NOT LISTED FOR SALE

Estimated Value: $184,000 - $228,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 16, 2017

Last sale price $99,000

Est. 109% increase in value since last sale

Current estimated payment $1,235/month

24 Days on Market

About This Home

As of October 2017

Land Contract. 25,000 down with 7% interest rate. 7 years. Excellent duplex available in Grand Rapids. The property has been rented continuously for the last 5 years. City Certified this year and expires 2021. Utilities are split. The lower unit 2 Bed rents for $700/month and the upper unit rends for $550/month.

Last Agent to Sell the Property

Felix Ramos

Childress & Associates Realty License #6501321925 Listed on: 09/15/2017

Last Buyer's Agent

Felix Ramos

Childress & Associates Realty License #6501321925 Listed on: 09/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,424

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1424.5
  • Tax Info:Zoning3: Resedential
  • 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:Electric: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 99000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: Resedential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1424.5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 16, 2017
Sold by
F And E All In One Llc
Bought by
Dunlap Ralph and Underhill Frank V
Seller's Agent
Felix Ramos
Childress & Associates Realty
Buyer's Agent
Felix Ramos
Childress & Associates Realty
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$207,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,154
Avg. Annual Appreciation
8.59%

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 1, 2014
Sold by
Lr Holding Group Llc
Bought by
F & E All In One Llc
Seller's Agent
Justin Razmus
616 Realty LLC
Buyer's Agent
Felix Ramos
Childress & Associates Realty
List Price
$39,900
Sold Price
$35,500
Premium/Discount to List
-$4,400
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.12%

Purchase Details

Closed on
Apr 2, 2008
Sold by
Equity Noe Home Buyers Llc
Bought by
Lr Holdings Group Llc

Purchase Details

Closed on
Apr 18, 2007
Sold by
Depuy Richard
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 22, 2006
Sold by
Culver Earl C and Culver Maribelle L
Bought by
Depuy Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
10.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2004
Sold by
Kirkman Charles
Bought by
Culver Earl C and Culver Maribelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2000
Sold by
Rstck Jhnsn
Bought by
Krkman C and Lr Holding Group 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
Dunlap Ralph -- None Available
F & E All In One Llc $35,500 None Available
Lr Holdings Group Llc -- None Available
Us Bank Na $91,645 None Available
Depuy Richard $95,000 Priority Title Agency Inc
Culver Earl C $83,000 Michigan Title Company
Krkman C $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lr Holding Group Llc $35,750
Previous Owner Depuy Richard $85,500
Previous Owner Culver Earl C $62,250
Closed Dunlap Ralph $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $99,000 0.0% --
10/09/2017 10/09/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $99,000 +178.9% --
10/01/2014 10/01/14 Sold $35,500 -11.0% --
09/19/2014 09/19/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $39,900 -- --
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 $1,295 $84,900 $0 $0
2024 $1,295 $78,800 $0 $0
2023 $1,314 $70,100 $0 $0
2022 $1,248 $58,600 $0 $0
2021 $1,220 $53,200 $0 $0
2020 $1,488 $45,800 $0 $0
2019 $1,537 $38,600 $0 $0
2018 $1,488 $33,900 $0 $0
2017 $1,404 $28,600 $0 $0
2016 $1,411 $26,300 $0 $0
2015 $1,345 $26,300 $0 $0
2013 -- $25,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17047131

Southwestern Michigan Association of REALTORS®

APN: 41-14-31-354-022