NOT LISTED FOR SALE

1227 Morgan St NW Unit 2 Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $273,000 - $292,000

-- Bed
-- Bath
-- Sq Ft
3,300 Sq Ft Lot

Last Sold February 10, 2021

Last sale price $212,000

Est. 32% increase in value since last sale

Current estimated payment $1,910/month

2 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of February 2021

Totally remodeled and updated 2 unit. New Paint, carpet. Washer and dryer included. No outlet street. One block from Leonard St. Commercial area. Both units 2 bedroom 1 full bath. Nice deck for upper unit.

Last Agent to Sell the Property

Kent Graves

RE/MAX United (Main) License #6501329200 Listed on: 01/04/2021

Last Buyer's Agent

Joyce Romancky

Key Realty License #6501391325

Key Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1926

Lot Details

  • 3,300

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 3,300 Sq Ft Lot

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,050
  • Maintenance Expense $1,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,850

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1926
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 195000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3300.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1050.0
  • Maintenance Expense: 1500.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1850.0
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Bowman Rachel and Versluis Rachel
Bought by
Versluis Chandler Reed and Versluis Rachel
Total Days on Market
2
Current Estimated Value
$280,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$35,940
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$230,409

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 10, 2021
Sold by
The Charles S Miller Trust
Bought by
Bowman Rachel
Seller's Agent
Kent Graves
RE/MAX United (Main)
Buyer's Agent
Joyce Romancky
Key Realty
List Price
$195,000
Sold Price
$212,000
Premium/Discount to List
$17,000
8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$208,160
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1993

Purchase Details

Closed on
Aug 14, 1984
Bought by
Miller Charles Trust
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
Versluis Chandler Reed -- Sun Title
Bowman Rachel $212,000 Chicago Title Of Mi Inc
-- $100 --
Miller Charles Trust $21,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Versluis Chandler Reed $36,000
Previous Owner Bowman Rachel $208,160
Previous Owner Miller Charles S $135,000
Previous Owner Miller Charles S $86,250
Previous Owner Miller Charles S $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $212,000 +8.7% --
01/06/2021 01/06/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $195,000 -- --
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
2024 $4,048 $96,600 $0 $0
2023 $4,015 $86,900 $0 $0
2022 $3,147 $73,600 $0 $0
2021 $1,211 $65,700 $0 $0
2020 $1,417 $57,900 $0 $0
2019 $1,451 $45,800 $0 $0
2018 $1,407 $37,600 $0 $0
2017 $1,372 $31,700 $0 $0
2016 $1,379 $28,600 $0 $0
2015 $1,314 $28,600 $0 $0
2013 -- $24,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kent Graves

    Seller's Agent in 2021

    Kent Graves

    RE/MAX Michigan

    2 in this area

    34 Total Sales

    Kent Graves
    Section Image
  • Joyce Romancky

    Buyer's Agent in 2021

    Joyce Romancky

    Key Realty

    (616) 329-6692

    3 in this area

    63 Total Sales

    Joyce Romancky
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21000111

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-126-031

Michigan Kent County Grand Rapids 49504 West Grand

1227 Morgan St NW Unit 2, Grand Rapids, MI

This home is located at 1227 Morgan St NW Unit 2, Grand Rapids, MI 49504 since 04 January 2021 and is currently estimated at $280,324. This property was built in 1926. 1227 Morgan St NW Unit 2 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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