NOT LISTED FOR SALE

1401 Broadway Ave NW Unit 4 Grand Rapids, MI 49504

West Grand Neighborhood

Estimated Value: $265,000 - $295,000

-- Bed
-- Bath
-- Sq Ft
5,280 Sq Ft Lot

Last Sold October 03, 2014

Last sale price $58,500

Est. 388% increase in value since last sale

Current estimated payment $1,751/month

174 Days on Market

About This Home

As of October 2014

Decent West Side 4 Unit under professional management. Apt#3 will be vacated in April. 2 Stall garage with off-street parking available from Myrtle St. Certification expired.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 04/11/2014

Last Buyer's Agent

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 04/11/2014

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 5,280 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 64900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5280.0
  • Zoning Description: multi

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2016
Sold by
Ernie Llc
Bought by
Wells Gregory Allan and Wells Michele Diane
Current Estimated Value
$285,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$75,407
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$210,245

Purchase Details

Listed on
Apr 11, 2014
Closed on
Oct 14, 2014
Sold by
Fugere Gilbert P and Fugere Barbara R
Bought by
Ernie Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Anthony DeBartolo
DeBartolo Realty - I
List Price
$74,900
Sold Price
$58,500
Premium/Discount to List
-$16,400
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%

Purchase Details

Closed on
Dec 23, 1991
Sold by
Post Post L L and Post Fugere G
Bought by
Fugere Gilbert P Barbara R

Purchase Details

Closed on
Dec 4, 1986
Bought by
Fugere Gilbert P Barbara R

Purchase Details

Closed on
May 29, 1981
Bought by
Fugere Gilbert P Barbara R
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
Wells Gregory Allan $125,000 None Available
Ernie Llc $58,500 None Available
Fugere Gilbert P Barbara R $35,000 --
Fugere Gilbert P Barbara R $19,000 --
Fugere Gilbert P Barbara R $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Gregory Allan $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $58,500 -21.9% --
10/02/2014 10/02/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $74,900 -- --
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 $2,842 $139,900 $0 $0
2024 $2,842 $125,500 $0 $0
2023 $2,819 $108,900 $0 $0
2022 $2,679 $101,800 $0 $0
2021 $2,610 $77,000 $0 $0
2020 $2,523 $74,600 $0 $0
2019 $2,583 $60,000 $0 $0
2018 $2,504 $47,700 $0 $0
2017 $2,443 $44,100 $0 $0
2016 $2,066 $38,500 $0 $0
2015 $1,968 $38,500 $0 $0
2013 -- $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Anthony DeBartolo

    DeBartolo Realty - I

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14016971

Southwestern Michigan Association of REALTORS®

APN: 41-13-13-332-026

Michigan Kent County Grand Rapids 49504 West Grand

1401 Broadway Ave NW Unit 4, Grand Rapids, MI

This home is located at 1401 Broadway Ave NW Unit 4, Grand Rapids, MI 49504 since 11 April 2014 and is currently estimated at $285,652. This property was built in 1910. 1401 Broadway Ave NW Unit 4 is a home located in Kent County with nearby schools including Harrison Elementary 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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