NOT LISTED FOR SALE

1400 Dunham St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $375,000 - $404,000

-- Bed
-- Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $350,000

Est. 12% increase in value since last sale

Current estimated payment $2,614/month

17 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Steam
  • Wood Siding

About This Home

As of July 2022

Excellent location, historic charm, and income producing! Investors or owner occupants check out this 2-unit multifamily located in Eastown close to EGR and Ottawa Hills. House has been well maintained and is fully rented and is currently certified by GR. Home offers an upper unit with 4 bedrooms and 1 bath ($1,800 - leased through May 2022). The lower unit is a 2 bedroom with 1 bath ($1,400 -leased through June 2022).

Last Agent to Sell the Property

Michael Spiegel

The Local Element License #6501421459 Listed on: 05/23/2022

Last Buyer's Agent

Phil Elburn

Keller Williams GR North (Main) License #6501291849

Keller Williams GR North (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,328

Year Built

  • Built in 1917

Lot Details

  • 6,011

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Utilities

  • Cooling Available
  • Window Unit Heating System
  • Heating System Uses Steam

Additional Features

  • Michigan Basement
  • 6,011 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,328

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding, Brick, Stucco
  • List Price: 350000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Steam
  • Heating: Yes
  • Utilities: Telephone Line

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6011.0
  • Zoning Description: Multifamily
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 19, 2022
Sold by
Matthew Macksood
Bought by
Neiss Trevor and Mcgrath John
Seller's Agent
Michael Spiegel
The Local Element
Buyer's Agent
Phil Elburn
Keller Williams GR North (Main)
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$393,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,515
Avg. Annual Appreciation
3.10%
Original Mortgage
$262,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 15, 2022
Sold by
Trevor Neiss
Bought by
1400 Dunham St Se Llc
Seller's Agent
Michael Spiegel
The Local Element
Buyer's Agent
Phil Elburn
Keller Williams GR North (Main)
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 16, 2020
Sold by
Beeke Investments Llc
Bought by
Macksood Matthew
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Michael Spiegel
The Local Element
List Price
$269,900
Sold Price
$276,000
Premium/Discount to List
$6,100
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$266,788
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2020
Sold by
Friends With Properties Llc
Bought by
Beeke Investments Llc

Purchase Details

Closed on
Jul 7, 2020
Sold by
Swinehart Joseph D and Swinehart Julie M
Bought by
Friends With Properties Llc

Purchase Details

Listed on
Jun 16, 2015
Closed on
Aug 4, 2015
Sold by
Berghuis Charles A and Berghuis Jill E
Bought by
Swinehart Joseph D and Swinehart Julie M
Seller's Agent
Thomas Ellens
Weichert REALTORS Plat (Main)
Buyer's Agent
Rachael Veldkamp
RE/MAX of Grand Rapids (FH)
List Price
$164,900
Sold Price
$166,000
Premium/Discount to List
$1,100
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$124,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2003
Sold by
Plichta Kevin P and Plichta Michelle
Bought by
Charles A & Jill E Berghuis Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,902
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 1997
Bought by
Berghuis Plichta K and Berghuis Charles Jill Family T

Purchase Details

Closed on
Jun 12, 1992
Sold by
Freeman Freeman H H and Freeman Brinks J
Bought by
Berghuis Charles Jill Family Trust
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
Neiss Trevor $350,000 Bell Title
1400 Dunham St Se Llc -- None Listed On Document
Macksood Matthew $276,000 Sun Title
Beeke Investments Llc $220,000 Nations Title Agency
Friends With Properties Llc -- Accommodation
Swinehart Joseph D $166,000 Chicago Title
Charles A & Jill E Berghuis Family Trust $118,000 Metropolitan Title Company
Berghuis Plichta K $56,500 --
Berghuis Charles Jill Family Trust $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neiss Trevor $262,500
Previous Owner Macksood Matthew $266,788
Previous Owner Swinehart Joseph D $124,500
Previous Owner Charles A & Jill E Berghuis Family Trust $114,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $350,000 0.0% --
05/27/2022 05/27/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $350,000 0.0% --
05/16/2022 05/16/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $350,000 +26.8% --
10/16/2020 10/16/20 Sold $276,000 +2.3% --
08/24/2020 08/24/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $269,900 +62.6% --
08/03/2015 08/03/15 Sold $166,000 +0.7% $109 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $164,900 -- $108 / Sq Ft
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 $6,328 $164,500 $0 $0
2024 $6,328 $145,600 $0 $0
2023 $6,258 $120,800 $0 $0
2022 $4,510 $107,900 $0 $0
2021 $4,401 $102,100 $0 $0
2020 $3,112 $96,700 $0 $0
2019 $3,186 $82,900 $0 $0
2018 $3,089 $74,900 $0 $0
2017 $3,013 $56,600 $0 $0
2016 $3,028 $51,000 $0 $0
2015 $2,443 $51,000 $0 $0
2013 -- $46,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Spiegel

    Seller's Agent in 2022

    Michael Spiegel

    The Local Element

    (616) 308-3507

    3 in this area

    55 Total Sales

    Michael Spiegel
    Section Image

  • P

    Buyer's Agent in 2022

    Phil Elburn

    Keller Williams GR North (Main)

    (616) 498-3120

    1 in this area

    46 Total Sales

    Phil Elburn
    Section Image

  • R

    Seller's Agent in 2020

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image

  • T

    Seller's Agent in 2015

    Thomas Ellens

    Weichert REALTORS Plat (Main)

    (616) 890-2936

    62 Total Sales

    Thomas Ellens
    Section Image
  • Rachael Veldkamp

    Buyer's Agent in 2015

    Rachael Veldkamp

    RE/MAX Michigan

    (616) 325-2951

    2 in this area

    136 Total Sales

    Rachael Veldkamp
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22017009

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-277-001

Michigan Kent County Grand Rapids 49506 Eastown

1400 Dunham St SE, Grand Rapids, MI

This home is located at 1400 Dunham St SE, Grand Rapids, MI 49506 since 23 May 2022 and is currently estimated at $393,515. This property was built in 1917. 1400 Dunham St 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.
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