NOT LISTED FOR SALE

1316 Alpine Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $245,000 - $324,000

9 Beds
4 Baths
-- Sq Ft
5,670 Sq Ft Lot

Last Sold February 01, 2013

Last sale price $95,000

Est. 212% increase in value since last sale

Current estimated payment $1,775/month

107 Days on Market

About This Home

As of February 2013

Total cash flow $2875/month, all six units are in compliance, nicely updated, and occupied with current weekly leases. Includes long-term resident in charge of light maintenance requests as part of rent.

Last Agent to Sell the Property

Peter Bruinsma

Grand River Realty License #6502402583 Listed on: 09/25/2012

Last Buyer's Agent

Greg McKee M 37 N. Middleville

CRB Realty LLC License #6502402617

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,971

Year Built

  • Built in 1880

Lot Details

  • 5,670

Parking

  • 12 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Michigan Basement
  • 5,670 Sq Ft Lot

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,971

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 110000.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5670.0
  • Zoning Description: Residental Mult

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1971.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2012
Closed on
Feb 1, 2013
Sold by
Rosales Barbara J
Bought by
Toms Properties Llc
Seller's Agent
Peter Bruinsma
Grand River Realty
Buyer's Agent
Greg McKee M 37 N. Middleville
CRB Realty LLC
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Current Estimated Value
$296,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,126
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Mar 25, 2010
Sold by
Garces Oswaldo
Bought by
Rosales Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,946
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2008
Sold by
Fisher Grace
Bought by
Rosales Barbara J

Purchase Details

Closed on
Jun 14, 2008
Sold by
Rau David A and Rau Norma J
Bought by
Rosales Barbara J

Purchase Details

Closed on
Apr 20, 2000
Sold by
Atchsn Atchsn G G and Atchsn Garces O
Bought by
Garces O and Toms Properties Llc

Purchase Details

Closed on
Jun 12, 1997

Purchase Details

Closed on
May 31, 1994
Sold by
Rau Rau D D and Rau Rosales B
Bought by
Toms Properties Llc

Purchase Details

Closed on
Jun 1, 1983

Purchase Details

Closed on
Aug 27, 1981
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
Toms Properties Llc $95,000 Sun Title Agency Of Mi Llc
Rosales Barbara J -- None Available
Rosales Barbara J -- None Available
Rosales Barbara J -- None Available
Garces O -- --
-- -- --
Toms Properties Llc -- --
-- $68,000 --
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosales Barbara J $67,946
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2013 02/01/13 Sold $95,000 -20.8% --
01/10/2013 01/10/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $119,900 -- --
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 $1,838 $108,000 $0 $0
2024 $1,838 $95,700 $0 $0
2023 $1,824 $82,800 $0 $0
2022 $1,733 $76,900 $0 $0
2021 $1,689 $56,600 $0 $0
2020 $1,632 $55,000 $0 $0
2019 $1,671 $44,500 $0 $0
2018 $1,620 $35,600 $0 $0
2017 $1,580 $35,100 $0 $0
2016 $1,588 $29,600 $0 $0
2015 $1,513 $29,600 $0 $0
2013 -- $38,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Bruinsma

    Seller's Agent in 2013

    Peter Bruinsma

    Grand River Realty

    (616) 293-5731

    8 in this area

    193 Total Sales

    Section Image

  • G

    Buyer's Agent in 2013

    Greg McKee M 37 N. Middleville

    CRB Realty LLC

    (616) 550-4571

    3 in this area

    18 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12052402

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-351-028

Michigan Kent County Grand Rapids 49504 West Grand

1316 Alpine Ave NW, Grand Rapids, MI

This home is located at 1316 Alpine Ave NW, Grand Rapids, MI 49504 since 25 September 2012 and is currently estimated at $298,682. This property was built in 1880. 1316 Alpine Ave NW is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech 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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