NOT LISTED FOR SALE

1436 Lafayette Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $184,000 - $256,000

-- Bed
-- Bath
-- Sq Ft
3,484 Sq Ft Lot

Last Sold April 01, 2015

Last sale price $33,000

Est. 545% increase in value since last sale

Current estimated payment $1,324/month

35 Days on Market

About This Home

As of April 2015

Just city certified -- two bedroom lower and one bedroom upper. Happy tenants don't want to move. Rents are low, $400 each but discussion has begun to raise rent a little. Newer carpet and flooring has been installed, and units were painted a year or so ago. Property has newer electrical service, and vinyl siding and newer windows. Nice rental, very nice price!

Last Agent to Sell the Property

Denis Taatjes

Independence Realty (Main) License #6501287885 Listed on: 02/12/2015

Co-Listed By

Rochelle Wilkes-Esiline

Independence Realty (Main) License #6501369271

Last Buyer's Agent

Doug Mol

Five Star Real Estate (Main)

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 3,484 Sq Ft Lot
  • Lot Dimensions are 30x117

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 30x117
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1500.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: 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:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 37900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2017
Sold by
Mclauley Benjamin and Mclauley Sarah
Bought by
Creston Gr Lofts Llc
Current Estimated Value
$212,981

Purchase Details

Listed on
Feb 12, 2015
Closed on
Mar 31, 2015
Sold by
Wilkes Properties Llc
Bought by
Mccauley Benjamin and Mccauley Sarah
Seller's Agent
Denis Taatjes
Independence Realty (Main)
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$39,900
Sold Price
$33,000
Premium/Discount to List
-$6,900
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%

Purchase Details

Listed on
Jul 20, 2012
Closed on
Oct 31, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wilkes Properties Llc
Seller's Agent
Michael O`Hara
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Michael O`Hara
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$26,000
Sold Price
$13,500
Premium/Discount to List
-$12,500
-48.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.04%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Smith Smith K K and Smith E
Bought by
Stearns G and Wilkes Properties Llc

Purchase Details

Closed on
Jun 25, 1998
Sold by
Smith Smith K K and Smith E
Bought by
Wilkes Properties Llc

Purchase Details

Closed on
Feb 17, 1998
Bought by
Smith K and Wilkes Properties Llc

Purchase Details

Closed on
Jan 8, 1997
Sold by
Midfirst Bk and Dhud Midfirst
Bought by
Wilkes Properties Llc

Purchase Details

Closed on
Aug 14, 1996
Sold by
Verheek Verheek S S and Verheek Midfirst
Bought by
Wilkes Properties Llc

Purchase Details

Closed on
Feb 14, 1996
Sold by
Midfirst Sh and Midfirst Bank
Bought by
Wilkes Properties Llc

Purchase Details

Closed on
Jun 25, 1990
Sold by
Redder Redder M M and Redder Verheek S
Bought by
Wilkes Properties Llc

Purchase Details

Closed on
Feb 8, 1990
Bought by
Wilkes Properties Llc

Purchase Details

Closed on
Dec 23, 1986
Bought by
Wilkes Properties Llc
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
Creston Gr Lofts Llc -- None Available
Mccauley Benjamin $33,000 Essential Title Agency Llc
Wilkes Properties Llc $13,500 Etitle Agency Inc
Stearns G -- --
Wilkes Properties Llc -- --
Smith K $21,100 --
Wilkes Properties Llc -- --
Wilkes Properties Llc -- --
Wilkes Properties Llc -- --
Wilkes Properties Llc $24,000 --
Wilkes Properties Llc -- --
Wilkes Properties Llc $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creston Gr Lofts Llc $221,000
Previous Owner Stearns Gregory J $12,500
Previous Owner Stearns Gregory J $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $33,000 -17.3% --
03/19/2015 03/19/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $39,900 +195.6% --
11/19/2012 11/19/12 Sold $13,500 -48.1% --
09/27/2012 09/27/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $26,000 -- --
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 $1,960 $89,200 $0 $0
2024 $1,960 $75,900 $0 $0
2023 $1,944 $65,300 $0 $0
2022 $1,847 $57,400 $0 $0
2021 $1,800 $51,900 $0 $0
2020 $1,740 $47,000 $0 $0
2019 $1,781 $39,800 $0 $0
2018 $1,727 $32,600 $0 $0
2017 $1,443 $27,100 $0 $0
2016 $1,450 $27,400 $0 $0
2015 $1,345 $27,400 $0 $0
2013 -- $28,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Denis Taatjes

    Independence Realty (Main)

  • R

    Seller Co-Listing Agent in 2015

    Rochelle Wilkes-Esiline

    Independence Realty (Main)

  • Doug Mol

    Buyer's Agent in 2015

    Doug Mol

    Five Star Real Estate (Main)

    (616) 667-9677

    8 in this area

    128 Total Sales

    Doug Mol
    Section Image

  • M

    Seller's Agent in 2012

    Michael O`Hara

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (616) 291-3875

    1 in this area

    100 Total Sales

    Michael O`Hara
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15005779

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-337-005

Michigan Kent County Grand Rapids 49505 Creston

1436 Lafayette Ave NE, Grand Rapids, MI

This home is located at 1436 Lafayette Ave NE, Grand Rapids, MI 49505 since 12 February 2015 and is currently estimated at $212,981. This property was built in 1940. 1436 Lafayette Ave NE is a home located in Kent County with nearby schools including Kent Hills School, Riverside Middle School, and Union 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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