NOT LISTED FOR SALE

1214 Hamilton Ave NW Unit 1-4 Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $280,000 - $404,000

-- Bed
-- Bath
-- Sq Ft
1900 Built

Last Sold June 15, 2017

Last sale price $210,000

Est. 59% increase in value since last sale

Current estimated payment $2,078/month

6 Days on Market

About This Home

As of June 2017

Grand Rapids Real Estate, Fully functioning, turn-key 4 unit city certified through 1/29/19, nicely redone units with leases in place on 3, $650 2 bedroom, $650, 2 berm, $600 1 bdrm, one month to month, $525, 1 berm, could be higher, could easily be over 30,000 gross annual income. currently 29100. Close proximity to downtown, freeways, along with Off-street parking, separate utilities, tenant storage and washer/dryer hook-ups in the basement make this a very attractive property to add to your portfolio or jump in as an owner occupant and have the other 3 units cover your expenses. Seller will look at offers Saturday 4-22-17 after 6pm, Thank you

Last Agent to Sell the Property

Eric Freeman

Solid Rock Real Estate LLC License #6502373737 Listed on: 04/16/2017

Last Buyer's Agent

Mark Blashkiw

Blueprint Properties LLC License #6502410373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1900

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,200
  • Gross Income $29,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,054

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Heat Type:Radiant: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 199800.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Natural Gas, Radiant
  • Heating: Yes
  • Utilities: Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Area: 1.0
  • Lot Size Sq Ft: 1.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Gross Income: 29100.0
  • Insurance Expense: 1200.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Felten Andrew
Bought by
Synergy Landmark Llc
Current Estimated Value
$334,617

Purchase Details

Listed on
Apr 16, 2017
Closed on
Jun 16, 2017
Sold by
Visser Rick L and Visser Cynthia T
Bought by
Felten Andrew
Seller's Agent
Eric Freeman
Solid Rock Real Estate LLC
Buyer's Agent
Mark Blashkiw
Blueprint Properties LLC
List Price
$199,800
Sold Price
$210,000
Premium/Discount to List
$10,200
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Peters William and Peters Linda C
Bought by
Visser Rick L and Visser Cynthia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1999
Sold by
Theil Ts and Theil Peters W
Bought by
Peters Peters W and Peters L

Purchase Details

Closed on
Apr 2, 1992
Sold by
Theile Theile D D and Theile Tst
Bought by
Visser Rick L Cynthia T

Purchase Details

Closed on
Oct 4, 1989
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
Synergy Landmark Llc -- None Listed On Document
Felten Andrew $210,000 Startitle Agency Llc
Visser Rick L $150,000 --
Peters Peters W $86,000 --
Visser Rick L Cynthia T $100 --
-- $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felten Andrew $233,250
Previous Owner Visser Rick L $95,300
Previous Owner Visser Rick L $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $210,000 +5.1% --
04/22/2017 04/22/17 Pending -- -- --
04/16/2017 04/16/17 For Sale $199,800 -- --
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 $3,054 $148,000 $0 $0
2024 $3,054 $132,800 $0 $0
2023 $2,919 $115,300 $0 $0
2022 $2,879 $107,800 $0 $0
2021 $2,805 $81,500 $0 $0
2020 $2,711 $79,000 $0 $0
2019 $2,776 $63,600 $0 $0
2018 $2,691 $50,800 $0 $0
2017 $1,912 $49,000 $0 $0
2016 $1,922 $40,900 $0 $0
2015 $1,831 $40,900 $0 $0
2013 -- $34,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eric Freeman

    Solid Rock Real Estate LLC

    (616) 667-2715

    3 in this area

    45 Total Sales

    Eric Freeman
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Blashkiw

    Blueprint Properties LLC

    (616) 706-5341

    15 in this area

    102 Total Sales

    Mark Blashkiw
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17016176

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-384-009

Michigan Kent County Grand Rapids 49504 West Grand

1214 Hamilton Ave NW Unit 1-4, Grand Rapids, MI

This home is located at 1214 Hamilton Ave NW Unit 1-4, Grand Rapids, MI 49504 since 16 April 2017 and is currently estimated at $334,617. This property was built in 1900. 1214 Hamilton Ave NW Unit 1-4 is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech 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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