NOT LISTED FOR SALE

Estimated Value: $190,000 - $208,000

4 Beds
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold March 16, 2022

Last sale price $145,000

Est. 38% increase in value since last sale

Current estimated payment $1,478/month

34 Days on Market

About This Home

As of March 2022

Showings on Saturdays from 11a-1pm only and need to be scheduled through showingtime. Great opportunity for an affordable 2 unit with long term tenants. Both units and 1 bedroom and 1 bathroom. Upper unit recently remodeled. Rents are currently lower than they should be but this property is priced to cash flow. Private driveway and off street parking included. Buyer/Buyers agent to verify all information.

Last Agent to Sell the Property

Lance Tiffany

Greenridge Realty (Cascade) License #6506048990 Listed on: 02/04/2022

Last Buyer's Agent

Jennifer Jordan

RE/MAX of Grand Rapids (FH) License #6501397586

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,497

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 156000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7841.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2497.1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 31, 2020
Sold by
Project 31 Llc
Bought by
Adhikari Mitre and Bhandari Deu
Seller's Agent
Kathy Dennison
Lighthouse Property Management
Buyer's Agent
Stephen Schelling
616 Realty LLC
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$199,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,465
Avg. Annual Appreciation
-1.89%
Original Mortgage
$78,750
Outstanding Balance
$69,885
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,650

Purchase Details

Listed on
Mar 6, 2013
Closed on
Mar 29, 2013
Sold by
Berry Donna
Bought by
Project 31 Llc
Seller's Agent
John Oleck
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Kathy Dennison
Lighthouse Property Management
List Price
$44,900
Sold Price
$100,000
Premium/Discount to List
$55,100
122.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Jun 19, 2012
Sold by
Hull Rose M and Thull Albert L
Bought by
Thull Rose M and Berry Donna
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
Adhikari Mitre $105,000 None Listed On Document
Adhikari Mirta $105,000 None Available
Project 31 Llc $100,000 Dba Ppr Title Agency
Thull Rose M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adhikari Mirta $78,750
Closed Adhikari Mitre $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2022 03/16/22 Sold $145,000 -7.1% --
03/10/2022 03/10/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $156,000 -29.1% --
08/31/2020 08/31/20 Sold $220,000 0.0% -- View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $220,000 +120.0% --
03/29/2013 03/29/13 Sold $100,000 +122.7% -- View Prior Sale
03/06/2013 03/06/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $44,900 -- --
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 $5,025 $82,400 $0 $0
2024 $5,025 $81,700 $0 $0
2023 $5,002 $71,300 $0 $0
2022 $4,085 $59,900 $0 $0
2021 $3,988 $57,200 $0 $0
2020 $2,378 $48,700 $0 $0
2019 $2,459 $39,400 $0 $0
2018 $2,373 $36,200 $0 $0
2017 $2,318 $34,900 $0 $0
2016 $2,263 $34,500 $0 $0
2015 $2,243 $34,500 $0 $0
2013 -- $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22003451

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-384-019