NOT LISTED FOR SALE

Estimated Value: $186,000 - $224,714

-- Bed
-- Bath
-- Sq Ft
5,271 Sq Ft Lot

Last Sold April 19, 2019

Last sale price $68,000

Est. 210% increase in value since last sale

Current estimated payment $1,345/month

3 Days on Market

About This Home

As of April 2019

Excellent investor opportunity. As is. Heaters have been inspected and running. Neighbor allows access to the back of the property for tenants parking but that will stop with new buyers. He is willing to sale part of his property to add a driveway and approved by the city. No problems with tenants of any kind. Rent is always pay on time. Rooms are very spacious. Great For Owner/Occupied. Separate Gas.

Last Agent to Sell the Property

Andrea Sesma

Greenridge Realty (EGR) License #6501395871 Listed on: 04/08/2019

Last Buyer's Agent

Jennifer Jordan

RE/MAX of Grand Rapids (FH) License #6501397586

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1900

Lot Details

  • 5,271

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Crawl Space
  • 5,271 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $11,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,166

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: Crawl Space

Exterior Features

  • List Price: 70000.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Natural Gas, Wall Furnace, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5271.0
  • Zoning Description: 0
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 11400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1166.3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Apr 19, 2019
Sold by
Perez Rudy Aguilar
Bought by
Rumsey Ventures Llc
Seller's Agent
Andrea Sesma
Greenridge Realty (EGR)
Buyer's Agent
Jennifer Jordan
RE/MAX of Grand Rapids (FH)
List Price
$80,000
Sold Price
$68,000
Premium/Discount to List
-$12,000
-15%
Total Days on Market
3
Current Estimated Value
$210,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,679
Avg. Annual Appreciation
20.29%

Purchase Details

Closed on
Dec 22, 2003
Sold by
Ramirez Primitivo M and Ramirez Marisela
Bought by
Perez Rudy Aguilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,195
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1999
Sold by
Morales Morales H H and Morales Ramirez P
Bought by
Perez Ramirez P and Perez Rudy Aguilar

Purchase Details

Closed on
Jun 1, 1990
Sold by
Jones Jones J J and Jones Morales H
Bought by
Perez Rudy Aguilar

Purchase Details

Closed on
Nov 1, 1978
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
Rumsey Ventures Llc $68,000 Chicago Title Of Mi Inc
Perez Rudy Aguilar $89,900 --
Perez Ramirez P $22,500 --
Perez Rudy Aguilar $4,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Rudy Aguilar $84,000
Previous Owner Perez Rudy Aguilar $21,000
Previous Owner Perez Rudy Aguilar $89,195
Previous Owner Ramirez Primitivo Martinez $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $68,000 -15.0% --
04/11/2019 04/11/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $80,000 -- --
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 $2,725 $90,800 $0 $0
2023 $2,703 $76,400 $0 $0
2022 $2,569 $60,100 $0 $0
2021 $2,503 $53,600 $0 $0
2020 $2,471 $47,300 $0 $0
2019 $1,205 $43,300 $0 $0
2018 $1,166 $31,800 $0 $0
2017 $1,137 $27,100 $0 $0
2016 $1,146 $27,300 $0 $0
2015 $1,079 $27,300 $0 $0
2013 -- $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19006506

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-104-028