NOT LISTED FOR SALE

1127 Jennette Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $235,000 - $312,000

5 Beds
2 Baths
-- Sq Ft
4,880 Sq Ft Lot

Last Sold July 26, 2016

Last sale price $28,800

Est. 835% increase in value since last sale

Current estimated payment $1,653/month

3 Days on Market

About This Home

As of July 2016

Land Bank Home. Decent 2 unit with a 3 car garage and ample parking. Alley runs behind garage for additional access options. Seperate front and back entrances for both units. Both units are in fair shape and will need work. Michigan basement. One wall had some rocks fall away and will need some work. Roof was leaking above front stairway going to upper unit (Fixed) but some rot exists there. Rest of roof looks good. This is a great opportunity! Please check the Agent Remarks for important information. Please see attached addendums and include these with any offer.

Last Agent to Sell the Property

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 06/21/2016

Last Buyer's Agent

Randy Charboneau

Independence Realty (RSC) License #6506045903 Listed on: 06/21/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1889

Lot Details

  • 4,880 Sq Ft Lot
  • Lot Dimensions are 40x122

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,233

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1889
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: LDR
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 45000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4880.0
  • Zoning Description: LDR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Fowler Kurtis and Elazar Group Llc
Bought by
Rentzara Llc
Current Estimated Value
$269,376

Purchase Details

Closed on
Dec 28, 2017
Sold by
The Elzar Group Llc
Bought by
Fowler Durtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 26, 2016
Sold by
Kent County Land Bank Authority
Bought by
The Elazar Group Llc
Seller's Agent
Randy Charboneau
Independence Realty (RSC)
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$45,000
Sold Price
$28,800
Premium/Discount to List
-$16,200
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.09%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Oct 9, 2000
Sold by
Lehman Lehman J J and Lehman D
Bought by
Lehman David M

Purchase Details

Closed on
Dec 30, 1997
Sold by
Vnkmpn Vnkmpn T T and Vnkmpn S
Bought by
Lehman Lehman D and Lehman David M

Purchase Details

Closed on
Oct 1, 1985
Bought by
Lehman David M

Purchase Details

Closed on
Oct 25, 1980
Bought by
Lehman David M
Source: Public Records

Range of Values:

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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
Rentzara Llc -- Irongate Title Agency
Fowler Durtis -- None Available
The Elazar Group Llc $28,800 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Lehman David M -- --
Lehman Lehman D $54,000 --
Lehman David M $30,000 --
Lehman David M $14,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fowler Kurtis $130,200
Previous Owner Lehman David M $10,500
Previous Owner Lehman David M $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $28,800 -36.0% --
06/24/2016 06/24/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $45,000 -- --
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 $2,233 $116,500 $0 $0
2024 $2,233 $105,200 $0 $0
2023 $2,214 $94,200 $0 $0
2022 $2,165 $83,900 $0 $0
2021 $1,972 $74,900 $0 $0
2020 $1,982 $66,100 $0 $0
2019 $2,029 $52,900 $0 $0
2018 $1,967 $42,900 $0 $0
2017 $1,910 $0 $0 $0
2016 $85 $30,800 $0 $0
2015 $2,696 $30,800 $0 $0
2013 -- $28,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Charboneau

    Seller's Agent in 2016

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    1 in this area

    96 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16031212

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-228-022

Michigan Kent County Grand Rapids 49504 West Grand

1127 Jennette Ave NW, Grand Rapids, MI

This home is located at 1127 Jennette Ave NW, Grand Rapids, MI 49504 since 21 June 2016 and is currently estimated at $269,376. This property was built in 1889. 1127 Jennette Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech 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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