NOT LISTED FOR SALE

1323 Hamilton Ave NW Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $307,000 - $381,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 17, 2020

Last sale price $250,000

Est. 38% increase in value since last sale

Current estimated payment $2,348/month

3 Days on Market

About This Home

As of April 2020

4 Plex On The NW Side With Steady Rental History! 3 Units Currently Occupied + 1 Vacant (That Was Previously Rented). Separate Utilities + Off Street Parking. Showings will be allowed On Saturdays ONLY From 2-6 PM.

Last Agent to Sell the Property

Mark Brace

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502368851 Listed on: 03/12/2020

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Michael VanderWoude

Edison Brokers & Co LLC License #6502399417

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1900

Lot Details

  • 6,098

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 6,098 Sq Ft Lot

Community Details

  • 4 Units
  • Gross Income $2,905

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,327

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 248900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2905.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2327.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 17, 2020
Sold by
Schmid Mark Alan and Schmid Mark A
Bought by
Wenz Joshua and Bickley Patricia
Seller's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Michael VanderWoude
Edison Brokers & Co LLC
List Price
$248,900
Sold Price
$250,000
Premium/Discount to List
$1,100
0.44%
Total Days on Market
3
Current Estimated Value
$345,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,913
Avg. Annual Appreciation
6.35%
Original Mortgage
$187,500
Outstanding Balance
$167,238
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$176,294

Purchase Details

Closed on
Feb 24, 2015
Sold by
Schmid Mark and Tjoelker Frank
Bought by
Schmid Mark Alan and Schmid Mark A

Purchase Details

Closed on
Jan 3, 2007
Sold by
Breen Todd M
Bought by
Lasalle Bank Na and Securitized Asset Investment Loan Trust

Purchase Details

Closed on
Apr 27, 2004
Sold by
Triple Crown Enterprises Inc
Bought by
Breen Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
8.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2001
Sold by
Poe Patricia C and Borucki Tamara Lynne
Bought by
Fannon Scott D and Fannon Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 1997
Sold by
Poe Poe P P and Poe P
Bought by
Poe Poe P and Poe Brcki T

Purchase Details

Closed on
Nov 14, 1991
Sold by
Rlty S and Rlty H
Bought by
Schmid Mark Tjoelker Frank

Purchase Details

Closed on
Aug 30, 1991
Sold by
Rlty S and Rlty H
Bought by
Schmid Mark Tjoelker Frank

Purchase Details

Closed on
May 13, 1987

Purchase Details

Closed on
May 12, 1987
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
Wenz Joshua $250,000 Title Resource Agency
Schmid Mark Alan $56,000 Sun Title Agency Of Mi Llc
Lasalle Bank Na $146,017 None Available
Breen Todd M -- Metropolitan Title Company
Fannon Scott D $115,500 --
Poe Poe P -- --
Schmid Mark Tjoelker Frank -- --
Schmid Mark Tjoelker Frank $58,200 --
-- $39,400 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenz Joshua $187,500
Previous Owner Breen Todd M $139,500
Previous Owner Fannon Scott D $103,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $250,000 +0.4% --
03/15/2020 03/15/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $248,900 -- --
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 $4,988 $170,500 $0 $0
2024 $4,988 $143,200 $0 $0
2023 $4,948 $124,400 $0 $0
2022 $4,698 $116,400 $0 $0
2021 $4,407 $87,800 $0 $0
2020 $2,273 $85,200 $0 $0
2019 $2,328 $68,600 $0 $0
2018 $2,256 $55,200 $0 $0
2017 $2,201 $47,600 $0 $0
2016 $2,212 $39,900 $0 $0
2015 $2,338 $39,900 $0 $0
2013 -- $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Brace

    Seller's Agent in 2020

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 447-7025

    19 in this area

    890 Total Sales

    Mark Brace
    Section Image
  • Michael VanderWoude

    Buyer's Agent in 2020

    Michael VanderWoude

    Edison Brokers & Co LLC

    (616) 914-1556

    1 in this area

    50 Total Sales

    Michael VanderWoude
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20009631

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-378-018

Michigan Kent County Grand Rapids 49504 West Grand

1323 Hamilton Ave NW, Grand Rapids, MI

This home is located at 1323 Hamilton Ave NW, Grand Rapids, MI 49504 since 12 March 2020 and is currently estimated at $343,532. This property was built in 1900. 1323 Hamilton 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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