NOT LISTED FOR SALE

1258 Lafayette Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $228,000 - $264,000

-- Bed
-- Bath
-- Sq Ft
4,748 Sq Ft Lot

Last Sold August 18, 2023

Last sale price $250,000

Est. 2% decrease in value since last sale

Current estimated payment $1,721/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of August 2023

Investment opportunity!!! $1350/month for currently rented unit at 1460 Lafayette. 1458 Lafayette is owner occupied, both units have 3 beds, 1 bath, newer windows, newer roof, newer furnaces on both sides, updated kitchen, bathroom, and paint on 1458. Easy to rent and close to everything. Off street 4 parking spots.

Last Agent to Sell the Property

Jason Lash

EXP Realty (Wyoming) - I Listed on: 07/11/2023

EXP Realty (Wyoming) - I

Last Buyer's Agent

Christopher Williams

Michigan Top Producers License #6501387647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1923

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 41 x 116

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,227

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 210000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 41 x 116
  • Lot Size Sq Ft: 4748.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2227.27
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Urena Hector and Urena Elpidia Trinidad
Bought by
1258 Lafayette Ave Llc
Total Days on Market
6
Current Estimated Value
$245,358

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 18, 2023
Sold by
Garcia Jose
Bought by
Urena Hector
Seller's Agent
Jason Lash
EXP Realty (Wyoming) - I
Buyer's Agent
Christopher Williams
Michigan Top Producers
List Price
$210,000
Sold Price
$250,000
Premium/Discount to List
$40,000
19.05%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.04%
Original Mortgage
$187,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2018
Sold by
Leos Jose Garcia
Bought by
Garcia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2017
Sold by
Garcia Johnathan
Bought by
Leos Jose Garcia

Purchase Details

Closed on
Oct 5, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Garcia Johnathan

Purchase Details

Closed on
Dec 10, 2008
Sold by
Jarrett Cedrix
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 13, 2004
Sold by
Mejia Berenice and Tiscareno Berenice
Bought by
Jarrett Cedrix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,762
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2001
Sold by
Hud
Bought by
Tiscareno Berenice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,650
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 1999

Purchase Details

Closed on
Oct 9, 1998
Sold by
Dly Dly C C and Dly N
Bought by
Garcia Vandenberg J and Garcia Johnathan

Purchase Details

Closed on
Jun 10, 1983

Purchase Details

Closed on
Nov 23, 1982
Sold by
Dudley Dudley L L and Dudley C
Bought by
Garcia Johnathan

Purchase Details

Closed on
Oct 18, 1982

Purchase Details

Closed on
Feb 23, 1982
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
1258 Lafayette Ave Llc -- None Listed On Document
Urena Hector $250,000 None Listed On Document
Garcia Jose $90,000 None Available
Leos Jose Garcia -- None Available
Garcia Johnathan $14,900 Parks Title
Deutsche Bank National Trust Company $51,000 None Available
Jarrett Cedrix $99,750 Metropolitan Title Company
Tiscareno Berenice -- --
-- -- --
Garcia Vandenberg J $52,700 --
-- $18,900 --
Garcia Johnathan -- --
-- -- --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urena Hector $187,500
Previous Owner Garcia Jose $4,000
Previous Owner Garcia Jose $88,369
Previous Owner Jarrett Cedrix $92,800
Previous Owner Jarrett Cedrix $23,200
Previous Owner Jarrett Cedrix $94,762
Previous Owner Mejia Jose Antonio $61,650
Previous Owner Tiscareno Berenice $16,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $250,000 +19.0% --
07/17/2023 07/17/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $210,000 -- --
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 $5,024 $100,700 $0 $0
2023 $2,345 $90,100 $0 $0
2022 $2,227 $74,700 $0 $0
2021 $2,173 $68,500 $0 $0
2020 $2,091 $58,400 $0 $0
2019 $2,161 $48,800 $0 $0
2018 $1,722 $40,200 $0 $0
2017 $1,390 $33,600 $0 $0
2016 $1,401 $33,500 $0 $0
2015 $1,384 $33,500 $0 $0
2013 -- $31,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jason Lash

    EXP Realty (Wyoming) - I

    (616) 821-1350

    1 in this area

    684 Total Sales

    Jason Lash
    Section Image

  • C

    Buyer's Agent in 2023

    Christopher Williams

    Michigan Top Producers

    (269) 222-2550

    1 in this area

    82 Total Sales

    Christopher Williams
    Section Image
  • Brandon Hamilton

    Buyer Co-Listing Agent in 2023

    Brandon Hamilton

    Michigan Top Producers

    (616) 862-6712

    3 in this area

    634 Total Sales

    Brandon Hamilton
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23024360

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-128-015

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1258 Lafayette Ave SE, Grand Rapids, MI

This home is located at 1258 Lafayette Ave SE, Grand Rapids, MI 49507 since 11 July 2023 and is currently estimated at $245,358. This property was built in 1923. 1258 Lafayette Ave SE is a home located in Kent County with nearby schools including Campus Elementary School, 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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