NOT LISTED FOR SALE

Estimated Value: $485,000 - $720,000

5 Beds
4 Baths
-- Sq Ft
4,443 Sq Ft Lot

Sale Details

Date Sold: December 31, 2020

Last sale price $580,000

Current estimated payment $3,803 / mo

3 Days on Market

Highlights

  • Corner Lot: Yes
  • Baseboard Heating
  • High Speed Internet
  • Forced Air Heating System
  • Laundry Facilities
  • 1-minute walk to Cherry Park

About This Home

As of December 2020

Incredible income property available. 4 units, all rented. Amazing location. Seller has invested in upgrades that make this property very desirable, and cash flows nicely. Certification is good through 3/3/21 with an inspection date already set with the City of Grand Rapids. Improvements:
-2 units fully renovated and converted from 1 BR to 2BR. -Common area refresh (carpet runner on stairs, vinyl plank flooring, paint). -New double pane vinyl windows with aluminum wrap. -Original single water heater feeding entire house replaced with 4 smaller water heaters dedicated to each unit. -Majority of old plumbing replaced with PEX. -In unit laundry added to Unit #1 and #2. -Shared laundry added to basement for Unit #3 and #4. -Original landscaping timbers replaced. -Added glass block to basement windows with dryer vents. -Removed and re-poured concrete step in back of house.
-Added gutters and downspouts on north and south sides of house.

Last Agent to Sell the Property

Jason Carpenter

Keller Williams GR East License #6502430921 Listed on: 12/09/2020

Keller Williams GR East

Co-Listed By

Candice Strehl

Keller Williams GR East License #6506048218

Last Buyer's Agent

Mike Smallegan

Smallegan Real Estate License #6502431660

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,227

Year Built

  • Built in 1878

Lot Details

  • 4,443 Sq Ft Lot
  • Lot Dimensions are 81' x 54'
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Building Details

  • Operating Expense $10,000
  • Gross Income $54,840

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,227

Year Built

Built in 1878

Lot Details

4,443 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1878
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 81' x 54'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5227.2
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 599900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Baseboard, Electric, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4443.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 54840.0
  • Number of Units Total: 4
  • Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 5227.2
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Nov 18, 2016
Sold by
New View Properties Llc
Bought by
Seller's Agent
Zach Wendt
Keller Williams GR East
Buyer's Agent
Juanita Buskard
Buskard Group Real Estate
List Price
$200,000
Sold Price
$203,000
Premium/Discount to List
$3,000
1.5%
Current Estimated Value
$578,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,809
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Beckett Investments Llc
Bought by
New View Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 18, 2014
Sold by
Beckett Robin and Beckett Michael J
Bought by
Beckett Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 25, 2012
Sold by
Beckett Group Llc
Bought by
Beckett Investments Llc

Purchase Details

Closed on
Nov 7, 2011
Sold by
Beckett Michael
Bought by
Beckett Group Llc

Purchase Details

Closed on
Jul 26, 2011
Sold by
Beckett Angela
Bought by
Beckett Michael

Purchase Details

Closed on
Apr 17, 2009
Sold by
Beckett Michael
Bought by
Beckett Angela

Purchase Details

Closed on
Dec 12, 2008
Sold by
Secretary Of Housing & Urban Development
Bought by
Beckett Michael

Purchase Details

Closed on
Aug 17, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Feb 28, 2007
Sold by
Vivoda Sherwood and Doza Kathleen
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 2, 2005
Sold by
Doza Kathleen
Bought by
Vivoda Sherwood

Purchase Details

Closed on
Jul 27, 2004
Sold by
The 125 Eastern Trust
Bought by
Vivoda Sherwood and Doza Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,510
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2003
Sold by
Kuperus Glenn T and Kuperus Michelle R
Bought by
The 125 Eastern Trust

Purchase Details

Closed on
Feb 15, 1999
Bought by
Kuperus G and Beckett Investments Llc

Purchase Details

Closed on
Nov 12, 1997
Sold by
Schppr Schppr H H and Schppr M
Bought by
Rosendahl Keith and Beckett Investments Llc

Purchase Details

Closed on
Jun 12, 1997
Sold by
Brnsn E and Brnsn Schipper H
Bought by
Beckett Investments Llc

Purchase Details

Closed on
Jul 16, 1993
Sold by
Bronson Terhorst and Bronson E
Bought by
Beckett Investments Llc

Purchase Details

Closed on
Aug 6, 1986
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Hills, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$203,000 Chicago Title Of Michigan
New View Properties Llc -- Sun Title Agency Of Mi Llc
Beckett Investments Llc -- Sun Title Agency Of Mi Llc
Beckett Investments Llc -- Ppr Title Agency
Beckett Group Llc -- None Available
Beckett Michael -- None Available
Beckett Angela -- None Available
Beckett Michael $54,000 None Available
Hud -- None Available
Mortgage Electronic Registration Systems $196,070 None Available
Vivoda Sherwood -- --
Vivoda Sherwood $190,000 --
The 125 Eastern Trust -- --
Kuperus G $126,000 --
Rosendahl Keith $25,000 --
Beckett Investments Llc -- --
Beckett Investments Llc -- --
-- $47,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $281,250
Previous Owner Vivoda Sherwood $188,510
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $580,000 -3.3% --
12/12/2020 12/12/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $599,900 +195.5% --
11/18/2016 11/18/16 Sold $203,000 +1.5% -- View Prior Sale
10/26/2016 10/26/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $200,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,308 $216,700 $0 $0
2024 $71 $175,200 $0 $0
2023 $6,805 $166,100 $0 $0
2022 $6,712 $169,700 $0 $0
2021 $7,053 $125,300 $0 $0
2020 $5,030 $119,700 $0 $0
2019 $5,150 $108,000 $0 $0
2018 $4,993 $96,800 $0 $0
2017 $4,569 $73,400 $0 $0
2016 $3,394 $58,000 $0 $0
2015 $2,965 $58,000 $0 $0
2013 -- $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20050040

MichRIC

APN: 41-14-30-433-014

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