$191,500
SOLD NOV 26, 2019
-- Bed
-- Bath
-- Sq Ft
4,960 Sq Ft Lot

Recently Sold

6% Above List Price

2 Days on Market

About This Home

As of August 2024

Start fresh as a landlord with this vacant two-unit duplex. It's an awesome income property in the heart of one of the best renting areas in all of West Michigan, the west side of Grand Rapids. Extremely clean and well-kept. Upper unit is a 2 BR (potentially 3 BR)/1 Bath. It has nice wood floors and has been updated. Bottom floor apartment has 2 BR/1 Bath. Previous owner lived in bottom apartment and rented upper floor. Potential good cash flow on this one. What sets this apart - a 2-stall garage available for both units. There is a set of mechanicals for each unit. Call today for a private tour.

Last Agent to Sell the Property

David Bailey

Dream House West Michigan LLC License #6502431185 Listed on: 10/24/2019

Last Buyer's Agent

Christopher Taylor

Five Star Real Estate (Ada) License #6501420022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1920

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,960 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,358

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 179999.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4960.0
  • Zoning Description: Multi
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1357.53
  • Tax Year: 2019

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
$290,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,050
Avg. Annual Appreciation
1.09%
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
7.47%
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 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: 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 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19051960

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-403-027