NOT LISTED FOR SALE

1247 Lafayette Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $176,000 - $232,000

-- Bed
-- Bath
-- Sq Ft
3,220 Sq Ft Lot

Last Sold February 28, 2013

Last sale price $30,000

Est. 586% increase in value since last sale

Current estimated payment $1,309/month

101 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Mary Waters Park
  • High Speed Internet

About This Home

As of February 2013

NE two-unit. Lower heated with forced air furnace. Upper has space heater. Each has 2 Beds, LivRm, Kit & Bath. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for special Renovation Mortgage financing.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 11/12/2012

Last Buyer's Agent

Robert Haughton

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 3,220

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Space Heater
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 3,220 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Apartment

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 33400.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3220.0
  • Zoning Description: Multi

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1250.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Feb 25, 2013
Sold by
Fannie Mae
Bought by
Erhan Ali
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Robert Haughton
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$42,900
Sold Price
$30,000
Premium/Discount to List
-$12,900
-30.07%
Current Estimated Value
$205,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,783
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Jun 15, 2012
Sold by
The Huntington National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 14, 2006
Sold by
Fernandez Alex and Fernandez Rosa
Bought by
Alex & Rosa Rental Co Llc

Purchase Details

Closed on
May 30, 2003
Sold by
Frost Eric
Bought by
Fernandez Alex and Fernandez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2003
Sold by
Sakowski Frederick P
Bought by
Frost Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2002
Sold by
Spielmaker John G
Bought by
Sakowski Frederick P

Purchase Details

Closed on
Nov 8, 2002
Sold by
Clouse Regina F
Bought by
Spielmaker John G

Purchase Details

Closed on
Jul 11, 1994

Purchase Details

Closed on
Oct 11, 1989

Purchase Details

Closed on
Jan 18, 1983
Sold by
Patin Patin R R and Patin Splmkr J
Bought by
Erhan Ali

Purchase Details

Closed on
Dec 23, 1982
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Erhan Ali $30,000 None Available
Federal National Mortgage Association -- None Available
Alex & Rosa Rental Co Llc -- None Available
Fernandez Alex $85,000 --
Frost Eric $62,000 Guarantee Tittle & Trust Co
Sakowski Frederick P $20,000 --
Spielmaker John G $15,000 --
-- $20,000 --
-- $27,000 --
Erhan Ali $15,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Alex $73,700
Previous Owner Fernandez Alex $76,500
Previous Owner Frost Eric $55,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $30,000 -30.1% --
02/21/2013 02/21/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $42,900 -- --
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 $2,079 $74,500 $0 $0
2024 $2,079 $63,300 $0 $0
2023 $1,153 $54,300 $0 $0
2022 $1,487 $65,900 $0 $0
2021 $1,449 $59,600 $0 $0
2020 $1,494 $54,000 $0 $0
2019 $1,434 $45,700 $0 $0
2018 $1,390 $37,100 $0 $0
2017 $1,356 $29,200 $0 $0
2016 $1,363 $26,400 $0 $0
2015 $2,437 $26,400 $0 $0
2013 -- $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image

  • R

    Buyer's Agent in 2013

    Robert Haughton

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12060040

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-380-035

Michigan Kent County Grand Rapids 49505 Creston

1247 Lafayette Ave NE, Grand Rapids, MI

This home is located at 1247 Lafayette Ave NE, Grand Rapids, MI 49505 since 12 November 2012 and is currently estimated at $205,783. This property was built in 1900. 1247 Lafayette 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes