NOT LISTED FOR SALE

Estimated Value: $288,000 - $370,000

4 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold November 24, 2015

Last sale price $115,000

Est. 182% increase in value since last sale

Current estimated payment $2,088/month

22 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot
  • 2 Car Garage

About This Home

As of November 2015

Grand Rapids Real Estate. Multi-family property with 2 units. Each unit features arched doorways, front living room and spacious open kitchen. Both have two bedrooms fit with hardwood flooring and one full bath. Lower level is unfinished and holds shared laundry area. Backyard is fenced and shaded by large trees with each unit having their own back entry. All utilities are separate between units except water. This could be an owner occupant or an excellent investment property!

Last Agent to Sell the Property

Kevin Yoder

Keller Williams GR East Listed on: 09/02/2015

Last Buyer's Agent

Michael Painter

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 100x120
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Parking

  • 2 Car Garage
  • Unpaved Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1960
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 100x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2540.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: 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
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 124750.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

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

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2540.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Nov 24, 2015
Sold by
Hunt Michael D and Hunt Wendy Lou
Bought by
Vandenbosch Chad
Seller's Agent
Kevin Yoder
Keller Williams GR East
Buyer's Agent
Michael Painter
RE/MAX of Grand Rapids (FH)
List Price
$124,750
Sold Price
$115,000
Premium/Discount to List
-$9,750
-7.82%
Current Estimated Value
$324,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,619
Avg. Annual Appreciation
10.80%
Original Mortgage
$92,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Link Mary Jane and Link William P
Bought by
Hunt Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1999
Sold by
Link Link W W and Link M
Bought by
Hunt Michael D

Purchase Details

Closed on
Jan 3, 1992
Sold by
Lee Lee L L and Lee Link W
Bought by
Hunt Michael D

Purchase Details

Closed on
Mar 1, 1985
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
Vandenbosch Chad $115,000 None Available
Hunt Michael D $125,000 None Available
Hunt Michael D -- --
Hunt Michael D $52,000 --
-- $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandenbosch Chad $75,000
Previous Owner Vandenbosch Chad $92,000
Previous Owner Hunt Michael D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $115,000 -7.8% --
09/24/2015 09/24/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $124,750 -- --
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 $3,858 $142,000 $0 $0
2024 $3,858 $131,300 $0 $0
2023 $3,827 $112,800 $0 $0
2022 $3,637 $97,400 $0 $0
2021 $3,545 $81,600 $0 $0
2020 $3,425 $76,700 $0 $0
2019 $2,910 $69,200 $0 $0
2018 $2,817 $65,100 $0 $0
2017 $2,746 $62,300 $0 $0
2016 $2,766 $58,400 $0 $0
2015 $2,596 $58,400 $0 $0
2013 -- $49,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15047565

Southwestern Michigan Association of REALTORS®

APN: 41-13-16-355-005