NOT LISTED FOR SALE

Estimated Value: $335,000 - $346,000

-- Bed
-- Bath
-- Sq Ft
3,877 Sq Ft Lot

Last Sold February 28, 2025

Last sale price $330,000

Est. 3% increase in value since last sale

Current estimated payment $2,176/month

107 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2025

BACK ON THE MARKET: BUYER FINANCING FELL THROUGH. Fantastic investment opportunity across from Fulton Street Farmers Market and Madcap Coffee! This multi-unit property offers an upper and lower unit, each with two bedrooms, a full bathroom, living and dining areas, and a spacious kitchen. The lower unit is appointed with stainless steel appliances, granite countertops, refinished hardwood floors, and a cozy screened porch ideal for morning coffee. The upper unit has been updated with a refreshed bathroom, fresh paint, and a private balcony with fantastic views. Both units share basement laundry facilities, and the property includes a one-stall garage plus additional off-street parking. Conveniently located just minutes from Eastown, Wealthy Street shopping, local colleges and universities, and Medical Mile, prime locationan outstanding addition to any investment portfolio!

Last Agent to Sell the Property

Kyle Visser

ReSIDE Grand Rapids License #6502432810 Listed on: 01/17/2025

Last Buyer's Agent

Kyle Visser

ReSIDE Grand Rapids License #6502432810 Listed on: 01/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 1912

Lot Details

  • 3,877 Sq Ft Lot
  • Lot Dimensions are 33 x 118

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,660

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 121.43
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33 x 118
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4659.53
  • 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
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 349000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Water Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 33 x 118
  • Lot Size Sq Ft: 3877.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4659.53
  • Tax Year: 1024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 28, 2025
Sold by
Bailey Robert
Bought by
Kv Real Estate Holdings Llc
Seller's Agent
Kyle Visser
ReSIDE Grand Rapids
Buyer's Agent
Kyle Visser
ReSIDE Grand Rapids
List Price
$379,000
Sold Price
$330,000
Premium/Discount to List
-$49,000
-12.93%
Views
92
Current Estimated Value
$341,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,546
Avg. Annual Appreciation
4.13%

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 18, 2017
Sold by
Wassenaar Rebekah
Bought by
Bailey Robert
Seller's Agent
Steven Volkers
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Michael Napper
Liv Michigan Realty LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$148,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 16, 2017
Sold by
Wassenaar Rebekah
Bought by
Bailey Robert
Seller's Agent
Steven Volkers
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Michael Napper
Liv Michigan Realty LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 12, 2016
Sold by
Bear Manor Properties Llc
Bought by
Wassenaar Rebekah
Seller's Agent
Steven VanWyck
Keller Williams GR North (Main)
Buyer's Agent
Steve Volkers
Five Star Real Estate (M6)
List Price
$164,800
Sold Price
$164,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$123,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Barksdale Garry and Barksdale Amy M
Bought by
Bear Manor Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,554
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2004
Sold by
Barksdale Garry
Bought by
Barksdale Garry and Barksdale Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2003
Sold by
Verstay Richard A and Redder Marshall
Bought by
Barksdale Garry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,759
Interest Rate
7.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kv Real Estate Holdings Llc $330,000 None Listed On Document
Bailey Robert -- None Available
Bailey Robert -- None Available
Wassenaar Rebekah $164,800 None Available
Bear Manor Properties Llc $78,000 None Available
Barksdale Garry -- --
Barksdale Garry $71,326 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Robert $148,000
Previous Owner Bailey Robert $148,000
Previous Owner Wassenaar Rebekah $123,600
Previous Owner Bear Manor Properties Llc $904,554
Previous Owner Barksdale Garry $72,500
Previous Owner Barksdale Garry $67,759
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $330,000 -5.4% --
02/14/2025 02/14/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $349,000 -7.9% --
01/17/2025 01/17/25 For Sale $379,000 0.0% --
12/16/2024 12/16/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $379,000 -4.1% --
10/30/2024 10/30/24 For Sale $395,000 +113.5% --
10/16/2017 10/16/17 Sold $185,000 0.0% -- View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $185,000 +12.3% --
08/12/2016 08/12/16 Sold $164,800 0.0% -- View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $164,800 -- --
Source: MichRIC

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 $4,689 $153,600 $0 $0
2024 $4,689 $138,800 $0 $0
2023 $4,482 $115,600 $0 $0
2022 $4,421 $104,900 $0 $0
2021 $4,307 $98,800 $0 $0
2020 $4,163 $94,700 $0 $0
2019 $3,536 $84,900 $0 $0
2018 $4,132 $78,000 $0 $0
2017 $3,646 $58,700 $0 $0
2016 $2,697 $60,100 $0 $0
2015 $2,570 $60,100 $0 $0
2013 -- $48,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24057071

MichRIC

APN: 41-14-29-327-004