NOT LISTED FOR SALE

1322 Prospect Ave SE Grand Rapids, MI 49507

Southeast Community Association Neighborhood

Estimated Value: $167,000 - $190,649

-- Bed
-- Bath
-- Sq Ft
4,756 Sq Ft Lot

Last Sold October 02, 2019

Last sale price $90,000

Est. 102% increase in value since last sale

Current estimated payment $1,210/month

46 Days on Market

About This Home

As of October 2019

Madison Square excellent opportunity to buy a duplex. Walking distance to library, supermarket, close to downtown and 131 expressway.Cetificate of Compliance through 02/28/2022. 2 bedroom each apartment. Property does need some updates. To be sold in as is condition.

Last Agent to Sell the Property

Rui DeOliveira

RE/MAX SunQuest Realty License #6501288319 Listed on: 08/10/2019

RE/MAX SunQuest Realty

Last Buyer's Agent

Rui DeOliveira

RE/MAX SunQuest Realty License #6501288319 Listed on: 08/10/2019

RE/MAX SunQuest Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1910

Lot Details

  • 4,756

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 4,756 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,201

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 109000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4756.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1201.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
J & S Assets Llc
Bought by
Evans Robert
Current Estimated Value
$181,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Outstanding Balance
$71,900
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$109,512

Purchase Details

Closed on
Aug 28, 2014
Sold by
Belay Getahun T and Chkole Webensh T
Bought by
J & S Assets Llc

Purchase Details

Closed on
Sep 10, 2012
Sold by
Coriano Rebecca
Bought by
Belay Getahun T

Purchase Details

Closed on
Apr 13, 2012
Sold by
Mda Fund Viii Llc
Bought by
8 Mile Holding

Purchase Details

Closed on
Apr 13, 2010
Sold by
8 Mile Holding Llc
Bought by
Cortiano Rebeca

Purchase Details

Closed on
Apr 6, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 18, 2009
Sold by
Jpmorgan Chase Bank
Bought by
Multi Distressed Asset Fund Viii Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
Sinay Alberto
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 12, 2006
Sold by
Vanfarowe Brian and Vanfarowe Rajini
Bought by
Sinay Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2004
Sold by
Vanfarowe Brian
Bought by
Macatawa Bank

Purchase Details

Closed on
Sep 28, 2000
Sold by
Vnfrw Vnfrw B B and Vnfrw Sinay A
Bought by
Belay Sinay A and Belay Getathun

Purchase Details

Closed on
Jun 9, 2000
Bought by
Belay Vanfarow B and Belay Getathun

Purchase Details

Closed on
Feb 23, 1994
Sold by
Schltz Schultz
Bought by
Belay Getathun

Purchase Details

Closed on
Dec 15, 1993
Sold by
Hall Hall T T and Hall Schultz L
Bought by
Belay Getathun

Purchase Details

Closed on
Jun 29, 1992
Sold by
Schultz Schultz L L and Schultz Hall T
Bought by
Belay Getathun

Purchase Details

Closed on
Sep 20, 1991
Sold by
Millr Est and Millr Schultz L
Bought by
Belay Getathun

Purchase Details

Closed on
Jan 16, 1985
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Evans Robert $90,000 Stewart Title
J & S Assets Llc $38,000 Chicago Title Of Mi Inc
Belay Getahun T $11,000 None Available
8 Mile Holding $2,671 Madison Title Agency Llc
Cortiano Rebeca $4,800 Madison Title Agency Llc
Jpmorgan Chase Bank National Association -- None Available
Multi Distressed Asset Fund Viii Llc $3,200 None Available
Washington Mutual Bank $47,237 None Available
Sinay Alberto $40,000 Nationwide Title Clearing In
Macatawa Bank -- --
Belay Sinay A -- --
Belay Vanfarow B $15,000 --
Belay Getathun $5,000 --
Belay Getathun -- --
Belay Getathun -- --
Belay Getathun $7,200 --
-- $7,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Robert $71,900
Previous Owner Sinay Alberto $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2019 10/02/19 Sold $90,000 -5.2% --
09/25/2019 09/25/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $94,900 -- --
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 $2,684 $71,900 $0 $0
2024 $2,684 $62,400 $0 $0
2023 $1,988 $55,500 $0 $0
2022 $2,176 $46,300 $0 $0
2021 $2,256 $42,000 $0 $0
2020 $1,846 $36,100 $0 $0
2019 $1,155 $30,200 $0 $0
2018 $1,155 $26,000 $0 $0
2017 $1,127 $21,900 $0 $0
2016 $1,132 $21,100 $0 $0
2015 $1,079 $21,100 $0 $0
2013 -- $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rui DeOliveira

    Seller's Agent in 2019

    Rui DeOliveira

    RE/MAX Michigan

    1 in this area

    78 Total Sales

    Rui DeOliveira
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19038519

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-129-022

Michigan Kent County Grand Rapids 49507 Southeast Community Association

1322 Prospect Ave SE, Grand Rapids, MI

This home is located at 1322 Prospect Ave SE, Grand Rapids, MI 49507 since 10 August 2019 and is currently estimated at $181,412. This property was built in 1910. 1322 Prospect Ave SE is a home located in Kent County with nearby schools including Campus 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes