NOT LISTED FOR SALE

Estimated Value: $229,493 - $289,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $150,000

Est. 74% increase in value since last sale

Current estimated payment $1,604/month

3 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Garage
  • High Speed Internet
  • Forced Air Heating System

About This Home

As of April 2018

Don't miss out on this ready to move-in investment property on the fast-growing NW side of Grand Rapids. This great home is separated into two bedrooms one full bath, large kitchen with appliances included. Upper level has a brand new renovated kitchen, dishwasher with two bedrooms and one full bath. Both units have all new flooring, newer replacement windows and anew furnace in 2016. Don't miss on on this great opportunity. Schedule your showing today.

Last Agent to Sell the Property

Keith Cardosa

Greenridge Realty (Kentwood) Listed on: 03/20/2018

Last Buyer's Agent

Teresa Visser

Visser Appraisals, Ltd. License #6502380358

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.5x117.43

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,226

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 37.5x117.43
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1226.45
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Stucco
  • List Price: 139900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 37.5x117.43
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1226.45
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Apr 30, 2018
Sold by
Park Davis Invesetment Llc
Bought by
Berghuis Michael T and Berghuis Michael Timothy
Seller's Agent
Keith Cardosa
Greenridge Realty (Kentwood)
Buyer's Agent
Teresa Visser
Visser Appraisals, Ltd.
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
Current Estimated Value
$260,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,873
Avg. Annual Appreciation
7.81%
Original Mortgage
$120,000
Outstanding Balance
$103,639
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$157,234

Purchase Details

Closed on
Apr 17, 2008
Sold by
Burrows Pamela Grace
Bought by
Parkdavis Investments Llc

Purchase Details

Closed on
Sep 9, 2003
Sold by
Peddie Michael T and Peddie Aimee
Bought by
Burrows Pamela Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,335
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2003
Sold by
Beemer Betty and Peddie Gayle
Bought by
Teamwork

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,335
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2003
Sold by
Dekker Wayne M and Dekker Joann
Bought by
Teamwork

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,335
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 1999
Sold by
Brchtng Pdde G
Bought by
Brchtng and Parkdavis Investments Llc

Purchase Details

Closed on
Mar 31, 1993
Sold by
Dekker Schoen G and Dekker Tst
Bought by
Parkdavis Investments Llc

Purchase Details

Closed on
Nov 4, 1988
Source: Public Records

Range of Values:

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Average Value
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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
Berghuis Michael T $150,000 Chicago Title Of Michigan
Parkdavis Investments Llc -- None Available
Burrows Pamela Grace $85,100 --
Teamwork -- --
Peddie Michael T $60,000 --
Teamwork $46,000 --
Brchtng -- --
Parkdavis Investments Llc $26,000 --
-- $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berghuis Michael T $120,000
Previous Owner Burrows Pamela Grace $72,335
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $150,000 +7.2% --
03/23/2018 03/23/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $139,900 -- --
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 $2,325 $107,800 $0 $0
2024 $2,325 $98,200 $0 $0
2023 $2,306 $89,300 $0 $0
2022 $1,807 $73,900 $0 $0
2021 $1,763 $65,700 $0 $0
2020 $1,697 $58,400 $0 $0
2019 $1,753 $39,600 $0 $0
2018 $1,006 $33,700 $0 $0
2017 $1,185 $28,500 $0 $0
2016 $1,191 $26,000 $0 $0
2015 $1,134 $26,000 $0 $0
2013 -- $21,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18010327

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-353-025