NOT LISTED FOR SALE

1425 Franklin St SE Unit 2 Grand Rapids, MI 49506

Eastown Neighborhood

Estimated Value: $366,000 - $443,000

-- Bed
-- Bath
-- Sq Ft
5,040 Sq Ft Lot

Last Sold October 07, 2015

Last sale price $112,050

Est. 265% increase in value since last sale

Current estimated payment $2,466/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding
  • 2 Car Garage
  • Level Lot

About This Home

As of October 2015

SOLID 2 FAMILY ONE UP ONE DOWN WITH SPLIT UTILITIES. EACH 2 BEDROOM 0NE BATH.
SURROUNDED BY VERY NICE HOMES. THIS WOULD MAKE A GREAT STARTER HOME. RENT ONE UNIT LIVE IN THE OTHER. COULD BE RESTORED TO SINGLE FAMILY.

Last Agent to Sell the Property

Patricia Misner (Jaime)

Berkshire Hathaway HomeServices Michigan Real Estate (Main) Listed on: 08/28/2015

Last Buyer's Agent

Patricia Misner (Jaime)

Berkshire Hathaway HomeServices Michigan Real Estate (Main) Listed on: 08/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,145

Year Built

  • Built in 1920

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 40 x 126
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Stucco

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Shared Water Meter
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,145

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 X 126
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2145.46
  • Tax Info:Zoning3: 2 FAMILY
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding, Stucco
  • List Price: 109000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, 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: 5040.0
  • Zoning Description: 2 FAMILY
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2145.46
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Goodyke Madison P and Goodyke Austin W
Bought by
Jacobus Paul
Current Estimated Value
$409,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$56,655

Purchase Details

Closed on
Mar 10, 2021
Sold by
Goodyke Madison and Buursma Madison
Bought by
Goodyke Madison P and Goodyke Austin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Deur Thomas and Deur Robin
Bought by
Buursma Madison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 7, 2015
Sold by
Estate Of Gregory Frank Taylor
Bought by
Deur Thomas and Deur Robin
Seller's Agent
Patricia Misner (Jaime)
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Patricia Misner (Jaime)
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$109,000
Sold Price
$112,050
Premium/Discount to List
$3,050
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
May 6, 1992
Sold by
Rosendahl Rosendahl K K and Rosendahl Taylor G
Bought by
Taylor Gregory Frank

Purchase Details

Closed on
Nov 30, 1989
Bought by
Taylor Gregory Frank

Purchase Details

Closed on
May 18, 1987
Bought by
Taylor Gregory Frank
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
Jacobus Paul $415,000 Lighthouse Title
Goodyke Madison P -- Sun Title Agency Of Michigan
Buursma Madison $139,000 First American Title Ins Co
Deur Thomas $112,050 None Available
Taylor Gregory Frank $58,000 --
Taylor Gregory Frank $49,000 --
Taylor Gregory Frank $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobus Paul $300,000
Previous Owner Buursma Madison $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $112,050 +2.8% --
09/01/2015 09/01/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $109,000 -- --
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 $3,574 $171,100 $0 $0
2024 $3,574 $155,400 $0 $0
2023 $3,576 $129,700 $0 $0
2022 $3,398 $116,600 $0 $0
2021 $3,315 $110,600 $0 $0
2020 $3,190 $105,300 $0 $0
2019 $3,296 $91,600 $0 $0
2018 $3,190 $84,100 $0 $0
2017 $3,109 $62,800 $0 $0
2016 $2,789 $57,700 $0 $0
2015 $2,145 $57,700 $0 $0
2013 -- $47,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patricia Misner (Jaime)

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15046742

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-279-015

Michigan Kent County Grand Rapids 49506 Eastown

1425 Franklin St SE Unit 2, Grand Rapids, MI

This home is located at 1425 Franklin St SE Unit 2, Grand Rapids, MI 49506 since 28 August 2015 and is currently estimated at $409,031. This property was built in 1920. 1425 Franklin St SE Unit 2 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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