NOT LISTED FOR SALE

Estimated Value: $226,000 - $262,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold February 17, 2017

Last sale price $58,877

Est. 309% increase in value since last sale

Current estimated payment $1,521/month

1 Day on Market

About This Home

As of February 2017

Located close to downtown Grand Rapids, this duplex is two story with a basement. Each story has its own front porch/balcony, kitchen and bathroom. On the lower level there are two bedrooms and one full bath. On the upper level there is one bedroom and one full bath. The basement can be accessed from the outside of the home with a key. There is also a garage from alley access. Buyer responsible for any well and septic inspections, if applicable. Buyer responsible for any de-winterization and re-winterization fees, if applicable. HUD HOME SOLD AS IS. HUD does not discriminate, and promotes fair and equal housing opportunities for all. Subject to an Appraisal. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 01/11/2017

Bellabay Realty LLC

Last Buyer's Agent

Mark Blashkiw

Blueprint Properties LLC License #6502410373

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52 x 115

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52 x 115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1802.48
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 55000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1802.48
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Feb 13, 2017
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Felten Andrew
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Mark Blashkiw
Blueprint Properties LLC
List Price
$55,000
Sold Price
$58,877
Premium/Discount to List
$3,877
7.05%
Current Estimated Value
$240,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,682
Avg. Annual Appreciation
18.06%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 15, 2014
Sold by
Heyboer William E
Bought by
Wells Fargo Bank Na

Purchase Details

Listed on
Mar 15, 2012
Closed on
May 30, 2012
Sold by
Ellenwood Michael
Bought by
Heyboer William E
Seller's Agent
Nolan Miklusicak
Blueprint Properties LLC
Buyer's Agent
Douglas Mekkes
Fervor Realty
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
Original Mortgage
$41,422
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2011
Sold by
Tejeda Angel and Tejeda Alba
Bought by
Ellenwood Michael

Purchase Details

Closed on
Sep 13, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tejeda Angel and Tejeda Alba

Purchase Details

Closed on
Apr 14, 2010
Sold by
Anderson Tim Dale and Anderson Barbara J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 19, 2009
Sold by
Anderson Tim Dale and Anderson Barbara J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 27, 2004
Sold by
B & P Group Inc
Bought by
Anderson Tim and Anderson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2004
Sold by
First National Acceptance Co Of North Am
Bought by
Futura Casa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2003
Sold by
Futura Casa Llc
Bought by
B & P Group Inc

Purchase Details

Closed on
Oct 23, 2000
Sold by
1St Futura and 1St Nt'L
Bought by
Heyboer William E

Purchase Details

Closed on
Aug 14, 2000
Sold by
Ftr C
Bought by
Castro and Castro Rvera

Purchase Details

Closed on
Aug 10, 2000
Bought by
Ftra Csa Llc and Heyboer William E

Purchase Details

Closed on
Feb 9, 2000

Purchase Details

Closed on
Jun 6, 1997
Sold by
Blase Blase G G and Blase Pardon R
Bought by
Heyboer William E

Purchase Details

Closed on
May 23, 1997
Sold by
Pardon Pardon R R and Pardon Babb J
Bought by
Heyboer Babb J and Heyboer William E

Purchase Details

Closed on
Dec 1, 1994
Sold by
Blase Blase M M and Blase Pardon R
Bought by
Heyboer William E

Purchase Details

Closed on
Aug 8, 1989
Sold by
Haynes Haynes W W and Haynes Blase M
Bought by
Heyboer William E
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
Felten Andrew -- Star Title Agency Llc
The Secretary Of Housing & Urban Develop -- Attorney
Wells Fargo Bank Na $30,000 None Available
Heyboer William E $42,500 None Available
Ellenwood Michael $14,900 None Available
Ellenwood Michael -- None Available
Tejeda Angel $5,000 E Title Agency Inc
Federal Home Loan Mortgage Corp $55,614 None Available
Federal Home Loan Mortgage Corp $49,992 None Available
Anderson Tim $55,000 --
Futura Casa Llc -- --
B & P Group Inc -- --
Heyboer William E $77,000 --
Castro -- --
Ftra Csa Llc $41,000 --
-- -- --
Heyboer William E $28,500 --
Heyboer Babb J $38,000 --
Heyboer William E -- --
Heyboer William E $25,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Synergy Landmark Llc $1,490,250
Closed Felten Andrew $153,750
Closed Felten Andrew $103,500
Previous Owner Heyboer William E $41,422
Previous Owner Anderson Tim $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $58,877 +7.0% --
01/12/2017 01/12/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $55,000 +29.4% --
05/30/2012 05/30/12 Sold $42,500 -14.8% --
04/23/2012 04/23/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $49,900 -- --
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 $2,447 $116,000 $0 $0
2024 $2,447 $107,400 $0 $0
2023 $2,427 $97,100 $0 $0
2022 $2,306 $80,800 $0 $0
2021 $2,247 $72,200 $0 $0
2020 $2,172 $63,400 $0 $0
2019 $2,224 $50,400 $0 $0
2018 $2,246 $40,700 $0 $0
2017 $1,585 $32,800 $0 $0
2016 $1,279 $29,800 $0 $0
2015 $1,802 $29,800 $0 $0
2013 -- $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16058879

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-380-011