NOT LISTED FOR SALE

124 Grand Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $395,546 - $592,000

4 Beds
3 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold September 14, 2012

Last sale price $167,500

Est. 185% increase in value since last sale

Current estimated payment $2,841/month

156 Days on Market

About This Home

As of September 2012

Great investment opportunity. Located in a wonderful area close to colleges, downtown, medical mile and highways. This beautifully maintained 3 unit home has good rental history and currently occupied by owner's who live on lower level. Features include newer siding, windows and roof. Hard to come by off-street parking includes 3 stall garage plus coin laundry on site.

Last Agent to Sell the Property

Don Tourtellotte

Anchor Realty LLC Listed on: 03/12/2012

Last Buyer's Agent

Todd Rookus

Parkside Homes LLC License #6502359909

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1900

Lot Details

  • 5,000

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,000 Sq Ft Lot

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,865

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 178900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5000.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 2865.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2018
Sold by
Huber Daniel J
Bought by
Huber Daniel J and Huber Nicole
Current Estimated Value
$477,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Sep 14, 2012
Sold by
Binstead Michael and Heffron Teresa L
Bought by
Huber Daniel J
Seller's Agent
Don Tourtellotte
Anchor Realty LLC
Buyer's Agent
Todd Rookus
Parkside Homes LLC
List Price
$179,900
Sold Price
$167,500
Premium/Discount to List
-$12,400
-6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$161,413
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2008
Sold by
Binstead Dawn
Bought by
Binstead Michael

Purchase Details

Closed on
Oct 5, 2006
Sold by
Binstead Michael E
Bought by
Meb Ventures Inc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Binstead Michael E
Bought by
Meb Ventures Inc

Purchase Details

Closed on
Nov 14, 2003
Sold by
Haan Robert A and Haan Erika
Bought by
Binsteed Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1997
Sold by
Prsk Stnsn
Bought by
Haan Robert A and Haan Erika

Purchase Details

Closed on
Jun 23, 1995
Sold by
Bosscher Bosscher J J and Bosscher Stanson
Bought by
Huber Stanson and Huber Daniel J

Purchase Details

Closed on
Oct 7, 1988

Purchase Details

Closed on
Oct 9, 1985
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
Huber Daniel J -- None Available
Huber Daniel J $167,500 Multiple
Binstead Michael -- None Available
Meb Ventures Inc -- First American Title Ins
Meb Ventures Inc -- --
Binsteed Michael $145,000 Metropolitan Title Co
Haan Robert A $77,900 --
Huber Stanson $62,300 --
-- $27,500 --
-- $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huber Daniel J $203,800
Closed Huber Daniel J $202,500
Closed Huber Daniel J $161,413
Previous Owner Binstead Michael $32,500
Previous Owner Binstead Michael $20,875
Previous Owner Binstead Michael $152,000
Previous Owner Binsteed Michael $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $167,500 -6.9% --
08/15/2012 08/15/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $179,900 -- --
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 $3,590 $185,700 $0 $0
2024 $3,590 $179,100 $0 $0
2023 $3,562 $159,900 $0 $0
2022 $3,385 $129,900 $0 $0
2021 $2,839 $140,800 $0 $0
2020 $2,734 $111,500 $0 $0
2019 $2,819 $100,300 $0 $0
2018 $2,730 $95,500 $0 $0
2017 $2,661 $78,400 $0 $0
2016 $2,680 $75,300 $0 $0
2015 $2,535 $75,300 $0 $0
2013 -- $56,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Don Tourtellotte

    Anchor Realty LLC

    (616) 723-4579

    16 Total Sales

    Don Tourtellotte
    Section Image

  • T

    Buyer's Agent in 2012

    Todd Rookus

    Parkside Homes LLC

    (616) 318-1010

    29 Total Sales

    Todd Rookus
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12012956

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-277-001

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

124 Grand Ave NE, Grand Rapids, MI

This home is located at 124 Grand Ave NE, Grand Rapids, MI 49503 since 12 March 2012 and is currently estimated at $477,137. This property was built in 1900. 124 Grand Ave NE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills 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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