NOT LISTED FOR SALE

1115 Watson St SW Grand Rapids, MI 49504

John Ball Park Neighborhood

Estimated Value: $259,560 - $304,000

4 Beds
2 Baths
1,440 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $285,000 $198 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,835/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • 2 Car Garage

About This Home

As of August 2024

Here 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

Dwala Burk

DK Caldwell Real Estate Professionals LLC License #6501413090 Listed on: 06/17/2024

Last Buyer's Agent

Britton Curtiss

Bellabay Realty (SW) License #6501414327

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 80400.0000
  • Pets Allowed: Breed Restrictions, Call, Size Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1440
  • Total Sq Ft: 1440
  • Sq Ft Total Bsmt: 720

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Grand Rapids

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 124.00
  • Parcel Number: 411326403027
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 1458.0000
  • Tax Amount Winter: 208.0000
  • Total Tax: 1666.0000

Multi Family

  • Gross Scheduled Income: 29000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grand Rapids

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
$289,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,140
Avg. Annual Appreciation
1.33%
Original Mortgage
$279,837
Outstanding Balance
$276,471
Interest Rate
6.11%
Mortgage Type
FHA
Estimated Equity
$12,669

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
7.31%
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
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
Heard Marcus $285,000 First American Title
Heard Marcus $285,000 First American Title
Dow Michael D -- None Available
Dow Anna E $192,000 First American Title Ins Co
Yowtz Bruce $40,000 --
Quick Kevin J $40,000 --
Quick Kevin J $32,000 --
Quick Kevin J $32,000 --
Quick Kevin J $17,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heard Marcus $279,837
Previous Owner Dow Anna E $182,400
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

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 $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

  • D

    Seller's Agent in 2024

    Dwala Burk

    DK Caldwell Real Estate Professionals LLC

    (248) 579-8900

    1 in this area

    41 Total Sales

    Dwala Burk
    Section Image

  • B

    Buyer's Agent in 2024

    Britton Curtiss

    Bellabay Realty (SW)

    (269) 804-5710

    1 in this area

    61 Total Sales

    Britton Curtiss
    Section Image
  • David Bailey

    Seller's Agent in 2019

    David Bailey

    Dream House West Michigan LLC

    (616) 262-9629

    92 Total Sales

    David Bailey
    Section Image

  • C

    Buyer's Agent in 2019

    Christopher Taylor

    Five Star Real Estate (Ada)

    (269) 945-3550

    20 Total Sales

    Christopher Taylor
    Section Image
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Map

Source: Realcomp

MLS Number: 20240042795

Realcomp

APN: 41-13-26-403-027

Michigan Kent County Grand Rapids 49504 John Ball Park

1115 Watson St SW, Grand Rapids, MI

This home is located at 1115 Watson St SW, Grand Rapids, MI 49504 since 17 June 2024 and is currently estimated at $289,140, approximately $200 per square foot. This property was built in 1920. 1115 Watson St SW is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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