NOT LISTED FOR SALE

Estimated Value: $273,000 - $308,000

-- Bed
-- Bath
-- Sq Ft
3,750 Sq Ft Lot

Last Sold August 07, 2018

Last sale price $156,000

Est. 86% increase in value since last sale

Current estimated payment $1,806/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Great opportunity to own a good sized duplex with excellent cash flow opportunities! The lower level is 4 bedrooms and includes hardwood floors, a fireplace a very spacious unit! The upper unit offers 3 bedrooms and walk up attic space great for storage. Great investment opportunity in one of the top markets in the country!

Last Agent to Sell the Property

Jacob Peterson

RE/MAX of Grand Rapids (Stndl) Listed on: 06/06/2018

Co-Listed By

Gerald Feenstra

RE/MAX of Grand Rapids (Stndl)

Last Buyer's Agent

Tom Zandee

Five Star Real Estate (M6) License #6501257930

Five Star Real Estate (M6)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1899

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 50x75
  • Corner Lot: Yes

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,037

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1899
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x75
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2037.0
  • Tax Info:Zoning3: na
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: 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
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 50x75
  • Lot Size Sq Ft: 3750.0
  • Zoning Description: na
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2037.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 7, 2018
Sold by
Richards Rentals Llc
Bought by
Dikumana Vianney
Seller's Agent
Jacob Peterson
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Tom Zandee
Five Star Real Estate (M6)
List Price
$149,900
Sold Price
$156,000
Premium/Discount to List
$6,100
4.07%
Current Estimated Value
$289,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,593
Avg. Annual Appreciation
9.17%
Original Mortgage
$153,174
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2018
Sold by
Comfortable Living Rental Homes Llc
Bought by
Richards Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 29, 2014
Closed on
Feb 14, 2014
Sold by
Vansuilichem Tim and Vansuilichem April
Bought by
Comfortable Living Rental Homes Llc
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Sue Howell
Sue Howell Realty
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Mar 25, 2009
Sold by
Aggressive Acquisitions Llc
Bought by
Vansuilichem Tim and Vansuilichem April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.94%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 13, 2008
Sold by
Leer Paul and Leer Vanessa
Bought by
Us Bank Na and Structured Asset Investment Loan Trust 2

Purchase Details

Closed on
May 3, 2005
Sold by
Mitchell Jefferson P and Mitchell Jennifer
Bought by
Leer Paul and Leer Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
8.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1999
Sold by
Prins Prins S S and Prins Mitchell J
Bought by
Comfortable Mitchell J and Comfortable Living Rental Home

Purchase Details

Closed on
Mar 19, 1993
Sold by
Batshon Batshon I I and Batshon Prins S
Bought by
Comfortable Living Rental Homes Llc

Purchase Details

Closed on
Apr 27, 1989

Purchase Details

Closed on
Apr 18, 1986
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 Buyer Sale Price Title Company
Dikumana Vianney $156,000 Star Title Agency Llc
Richards Rentals Llc -- Sun Title Agency
Comfortable Living Rental Homes Llc $69,900 None Available
Vansuilichem Tim $17,000 None Available
Us Bank Na $49,000 None Available
Leer Paul $105,000 Chicago Title
Comfortable Mitchell J $78,900 --
Comfortable Living Rental Homes Llc $55,000 --
-- $40,000 --
-- $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndikumana Vianney $208,500
Closed Dikumana Vianney $153,174
Previous Owner Richards Rentals Llc $546,000
Previous Owner Comfortable Living Rental Homes Llc $550,000
Previous Owner Vansuilichem Tim $43,000
Previous Owner Vansuilichem Tim $40,000
Previous Owner Leer Paul $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $156,000 +4.1% --
06/09/2018 06/09/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $149,900 +114.4% --
02/14/2014 02/14/14 Sold $69,900 0.0% --
01/31/2014 01/31/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $69,900 -- --
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 $2,736 $126,400 $0 $0
2024 $2,736 $108,100 $0 $0
2023 $2,738 $94,600 $0 $0
2022 $2,481 $83,200 $0 $0
2021 $2,538 $75,300 $0 $0
2020 $2,443 $69,200 $0 $0
2019 $2,524 $57,000 $0 $0
2018 $2,020 $45,300 $0 $0
2017 $1,970 $37,900 $0 $0
2016 $1,980 $36,900 $0 $0
2015 $1,886 $36,900 $0 $0
2013 -- $40,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18025620

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-301-014