NOT LISTED FOR SALE

120 Union Ave NE Unit 1 & 2 Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $303,572 - $429,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 31, 2014

Last sale price $160,000

Est. 128% increase in value since last sale

Current estimated payment $2,252/month

30 Days on Market

Highlights

  • 1 Fireplace
  • Wood Siding
  • 4-minute walk to Midtown Green
  • Forced Air Heating and Cooling System

About This Home

As of July 2014

Well preserved and charming 2 apartment multi-family on the North end of Heritage Hill close to Martha Vineyards, medical mile, colleges/universities and cultural events in downtown Grand Rapids. This multi family has wonderful curb appeal with trees, foliage surrounding parts of the house with copper eves, large front porch with a bench and copper railings in the front and back. There is plenty of storage, central AC, separate utilities, original windows restored to working condition and tons of insulation in the attic. The wood floors and woodwork are well maintained. There is also a nice balcony toward the back of the upper unit. Certificate of compliance is good until 2016, apartment is subject to tenant rights Lower unit was owner occupied for several years. This home is a tribute to the history of Grand Rapids.

Last Agent to Sell the Property

Bill Stanley

Coldwell Banker Schmidt Realtors Listed on: 05/28/2014

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Mike Oostendorp

Keller Williams GR East License #6501201638

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30 x 100

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available

Community Details

  • 2 Units
  • Insurance Expense $1,300

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,214

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 30 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2214.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 165000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 30 x 100
  • Lot Size Sq Ft: 3049.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1300.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2214.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 31, 2014
Sold by
Lantinga Dean H and The Dean H Lantings Trust
Bought by
Ippel Kristen M
Seller's Agent
Bill Stanley
Coldwell Banker Schmidt Realtors
Buyer's Agent
Mike Oostendorp
Keller Williams GR East
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$365,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,020
Avg. Annual Appreciation
7.05%
Original Mortgage
$112,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 9, 2009
Sold by
Lantinga Dean H
Bought by
Lantinga Dean H

Purchase Details

Closed on
Mar 30, 1998
Sold by
Rsndhl Rsndhl K K and Rsndhl Lntnga H
Bought by
Lantinga Dean H Trust

Purchase Details

Closed on
May 24, 1995
Sold by
Rosendahl Rosendahl K K and Rosendahl Lantinga
Bought by
Lantinga and Lantinga Dean H Trust

Purchase Details

Closed on
Sep 11, 1990
Sold by
Regency Sav Bk and Riebe Regency
Bought by
Lantinga Dean H Trust

Purchase Details

Closed on
Aug 24, 1990
Sold by
Devries Devries N N and Devries Regency S
Bought by
Lantinga Dean H Trust

Purchase Details

Closed on
Aug 23, 1990
Sold by
Stratton Stratton H H and Rosendahl Stratton
Bought by
Lantinga Dean H Trust

Purchase Details

Closed on
Aug 22, 1990
Bought by
Lantinga Dean H Trust

Purchase Details

Closed on
Feb 5, 1987
Bought by
Lantinga Dean H Trust

Purchase Details

Closed on
Oct 18, 1982
Bought by
Lantinga Dean H Trust
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
Ippel Kristen M $160,000 Grand Rapids Title Co Llc
Lantinga Dean H -- None Available
Lantinga Dean H Trust $58,000 --
Lantinga $63,900 --
Lantinga Dean H Trust -- --
Lantinga Dean H Trust -- --
Lantinga Dean H Trust $28,000 --
Lantinga Dean H Trust $19,500 --
Lantinga Dean H Trust $25,000 --
Lantinga Dean H Trust $20,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ippel Kristen M $97,500
Closed Ippel Kristen M $112,000
Previous Owner Lantinga Dean H $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $160,000 -3.0% --
06/27/2014 06/27/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $165,000 -- --
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 $2,829 $127,100 $0 $0
2024 $2,829 $120,400 $0 $0
2023 $2,706 $105,900 $0 $0
2022 $2,690 $91,200 $0 $0
2021 $2,624 $90,000 $0 $0
2020 $2,526 $82,600 $0 $0
2019 $2,525 $80,200 $0 $0
2018 $2,525 $71,700 $0 $0
2017 $2,462 $65,400 $0 $0
2016 $2,481 $55,700 $0 $0
2015 $2,341 $55,700 $0 $0
2013 -- $48,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bill Stanley

    Coldwell Banker Schmidt Realtors

    (616) 916-0038

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Mike Oostendorp

    Keller Williams GR East

    (616) 957-1119

    92 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Oostendorp

    Kellogg & Assoc.(West)INACTIVE

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14024154

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-276-002

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

120 Union Ave NE Unit 1 & 2, Grand Rapids, MI

This home is located at 120 Union Ave NE Unit 1 & 2, Grand Rapids, MI 49503 since 28 May 2014 and is currently estimated at $364,143. This property was built in 1890. 120 Union Ave NE Unit 1 & 2 is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills 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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