NOT LISTED FOR SALE

1231 Broadway Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $143,248 - $190,000

-- Bed
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Last Sold August 02, 2016

Last sale price $79,900

Est. 108% increase in value since last sale

Current estimated payment $946/month

2 Days on Market

Highlights

  • Space Heater
  • High Speed Internet
  • Level Lot

About This Home

As of August 2016

Great location. Area of Redevelopment and growth. 2 2 unit blds. 2nd & 3rd bldg. N of Leonard. 1231 has 12 year tenant in upper unit. 1231- 2015 new rubber roof, 1231- 2 electric boxes. 3 stoves and 3 ref. 1235- 1 yr new water heater up. 1235- 2015 foundation repairs (2,000). 1231 lower: LR, KIT W/ EA, 3 BR, BA UP: LR, KIT W/ EA, BR ,BA 1235 UPPER: LR, FDR, KIT, 2BR POSS 3 BR, BA LOWER: LR, KIT W/ EA, 2 BR, BA 1235 separate utilities note assessed value

Last Agent to Sell the Property

Tony Lewis

RE/MAX of Grand Rapids (FH) License #6501242774 Listed on: 05/02/2016

Last Buyer's Agent

Mark Blashkiw

Blueprint Properties LLC License #6502410373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1900

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Gravity Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

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: 50x115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1603.0
  • Tax Info:Zoning3: MDR
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Roofing:Rubber: Yes
  • Heat Type:Space Heater: Yes
  • Heat Type:Gravity: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 79900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Heating: Space Heater, Gravity, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: MDR
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1603.0
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Felten Andrew
Bought by
B08 Llc
Current Estimated Value
$166,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,780
Outstanding Balance
$617,782
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
-$451,720

Purchase Details

Listed on
May 2, 2016
Closed on
Aug 2, 2016
Sold by
Bowman Robert C and Estate Of Robert Bowman
Bought by
Felten Andrew
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Mark Blashkiw
Blueprint Properties LLC
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
May 2, 2016
Closed on
Jul 7, 2016
Sold by
Scheidel Daryl Robert and Scheidel Rob Trinity
Bought by
Estate Of Robert Bowman
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Mark Blashkiw
Blueprint Properties LLC
List Price
$79,900
Sold Price
$79,900

Purchase Details

Closed on
May 25, 2016
Sold by
Department Of Natural Resources
Bought by
Bowman Robert

Purchase Details

Closed on
Mar 31, 1994
Source: Public Records

Range of Values:

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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
B08 Llc -- None Available
Felten Andrew $79,900 None Available
Estate Of Robert Bowman -- None Available
Bowman Robert -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B08 Llc $693,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $79,900 0.0% --
05/04/2016 05/04/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $79,900 -- --
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 $792 $40,200 $0 $0
2024 $792 $36,700 $0 $0
2023 $1,150 $49,900 $0 $0
2022 $1,093 $41,600 $0 $0
2021 $1,065 $37,200 $0 $0
2020 $1,030 $32,700 $0 $0
2019 $1,054 $25,900 $0 $0
2018 $1,700 $20,300 $0 $0
2017 $1,211 $14,900 $0 $0
2016 $670 $13,600 $0 $0
2015 $2,600 $13,600 $0 $0
2013 -- $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Lewis

    Seller's Agent in 2016

    Tony Lewis

    RE/MAX Michigan

    (616) 957-0700

    6 in this area

    269 Total Sales

    Tony Lewis
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Blashkiw

    Blueprint Properties LLC

    (616) 706-5341

    9 in this area

    97 Total Sales

    Mark Blashkiw
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16019927

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-384-018

Michigan Kent County Grand Rapids 49504 West Grand

1231 Broadway Ave NW, Grand Rapids, MI

This home is located at 1231 Broadway Ave NW, Grand Rapids, MI 49504 since 02 May 2016 and is currently estimated at $166,062. This property was built in 1900. 1231 Broadway Ave NW is a home located in Kent County with nearby schools including Harrison Elementary School, Westwood 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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