Seller's Agent in 2018
Doug Mol
Five Star Real Estate (Main)
(616) 667-9677
8 in this area
122 Total Sales
1501 College Ave NE Grand Rapids, MI 49505
Creston NeighborhoodEstimated Value: $251,000 - $295,000
--
Bed
--
Bath
--
Sq Ft
9,931
Sq Ft Lot
Highlights
- Corner Lot: Yes
- 4 Car Garage
- 3-minute walk to Sweet Street Park
- Forced Air Heating System
- High Speed Internet
About This Home
As of January 2018A well-maintained investment property in the booming Creston neighborhood with a wonderfully situated lot with easy access and lots of parking! This large duplex features a 2 bed 1 bath (700 sqft) upper unit that previously rented for $750/mo and a 3 bed 1 bath (1100 sqft) lower unit that currently rents for $775/mo. Large 2 stall garage and 1000 sqft basement area that could be converted into a 3rd unit or additional storage! Lots of value with added potential!! You could live for FREE as this would make a great owner occupied property or just let it cash flow and rent out both units! Close to City High School, Kent Hills golf course, Downtown and all the Grand Rapids has to offer!
Last Buyer's Agent
Alison Glowinski
Mitten Real Estate License #6502406293
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,364
Year Built
- Built in 1900
Lot Details
- 9,931 Sq Ft Lot
- Lot Dimensions are 80 x 124
- Corner Lot: Yes
Parking
- 4 Car Garage
Home Design
- Composition Roof
- Aluminum Siding
Basement
- Michigan Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Gas Meter
- High Speed Internet
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for trash collection, gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 2023
Sold by
Adams Garrett and Adams Kristi
Bought by
Adams Garrett and Hawley Kristi
Current Estimated Value
Purchase Details
Closed on
Feb 14, 2023
Sold by
Parkco Land & Housing Llc
Bought by
Parkco Gr Llc
Purchase Details
Closed on
Apr 20, 2022
Sold by
Garrett Adams
Bought by
Adams Garrett and Hawley Kristi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2021
Sold by
1501 College Ave Llc
Bought by
Adams Garrett
Purchase Details
Closed on
Dec 28, 2018
Sold by
Adams Garrett
Bought by
1501 College Ave Llc
Purchase Details
Listed on
Oct 6, 2017
Closed on
Jan 17, 2018
Sold by
Creston Gr Lofts Llc
Bought by
Adams Garrett
Seller's Agent
Doug Mol
Five Star Real Estate (Main)
Buyer's Agent
Alison Glowinski
Mitten Real Estate
List Price
$134,900
Sold Price
$117,000
Premium/Discount to List
-$17,900
-13.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$87,750
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2017
Sold by
Mccanley Benjamin and Mccanley Sarah
Bought by
Creston Gr Lofts Llc
Purchase Details
Listed on
Jun 19, 2015
Closed on
Sep 11, 2015
Sold by
Merrick William J
Bought by
Mccauley Benjamin and Mccauley Sarah
Seller's Agent
Eyddy Conde
Lake Michigan Realty Mgmt
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$66,900
Sold Price
$45,000
Premium/Discount to List
-$21,900
-32.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%
Purchase Details
Closed on
Aug 27, 2004
Sold by
Hertstein Todd and Block Anna
Bought by
Merrick William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,160
Interest Rate
7.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 7, 2001
Sold by
Sobota David T and Sobota Christine A
Bought by
Hertstein Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,164
Interest Rate
7.03%
Mortgage Type
FHA
Purchase Details
Closed on
May 23, 1996
Sold by
Sobota Corp and Sobota Sobota
Bought by
Merrick Sobota and Merrick William J
Purchase Details
Closed on
May 22, 1996
Sold by
Kuiper Kuiper J J and Sobota Kuiper
Bought by
Merrick Sobota and Merrick William J
Purchase Details
Closed on
May 21, 1996
Sold by
