NOT LISTED FOR SALE

122 Burton St SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $181,000 - $214,000

-- Bed
-- Bath
-- Sq Ft
40,135 Acres

Last Sold January 17, 2020

Last sale price $81,000

Est. 152% increase in value since last sale

Current estimated payment $1,301/month

19 Days on Market

Highlights

  • 40,135 Acre Lot
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2020

Nice investment property. Rent needs to be raised, but $525 lower and $450 upper currently. Main floor has kitchen, eating area, living room, 2 bedrooms, and a full bath. Upper level has 1 bedroom, kitchen, eating area, living room, and 1 bedroom. Call for a showing today.

Last Agent to Sell the Property

Doug Takens

Independence Realty (Main) License #6501343127 Listed on: 11/29/2019

Last Buyer's Agent

Vince Villegas

Villegas Group

Villegas Group

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1920

Lot Details

  • 40,135 Acre Lot

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • 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

Apartment

Est. Annual Taxes

$1,254

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 89900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 40135.0
  • Lot Size Area: 40135.0
  • Lot Size Sq Ft: 1748280600.0
  • Zoning Description: R-3
  • 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: 1254.18
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Jan 17, 2020
Sold by
Gomez Rafael
Bought by
Peralta Ignacio and Serrano Sandra
Seller's Agent
Doug Takens
Independence Realty (Main)
Buyer's Agent
Vince Villegas
Villegas Group
List Price
$92,500
Sold Price
$81,000
Premium/Discount to List
-$11,500
-12.43%
Current Estimated Value
$203,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,915
Avg. Annual Appreciation
16.03%
Original Mortgage
$60,750
Outstanding Balance
$54,230
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$134,482

Purchase Details

Closed on
Aug 24, 1996
Sold by
Saenz Saenz V V and Saenz Gomez R
Bought by
Gomez Gomez R and Gomez Rogelio Juanita

Purchase Details

Closed on
May 11, 1990
Sold by
Saenz Taylor N and Saenz Valde
Bought by
Gomez Rogelio Juanita
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
Peralta Ignacio $81,000 Clearstream Title
Gomez Rafael $33,000 Clearstream Title
Gomez Gomez R $28,000 --
Gomez Rogelio Juanita $29,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peralta Ignacio $60,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $81,000 -12.4% --
12/18/2019 12/18/19 Pending -- -- --
11/29/2019 11/29/19 For Sale $92,500 -- --
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 $2,699 $76,800 $0 $0
2024 $2,699 $71,200 $0 $0
2023 $2,580 $62,900 $0 $0
2022 $2,544 $52,700 $0 $0
2021 $2,797 $47,500 $0 $0
2020 $1,180 $40,800 $0 $0
2019 $1,208 $34,200 $0 $0
2018 $1,171 $28,700 $0 $0
2017 $1,231 $24,100 $0 $0
2016 $1,148 $21,400 $0 $0
2015 $1,094 $21,400 $0 $0
2013 -- $24,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Takens

    Seller's Agent in 2020

    Doug Takens

    Independence Realty (Main)

    (616) 262-4574

    6 in this area

    751 Total Sales

    Doug Takens
    Section Image
  • Vince Villegas

    Buyer's Agent in 2020

    Vince Villegas

    Villegas Group

    (616) 920-0291

    4 in this area

    139 Total Sales

    Vince Villegas
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19056534

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-226-006

Michigan Kent County Grand Rapids 49507 Garfield Park

122 Burton St SW, Grand Rapids, MI

This home is located at 122 Burton St SW, Grand Rapids, MI 49507 since 29 November 2019 and is currently estimated at $203,915. This property was built in 1920. 122 Burton St SW is a home located in Kent County with nearby schools including Burton Elementary School, Burton Middle School, and Union 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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