NOT LISTED FOR SALE

1320 Eastern Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $173,975 - $212,000

-- Bed
-- Bath
-- Sq Ft
4,835 Sq Ft Lot

Last Sold October 17, 2022

Last sale price $183,000

Est. 7% increase in value since last sale

Current estimated payment $1,381/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2022

Amazing owner-occupied side-by-side two-unit opportunity in the heart of Grand Rapids! If you're looking to house hack (own and live in), expand your real estate portfolio, or begin investing then this is the place for you! Excellent rental history with long-term tenants & leases in place month to month! This two-family property allows for driveway parking & offers off-street parking for guests! Located perfectly near major downtown stores, restaurants, medical facilities, and GVSU. The first unit offers 3 good-sized bedrooms, 1 bath with large vanity, & updated kitchen & dining area. The second unit features a studio apartment style layout, with a kitchen, eating area, bedroom, bath & living area. Units have separate furnaces and separate electricity. Schedule your showing today!

Last Agent to Sell the Property

Ryan Prichard

Keller Williams Realty Rivertown Listed on: 09/07/2022

Co-Listed By

Wyatt Hawkins

Keller Williams Realty Rivertown

Last Buyer's Agent

Henry Steffes

Matic Realty Group LLC License #650243394

Matic Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1922

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 46.64x104.00

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,805

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 175000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 46.64x104.00
  • Lot Size Sq Ft: 4835.0
  • Zoning Description: Res- Multi Fam
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1804.85
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 17, 2022
Sold by
Helmus Anthony
Bought by
Kramer Richard John
Seller's Agent
Ryan Prichard
Keller Williams Realty Rivertown
Buyer's Agent
Henry Steffes
Matic Realty Group LLC
List Price
$175,000
Sold Price
$183,000
Premium/Discount to List
$8,000
4.57%
Total Days on Market
8
Views
4
Current Estimated Value
$195,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,994
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jul 12, 2019
Sold by
Union Suites Llc
Bought by
Helmus Anthony
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Joshua Howard
Keller Williams GR East
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.50%
Original Mortgage
$106,043
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jul 15, 2015
Sold by
Menerey Noah J and Menerey Heather J
Bought by
Union Suites Llc
Seller's Agent
Rachael Veldkamp
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Tom Ralston
Ralston Realty - I
List Price
$65,000
Sold Price
$58,480
Premium/Discount to List
-$6,520
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%

Purchase Details

Closed on
Aug 11, 2000
Bought by
Menerey Menerey N and Menerey H

Purchase Details

Closed on
Aug 28, 1996
Sold by
Recker Recker R R and Recker Devries J
Bought by
Menerey Noah J Heather J
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
Kramer Richard John $182,000 --
Helmus Anthony $108,000 None Available
Union Suites Llc $58,480 First American Title Ins Co
Menerey Menerey N $50,000 --
Menerey Noah J Heather J $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helmus Anthony $106,043
Previous Owner Menerey Noah J $57,450
Previous Owner Menerey Noah J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $183,000 +4.6% --
09/08/2022 09/08/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $175,000 0.0% --
09/02/2022 09/02/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $175,000 +62.0% --
07/12/2019 07/12/19 Sold $108,000 -9.9% --
06/19/2019 06/19/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $119,900 +105.0% --
07/15/2015 07/15/15 Sold $58,480 -10.0% $35 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $65,000 -- $38 / Sq Ft
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
2024 $3,358 $72,600 $0 $0
2023 $3,295 $64,100 $0 $0
2022 $1,850 $53,600 $0 $0
2021 $1,805 $48,500 $0 $0
2020 $1,737 $41,300 $0 $0
2019 $1,418 $34,800 $0 $0
2018 $1,375 $29,900 $0 $0
2017 $1,341 $25,200 $0 $0
2016 $1,348 $22,500 $0 $0
2015 $1,140 $22,500 $0 $0
2013 -- $21,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ryan Prichard

    Keller Williams Realty Rivertown

  • W

    Seller Co-Listing Agent in 2022

    Wyatt Hawkins

    Keller Williams Realty Rivertown

  • Henry Steffes

    Buyer's Agent in 2022

    Henry Steffes

    Matic Realty Group LLC

    (616) 293-8298

    1 in this area

    70 Total Sales

    Henry Steffes
    Section Image

  • A

    Seller's Agent in 2019

    Anthony DeBartolo

    DeBartolo Realty - I

    (616) 459-3581

    10 in this area

    241 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Joshua Howard

    Keller Williams GR East

  • Lucas Howard

    Buyer Co-Listing Agent in 2019

    Lucas Howard

    Keller Williams GR East

    (616) 893-6478

    28 in this area

    1,292 Total Sales

    Lucas Howard
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22037552

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-104-005

Michigan Kent County Grand Rapids 49507 South East End

1320 Eastern Ave SE, Grand Rapids, MI

This home is located at 1320 Eastern Ave SE, Grand Rapids, MI 49507 since 07 September 2022 and is currently estimated at $195,994. This property was built in 1922. 1320 Eastern Ave SE is a home located in Kent County with nearby schools including Mulick Park Elementary School, Alger Middle School, and Ottawa Hills 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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