NOT LISTED FOR SALE

1232 Lafayette Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $278,000 - $296,000

-- Bed
-- Bath
-- Sq Ft
6,621 Sq Ft Lot

Last Sold October 02, 2013

Last sale price $61,904

Est. 339% increase in value since last sale

Current estimated payment $1,664/month

67 Days on Market

About This Home

As of October 2013

Great Looking 2-Unit...use to be an owner occupant but has now transitioned into a money maker for them. Current Renters are great to work with and would love to stay if possible. Home is ready for a new investor or another owner occupant. Call today for a showing, please try to schedule showings after 2pm. Thanks for looking we really appreciate it.

Last Agent to Sell the Property

Donna Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501233200 Listed on: 04/08/2013

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Co-Listed By

Tim Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501299915

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Tim Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501299915

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 6,621

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

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

Property Details

Home Type

Apartment

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: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 64900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: RES

Rental Info

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

Tax Info

  • Tax Annual Amount: 2071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Oct 2, 2013
Sold by
Hinkley Nathan R and Hinkley Marci
Bought by
Caldwell Seth and Caldwell Bethany
Seller's Agent
Donna Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Tim Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$84,900
Sold Price
$61,904
Premium/Discount to List
-$22,996
-27.09%
Current Estimated Value
$271,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,956
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Haralson Richard and Haralson Angela
Bought by
Hinkley Nathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2000
Bought by
Haralson Haralson R and Haralson A

Purchase Details

Closed on
Jun 11, 1997
Sold by
Clouse Clouse R R and Clouse Racine W
Bought by
Caldwell Racine W and Caldwell Seth Bethany
Source: Public Records

Range of Values:

Collateral Analytics

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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
Caldwell Seth $61,904 Ppr Title Agency
Hinkley Nathan R $107,000 Chicago Title
Haralson Haralson R $85,400 --
Caldwell Racine W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Bethany $63,000
Closed Caldwell Bethany $44,000
Previous Owner Hinkley Nathan R $98,400
Previous Owner Hinkley Nathan R $18,450
Previous Owner Hinkley Nathan R $85,600
Closed Hinkley Nathan R $21,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $61,904 -27.1% --
06/14/2013 06/14/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $84,900 -- --
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 $2,196 $145,600 $0 $0
2024 $2,196 $123,900 $0 $0
2023 $2,178 $106,400 $0 $0
2022 $2,070 $93,400 $0 $0
2021 $2,017 $84,500 $0 $0
2020 $1,950 $78,200 $0 $0
2019 $1,996 $66,300 $0 $0
2018 $1,935 $53,800 $0 $0
2017 $1,888 $40,400 $0 $0
2016 $1,897 $36,700 $0 $0
2015 $1,486 $36,700 $0 $0
2013 -- $38,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Anders

    Seller's Agent in 2013

    Donna Anders

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-1927

    15 in this area

    451 Total Sales

    Section Image
  • Tim Anders

    Seller Co-Listing Agent in 2013

    Tim Anders

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-1467

    10 in this area

    373 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13018313

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-381-015

Michigan Kent County Grand Rapids 49505 Creston

1232 Lafayette Ave NE, Grand Rapids, MI

This home is located at 1232 Lafayette Ave NE, Grand Rapids, MI 49505 since 08 April 2013 and is currently estimated at $286,773. This property was built in 1920. 1232 Lafayette Ave NE is a home located in Kent County with nearby schools including Kent Hills 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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