NOT LISTED FOR SALE

131 Leonard St NE Grand Rapids, MI 49503

Creston Neighborhood

Estimated Value: $316,000 - $385,368

4 Beds
3 Baths
-- Sq Ft
9,545 Sq Ft Lot

Last Sold June 13, 2014

Last sale price $68,000

Est. 415% increase in value since last sale

Current estimated payment $2,196/month

30 Days on Market

About This Home

As of June 2014

Nice big 3 unit. Outstanding money maker. All tenants on month to month rentals and all are long term tenants. Property generates approximately $1600 monthly income. Convenient location with bus stop at front door.

Last Agent to Sell the Property

David Michael

Weichert REALTORS Plat (Main) License #6501154546 Listed on: 03/03/2014

Weichert REALTORS Plat (Main)

Last Buyer's Agent

Greg McKee M 37 N. Middleville

CRB Realty LLC License #6502402617

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1881

Lot Details

  • 9,545

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 9,545 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1881
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 72900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9545.0

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Russell Samuel and Russell Anna Backett
Bought by
131 Leonard Llc
Current Estimated Value
$350,092

Purchase Details

Closed on
Jul 21, 2017
Sold by
131 Leonard Llc
Bought by
Russell Samuel and Russell Anna Beckett

Purchase Details

Closed on
Feb 21, 2017
Sold by
131 Leonard Llc
Bought by
Russell Samuel and Russell Anna Beckett

Purchase Details

Closed on
Dec 18, 2014
Sold by
Russell Samuel Marc J
Bought by
131 Leonard Llc

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jun 13, 2014
Sold by
Rinzema Scott and Rinzema Sherri
Bought by
Russell Samuel
Seller's Agent
David Michael
Weichert REALTORS Plat (Main)
Buyer's Agent
Greg McKee M 37 N. Middleville
CRB Realty LLC
List Price
$72,900
Sold Price
$68,000
Premium/Discount to List
-$4,900
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$51,675
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 28, 2014
Sold by
Rinzema Scott and Rinzema Sherri
Bought by
Rinzema Scott R and Rinzema Sherri L
Seller's Agent
David Michael
Weichert REALTORS Plat (Main)
Buyer's Agent
Greg McKee M 37 N. Middleville
CRB Realty LLC
List Price
$72,900
Sold Price
$68,000
Premium/Discount to List
-$4,900
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,675
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2001
Sold by
King James D and King Bonnie K
Bought by
Rinzema Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,450
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1998
Sold by
William W Brickey Jr Trust Agreement
Bought by
King James D and King Bonnie K

Purchase Details

Closed on
Jan 11, 1995
Sold by
Velting Velting R R and Velting Brickey
Bought by
Rinzema Brickey and Rinzema Scott

Purchase Details

Closed on
Jan 10, 1995
Sold by
Norman Va and Norman Jd
Bought by
Norman Jd and Rinzema Scott

Purchase Details

Closed on
Jan 9, 1995
Sold by
Herweyer Herweyer D D and Herweyer Velting
Bought by
Rinzema Velting and Rinzema Scott

Purchase Details

Closed on
Jan 8, 1995
Sold by
Herweyer Herweyer D D and Herweyer Norman J
Bought by
Rinzema Scott

Purchase Details

Closed on
Jun 28, 1994
Sold by
Paxson Paxson K K and Paxson Brickey W
Bought by
Rinzema Scott

Purchase Details

Closed on
Oct 6, 1993
Sold by
Paxson Paxson K K and Paxson K
Bought by
Rinzema Scott

Purchase Details

Closed on
May 13, 1987
Bought by
Rinzema Scott

Purchase Details

Closed on
Apr 2, 1984
Sold by
Norman Rauser R and Norman Jd
Bought by
Rinzema Scott
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
131 Leonard Llc -- Title Resource Agency
Russell Samuel -- Title Resource Agency
Russell Samuel -- Title Resource Agency
131 Leonard Llc -- None Available
Russell Samuel $68,000 Group Title Agency Services
Rinzema Scott R -- None Available
Rinzema Scott $70,500 --
King James D $59,900 --
King King J $59,900 --
Rinzema Brickey $31,000 --
Norman Jd -- --
Rinzema Velting $22,000 --
Rinzema Scott -- --
Rinzema Scott -- --
Rinzema Scott -- --
Rinzema Scott $43,500 --
Rinzema Scott $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Samuel $51,675
Previous Owner Rinzema Scott $65,000
Previous Owner Rinzema Scott $63,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $68,000 -6.7% --
04/02/2014 04/02/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $72,900 -- --
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 $3,499 $168,600 $0 $0
2024 $3,499 $142,800 $0 $0
2023 $3,470 $120,200 $0 $0
2022 $3,298 $120,000 $0 $0
2021 $3,214 $94,700 $0 $0
2020 $3,106 $83,700 $0 $0
2019 $3,180 $73,300 $0 $0
2018 $3,083 $58,200 $0 $0
2017 $2,360 $48,600 $0 $0
2016 $2,371 $44,200 $0 $0
2015 $2,260 $44,200 $0 $0
2013 -- $46,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Michael

    Weichert REALTORS Plat (Main)

    (616) 453-7232

    20 Total Sales

    David Michael
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14009322

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-382-027

Michigan Kent County Grand Rapids 49503 Creston

131 Leonard St NE, Grand Rapids, MI

This home is located at 131 Leonard St NE, Grand Rapids, MI 49503 since 03 March 2014 and is currently estimated at $350,092. This property was built in 1881. 131 Leonard St NE is a home located in Kent County with nearby schools including Palmer School, Riverside Middle School, and Union 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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