NOT LISTED FOR SALE

1514 Forrest Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $230,000 - $324,000

4 Beds
2 Baths
2,478 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $76,600 $31 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $1,860/month

33 Days on Market

Highlights

  • Farmhouse Style Home
  • Heating Available
  • 5-minute walk to Sweet Street Park
  • Central Air

About This Home

As of March 2012

Property is currently divided into 2 units, is rented and zoned as multi family. Would make a very nice owner occupied home, or could be converted back to single family if one wished. Very nice, steady income property, great for owner occupied downstairs or up, both units equally nice and spacious. Both have large living/dining areas, 2 bedrooms, nice kitchen, 1 bath, and each have little patio areas overlooking a lovely, private backyard. This is nicer than the average rental, very well kept up and tenants who keep it clean and neat. Sweet spot, on a quiet street.This is a wonderful opportunity to own a strong income generating property with an excellent rental history. The upstairs unit brings in $575.00 and the downstairs unit $700. Lots of improvements, and full list is available. Some include: drywall, electrical, heating plants and AC among other upgrades. Tenants in both units are responsible for utilities. Could easily be turned into a single family home.

Last Agent to Sell the Property

Donna Batdorff

MLM Realty LLC - I Listed on: 01/06/2012

Last Buyer's Agent

Jessica Rogers

Keller Williams GR East

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Farmhouse Style Home
  • Shingle Siding

Interior Spaces

  • 2,478 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farm House
  • Stories: 2
  • Year Built: 1905
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 2478.0

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 85000.0
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2510.0
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Levit Igor S
Bought by
616 Investments Llc
Current Estimated Value
$284,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$79,622
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$172,124

Purchase Details

Listed on
Jan 6, 2012
Closed on
Mar 16, 2012
Sold by
Landon Rebecca and Therrien Mary Banghart
Bought by
Levit Igor S
Seller's Agent
Donna Batdorff
MLM Realty LLC - I
Buyer's Agent
Jessica Rogers
Keller Williams GR East
List Price
$85,000
Sold Price
$76,600
Premium/Discount to List
-$8,400
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$57,450
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1998
Sold by
London Rebecca
Bought by
London Rebecca Banghart Mary and Levit Igor S

Purchase Details

Closed on
Jul 16, 1998
Sold by
Corder Scott D
Bought by
London Rebecca and Levit Igor S

Purchase Details

Closed on
Dec 23, 1992
Sold by
Corder Corder W W and Corder S
Bought by
Levit Igor S

Purchase Details

Closed on
Jun 18, 1986
Bought by
Levit Igor S
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
616 Investments Llc $120,000 Irongate Title Agency Llc
Levit Igor S $76,600 Multiple
London Rebecca Banghart Mary -- --
London Rebecca $68,700 --
Levit Igor S $34,000 --
Levit Igor S $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 616 Investments Llc $90,000
Previous Owner Levit Igor S $57,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $76,600 -9.9% $31 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $85,000 -- $34 / 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 $4,183 $136,800 $0 $0
2024 $4,183 $116,900 $0 $0
2023 $4,149 $100,900 $0 $0
2022 $3,943 $88,700 $0 $0
2021 $3,842 $80,100 $0 $0
2020 $3,713 $72,600 $0 $0
2019 $2,082 $61,500 $0 $0
2018 $2,018 $48,200 $0 $0
2017 $1,969 $42,500 $0 $0
2016 $2,081 $38,400 $0 $0
2015 $1,885 $38,400 $0 $0
2013 -- $40,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Donna Batdorff

    MLM Realty LLC - I

  • J

    Buyer's Agent in 2012

    Jessica Rogers

    Keller Williams GR East

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12001872

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-333-015

Michigan Kent County Grand Rapids 49505 Creston

1514 Forrest Ave NE, Grand Rapids, MI

This home is located at 1514 Forrest Ave NE, Grand Rapids, MI 49505 since 06 January 2012 and is currently estimated at $284,956, approximately $114 per square foot. This property was built in 1905. 1514 Forrest 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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