NOT LISTED FOR SALE

15 Quimby St NE Unit 17 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $325,000 - $386,906

9 Beds
4 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold December 28, 2023

Last sale price $295,000

Est. 18% increase in value since last sale

Current estimated payment $2,481/month

67 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of December 2023

Current rents total $3,800 per month with tenants each paying their own gas and electric. Wonderful 4 unit with long term tenants on month to month leases. There is also a coin operated laundry on the main floor. Compliance Certificate is good to late 2025. Saturday showings only between 10:00AM and 5PM.

Last Listed By

Brian Clinger

Coldwell Banker Schmidt Realtors License #6506046721 Listed on: 09/29/2023

Coldwell Banker Schmidt Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 50' x 1
  • Wooded Lot

Home Design

  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Michigan Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $750
  • Maintenance Expense $700
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,780

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 325000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected

Lot Info

  • Lot Dimensions: 50' x 1
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 25200.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 700.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2780.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Jan 12, 2024
Sold by
Dongmo Jehu and Dongmo Virginie
Bought by
15 Quimby Llc
Seller's Agent
Brian Clinger
Coldwell Banker Schmidt Realtors
Buyer's Agent
Lisa Stewart
Greenridge Realty (EGR)
List Price
$380,000
Sold Price
$295,000
Premium/Discount to List
-$85,000
-22.37%
Total Days on Market
67
Views
41
Current Estimated Value
$348,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,227
Avg. Annual Appreciation
11.91%
Original Mortgage
$221,250
Outstanding Balance
$218,941
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$124,826

Purchase Details

Listed on
Sep 29, 2023
Closed on
Dec 28, 2023
Sold by
Crump Gloria Mae
Bought by
Dongmo Jehu and Kapchie Virginie
Seller's Agent
Brian Clinger
Coldwell Banker Schmidt Realtors
Buyer's Agent
Lisa Stewart
Greenridge Realty (EGR)
List Price
$380,000
Sold Price
$295,000
Premium/Discount to List
-$85,000
-22.37%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$218,941
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$124,826

Purchase Details

Closed on
Mar 4, 2017
Sold by
Crump Darren Walter and Crump Jacqueline Aril
Bought by
Crump Randall Clare and Crump Gloria Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2017
Sold by
Korstangs Nicholas Charles
Bought by
Crump Randall Clare and Crump Gloria Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2017
Sold by
Anderson Dena Ann
Bought by
Crump Randall Clare and Crump Gkorie Rapids

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2012
Sold by
Crump Randall C and Estate Of Linda I Crump
Bought by
Crump Randall C

Purchase Details

Closed on
Aug 6, 2004
Sold by
Bassett Amy
Bought by
Crump Linda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,515
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1998
Bought by
Transitions Prop Mgt and Crump Randall C

Purchase Details

Closed on
Apr 28, 1997
Bought by
Jackson Robert A and Jackson Janet

Purchase Details

Closed on
Dec 21, 1994

Purchase Details

Closed on
Dec 20, 1994

Purchase Details

Closed on
Jan 12, 1992
Sold by
Ksa Prtnrshp and Ksa Klstrhs
Bought by
Crump Randall C

Purchase Details

Closed on
Jan 11, 1992
Sold by
Ksa Ksa P P and Ksa Klsterhouse H
Bought by
Crump Randall C

Purchase Details

Closed on
Jan 17, 1990
Sold by
Ksa Bellamy and Ksa Prtnrshp
Bought by
Crump Randall C

Purchase Details

Closed on
May 31, 1989

Purchase Details

Closed on
Dec 17, 1986

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
15 Quimby Llc -- None Listed On Document
Dongmo Jehu $295,000 Sun Title
Crump Randall Clare -- None Available
Crump Randall Clare -- None Available
Crump Randall Clare -- None Available
Crump Randall C -- None Available
Crump Linda I $135,900 Michigan Title Company
Transitions Prop Mgt -- --
Jackson Robert A -- --
-- -- --
-- $55,000 --
Crump Randall C -- --
Crump Randall C -- --
Crump Randall C $100 --
-- $50,000 --
-- $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dongmo Jehu $221,250
Previous Owner Crump Randall C $114,450
Previous Owner Crump Randall C $95,200
Previous Owner Crump Linda I $115,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $295,000 -9.2% --
12/05/2023 12/05/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $325,000 -4.4% --
10/24/2023 10/24/23 Price Changed $340,000 -2.9% --
10/11/2023 10/11/23 Price Changed $350,000 -7.9% --
09/29/2023 09/29/23 For Sale $380,000 -- --
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
2024 $7,598 $152,300 $0 $0
2023 $2,804 $131,300 $0 $0
2022 $2,665 $132,100 $0 $0
2021 $2,597 $103,400 $0 $0
2020 $2,510 $97,100 $0 $0
2019 $2,570 $79,200 $0 $0
2018 $2,491 $61,200 $0 $0
2017 $2,430 $51,100 $0 $0
2016 $2,442 $45,600 $0 $0
2015 $2,327 $45,600 $0 $0
2013 -- $49,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Clinger

    Seller's Agent in 2023

    Brian Clinger

    Coldwell Banker Schmidt Realtors

    (616) 459-0400

    3 in this area

    131 Total Sales

    Brian Clinger
    Section Image
  • Lisa Stewart

    Buyer's Agent in 2023

    Lisa Stewart

    Greenridge Realty (EGR)

    (616) 540-7132

    6 in this area

    96 Total Sales

    Lisa Stewart
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23136304

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-305-006

Michigan Kent County Grand Rapids 49505 Creston

15 Quimby St NE Unit 17, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 15 Quimby St NE Unit 17, Grand Rapids, MI 49505 since 29 September 2023 and is currently estimated at $348,227. This property was built in 1898. 15 Quimby St NE Unit 17 is a home located in Kent County with nearby schools including Palmer 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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