NOT LISTED FOR SALE

1422 Edward Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $309,000 - $447,000

-- Bed
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 12, 2015

Last sale price $117,500

Est. 200% increase in value since last sale

Current estimated payment $2,156/month

125 Days on Market

About This Home

As of January 2015

Great Investment Opportunity. Nice side by side duplex on 1 1/2 lots with 2 car garage. One side has 3 bedrooms and the other side is a 2 bedroom. Both sides have 1 1/2 baths plus unfinished basement. Units are both currently rented. Located near East GR, Aquinas and Calvin College. Great investment opportunity. Must see to truly appreciate.

Last Agent to Sell the Property

Marilyn Hazard

Keller Williams GR North (Main) License #6502384091 Listed on: 07/22/2014

Keller Williams GR North (Main)

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,949

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 125000.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Public Sewer

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: NA

Rental Info

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

Tax Info

  • Tax Annual Amount: 1949.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Mar 13, 2015
Sold by
Haikin Mikhail and Haikin Olga
Bought by
1422-1424 Edward Avenue Llc
Seller's Agent
Marilyn Hazard
Keller Williams GR North (Main)
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$130,000
Sold Price
$117,500
Premium/Discount to List
-$12,500
-9.62%
Current Estimated Value
$352,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,533
Avg. Annual Appreciation
10.32%

Purchase Details

Listed on
Jul 22, 2014
Closed on
Jan 6, 2015
Sold by
Schulte Christina A and Price Susan A
Bought by
Haikin Mikhail and Haikin Olga
Seller's Agent
Marilyn Hazard
Keller Williams GR North (Main)
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$130,000
Sold Price
$117,500
Premium/Discount to List
-$12,500
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,125
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1996
Sold by
Goodale Goodale C C and Goodale Price S
Bought by
Price Price S and Price Susan A Moubray Christin

Purchase Details

Closed on
Jul 21, 1993
Sold by
Blandford Blandford T T and Goodale Blandford
Bought by
Price Susan A Moubray Christina A

Purchase Details

Closed on
Nov 20, 1981
Bought by
Price Susan A Moubray Christina A
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
1422-1424 Edward Avenue Llc -- None Available
Haikin Mikhail $117,500 Sun Title Agency Of Kwn Llc
Price Price S $93,000 --
Price Susan A Moubray Christina A $62,000 --
Price Susan A Moubray Christina A $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haikin Mikhail $88,125
Previous Owner Moubray Christina A $114,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $117,500 -9.6% --
11/24/2014 11/24/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $130,000 -- --
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 $2,855 $153,300 $0 $0
2024 $2,855 $143,000 $0 $0
2023 $2,729 $125,700 $0 $0
2022 $2,691 $103,500 $0 $0
2021 $2,622 $92,800 $0 $0
2020 $2,534 $78,900 $0 $0
2019 $2,595 $66,100 $0 $0
2018 $2,516 $55,700 $0 $0
2017 $2,454 $46,100 $0 $0
2016 $2,613 $40,900 $0 $0
2015 $2,047 $40,900 $0 $0
2013 -- $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Hazard

    Seller's Agent in 2015

    Marilyn Hazard

    Keller Williams GR North (Main)

    (616) 299-9944

    1 in this area

    60 Total Sales

    Marilyn Hazard
    Section Image

  • A

    Buyer's Agent in 2015

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    9 in this area

    132 Total Sales

    Allison Koetsier
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14042028

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-260-005

Michigan Kent County Grand Rapids 49507 South East End

1422 Edward Ave SE, Grand Rapids, MI

This home is located at 1422 Edward Ave SE, Grand Rapids, MI 49507 since 22 July 2014 and is currently estimated at $352,033. This property was built in 1962. 1422 Edward 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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