NOT LISTED FOR SALE

1254 Ionia Ave SW Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $207,000 - $235,000

-- Bed
-- Bath
-- Sq Ft
2,256 Sq Ft Lot

Last Sold February 21, 2017

Last sale price $74,900

Est. 197% increase in value since last sale

Current estimated payment $1,389/month

84 Days on Market

About This Home

As of February 2017

This home is located at 1254 Ionia Ave SW, Grand Rapids, MI 49507 since 17 October 2016 and is currently estimated at $222,294. This property was built in 1925. 1254 Ionia Ave SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton Middle School, and Union High School.

Last Agent to Sell the Property

David Pena

Homes 28 Listed on: 10/17/2016

Co-Listed By

Daniel Peña

Homes 28 License #6501360510

Last Buyer's Agent

Daniel Peña

Homes 28 License #6501360510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1925

Lot Details

  • 2,256 Sq Ft Lot
  • Lot Dimensions are 54 x 100

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,714

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 74900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Broadband

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2256.0
  • Zoning Description: Unknown
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1714.39
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2017
Sold by
Zepeda Leidy
Bought by
Zepeda Edgar and Zepeda Leidy
Total Days on Market
84
Current Estimated Value
$222,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$170,214
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$52,080

Purchase Details

Listed on
Oct 17, 2016
Closed on
Feb 20, 2017
Sold by
Delgado Cristina Contreras
Bought by
Zepeda Leidy
Seller's Agent
David Pena
Homes 28
Buyer's Agent
Daniel Peña
Homes 28
List Price
$89,900
Sold Price
$74,900
Premium/Discount to List
-$15,000
-16.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Vannoord Wayne and Vannoord Kimbra
Bought by
Fransua Jhonny V and Fransua Johnny Vincente

Purchase Details

Closed on
Oct 4, 2015
Sold by
Fransua Johnny Vincente and Fransua Johnny Vicente
Bought by
Delgado Cristina Contreras

Purchase Details

Closed on
Mar 20, 2015
Sold by
Vannoord Wayne and Vannoord Kimbra
Bought by
Fransua Johnny Vincent

Purchase Details

Closed on
Dec 28, 2009
Sold by
Coastal Real Estate Holdings Llc
Bought by
Vannoord Wayne

Purchase Details

Closed on
Jun 10, 2009
Sold by
Macatawa Bank
Bought by
Coastal Real Estate Holdings Llc

Purchase Details

Closed on
Nov 12, 2008
Sold by
Medemar Eric and Medemar Beth
Bought by
Macatawa Bank

Purchase Details

Closed on
May 16, 2007
Sold by
Bank Of New York
Bought by
Medemar Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2006
Sold by
Wilson Samuel
Bought by
Bank Of New York and Cwabs 2005-04
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
Zepeda Edgar -- None Available
Zepeda Leidy $74,900 None Available
Fransua Jhonny V $45,000 Chicago Title
Delgado Cristina Contreras -- None Available
Fransua Johnny Vincent -- None Available
Vannoord Wayne $31,500 Lighthouse Title Inc
Coastal Real Estate Holdings Llc -- None Available
Macatawa Bank $34,000 None Available
Medemar Eric $36,400 None Available
Bank Of New York $90,795 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zepeda Edgar $200,000
Previous Owner Medemar Eric $36,400
Previous Owner Wilson Samuel $87,200
Previous Owner Wilson Samuel $21,800
Previous Owner Wilson Samuel $17,200
Previous Owner Wilson Samuel $68,800
Previous Owner Wilson Samuel $8,600
Previous Owner Wilson Samuel $21,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2017 02/21/17 Sold $74,900 -16.7% --
01/09/2017 01/09/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $89,900 -- --
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
2024 $2,513 $109,400 $0 $0
2023 $2,402 $97,500 $0 $0
2022 $2,369 $80,900 $0 $0
2021 $2,308 $73,000 $0 $0
2020 $2,231 $61,400 $0 $0
2019 $2,284 $51,100 $0 $0
2018 $2,214 $41,800 $0 $0
2017 $1,863 $35,000 $0 $0
2016 $1,872 $33,200 $0 $0
2015 $1,697 $33,200 $0 $0
2013 -- $33,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Pena

    Homes 28

    (616) 245-7001

    3 in this area

    108 Total Sales

    David Pena
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Daniel Peña

    Homes 28

    (616) 245-7001

    44 Total Sales

    Daniel Peña
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16018739

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-230-015

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1254 Ionia Ave SW, Grand Rapids, MI

This home is located at 1254 Ionia Ave SW, Grand Rapids, MI 49507 since 17 October 2016 and is currently estimated at $222,294. This property was built in 1925. 1254 Ionia Ave SW is a home located in Kent County with nearby schools including Cesar E. Chavez Elementary, Burton 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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