NOT LISTED FOR SALE

147 Prospect Ave NE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $550,762 - $634,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold November 15, 2018

Last sale price $300,000

Est. 98% increase in value since last sale

Current estimated payment $3,978/month

44 Days on Market

Highlights

  • Cooling Available
  • Hot Water Heating System
  • High Speed Internet

About This Home

As of November 2018

Heritage Hill Real Estate! Amazing craftsmanship, design, and attention to detail. This 3 unit is charming! Outstanding location with walking distance to local Colleges, Hospitals, and downtown entertainment! Property offers a two car garage and an additional 6 parking spaces. The first unit is available for rent and the third will be available after 9/5/18/ The middle until is currently leased. Wonderful opportunity for an investor or owner occupant! Call today for a showing!

Last Agent to Sell the Property

Brandon Faber

JH Realty Partners License #6502378711 Listed on: 08/27/2018

Last Buyer's Agent

Kay Courtney

Courtney, Kay License #6502130581

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slate Roof

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,532

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 329900.0
  • Number of Buildings: 1
  • Roof: Slate
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5531.51
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Nov 15, 2018
Sold by
Lagrand David M and Lagrand Melissa J
Bought by
Prospect St Llc
Seller's Agent
Brandon Faber
JH Realty Partners
Buyer's Agent
Kay Courtney
Courtney, Kay
List Price
$359,900
Sold Price
$300,000
Premium/Discount to List
-$59,900
-16.64%
Current Estimated Value
$595,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,441
Avg. Annual Appreciation
10.19%
Original Mortgage
$225,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2009
Sold by
Knauf Andrew T
Bought by
Peterson Marcia B and Peterson Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Bought by
Knauf Knauf A and Knauf A

Purchase Details

Closed on
May 31, 1996
Sold by
Denyes Denyes D D and Denyes Brosky J
Bought by
Peterson Brosky J and Peterson Marcia B Stephen M

Purchase Details

Closed on
Sep 21, 1994
Sold by
Denyes Denyes J J and Denyes D
Bought by
Peterson Marcia B Stephen M

Purchase Details

Closed on
Nov 4, 1988

Purchase Details

Closed on
Jan 18, 1988

Purchase Details

Closed on
Mar 18, 1987

Purchase Details

Closed on
May 16, 1984

Purchase Details

Closed on
Apr 30, 1983

Purchase Details

Closed on
Dec 2, 1980
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
Prospect St Llc -- None Available
Lagrand David M $300,000 None Available
Peterson Marcia B $234,000 Trans
Knauf Knauf A $195,000 --
Peterson Brosky J $145,000 --
Peterson Marcia B Stephen M -- --
-- $100 --
-- $83,000 --
-- $70,000 --
-- $83,000 --
-- $26,000 --
-- $24,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prospect St Llc $500,000
Open River Bed Investors Llc $1,000,000
Closed Lagrand David M $225,000
Previous Owner Peterson Marcia B $175,500
Previous Owner Knauf Andrew T $180,050
Previous Owner Knauf Andrew T $188,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $300,000 -16.6% --
10/10/2018 10/10/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $359,900 -- --
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 $8,812 $291,900 $0 $0
2024 $8,812 $271,200 $0 $0
2023 $8,741 $236,000 $0 $0
2022 $8,307 $232,800 $0 $0
2021 $8,094 $206,900 $0 $0
2020 $7,823 $184,700 $0 $0
2019 $8,010 $150,100 $0 $0
2018 $5,561 $155,600 $0 $0
2017 $5,425 $128,200 $0 $0
2016 $5,451 $110,700 $0 $0
2015 $5,194 $110,700 $0 $0
2013 -- $100,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brandon Faber

    JH Realty Partners

    (616) 644-1199

    82 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Kay Courtney

    Courtney, Kay

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18042325

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-180-005

Michigan Kent County Grand Rapids 49503 Heritage Hill

147 Prospect Ave NE, Grand Rapids, MI

This home is located at 147 Prospect Ave NE, Grand Rapids, MI 49503 since 27 August 2018 and is currently estimated at $595,441. This property was built in 1890. 147 Prospect Ave NE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, 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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