NOT LISTED FOR SALE

14 Gold Ave SW Unit 4 Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $230,000 - $373,000

-- Bed
-- Bath
-- Sq Ft
6,100 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $130,000

Est. 121% increase in value since last sale

Current estimated payment $1,940/month

2 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 3-minute walk to Lexington Park

About This Home

As of July 2019

4 one bedroom units rented by the week. Building is 134 years old according to the city. Property does need some maintenance. Certificate expires in Sept. 2019. Building to be sold ''As Is''.

Last Listed By

John Markosky

Starner Realty License #6501073244 Listed on: 07/15/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1885

Lot Details

  • 6,100

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,100 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $2,504
  • Operating Expense $11,775
  • Gross Income $21,320
  • Net Operating Income $7,942

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,613

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 139000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6100.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 21320.0
  • Maintenance Expense: 2504.0
  • Net Operating Income: 7942.0
  • Number of Units Total: 4
  • Operating Expense: 11775.0

Tax Info

  • Tax Annual Amount: 2613.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Jul 26, 2019
Sold by
Rop Marilyn Jean
Bought by
Hagist Jonab
Seller's Agent
John Markosky
Starner Realty
Buyer's Agent
James Marshall
United Realty Services LLC
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Total Days on Market
2
Current Estimated Value
$287,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,089
Original Mortgage
$250,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 24, 2014
Sold by
Boersma John
Bought by
Boersma John and Rop Marilyn Jean

Purchase Details

Closed on
Mar 7, 2006
Sold by
Bergsma Roger W and Bergsma Shirley A
Bought by
Boersma John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1987
Sold by
Fransen Elizabeth
Bought by
Bergsma Roger W Shirley A and Boersma John

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
Hagist Jonab $130,000 Irongate Title Agency Llc
Boersma John -- None Available
Boersma John $38,000 Crossroads Title
Bergsma Roger W Shirley A $15,000 --
Bergsma Roger W $15,000 Crossroads Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagist Jonah $91,000
Open Hagist Jonah $257,000
Closed Hagist Jonah $250,000
Previous Owner Boersma John $18,500
Previous Owner Boersma John $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $130,000 -6.5% --
07/17/2019 07/17/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $139,000 -- --
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 $4,188 $123,400 $0 $0
2023 $4,154 $105,200 $0 $0
2022 $3,949 $98,600 $0 $0
2021 $3,847 $74,800 $0 $0
2020 $3,718 $72,700 $0 $0
2019 $2,583 $58,900 $0 $0
2018 $2,504 $47,900 $0 $0
2017 $2,443 $46,200 $0 $0
2016 $2,471 $44,100 $0 $0
2015 $1,644 $44,100 $0 $0
2013 -- $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Markosky

    Starner Realty

  • J

    Buyer's Agent in 2019

    James Marshall

    United Realty Services LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19033006

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-303-008

Michigan Kent County Grand Rapids 49504 SWAN

14 Gold Ave SW Unit 4, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 14 Gold Ave SW Unit 4, Grand Rapids, MI 49504 since 15 July 2019 and is currently estimated at $287,089. This property was built in 1885. 14 Gold Ave SW Unit 4 is a home located in Kent County with nearby schools including Shawmut Hills School, Westwood Middle School, and Union 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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