NOT LISTED FOR SALE

148 Lexington Ave NW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $342,000 - $412,000

5 Beds
4 Baths
2,000 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $215,000 $108 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,298/month

59 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Living Room
  • Contemporary Architecture
  • Eat-In Kitchen
  • 3-minute walk to Lexington Park

About This Home

As of June 2017

Income Property. 5 bedroom 4 Bath home that is completely remodeled........New roof, siding, windows floor coverings, fixtures, trim, and paint. This home is a gem and is fully leased through 07/31/2018. Driveway is being replaced and current survey being done. Rents with 5 Tenants thru 07/31/17 for $2,375/month....contract for 08/05/17 thru 07/31/18 will have 4 Tenants and rent for $1,900/month. Tenants pay for utilities.

Last Agent to Sell the Property

Shawn Suits

SOS Properties LLC Listed on: 04/03/2017

Last Buyer's Agent

Shawn Suits

SOS Properties LLC Listed on: 04/03/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1930

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 52 x 100

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Mineral Rights Excluded

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2000.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2000.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 2000.0
  • General Property Info Garage YN: No
  • Architectural Style:Contemporary: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Michigan Basement
  • LivingArea: 2000.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 225000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 52 x 100
  • Lot Size Sq Ft: 5200.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Ferwerda Daniel and Ferwerda Daniel M
Bought by
The Daniel Group Llc
Current Estimated Value
$373,598

Purchase Details

Listed on
Apr 3, 2017
Closed on
Jun 22, 2017
Sold by
Nibor Ii Llc
Bought by
Ferwerda Daniel
Seller's Agent
Shawn Suits
SOS Properties LLC
Buyer's Agent
Shawn Suits
SOS Properties LLC
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$161,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2002
Sold by
Kosiba Kazimierz and Kosiba Kazimiera
Bought by
Nibor Ii Llc

Purchase Details

Closed on
Nov 20, 1996
Sold by
Bohatch Bohatch J J and Bohatch Kosiba K
Bought by
Kosiba Kazimierz and Nibor Ii Llc

Purchase Details

Closed on
Jan 13, 1990
Sold by
Bohatch Bohatch J J and Bohatch Kosiba K
Bought by
Nibor Ii 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
The Daniel Group Llc -- None Available
Ferwerda Daniel $215,000 None Available
Nibor Ii Llc $69,000 --
Kosiba Kazimierz $17,200 --
Nibor Ii Llc $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferwerda Daniel $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $215,000 -4.4% $108 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $225,000 -- $113 / Sq Ft
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 $3,685 $181,900 $0 $0
2024 $3,685 $164,200 $0 $0
2023 $3,655 $133,200 $0 $0
2022 $3,474 $121,000 $0 $0
2021 $3,385 $106,300 $0 $0
2020 $3,272 $89,100 $0 $0
2019 $3,247 $72,300 $0 $0
2018 $3,247 $61,300 $0 $0
2017 $2,042 $49,300 $0 $0
2016 $2,052 $45,000 $0 $0
2015 $1,955 $45,000 $0 $0
2013 -- $27,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Shawn Suits

    SOS Properties LLC

    (616) 443-3637

    9 Total Sales

    Shawn Suits
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17013590

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-154-003

Michigan Kent County Grand Rapids 49504 SWAN

148 Lexington Ave NW, Grand Rapids, MI

This home is located at 148 Lexington Ave NW, Grand Rapids, MI 49504 since 03 April 2017 and is currently estimated at $373,598, approximately $186 per square foot. This property was built in 1930. 148 Lexington Ave NW is a home located in Kent County with nearby schools including Sibley School, Westwood 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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