batchelder Christopher P
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
Vandyke Scott -- Servicelink Llc
Vandyke Scott P $65,000 Sun Title Of Ag Of Mchigan L
Batchelder Christopher P $80,000 None Available
The Coppess Group $17,500 None Available
Comerica Bank $68,204 None Available
Batchelder Smith C -- --
Batchelder Christopher P -- --
Batchelder Smith C -- --
Batchelder Equivest -- --
Batchelder Christopher P $19,200 --
Batchelder Christopher P $3,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandyke Scott $123,000
Previous Owner Vandyke Scott P $65,000
Previous Owner Batchelder Christopher P $63,400
Previous Owner Batchelder Christopher P $64,000
Previous Owner The Coppess Group Llc $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Sold $65,000 -27.7% --
07/07/2017 07/07/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $89,900 -- --
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 $2,032 $97,300 $0 $0
2024 $2,032 $84,600 $0 $0
2023 $1,942 $75,400 $0 $0
2022 $1,915 $62,800 $0 $0
2021 $1,866 $56,900 $0 $0
2020 $1,804 $48,700 $0 $0
2019 $1,847 $40,900 $0 $0
2018 $2,185 $33,800 $0 $0
2017 $1,432 $28,400 $0 $0
2016 $1,439 $28,900 $0 $0
2015 $1,456 $28,900 $0 $0
2013 -- $27,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Schuhman

    Seller's Agent in 2017

    Debbie Schuhman

    Keller Williams GR East

    (616) 204-5450

    68 Total Sales

    Debbie Schuhman
    Section Image

  • A

    Buyer's Agent in 2017

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    5 in this area

    131 Total Sales

    Allison Koetsier
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17022277

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-382-023

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1113 Prospect Ave SE, Grand Rapids, MI

This home is located at 1113 Prospect Ave SE, Grand Rapids, MI 49507 since 22 June 2017 and is currently estimated at $224,219. This property was built in 1900. 1113 Prospect Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, Alger Middle School, and Ottawa Hills 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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