NOT LISTED FOR SALE

Estimated Value: $228,000 - $240,185

-- Bed
-- Bath
-- Sq Ft
6,100 Sq Ft Lot

Last Sold September 19, 2014

Last sale price $54,000

Est. 336% increase in value since last sale

Current estimated payment $1,462/month

20 Days on Market

About This Home

As of September 2014

Great income producer! This property will easily pay for itself over the years. The lower unit has long term tenants, tall ceilings, 2 bedrooms, a living room, good sized kitchen and bathroom. The upper unit has possible 2 bedrooms, living room, large kitchen and bathroom. City Certificate of compliance good till 2018. Also includes a large 2 stall garage, alley access, patio area, off street parking and shared basement with storage and laundry hook ups. Fully rented! Property values and rents are going up in this area as the need for student housing is increasing. The Neighborhood is working on upgrading and updating older buildings, making this a new hot spot with coffee shops and stores on Fulton St, just a couple blocks away. The property at 146-148 Gold Ave SW (4 unit) can be purchase

Last Agent to Sell the Property

Tiffany Ireland

Grand Rapids Realty Listed on: 08/15/2014

Last Buyer's Agent

Jackie Groters

Yonkers Realty LLC License #6501376611

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1885

Lot Details

  • 6,100 Sq Ft Lot

Parking

  • 4 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Gross Income $10,920

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,145

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 69000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6100.0
  • Zoning Description: R-3

Rental Info

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

Multi Family

  • Gross Income: 10920.0

Tax Info

  • Tax Annual Amount: 1145.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2016
Sold by
A Jackson Properties Llc
Bought by
Revive It Llc
Current Estimated Value
$235,296

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 19, 2014
Sold by
Betty & Gayle Llc
Bought by
A Jackson Properties Llc
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Jackie Groters
Yonkers Realty LLC
List Price
$69,000
Sold Price
$54,000
Premium/Discount to List
-$15,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$245,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 29, 2007
Sold by
Hernandez Raul and Barajas Victoriano
Bought by
Betty & Gayle Llc

Purchase Details

Closed on
Jan 8, 2004
Sold by
Betty & Gayle Llc
Bought by
Barajas Victoriano and Hernandez Raul

Purchase Details

Closed on
Apr 18, 1990
Sold by
Butler Butler T T and Butler Teamwork
Bought by
Betty And Gayle Llc

Purchase Details

Closed on
Jul 5, 1983

Purchase Details

Closed on
Jul 4, 1983

Purchase Details

Closed on
Aug 12, 1982
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
Revive It Llc -- Sun Title Agency Of Mi Llc
A Jackson Properties Llc $130,000 None Available
Betty & Gayle Llc -- River Valley Title
Betty & Gayle Llc -- None Available
Barajas Victoriano -- Metropolitan Title Company
Betty & Gayle Llc -- Metropolitan Title Company
Betty And Gayle Llc $35,600 --
-- $27,900 --
-- $24,500 --
-- $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A Jackson Properties Llc $245,000
Closed Revive It Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $54,000 -21.7% --
09/04/2014 09/04/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $69,000 -- --
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 $2,160 $113,800 $0 $0
2024 $2,160 $96,600 $0 $0
2023 $2,143 $84,900 $0 $0
2022 $2,037 $71,400 $0 $0
2021 $1,984 $63,400 $0 $0
2020 $1,918 $56,200 $0 $0
2019 $1,964 $45,000 $0 $0
2018 $1,904 $37,900 $0 $0
2017 $1,857 $32,200 $0 $0
2016 $1,363 $25,400 $0 $0
2015 $1,298 $25,400 $0 $0
2013 -- $22,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14046997

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-307-011