NOT LISTED FOR SALE

1224 Plainfield Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $323,697

-- Bed
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 20, 2014

Last sale price $132,000

Est. 145% increase in value since last sale

Current estimated payment $2,054/month

72 Days on Market

About This Home

As of October 2014

Excellent investment opportunity! Building features 2 apartments and 1 store front. Each apartment has 3 bedrooms, 1 bath with 1130 sqft. 2nd floor high efficiency furnace new in 2014, 3rd floor space heater new in 2014, newer roof, exterior block freshly painted, Building was resided with vinyl in 2010 per owner. Grand Rapids rental inspection certificate good through Jan 31, 2015 Rent: $650/month retail/office. Lower Unit $700/month, upper unit $600/month. This building has a lot to offer! A must see!

Last Agent to Sell the Property

Vito Dolci Jr

Five Star Real Estate (Walker) License #6501224335 Listed on: 06/22/2014

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof

Utilities

  • Radiant Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,253

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other

Exterior Features

  • List Price: 145000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2253.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2014
Closed on
Oct 20, 2014
Sold by
Calin Constantin
Bought by
North Town Gateway Llc
Seller's Agent
Vito Dolci Jr
Five Star Real Estate (Walker)
Buyer's Agent
Nonmember Agent
Non Member
List Price
$145,000
Sold Price
$132,000
Premium/Discount to List
-$13,000
-8.97%
Current Estimated Value
$323,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,697
Avg. Annual Appreciation
8.03%
Original Mortgage
$200,000
Interest Rate
4.23%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 1996
Sold by
Calin Calin E E and Calin C
Bought by
Calin Calin C and Calin Constantin

Purchase Details

Closed on
Dec 16, 1991
Sold by
Bytwerk Bytwerk D D and Bytwerk Calin C
Bought by
Calin Constantin

Purchase Details

Closed on
Nov 26, 1988
Sold by
Cherry Cherry R R and Cherry Bytwerk D
Bought by
Calin Constantin
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
North Town Gateway Llc -- Sun Title Agency Of Mi Llc
Calin Calin C -- --
Calin Constantin $10,900 --
Calin Constantin $14,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Town Gateway Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $132,000 -9.0% --
09/02/2014 09/02/14 Pending -- -- --
06/22/2014 06/22/14 For Sale $145,000 -- --
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 $4,055 $121,500 $0 $0
2024 $4,055 $128,800 $0 $0
2023 $4,022 $113,500 $0 $0
2022 $3,823 $104,800 $0 $0
2021 $3,725 $91,900 $0 $0
2020 $3,600 $79,100 $0 $0
2019 $3,686 $71,100 $0 $0
2018 $3,573 $72,500 $0 $0
2017 $3,081 $63,100 $0 $0
2016 $3,096 $57,700 $0 $0
2015 $2,950 $57,700 $0 $0
2013 -- $54,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vito Dolci Jr

    Seller's Agent in 2014

    Vito Dolci Jr

    Five Star Real Estate (Walker)

    (616) 791-1010

    4 in this area

    328 Total Sales

    Vito Dolci Jr
    Section Image

  • N

    Buyer's Agent in 2014

    Nonmember Agent

    Non Member

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14035230

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-382-031

Michigan Kent County Grand Rapids 49505 Creston

1224 Plainfield Ave NE, Grand Rapids, MI

This home is located at 1224 Plainfield Ave NE, Grand Rapids, MI 49505 since 22 June 2014 and is currently estimated at $323,697. This property was built in 1920. 1224 Plainfield Ave NE is a home located in Kent County with nearby schools including Palmer School, Riverside 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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