$319,000
SOLD NOV 22, 2024

1412 Sherman St SE Grand Rapids, MI 49506

Eastown Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,009 Sq Ft Lot

Recently Sold

2 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2024

Great opportunity for investor or owner occupant duplex in Eastown. Hardwood floors and tons of character in this two family. Main floor is two bedrooms a nice kitchen and has rented for 1600 per month. Upstairs is a one bedroom with projected rent of 1200 per month. Immediate occupancy is available . see it today

Last Agent to Sell the Property

Tom Zandee

Five Star Real Estate (M6) License #6501257930

Five Star Real Estate (M6)

Last Buyer's Agent

Kathryn Scheffler

Keller Williams GR North License #6501424443

Keller Williams GR North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1916

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40x127

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

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

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,027

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 319000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X127
  • Lot Size Sq Ft: 5009.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4027.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Nov 27, 2024
Sold by
Hammond Erica and Hammond Wesley
Bought by
Harvey Mitchell
Seller's Agent
Tom Zandee
Five Star Real Estate (M6)
Buyer's Agent
Kathryn Scheffler
Keller Williams GR North
List Price
$319,000
Sold Price
$319,000
Total Days on Market
2
Views
23
Current Estimated Value
$320,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,512
Avg. Annual Appreciation
-0.76%
Original Mortgage
$287,100
Outstanding Balance
$286,573
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$31,266

Purchase Details

Closed on
Sep 20, 2022
Sold by
Hammond Erica
Bought by
Hammond Erica and Hammond Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2020
Sold by
C L B Properties Llc
Bought by
Hammond Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,341
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 1999
Sold by
Ven Anthny
Bought by
Bandyk S and Clb Properties Llc

Purchase Details

Closed on
Dec 20, 1998
Sold by
Anthny Stnwtr
Bought by
Anthny and Clb Properties Llc

Purchase Details

Closed on
Nov 26, 1996
Sold by
Demots Demots S S and Demots Stonewater
Bought by
Stonewater and Clb Properties Llc

Purchase Details

Closed on
Aug 5, 1993
Sold by
Dekok Dekok J J and Dekok Demots S
Bought by
Clb Properties Llc

Purchase Details

Closed on
Aug 4, 1993
Sold by
Lumsden Lumsden D D and Lumsden Dekok J
Bought by
Clb Properties Llc

Purchase Details

Closed on
Jul 3, 1990
Sold by
Atkinson Atkinson R R and Atkinson Lumsden D
Bought by
Clb Properties Llc

Map

Range of Values:

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Average Value
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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 $319,000 Star Title
Warranty Deed $319,000 Star Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed $202,000 None Available
Warranty Deed $62,600 --
Quit Claim Deed -- --
Warranty Deed $47,500 --
Warranty Deed $43,300 --
Warranty Deed $20,000 --
Warranty Deed $9,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,100 New Conventional
Closed $287,100 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $198,341 FHA
Previous Owner $16,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $319,000 0.0% --
10/23/2024 10/23/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $319,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,995 $128,700 $0 $0
2023 $4,017 $107,000 $0 $0
2022 $3,815 $99,700 $0 $0
2021 $3,725 $94,400 $0 $0
2020 $2,311 $89,700 $0 $0
2019 $2,366 $77,700 $0 $0
2018 $2,294 $72,200 $0 $0
2017 $2,238 $54,100 $0 $0
2016 $2,248 $49,200 $0 $0
2015 $2,142 $49,200 $0 $0
2013 -- $40,600 $0 $0
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24055341

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-276-005

Michigan Kent County Grand Rapids 49506 Eastown

1412 Sherman St SE, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 1412 Sherman St SE, Grand Rapids, MI 49506 and is currently priced at $319,000. This property was built in 1916. 1412 Sherman 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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