NOT LISTED FOR SALE

1133 Lincoln Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $234,121 - $258,000

-- Bed
-- Bath
-- Sq Ft
4,235 Sq Ft Lot

Last Sold April 30, 2014

Last sale price $49,300

Est. 394% increase in value since last sale

Current estimated payment $1,511/month

5 Days on Market

About This Home

As of April 2014

This is a great find. A must see. Seller has retired and has other interests. Long time owner has maintained well and has current cert of compliance. Long time great tenants up 15 yrs dn 3 yrs. Both mo to mo. Great cash flow. Separate utilities and off street parking from alley. Main floor unit has walk in closet in 1 bedroom. Upper unit has remodeled kitchen and door to deck. Carport and shed reserved (tenants). Would make a great owner occupant and live almost free. Room desc: Lower unit: LR, 2 BR, BA, KIT W/ DA Upper Unit: LR, FDR, KIT, BR,BA

Last Agent to Sell the Property

Tony Lewis

RE/MAX of Grand Rapids (FH) License #6501242774 Listed on: 04/11/2014

Last Buyer's Agent

William Shrewsberry

Vylla Homes License #6501376734

Vylla Homes

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1890

Lot Details

  • 4,235 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • Insurance Expense $425

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,170

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 51900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4235.0
  • Zoning Description: LDR

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Insurance Expense: 425.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Apr 30, 2014
Sold by
Chirco John R and Chirco Judith A
Bought by
1133 Lincoln Trust
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
William Shrewsberry
Vylla Homes
List Price
$51,900
Sold Price
$49,300
Premium/Discount to List
-$2,600
-5.01%
Total Days on Market
5
Current Estimated Value
$243,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,230
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Feb 18, 2004
Sold by
Miller B Pete and Whitehead Pamela A
Bought by
Chirco John and Chirco Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2004
Sold by
Whitehead Lucretia A
Bought by
Miller B Pete and Whitehead Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 1997
Sold by
Whtd Whtd R R and Whtd L
Bought by
Chirco John Judith

Purchase Details

Closed on
Dec 1, 1997
Sold by
Whthd Ts
Bought by
Mllr and Mllr Whthd
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
1133 Lincoln Trust $49,300 None Available
Chirco John $75,000 --
Miller B Pete $120,000 --
Chirco John Judith -- --
Mllr $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chirco John $67,500
Previous Owner Thomson John A $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $49,300 -5.0% --
04/16/2014 04/16/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $51,900 -- --
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
2024 $1,726 $95,800 $0 $0
2023 $1,713 $80,500 $0 $0
2022 $1,628 $68,400 $0 $0
2021 $1,586 $61,200 $0 $0
2020 $1,533 $54,100 $0 $0
2019 $1,521 $42,900 $0 $0
2018 $1,521 $36,200 $0 $0
2017 $1,484 $30,600 $0 $0
2016 $1,492 $27,800 $0 $0
2015 $1,421 $27,800 $0 $0
2013 -- $23,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Lewis

    Seller's Agent in 2014

    Tony Lewis

    RE/MAX Michigan

    6 in this area

    264 Total Sales

    Tony Lewis
    Section Image

  • W

    Buyer's Agent in 2014

    William Shrewsberry

    Vylla Homes

    (616) 581-1855

    45 Total Sales

    William Shrewsberry
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14016958

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-201-031

Michigan Kent County Grand Rapids 49504 West Grand

1133 Lincoln Ave NW, Grand Rapids, MI

This home is located at 1133 Lincoln Ave NW, Grand Rapids, MI 49504 since 11 April 2014 and is currently estimated at $243,530. This property was built in 1890. 1133 Lincoln 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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