$333,000
SOLD OCT 15, 2024
-- Bed
-- Bath
-- Sq Ft
5,489 Sq Ft Lot

Recently Sold

11% Above List Price

7 Days on Market

About This Home

As of October 2024

\Welcome home to your new, fully renovated Grand Rapids duplex! This large side-by-side 2-unit property on the southeast side has a strong rental history and has held onto its original 1920s charm. With both units vacant, this is an awesome opportunity for all! Both units include 3 bedrooms, 1.5 updated bathrooms, and plenty of cozy living space. Other updates include a new roof & new gutters, both installed in 2024. Don't forget to check out the gorgeous hardwood floors throughout and the 8 car parking pad located behind the home. With rental potentials of $1,750 per unit, this duplex is a no brainer. Schedule your private showing today! Highest and best offers due 9/18 at noon.

Last Agent to Sell the Property

Daniel Kolp

MOXIE Real Estate + Development License #6501448312 Listed on: 09/12/2024

Last Buyer's Agent

Andy Smith

EXP Realty (Grand Rapids) License #6502421574

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1925

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 40x139.6

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 8 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,111

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 299000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other, Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Natural Gas Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 40x139.6
  • Lot Size Sq Ft: 5489.0
  • Zoning Description: TN/LDR
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2111.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 15, 2024
Sold by
Mkw Ventures Llc
Bought by
Chittenden Paul
Seller's Agent
Daniel Kolp
MOXIE Real Estate + Development
Buyer's Agent
Andy Smith
EXP Realty (Grand Rapids)
List Price
$299,000
Sold Price
$333,000
Premium/Discount to List
$34,000
11.37%
Total Days on Market
7
Views
10
Current Estimated Value
$328,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,247
Avg. Annual Appreciation
-1.93%
Original Mortgage
$316,350
Outstanding Balance
$314,508
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$14,245

Purchase Details

Closed on
May 30, 2024
Sold by
Smith John Mills
Bought by
Mkw Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Starks Robert Louis and Starks Eirlean
Bought by
Bank One Na and Bear Stearns Asset Backed Securities Inc
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 Type Sale Price Title Company
Warranty Deed $333,000 Irongate Title Agency
Warranty Deed $160,000 Irongate Title Agency
Sheriffs Deed $62,391 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,350 New Conventional
Previous Owner $235,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $333,000 +11.4% --
09/19/2024 09/19/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $299,000 -- --
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 $2,208 $127,700 $0 $0
2023 $2,111 $113,200 $0 $0
2022 $2,082 $94,400 $0 $0
2021 $2,029 $77,700 $0 $0
2020 $1,961 $67,500 $0 $0
2019 $2,200 $57,400 $0 $0
2018 $2,200 $45,000 $0 $0
2017 $1,899 $40,400 $0 $0
2016 $1,908 $38,300 $0 $0
2015 $1,818 $38,300 $0 $0
2013 -- $41,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24048127

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-108-003