NOT LISTED FOR SALE

1215 Prospect Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $209,000 - $235,000

-- Bed
-- Bath
-- Sq Ft
4,756 Sq Ft Lot

Last Sold November 06, 2015

Last sale price $18,500

Est. 1,104% increase in value since last sale

Current estimated payment $1,346/month

11 Days on Market

About This Home

As of November 2015

Seller will not respond to offers until the home has been on the market for 20 days. Offers must include a written renovation plan, written statement regarding the ability of the buyer to complete the renovations, and proof of financing to complete the purchase and renovation. Buyers cannot be in arrears for property taxes with the local unit of government on any other real estate. Buyers must complete the basic requirements for the Grand Rapids Certificate of Compliance for occupancy. The intent is to ensure public health, safety and welfare of occupants. Sale is subject to seller receiving clear title. Closing not able to occur until after October 15.

Last Agent to Sell the Property

Michael Childress

Childress & Associates Realty License #6502350386 Listed on: 08/24/2015

Last Buyer's Agent

Ron Babitz

Cornerstone Companies License #6501310668

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,756 Sq Ft Lot
  • Lot Dimensions are 41x116

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 41x116
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3871.43
  • 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
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: 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: 18500.0
  • Number of Buildings: 1
  • 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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4756.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3871.43
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 6, 2015
Sold by
Kent County Land Bank Authority
Bought by
Post Mark B and Akkerhuis Gerard W
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Ron Babitz
Cornerstone Companies
List Price
$18,500
Sold Price
$18,500
Current Estimated Value
$222,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,283
Avg. Annual Appreciation
28.77%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Jan 8, 2008
Sold by
Jp Properties & Development Llc
Bought by
Watson Justin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2007
Sold by
Consumer Solutions Reo Llc
Bought by
Jp Properties & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2006
Sold by
Dreckman Michelle
Bought by
Us Bank Na and Asset Backed Securities Corp Home Equity

Purchase Details

Closed on
Jan 6, 2006
Sold by
Happy Homes Investors
Bought by
Dreckman Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Cobb Frank
Bought by
Happy Homes Investors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2000
Sold by
Mercantile Schfr and Mercantile Bnk
Bought by
Watson Justin A

Purchase Details

Closed on
Sep 1, 1998
Bought by
Cobb Frank and Watson Justin A

Purchase Details

Closed on
Aug 17, 1994
Sold by
Madison Sq and Schaefer Madison
Bought by
Watson Justin A
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
Post Mark B $18,500 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Watson Justin A -- None Available
Jp Properties & Development Llc $25,000 None Available
Us Bank Na $83,321 None Available
Dreckman Michelle $98,000 Metropolitan Title Company
Happy Homes Investors $36,000 --
Cobbs Frank $38,400 --
Watson Justin A -- --
Cobb Frank $38,400 --
Watson Justin A $12,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Justin A $67,200
Previous Owner Dreckman Michelle $78,400
Previous Owner Happy Homes Investors $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $18,500 0.0% --
09/04/2015 09/04/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $18,500 -- --
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 $1,690 $97,800 $0 $0
2024 $1,690 $80,800 $0 $0
2023 $1,677 $72,200 $0 $0
2022 $1,594 $60,100 $0 $0
2021 $1,553 $54,400 $0 $0
2020 $1,501 $46,500 $0 $0
2019 $1,537 $39,000 $0 $0
2018 $1,490 $32,400 $0 $0
2017 $1,453 $27,300 $0 $0
2016 $1,460 $27,500 $0 $0
2015 $3,029 $27,500 $0 $0
2013 -- $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Childress

    Seller's Agent in 2015

    Michael Childress

    Childress & Associates Realty

    (616) 893-1672

    167 Total Sales

    Michael Childress
    Section Image

  • R

    Buyer's Agent in 2015

    Ron Babitz

    Cornerstone Companies

    (616) 970-1557

    26 Total Sales

    Ron Babitz
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15045859

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-128-042

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1215 Prospect Ave SE, Grand Rapids, MI

This home is located at 1215 Prospect Ave SE, Grand Rapids, MI 49507 since 24 August 2015 and is currently estimated at $222,783. This property was built in 1890. 1215 Prospect Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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