NOT LISTED FOR SALE

115 Lexington Ave NW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $259,000 - $310,000

3 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $249,000

Est. 16% increase in value since last sale

Current estimated payment $1,852/month

5 Days on Market

About This Home

As of March 2022

Great renovated duplex close to GVSU. One 2 bed/1 bath and one 1 bed/1 bath with split utilities. Both units updated and in great condition. Shared laundry on main floor. Roof, furnaces, A/C - all less than 3 years old. $1,945/M in rent. GR certified until 12-16-24.All offers due by noon on Monday - Feb 14th. Tenants pay electric, gas, and trash except electric is included with lower unit. Offers to be reviewed Monday Feb 14 at noon.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 02/10/2022

Compass Realty Services

Last Buyer's Agent

Justin Blevins

Greenridge Realty (EGR)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1870

Lot Details

  • 5,227

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Heating System
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,227 Sq Ft Lot

Community Details

  • 2 Units

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

$2,921

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 220000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2921.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 21, 2022
Sold by
M & M First Properties Llc
Bought by
Kleinheksel Cameron T and Kleinheksel Jamie J
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Justin Blevins
Greenridge Realty (EGR)
List Price
$220,000
Sold Price
$249,000
Premium/Discount to List
$29,000
13.18%
Current Estimated Value
$288,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,029
Avg. Annual Appreciation
3.66%
Original Mortgage
$177,000
Outstanding Balance
$166,157
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$116,129

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 14, 2020
Sold by
Green Vashti
Bought by
M & M First Properties Llc
Seller's Agent
Matthew Luce
Real5
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$165,000
Sold Price
$185,500
Premium/Discount to List
$20,500
12.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.37%

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 19, 2018
Sold by
Cjc Rentals Llc
Bought by
Green Vashti
Seller's Agent
Nathan Coffman
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Matthew Luce
Real5
List Price
$199,900
Sold Price
$134,000
Premium/Discount to List
-$65,900
-32.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$127,300
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2012
Closed on
Apr 1, 2012
Sold by
Caudle Chris and Caudle Christoopher J
Bought by
Cjc Rentals Llc
Seller's Agent
Elizabeth Montes
Coldwell Banker AJS (28th St)
Buyer's Agent
Steve Visser
Five Star Real Estate (Main)
List Price
$57,000
Sold Price
$50,000
Premium/Discount to List
-$7,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Mar 15, 2012
Sold by
Gamelin Roger E
Bought by
Caudle Chris
Seller's Agent
Elizabeth Montes
Coldwell Banker AJS (28th St)
Buyer's Agent
Steve Visser
Five Star Real Estate (Main)
List Price
$57,000
Sold Price
$50,000
Premium/Discount to List
-$7,000
-12.28%

Purchase Details

Closed on
Mar 1, 1999
Sold by
Bulklowski Donna
Bought by
Gamelin Roger E and Gamelin Christine K

Purchase Details

Closed on
Feb 27, 1997
Sold by
Bleeker Bleeker L L and Bleeker Klim C
Bought by
Klim C and Cjc Rentals Llc

Purchase Details

Closed on
Dec 27, 1996
Sold by
Hall Hall G G and Hall Bleeker L
Bought by
Bleeker Laverne R and Cjc Rentals Llc

Purchase Details

Closed on
Aug 9, 1995
Sold by
Hommerson Hommerson D D and Hommerson Hall G
Bought by
Hall G and Cjc Rentals Llc

Purchase Details

Closed on
Mar 27, 1992
Sold by
Bleeker Bleeker L L and Hommerson Bleeker
Bought by
Cjc Rentals Llc
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
Kleinheksel Cameron T $249,000 Sun Title
M & M First Properties Llc $185,500 None Available
Green Vashti $134,000 Chicago Title Of Michigann I
Cjc Rentals Llc -- None Available
Caudle Chris $50,000 None Available
Gamelin Roger E -- Metropolitan Title Company
Cjc Rentals Llc -- --
Klim C $24,900 --
Bleeker Laverne R -- --
Hall G -- --
Cjc Rentals Llc $17,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinheksel Cameron T $177,000
Previous Owner Green Vashti $127,300
Previous Owner Gamelin Roger $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $249,000 +13.2% --
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $220,000 +18.6% --
09/14/2020 09/14/20 Sold $185,500 +12.4% --
08/24/2020 08/24/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $165,000 +23.1% --
01/19/2018 01/19/18 Sold $134,000 -33.0% --
12/16/2017 12/16/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $199,900 +299.8% --
03/15/2012 03/15/12 Sold $50,000 -12.3% --
02/20/2012 02/20/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $57,000 -- --
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 $3,808 $94,300 $0 $0
2024 $3,808 $81,500 $0 $0
2023 $3,750 $72,700 $0 $0
2022 $2,860 $60,100 $0 $0
2021 $2,921 $53,400 $0 $0
2020 $1,967 $48,600 $0 $0
2019 $1,257 $28,400 $0 $0
2018 $946 $27,300 $0 $0
2017 $1,020 $23,000 $0 $0
2016 $1,025 $21,000 $0 $0
2015 $976 $21,000 $0 $0
2013 -- $18,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    10 in this area

    128 Total Sales

    Allison Koetsier
    Section Image

  • J

    Buyer's Agent in 2022

    Justin Blevins

    Greenridge Realty (EGR)

  • Matthew Luce

    Seller's Agent in 2020

    Matthew Luce

    Real5

    (616) 638-0525

    1 in this area

    120 Total Sales

    Matthew Luce
    Section Image

  • N

    Seller's Agent in 2018

    Nathan Coffman

    RE/MAX Michigan

  • E

    Seller's Agent in 2012

    Elizabeth Montes

    Coldwell Banker AJS (28th St)

  • S

    Buyer's Agent in 2012

    Steve Visser

    Five Star Real Estate (Main)

    (616) 791-4900

    Steve Visser
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22004144

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-157-012

Michigan Kent County Grand Rapids 49504 SWAN

115 Lexington Ave NW, Grand Rapids, MI

This home is located at 115 Lexington Ave NW, Grand Rapids, MI 49504 since 10 February 2022 and is currently estimated at $288,029. This property was built in 1870. 115 Lexington Ave NW is a home located in Kent County with nearby schools including Sibley 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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