NOT LISTED FOR SALE

117 Dunkirk St SE Grand Rapids, MI 49548

Estimated Value: $266,000 - $331,000

4 Beds
2 Baths
-- Sq Ft
9,600 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $229,900

Est. 27% increase in value since last sale

Current estimated payment $1,945/month

3 Days on Market

About This Home

As of February 2022

Desirable side by side duplex with identical 2 bedroom, 1 bath units. Rents are $700 and $650 and should be raised to market rate. Tenants are month to month. Each side has a storage shed. Low Gaines township taxes, newer roof, and main floor laundry in each unit. Owner pays water/sewer and tenants pay gas and electric.
Seller has directed listing agent to hold all offers until Thursday, February 3, 2022, at 2 PM.

Last Agent to Sell the Property

Eric Knoll

Five Star Real Estate (Grandv) Listed on: 01/31/2022

Five Star Real Estate (Grandv)

Last Buyer's Agent

Eric Knoll

Five Star Real Estate (Grandv) Listed on: 01/31/2022

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1988

Lot Details

  • 9,600 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 2 Units
  • Insurance Expense $480

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

$2,031

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 229900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9600.0
  • Zoning Description: Res Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 480.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2031.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 28, 2022
Sold by
Rcjt Properties Llc
Bought by
Oki Folarin O and Oki Folabomi O
Seller's Agent
Eric Knoll
Five Star Real Estate (Grandv)
Buyer's Agent
Eric Knoll
Five Star Real Estate (Grandv)
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$292,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,212
Avg. Annual Appreciation
5.24%
Original Mortgage
$172,425
Outstanding Balance
$161,568
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$114,495

Purchase Details

Listed on
Oct 24, 2012
Closed on
Jan 16, 2013
Sold by
Tibbe Jason and Tibbe Courtney
Bought by
Rcjt Properties Llc
Seller's Agent
Michael O`Hara
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Eric Knoll
Five Star Real Estate (Grandv)
List Price
$44,900
Sold Price
$54,000
Premium/Discount to List
$9,100
20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.95%

Purchase Details

Listed on
Oct 24, 2012
Closed on
Nov 30, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tibbe Jason and Tibbe Richard
Seller's Agent
Michael O`Hara
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Eric Knoll
Five Star Real Estate (Grandv)
List Price
$44,900
Sold Price
$54,000
Premium/Discount to List
$9,100
20.27%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Hofmann James
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Aug 28, 1998
Sold by
Hofmann James
Bought by
Rcjt Properties Llc

Purchase Details

Closed on
May 31, 1994
Bought by
Skinner Robert and Rcjt Properties 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
Oki Folarin O $229,900 Star Title
Rcjt Properties Llc -- None Available
Tibbe Jason $54,000 Etitle Agency Inc
The Federal Home Loan Mortgage Corporati $62,320 None Available
Rcjt Properties Llc $86,000 --
Skinner Robert $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oki Folarin O $172,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $229,900 0.0% --
02/03/2022 02/03/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $229,900 +325.7% --
11/29/2012 11/29/12 Sold $54,000 +20.3% --
11/09/2012 11/09/12 Pending -- -- --
10/24/2012 10/24/12 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 $4,761 $126,300 $0 $0
2024 $4,761 $114,800 $0 $0
2023 -- $102,200 $0 $0
2022 $0 $79,100 $0 $0
2021 $0 $76,800 $0 $0
2020 $0 $72,200 $0 $0
2019 $0 $68,200 $0 $0
2018 $0 $57,300 $12,500 $44,800
2017 $0 $47,800 $0 $0
2016 $0 $41,200 $0 $0
2015 -- $41,200 $0 $0
2013 -- $39,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22002921

Southwestern Michigan Association of REALTORS®

APN: 41-22-07-303-050