NOT LISTED FOR SALE

1411 Giddings Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $301,813 - $335,000

-- Bed
2 Baths
-- Sq Ft
5,184 Sq Ft Lot

Last Sold August 03, 2021

Last sale price $243,000

Est. 29% increase in value since last sale

Current estimated payment $2,066/month

1 Day on Market

About This Home

As of August 2021

Incredible investment opportunity! This charming two unit home features identical floor plans with each unit offering two bedrooms along with one full bathroom and one partial bathroom.

Last Agent to Sell the Property

Ken Cleypool

Value Point Real Estate Listed on: 06/10/2021

Co-Listed By

Tom Dann

Value Point Real Estate License #6502327633

Last Buyer's Agent

Randy Charboneau

Independence Realty (RSC) License #6506045903

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1951

Lot Details

  • 5,184 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,520

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 244000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5184.0
  • Zoning Description: na
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2520.15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 2, 2021
Sold by
Value Point Financial Llc
Bought by
Puisis John Michael
Seller's Agent
Ken Cleypool
Value Point Real Estate
Buyer's Agent
Randy Charboneau
Independence Realty (RSC)
List Price
$244,000
Sold Price
$243,000
Premium/Discount to List
-$1,000
-0.41%
Current Estimated Value
$314,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,294
Avg. Annual Appreciation
6.41%
Original Mortgage
$227,797
Outstanding Balance
$208,766
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$103,536

Purchase Details

Closed on
Mar 25, 2016
Sold by
Wells Fargo Bank Na
Bought by
Value Point Financial Llc

Purchase Details

Closed on
Jan 14, 2015
Sold by
Buchanan Brian T
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 14, 2005
Sold by
Clements Jessie P and Hill Todd
Bought by
Buchanan Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,620
Interest Rate
6.37%
Mortgage Type
FHA
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
Puisis John Michael $243,000 Fatic
Value Point Financial Llc $65,501 Attorney
Wells Fargo Bank Na $65,250 None Available
Buchanan Brian T $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puisis John Michael $227,797
Previous Owner Buchanan Brian T $109,620
Previous Owner Clements Jessie P $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $243,000 -0.4% --
06/11/2021 06/11/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $244,000 -- --
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
2025 $4,242 $142,600 $0 $0
2024 $4,242 $131,700 $0 $0
2023 $4,245 $115,000 $0 $0
2022 $4,033 $94,300 $0 $0
2021 $2,509 $84,100 $0 $0
2020 $2,425 $72,800 $0 $0
2019 $2,605 $59,600 $0 $0
2018 $2,526 $48,900 $0 $0
2017 $2,464 $41,200 $0 $0
2016 $1,950 $36,700 $0 $0
2015 $2,712 $36,700 $0 $0
2013 -- $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Ken Cleypool

    Value Point Real Estate

    (616) 299-2987

    7 in this area

    55 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tom Dann

    Value Point Real Estate

    (616) 363-6678

    7 in this area

    39 Total Sales

    Section Image
  • Randy Charboneau

    Buyer's Agent in 2021

    Randy Charboneau

    Independence Realty (RSC)

    (616) 262-0001

    10 in this area

    96 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21021869

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-260-024

Michigan Kent County Grand Rapids 49506 South East End

1411 Giddings Ave SE, Grand Rapids, MI

This home is located at 1411 Giddings Ave SE, Grand Rapids, MI 49507 since 10 June 2021 and is currently estimated at $319,453. This property was built in 1951. 1411 Giddings Ave SE is a home located in Kent County with nearby schools including Mulick Park 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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