D
Seller's Agent in 2024
Dwala Burk
DK Caldwell Real Estate Professionals LLC
(248) 579-8900
1 in this area
37 Total Sales
1115 Watson St SW Grand Rapids, MI 49504
John Ball Park Neighborhood
4
Beds
2
Baths
1,440
Sq Ft
4,792
Sq Ft Lot
Highlights
- Contemporary Architecture
- Forced Air Heating System
- 2 Car Garage
About This Home
As of August 2024Here is a great opportunity to own an income producing multi-family property in a great area of Grand Rapids. Both 2 bedroom units are leased and tenant occupied. One tenant is month to month and the other is on a one year lease. Location is perfect and easy to rent. Home is located right near the GVSU bus line. Enjoy all that the area has to offer including it's close proximity to Downtown, the John Ball Zoo and West Side bars! Also walking distance to Kent Trails. With a little TLC and updating, rents can easily be increased for added value. Appliances are included in the sale. Basement has a separate entrance and can be finished out. Great opportunity for investors or home buyers as you can also lease one unit and live in the other! Tenant rights apply.
Last Agent to Sell the Property
DK Caldwell Real Estate Professionals LLC License #6501413090 Listed on: 06/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40.00 x 124.00
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Brick Foundation
Interior Spaces
- 2 Full Bathrooms
- 1,440 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 411326403027
- $4,275 Seller Concession
Community Details
Overview
- 2 Units
Pet Policy
- Breed Restrictions
- The building has rules on how big a pet can be within a unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Aug 27, 2024
Sold by
Dow Michael D and Dow Anna E
Bought by
Heard Marcus
Seller's Agent
Dwala Burk
DK Caldwell Real Estate Professionals LLC
Buyer's Agent
Britton Curtiss
Bellabay Realty (SW)
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
141
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,837
Avg. Annual Appreciation
1.23%
Original Mortgage
$279,837
Outstanding Balance
$277,632
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$10,205
Purchase Details
Closed on
Mar 1, 2021
Sold by
Dow Anna E
Bought by
Dow Michael D and Dow Anna E
Purchase Details
Listed on
Oct 24, 2019
Closed on
Nov 26, 2019
Sold by
Quick Kevin J
Bought by
Dow Anna E
Seller's Agent
David Bailey
Dream House West Michigan LLC
Buyer's Agent
Christopher Taylor
Five Star Real Estate (Ada)
List Price
$179,999
Sold Price
$191,500
Premium/Discount to List
$11,501
6.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$182,400
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 1997
Sold by
Nagel Nagel D D and Nagel C
Bought by
Yowtz Bruce and Yowtz Diane
Purchase Details
Closed on
Jun 28, 1992
Sold by
Nagel Nagel D D and Nagel Yowtz B
Bought by
Quick Kevin J
Purchase Details
Closed on
Jan 15, 1991
Sold by
Ranta Ranta M M and Ranta Nagel D
Bought by
Quick Kevin J
Purchase Details
Closed on
Feb 19, 1986
Bought by
Quick Kevin J
Purchase Details
Closed on
Oct 29, 1984
Bought by
Quick Kevin J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | First American Title | |
| Warranty Deed | $285,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $192,000 | First American Title Ins Co | |
| Warranty Deed | $40,000 | -- | |
| Deed | $40,000 | -- | |
| Warranty Deed | $32,000 | -- | |
| Deed | $32,000 | -- | |
| Deed | $17,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $279,837 | FHA | |
| Previous Owner | $58,000 | Credit Line Revolving | |
| Previous Owner | $182,400 | New Conventional | |
| Previous Owner | $63,000 | Credit Line Revolving | |
| Previous Owner | $38,759 | Commercial | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2024 08/27/24 | Sold | $285,000 | -4.7% | $198 / Sq Ft |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | Price Changed | $299,000 | -3.5% | $208 / Sq Ft |
| 06/26/2024 06/26/24 | Price Changed | $310,000 | -4.6% | $215 / Sq Ft |
| 06/17/2024 06/17/24 | For Sale | $325,000 | +69.7% | $226 / Sq Ft |
| 11/26/2019 11/26/19 | Sold | $191,500 | +6.4% | -- |
| 10/26/2019 10/26/19 | Pending | -- | -- | -- |
| 10/24/2019 10/24/19 | For Sale | $179,999 | -- | -- |
Source: Realcomp
Tax History Compared to Growth
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 | $3,618 | $118,500 | $0 | $0 |
| 2024 | $3,618 | $108,400 | $0 | $0 |
| 2023 | $3,933 | $96,100 | $0 | $0 |
| 2022 | $3,411 | $80,400 | $0 | $0 |
| 2021 | $2,745 | $71,000 | $0 | $0 |
| 2020 | $2,641 | $62,800 | $0 | $0 |
| 2019 | $1,359 | $50,700 | $0 | $0 |
| 2018 | $1,315 | $42,900 | $0 | $0 |
| 2017 | $1,282 | $36,200 | $0 | $0 |
| 2016 | $1,292 | $32,000 | $0 | $0 |
| 2015 | $1,219 | $32,000 | $0 | $0 |
| 2013 | -- | $28,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dwala Burk
-
Britton Curtiss
B
Buyer's Agent in 2024
Britton Curtiss
Bellabay Realty (SW)
(269) 804-5710
1 in this area
62 Total Sales
-
David Bailey
Seller's Agent in 2019
David Bailey
Dream House West Michigan LLC
(616) 262-9629
104 Total Sales
-
Christopher Taylor
C
Buyer's Agent in 2019
Christopher Taylor
Five Star Real Estate (Ada)
(269) 945-3550
21 Total Sales
Map
Source: Realcomp
MLS Number: 20240042795
APN: 41-13-26-403-027
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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