Vanwyk Vanwyk A A and Vanwyk Kuiper
Bought by
Merrick Kuiper and Merrick William J
Purchase Details
Closed on
Oct 29, 1993
Sold by
Kuiper Kuiper J J and Sobota Kuiper
Bought by
Merrick William J
Purchase Details
Closed on
Nov 15, 1990
Sold by
Stewart Stewart P P and Stewart Vanwyk A
Bought by
Merrick William J
Purchase Details
Closed on
Nov 14, 1990
Sold by
Stewart Stewart P P and Stewart Vanwyk A
Bought by
Merrick William J
Purchase Details
Closed on
Jun 4, 1990
Sold by
Stewart P and Kuiper J
Bought by
Merrick William J
Purchase Details
Closed on
Jan 11, 1990
Sold by
Vanwyk Vanwyk A A and Vanwyk Stewart P
Bought by
Merrick William J
Purchase Details
Closed on
Jan 10, 1990
Sold by
Stewart Stewart P P and Stewart Vanwyk A
Bought by
Merrick William J
Purchase Details
Closed on
Jan 9, 1990
Sold by
Smith Smith J J and Smith Stewart P
Bought by
Merrick William J
Purchase Details
Closed on
Jan 8, 1990
Sold by
Emelander Emelander N N and Emelander Smith J
Bought by
Merrick William J
Purchase Details
Closed on
Dec 13, 1989
Sold by
Dykema Dykema D D and Emelander Dykema
Bought by
Merrick William J
Purchase Details
Closed on
Dec 8, 1986
Purchase Details
Closed on
Apr 1, 1986
Sold by
Clinger Clinger D D and Emelander Clinger
Bought by
Merrick William J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adams Garrett | -- | None Listed On Document | |
| Parkco Gr Llc | -- | Irongate Title Agency | |
| Adams Garrett | -- | First American Title | |
| Adams Garrett | -- | First American Title Ins Co | |
| 1501 College Ave Llc | -- | None Available | |
| Adams Garrett | $117,000 | None Available | |
| Creston Gr Lofts Llc | -- | None Available | |
| Mccauley Benjamin | $45,000 | None Available | |
| Merrick William J | $91,160 | Chicago Title | |
| Hertstein Todd | $82,850 | First American Title Ins Co | |
| Merrick Sobota | -- | -- | |
| Merrick Sobota | $59,000 | -- | |
| Merrick Kuiper | $52,000 | -- | |
| Merrick William J | $59,000 | -- | |
| Merrick William J | -- | -- | |
| Merrick William J | $7,000 | -- | |
| Merrick William J | -- | -- | |
| Merrick William J | -- | -- | |
| Merrick William J | $37,000 | -- | |
| Merrick William J | $34,000 | -- | |
| Merrick William J | $27,400 | -- | |
| Merrick William J | $30,000 | -- | |
| -- | $30,900 | -- | |
| Merrick William J | $14,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Adams Garrett | $164,500 | |
| Previous Owner | Adams Garrett | $87,750 | |
| Previous Owner | Merrick William J | $91,160 | |
| Previous Owner | Hertstein Todd | $82,164 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2018 01/17/18 | Sold | $117,000 | -13.3% | -- |
| 11/21/2017 11/21/17 | Pending | -- | -- | -- |
| 10/06/2017 10/06/17 | For Sale | $134,900 | +199.8% | -- |
| 09/11/2015 09/11/15 | Sold | $45,000 | -32.7% | -- |
| 08/25/2015 08/25/15 | Pending | -- | -- | -- |
| 06/19/2015 06/19/15 | For Sale | $66,900 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $6,525 | $154,900 | $0 | $0 |
| 2024 | $6,525 | $130,800 | $0 | $0 |
| 2023 | $5,142 | $111,400 | $0 | $0 |
| 2022 | $5,244 | $97,800 | $0 | $0 |
| 2021 | $3,516 | $88,500 | $0 | $0 |
| 2020 | $3,398 | $80,200 | $0 | $0 |
| 2019 | $3,479 | $65,200 | $0 | $0 |
| 2018 | $2,913 | $55,000 | $0 | $0 |
| 2017 | $2,364 | $44,400 | $0 | $0 |
| 2016 | $2,375 | $40,500 | $0 | $0 |
| 2015 | $1,644 | $40,500 | $0 | $0 |
| 2013 | -- | $42,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Mol
-
A
Buyer's Agent in 2018
Alison Glowinski
Mitten Real Estate
-
Eyddy Conde
Seller's Agent in 2015
Eyddy Conde
Lake Michigan Realty Mgmt
(616) 304-5244
123 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 17050412
APN: 41-14-18-402-025
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