$136,000
SOLD SEP 16, 2016
-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

24% Below List Price

46 Days on Market

About This Home

As of May 2023

This property has been used as an office space on the main floor with a 2 bedroom apartment on the 2nd story with substantial improvements in 2005. City of Grand Rapids compliance until October of 2016. Parking for 4 vehicles in the rear fenced yard. The office offers approximately 1000sf with a full walkout basement. The 2nd story 2 bedroom apartment has approximately 750sf and has been consistently rented. Zoned TBA-Traditional Business Area.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 05/19/2016

Last Buyer's Agent

Donna Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501233200

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 44x87x12x40x32x127

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tenant pays for gas

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $200
  • Utility Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1870
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44x87x12x40x32x127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2500.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • List Price: 139900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Maintenance Expense: 200.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 16, 2023
Sold by
Pena Ryan
Bought by
Metz Luke and Thue Nicholas
Seller's Agent
Mike Smallegan
Keller Williams GR North (Downtown)
Buyer's Agent
Jeff Haveman
Home Connect Real Estate LLC
List Price
$329,900
Sold Price
$333,000
Premium/Discount to List
$3,100
0.94%
Views
26
Current Estimated Value
$358,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,892
Avg. Annual Appreciation
2.53%
Original Mortgage
$322,059
Outstanding Balance
$313,621
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$39,662

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 27, 2021
Sold by
Laura Andrea
Bought by
Pena Ryan
Seller's Agent
Kendra Havemeier
Bellabay Realty (North)
Buyer's Agent
Katelyn Mumby
HomeRealty, LLC
List Price
$220,000
Sold Price
$240,000
Premium/Discount to List
$20,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.53%
Original Mortgage
$204,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2020
Sold by
Kevin Andrea
Bought by
Andrea Laura

Purchase Details

Listed on
May 19, 2016
Closed on
Sep 19, 2016
Sold by
Moore Janet A and Moore Jeffrey A
Bought by
Andrea Kevin and Andrea Laura
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Donna Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$179,900
Sold Price
$136,000
Premium/Discount to List
-$43,900
-24.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$102,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Kramer Shannon
Bought by
Moore Jefrey A and Moore Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Kaback Leslie
Bought by
Kramer Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2003
Sold by
Kaback Leslie L
Bought by
Kramer Shannon

Purchase Details

Closed on
Apr 13, 2001
Sold by
The Lucille A Orange Trust
Bought by
Kaback Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,850
Interest Rate
7.05%

Purchase Details

Closed on
Jan 19, 1996
Bought by
Orange Tst and Moore Janet A Jeffrey A
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $333,000 Sun Title Agency Of Michigan
Warranty Deed $240,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $136,000 Title Resource Agency
Warranty Deed $90,000 --
Warranty Deed $68,000 --
Land Contract -- --
Warranty Deed $63,830 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,059 FHA
Previous Owner $204,000 New Conventional
Previous Owner $102,000 New Conventional
Previous Owner $72,000 Purchase Money Mortgage
Previous Owner $80,000 Purchase Money Mortgage
Previous Owner $47,850 No Value Available
Closed $6,383 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $333,000 +0.9% $208 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $329,900 +37.5% $206 / Sq Ft
10/27/2021 10/27/21 Sold $240,000 +9.1% --
09/17/2021 09/17/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $220,000 +61.8% --
09/16/2016 09/16/16 Sold $136,000 -24.4% --
07/04/2016 07/04/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $179,900 -- --
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
2025 $6,321 $141,400 $0 $0
2024 $6,321 $126,700 $0 $0
2023 $4,159 $105,000 $0 $0
2022 $3,762 $94,900 $0 $0
2021 $3,366 $89,100 $0 $0
2020 $3,253 $85,400 $0 $0
2019 $3,331 $77,000 $0 $0
2018 $3,229 $69,800 $0 $0
2017 $3,150 $53,600 $0 $0
2016 $2,271 $49,300 $0 $0
2015 $2,164 $49,300 $0 $0
2013 -- $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15043818

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-185-019