NOT LISTED FOR SALE

Estimated Value: $196,000 - $244,000

-- Bed
-- Bath
-- Sq Ft
7,000 Sq Ft Lot

Last Sold January 14, 2015

Last sale price $50,500

Est. 342% increase in value since last sale

Current estimated payment $1,341/month

25 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Lincoln Park

About This Home

As of January 2015

Great 2 unit with 2 bedrooms in each unit. This up/down duplex has a large yard and is close to the expressway and bus lines. Just minutes from downtown. The upstairs unit has hardwood floors and lots of bright windows. Both units are rented and cash flowing. Buy it today! Property is currently leased and subject to tenants' rights.

Last Agent to Sell the Property

Tiffany Ireland

Grand Rapids Realty Listed on: 09/25/2014

Last Buyer's Agent

Therese VanderMeer

Audu Real Estate Inc. -I

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1271.46
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 59900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: 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: Natural Gas Connected, Telephone Line, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1271.46
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jan 14, 2015
Sold by
Betty & Gayle Llc
Bought by
Ventori Ii Llc
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Therese VanderMeer
Audu Real Estate Inc. -I
List Price
$59,900
Sold Price
$50,500
Premium/Discount to List
-$9,400
-15.69%
Current Estimated Value
$223,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,877
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
May 29, 2007
Sold by
Hernandez Raul and Barajas Victoriano
Bought by
Betty & Gayle Llc

Purchase Details

Closed on
Jan 8, 2004
Sold by
Betty & Gayle Llc
Bought by
Hernandez Raul and Barajas Victoriano

Purchase Details

Closed on
Apr 18, 1988

Purchase Details

Closed on
Feb 28, 1985

Purchase Details

Closed on
Mar 29, 1982
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
Ventori Ii Llc $50,500 None Available
Betty & Gayle Llc -- None Available
Hernandez Raul -- --
Betty & Gayle Llc -- Metropolitan Title Company
-- $4,500 --
-- $16,000 --
-- $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2015 01/14/15 Sold $50,500 -15.7% --
10/20/2014 10/20/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $59,900 -- --
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 $1,889 $101,700 $0 $0
2024 $1,889 $91,900 $0 $0
2023 $1,805 $80,700 $0 $0
2022 $2,154 $66,900 $0 $0
2021 $1,735 $59,300 $0 $0
2020 $1,677 $52,800 $0 $0
2019 $1,717 $43,000 $0 $0
2018 $2,023 $36,000 $0 $0
2017 $1,624 $30,500 $0 $0
2016 $1,632 $28,200 $0 $0
2015 $1,335 $28,200 $0 $0
2013 -- $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14054604

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-380-001