NOT LISTED FOR SALE

1416 Sherman St SE Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $311,435 - $374,000

-- Bed
-- Bath
1,676 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $215,000 $128 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,234/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2020

Charming Eastown 2 unit property. Unit 1 access from beautiful front porch perched above the street. Unit 2 access around side with newer wood stairs from unit to front and back yard down to patio. Nice size shed in shady back yard for storage. Upper unit has 1 bedroom and was fully updated in 2018 with refinished wood floors, new paint, ceilings, counter tops and stainless steel appliances, nice vanity and re-coated cast iron soaker tub. Lower unit has 2 bedrooms with original hardwood floors throughout, new paint, updated bathroom with new vanity and tile shower and re-coated bathtub. Kitchen in lower unit needs updating. Michigan basement has new furnace in 2018 for lower unit, room for storage, laundry area and access to outside. Backyard opens to alley with potential for a driveway.

Last Agent to Sell the Property

Sandra Bailey-Bristol

Howard Hanna Real Estate Executives License #6506040391 Listed on: 07/07/2020

Last Buyer's Agent

Tammy Jo Budzynski

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1920

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • Alley Access

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,119

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1920
  • Lot Size Acres: 0.12
  • Lot Size: 40x125
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1676.0
  • General Property Info:Lot Size Dimensions: 40x125
  • General Property Info:Above Grade Finished Area: 1676.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 3119.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 Story
  • General Property Info:_pound_ of Units: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Exterior Entry, Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Alley Access
  • Attached Garage: No
  • Parking Features:Alley Access: Yes
  • General Property Info:Parking Total: Street/Alley

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Grand Rapids

Lot Info

  • Lot Size Sq Ft: 5009.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jul 31, 2020
Sold by
Johnson Connor J and Johnson Connor
Bought by
Budzynski Craig
Seller's Agent
Sandra Bailey-Bristol
Howard Hanna Real Estate Executives
Buyer's Agent
Tammy Jo Budzynski
Non Member Office
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Current Estimated Value
$334,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,859
Avg. Annual Appreciation
9.08%

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 8, 2017
Sold by
Payne Nichol and Garnsay Nichol
Bought by
Johnson Connor J
Seller's Agent
Mackenzie Bonzelaar
Bosgraaf Properties of Michigan LLC
Buyer's Agent
Mackenzie Bonzelaar
Bosgraaf Properties of Michigan LLC
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$132,554
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 7, 2014
Closed on
Jun 16, 2014
Sold by
Young Amy
Bought by
Payne Nichol
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Tim Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$99,000
Sold Price
$99,900
Premium/Discount to List
$900
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$98,090
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2007
Sold by
Holwerda Rentals Llc
Bought by
Waterfront Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,541
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2007
Sold by
Holwerda Rentals Llc
Bought by
Waterfront Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,541
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2000
Sold by
Hlwrd Rntl
Bought by
Young Yung A and Young Amy

Purchase Details

Closed on
Oct 25, 1995
Sold by
Holwerda Holwerda and Holwerda Rn
Bought by
Young Amy

Purchase Details

Closed on
Jul 27, 1993
Sold by
Morrone Morrone R R and Morrone Holwerda
Bought by
Young Amy

Purchase Details

Closed on
Jan 18, 1986
Bought by
Young Amy

Purchase Details

Closed on
Mar 10, 1980
Bought by
Young Amy
Source: Public Records

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 Buyer Sale Price Title Company
Budzynski Craig $215,000 None Available
Johnson Connor J $135,000 Premier Lakeshore Title Agen
Payne Nichol $99,900 Sun Title Agency Of Mi Llc
Young Amy $65,000 Sun Title Agency Of Mi Llc
Waterfront Investment Co Llc -- None Available
Waterfront Investment Co Llc -- None Available
Young Yung A $65,000 --
Young Amy -- --
Young Amy $26,000 --
Young Amy $6,000 --
Young Amy $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Connor J $132,554
Previous Owner Payne Nichol $98,090
Previous Owner Waterfront Investment Co Llc $185,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $215,000 +7.6% $128 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $199,900 +48.1% $119 / Sq Ft
08/23/2017 08/23/17 Sold $135,000 +3.8% --
07/17/2017 07/17/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $130,000 +30.1% --
06/13/2014 06/13/14 Sold $99,900 +0.9% --
04/02/2014 04/02/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $99,000 -- --
Source: Greater Lansing 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 $5,091 $135,700 $0 $0
2024 $5,091 $122,100 $0 $0
2023 $5,050 $101,400 $0 $0
2022 $4,799 $94,600 $0 $0
2021 $4,676 $89,600 $0 $0
2020 $3,019 $85,200 $0 $0
2019 $3,119 $73,800 $0 $0
2018 $3,019 $68,800 $0 $0
2017 $2,077 $51,700 $0 $0
2016 $2,093 $47,000 $0 $0
2015 $1,976 $47,000 $0 $0
2013 -- $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sandra Bailey-Bristol

    Howard Hanna Real Estate Executives

  • T

    Buyer's Agent in 2020

    Tammy Jo Budzynski

    Non Member Office

  • M

    Seller's Agent in 2017

    Mackenzie Bonzelaar

    Bosgraaf Properties of Michigan LLC

  • R

    Seller's Agent in 2014

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image
  • Tim Anders

    Buyer's Agent in 2014

    Tim Anders

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-1467

    4 in this area

    365 Total Sales

    Tim Anders
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247496

Greater Lansing Association of Realtors®

APN: 41-14-32-276-006

Michigan Kent County Grand Rapids 49506 Eastown

1416 Sherman St SE, Grand Rapids, MI

This home is located at 1416 Sherman St SE, Grand Rapids, MI 49506 since 07 July 2020 and is currently estimated at $334,859, approximately $199 per square foot. This property was built in 1920. 1416 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.

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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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