NOT LISTED FOR SALE

1305 Whiting St SW Wyoming, MI 49509

Urbandale Neighborhood

Estimated Value: $248,000 - $268,000

-- Bed
-- Bath
-- Sq Ft
9,200 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $124,500

Est. 106% increase in value since last sale

Current estimated payment $1,721/month

8 Days on Market

Highlights

  • Corner Lot: Yes
  • 2 Car Garage
  • 1-minute walk to Marquette Park
  • Baseboard Heating
  • High Speed Internet

About This Home

As of September 2017

Investors & Owner-Occupants take note. Here's your chance to purchase what is currently the BEST multi-family investment property in Wyoming! This turn-key 2-unit can be a great money maker. City Certified until 2020. Tenants are month to month and are ready to re-sign. This property can easily be brought up to an over 8% cap rate investment (ask your agent for financial investment sheet available on the property). Separate utilities, 2-stall garage, full basement that can easily be split. Property can even be turned back into a single family with not much effort. It is walking distance to Marquette Park, Kimble Field & Wyoming Dog Park. And if that weren't enough, you're less than 10 minutes from downtown GR. Schedule your showing today before this great opportunity is gone!

Last Agent to Sell the Property

Santiago Gomez

Keller Williams Realty Rivertown Listed on: 07/05/2017

Last Buyer's Agent

Jeffrey Shaffer

Bellabay Realty (SW) License #6501383836

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 9,200 Sq Ft Lot
  • Corner Lot: Yes
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Shared Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $784
  • Utility Expense $720

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 120000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9200.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 784.24
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3115.11
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2023
Sold by
Orozco Hannah
Bought by
Orozco Hannah and Orozco Adolfo
Total Days on Market
8
Current Estimated Value
$257,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$71,519
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
$185,558

Purchase Details

Listed on
Jul 5, 2017
Closed on
Sep 1, 2017
Sold by
Smith Jeremy
Bought by
Mills Hannah
Seller's Agent
Santiago Gomez
Keller Williams Realty Rivertown
Buyer's Agent
Jeffrey Shaffer
Bellabay Realty (SW)
List Price
$120,000
Sold Price
$124,500
Premium/Discount to List
$4,500
3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$122,244
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 14, 2015
Closed on
May 29, 2015
Sold by
Property Solvers Inc
Bought by
Smith Jeremy
Seller's Agent
Nolan Miklusicak
Blueprint Properties LLC
Buyer's Agent
Anthony Lewis
RE/MAX of Grand Rapids (FH)
List Price
$74,900
Sold Price
$69,000
Premium/Discount to List
-$5,900
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.84%
Original Mortgage
$48,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2010
Sold by
Ellis Randall A and Ellis Barbara Fay
Bought by
Property Solvers Inc

Purchase Details

Closed on
Dec 21, 2006
Sold by
Ellis Robert A and Ellis Phyllis J
Bought by
Ellis Randall A and Ellis Barbara Fay

Purchase Details

Closed on
Jul 25, 2005
Sold by
Ellis Robert A and Ellis Phyllis J
Bought by
Ellis Robert A and Ellis Phyllis J
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
Orozco Hannah -- None Listed On Document
Mills Hannah $124,500 First American Title Ins Co
Smith Jeremy $69,000 Midstate Title Agency Llc
Property Solvers Inc $20,000 Chicago Title
Ellis Randall A -- None Available
Ellis Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Hannah $75,000
Closed Orozco Hannah $75,000
Previous Owner Mills Hannah $122,244
Previous Owner Smith Jeremy $48,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $124,500 +3.8% --
07/13/2017 07/13/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $120,000 +73.9% --
05/29/2015 05/29/15 Sold $69,000 -7.9% --
04/23/2015 04/23/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $74,900 -- --
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 $3,693 $137,900 $0 $0
2024 $3,693 $124,200 $0 $0
2023 $3,410 $108,300 $0 $0
2022 $3,341 $92,600 $0 $0
2021 $3,265 $82,600 $0 $0
2020 $2,973 $67,300 $0 $0
2019 $3,100 $61,600 $0 $0
2018 $2,987 $50,900 $0 $0
2017 $3,116 $45,700 $0 $0
2016 $3,039 $41,400 $0 $0
2015 $2,565 $41,400 $0 $0
2013 -- $38,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Santiago Gomez

    Keller Williams Realty Rivertown

  • J

    Buyer's Agent in 2017

    Jeffrey Shaffer

    Bellabay Realty (SW)

    (616) 690-5229

    12 Total Sales

    Jeffrey Shaffer
    Section Image

  • N

    Seller's Agent in 2015

    Nolan Miklusicak

    Blueprint Properties LLC

    (616) 706-2459

    77 Total Sales

    Nolan Miklusicak
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kaili Miklusicak

    Blueprint Properties LLC

  • A

    Buyer's Agent in 2015

    Anthony Lewis

    RE/MAX Michigan

    21 Total Sales

    Anthony Lewis
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17032828

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-176-012

Michigan Kent County Wyoming 49509 Urbandale

1305 Whiting St SW, Wyoming, MI

This home is located at 1305 Whiting St SW, Wyoming, MI 49509 since 05 July 2017 and is currently estimated at $257,077. This property was built in 1961. 1305 Whiting St SW is a home located in Kent County with nearby schools including Godfrey Elementary School, Lee Middle & High School, and Potters House 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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