NOT LISTED FOR SALE

1415 Logan St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $365,880 - $476,000

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

Last Sold July 17, 2019

Last sale price $257,500

Est. 60% increase in value since last sale

Current estimated payment $2,784/month

4 Days on Market

About This Home

As of July 2019

Wonderful 2-unit home in Eastown neighborhood is a great opportunity for an owner occupant looking for a tenant to help pay the mortgage. Just a short walk to restaurants and shopping, this well-maintained gem features original hardwood flooring and trim embracing the charm and warmth of this turn of the century home. Both units feature 2 spacious bedrooms and 1 bath with the main floor unit offering laundry, large deck, and large basement for storage. The upstairs unit includes a unique front porch overlooking the beautiful neighborhood. Separate utilities, furnaces, and water heaters simplify tenant expenses. This historic home could easily be restored to single family living if desired and an unfinished 900-square foot attic space offers the opportunity for growth. Two parking spaces are located in a quiet alley connected to a large backyard with privacy fence. Home has a newer roof, siding, and furnaces. You don't want to miss out on this fantastic home in a great neighborhood at an unbeatable price. ***Multiple offers have been recieved. Please submit all offers by 3:00pm on Sunday June 16, 2019.

Last Agent to Sell the Property

Julie Rossio

Keller Williams GR East License #6501329153 Listed on: 06/13/2019

Keller Williams GR East

Last Buyer's Agent

David Van Dam

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1908

Lot Details

  • 5,184 Sq Ft Lot

Parking

  • 2 Parking Spaces

Utilities

  • 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 trash collection
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,057

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 249000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

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

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2057.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 17, 2019
Sold by
Allen Kolene M and Isbell Kolene M
Bought by
Pennings Craig A and Pennings Danielle G
Seller's Agent
Julie Rossio
Keller Williams GR East
Buyer's Agent
David Van Dam
Five Star Real Estate (Grandv)
List Price
$249,000
Sold Price
$257,500
Premium/Discount to List
$8,500
3.41%
Current Estimated Value
$411,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,970
Avg. Annual Appreciation
6.74%
Original Mortgage
$193,125
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2003
Sold by
Isbell Benjamin R
Bought by
Isbell Kolene M

Purchase Details

Closed on
Jan 12, 2001
Sold by
Birke Properties Llc
Bought by
Isbell Benjamin R and Isbell Kolene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1996
Bought by
Birke Prop L and Allen Kolene M

Purchase Details

Closed on
Aug 26, 1992
Sold by
Carroll Carroll B B and Carroll Birke R
Bought by
Allen Kolene M

Purchase Details

Closed on
Mar 11, 1986

Purchase Details

Closed on
Jan 3, 1985
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
Pennings Craig A $257,500 Rapide Title
Isbell Kolene M -- --
Isbell Benjamin R $56,000 --
Birke Prop L -- --
Allen Kolene M $20,000 --
-- $3,500 --
-- $3,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pennings Craig A $194,000
Closed Pennings Craig A $194,000
Closed Pennings Craig A $193,125
Previous Owner Allen Kolene $149,600
Previous Owner Allen Kolene M $128,000
Previous Owner Allen Kolene M $16,000
Previous Owner Isbell Benjamin R $139,500
Previous Owner Isbell Benjamin R $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $257,500 +3.4% --
06/17/2019 06/17/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $249,000 -- --
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 $6,141 $169,000 $0 $0
2024 $6,141 $153,500 $0 $0
2023 $5,870 $128,300 $0 $0
2022 $5,790 $118,100 $0 $0
2021 $5,641 $112,000 $0 $0
2020 $5,452 $106,600 $0 $0
2019 $2,122 $92,700 $0 $0
2018 $2,057 $84,100 $0 $0
2017 $2,006 $62,800 $0 $0
2016 $2,016 $57,600 $0 $0
2015 $1,921 $57,600 $0 $0
2013 -- $50,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Rossio

    Seller's Agent in 2019

    Julie Rossio

    Keller Williams GR East

    (616) 460-5716

    1 in this area

    197 Total Sales

    Section Image
  • David Van Dam

    Buyer's Agent in 2019

    David Van Dam

    Five Star Real Estate (Grandv)

    (616) 890-8011

    1 in this area

    107 Total Sales

    Section Image

  • D

    Buyer's Agent in 2019

    David VanDam

    Keller Williams GR East

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19026298

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-227-014

Michigan Kent County Grand Rapids 49506 Eastown

1415 Logan St SE, Grand Rapids, MI

This home is located at 1415 Logan St SE, Grand Rapids, MI 49506 since 13 June 2019 and is currently estimated at $411,470. This property was built in 1908. 1415 Logan 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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