Seller's Agent in 2021
Emmett TerBeek
Five Star Real Estate (Rock)
(616) 240-5945
7 in this area
140 Total Sales
1258 Powers Ave NW Grand Rapids, MI 49504
West Grand Neighborhood
--
Bed
--
Bath
--
Sq Ft
4,620
Sq Ft Lot
Highlights
- Cooling Available
- Forced Air Heating System
- High Speed Internet
About This Home
As of September 2021This is simply a very nice owner-occupied 2-family that shows great pride of ownership. It has very beautiful Hardwood Floors, is painted super nice, and is located only 4 blocks South of Richmond Park. It has vinyl siding, newer 30-yr shingles, beautiful landscaping, excellent mechanicals, a clean full usable basement, a sunning deck area on the upper level, a fenced yard, a covered front porch, and a handy garage. The appliances all stay including both washers and dryers. This is an extremely nice home where your payment would be way less than most people rent for in this area when you consider the rent from upstairs. This is a great home in a desirable area. You really can just move in and touch nothing! Come take a look! Note: The listing agent is related to the seller.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,598
Year Built
- Built in 1900
Lot Details
- 4,620 Sq Ft Lot
Parking
- 6 Parking Spaces
Home Design
- Composition Roof
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas
- The owner pays for water, sewer
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $727
- Gross Income $9,504
- Net Operating Income $7,769
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2022
Sold by
Mitchell William
Bought by
1258 Powers Llc
Current Estimated Value
Purchase Details
Listed on
Sep 7, 2021
Closed on
Sep 27, 2021
Sold by
Kanati Llc
Bought by
Mitchell William
Seller's Agent
Emmett TerBeek
Five Star Real Estate (Rock)
Buyer's Agent
Matthew Luce
Real5
Sold Price
$295,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Purchase Details
Listed on
Oct 30, 2020
Closed on
Nov 20, 2020
Sold by
Reeds Mckenzie
Bought by
Kanati Llc
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Emmett TerBeek
Five Star Real Estate (Rock)
List Price
$224,900
Sold Price
$235,000
Premium/Discount to List
$10,100
4.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.67%
Purchase Details
Closed on
Apr 2, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Reeds Mckenzie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 3, 2008
Sold by
Citimortgage Inc
Bought by
Hud
Purchase Details
Closed on
Jan 2, 2008
Sold by
Herrera Jose Juan
Bought by
Citimortgage Inc
Purchase Details
Closed on
Apr 16, 2004
Sold by
Ball Craig and Ball Murel
Bought by
Herrera Jose Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,106
Interest Rate
5.46%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 29, 2000
Sold by
Ball Ball L L and Ball L
Bought by
Reeds Mckenzie
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $295,000 | Star Title | |
| Warranty Deed | $235,000 | Pathway Title | |
| Deed | $30,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $130,327 | None Available | |
| Warranty Deed | $114,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $113,106 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $295,000 | -1.6% | -- |
| 09/12/2021 09/12/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | For Sale | -- | -- | -- |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $299,900 | +27.6% | -- |
| 11/20/2020 11/20/20 | Sold | $235,000 | +4.5% | -- |
| 11/03/2020 11/03/20 | Pending | -- | -- | -- |
| 10/30/2020 10/30/20 | For Sale | $224,900 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $5,411 | $126,000 | $0 | $0 |
| 2024 | $5,411 | $114,300 | $0 | $0 |
| 2023 | $5,709 | $103,300 | $0 | $0 |
| 2022 | $4,806 | $85,600 | $0 | $0 |
| 2021 | $3,972 | $76,100 | $0 | $0 |
| 2020 | $1,526 | $67,800 | $0 | $0 |
| 2019 | $1,576 | $54,000 | $0 | $0 |
| 2018 | $1,526 | $46,200 | $0 | $0 |
| 2017 | $1,487 | $39,100 | $0 | $0 |
| 2016 | $1,499 | $35,600 | $0 | $0 |
| 2015 | $1,414 | $35,600 | $0 | $0 |
| 2013 | -- | $32,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Emmett TerBeek
-
Matthew Luce
Buyer's Agent in 2021
Matthew Luce
Real5
(616) 638-0525
6 in this area
116 Total Sales
-
Randy Reeds
Seller's Agent in 2020
Randy Reeds
Reeds Realty
(616) 291-3930
3 in this area
273 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 20045817
APN: 41-13-14-456-001
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