NOT LISTED FOR SALE

1527 Coit Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $263,000 - $281,987

4 Beds
2 Baths
-- Sq Ft
4,791 Sq Ft Lot

Last Sold July 14, 2017

Last sale price $151,000

Est. 79% increase in value since last sale

Current estimated payment $1,794/month

About This Home

As of July 2017

Nice 2-unit on the NE side of GR. Similar living spaces with Unit 1 on the main floor having 2 bedrooms 1 full bath, living room, dining room and kitchen. Unit 2 having 2 bedrooms, 1 full bath, living room, and eating area, laundry in unit, and access to attic for storage. Units have two separate entrances. Updates throughout, including kitchen and baths, vinyl windows, fixtures and new furnaces in both units. Dedicated laundry for each unit. Bonuses include a porch, 1-stall garage and fenced in backyard. Current tenants pay for all utilities except water. This home is located just minutes from downtown GR and provides for easy access to US 131. Within walking distance to many local restaurants and shops, including Crescent St. Brewery. Total rents $1650/month

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 05/19/2017

Bluhouse Properties LLC - I

Co-Listed By

Dan Steffee

Green Crown Real Estate LLC License #6506049140

Last Buyer's Agent

Ross Bacon

RE/MAX of Grand Rapids (FH) License #6501381489

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1910

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 48x100

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,912

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1912.11
  • Tax Info:Zoning3: TN-LDR
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 140000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.0
  • Zoning Description: TN-LDR
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1912.11
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2019
Sold by
Gonzales Anthony J and Russo Lindsay Schwartz
Bought by
Rsb Properties Of Gr Llc
Current Estimated Value
$270,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,095
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 14, 2017
Sold by
Blue Loon Holdings Llc
Bought by
Russo Anthony J Gonzales and Russo Lindsay Schwartz
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Ross Bacon
RE/MAX of Grand Rapids (FH)
List Price
$140,000
Sold Price
$151,000
Premium/Discount to List
$11,000
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$112,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 24, 2016
Closed on
Oct 21, 2016
Sold by
Rodriguez Ernesto and Rodriguez Kimberly
Bought by
Blue Loon Holdings Llc
Seller's Agent
Ernesto Rodriguez
Five Star Real Estate (Ada)
Buyer's Agent
Dan Steffee
Green Crown Real Estate LLC
List Price
$135,000
Sold Price
$128,000
Premium/Discount to List
-$7,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%

Purchase Details

Listed on
Apr 9, 2014
Closed on
Apr 17, 2014
Sold by
Fifth Third Bank
Bought by
Rodriguez Ernesto
Seller's Agent
Christopher Conflitti
American Real Estate Services
Buyer's Agent
Ernesto Rodriguez
Five Star Real Estate (Ada)
List Price
$44,500
Sold Price
$40,000
Premium/Discount to List
-$4,500
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.84%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Wybenga Alan and Wybenga Marian
Bought by
Fifth Third Bank

Purchase Details

Closed on
Mar 18, 1997
Sold by
Ott Ott J J
Bought by
Fifth Third Bank

Purchase Details

Closed on
Oct 29, 1993
Bought by
Fifth Third Bank

Purchase Details

Closed on
Jun 21, 1988
Bought by
Fifth Third Bank

Purchase Details

Closed on
Dec 22, 1982
Bought by
Fifth Third Bank
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
Rsb Properties Of Gr Llc $165,000 First American Title Ins Co
Russo Anthony J Gonzales $151,000 None Available
Blue Loon Holdings Llc $128,000 Bell Title Agency
Rodriguez Ernesto $40,000 Servicelink Llc
Fifth Third Bank $37,254 None Available
Fifth Third Bank $31,500 --
Fifth Third Bank $31,500 --
Fifth Third Bank $35,900 --
Fifth Third Bank $7,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rsb Properties Of Gr Llc $465,500
Closed Rsb Properties Of Gr Llc $85,095
Previous Owner Russo Anthony J Gonzales $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $151,000 +7.9% --
05/19/2017 05/19/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $140,000 +9.4% --
10/21/2016 10/21/16 Sold $128,000 -5.2% --
09/28/2016 09/28/16 Pending -- -- --
09/24/2016 09/24/16 For Sale $135,000 +237.5% --
04/29/2014 04/29/14 Sold $40,000 -10.1% --
04/15/2014 04/15/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $44,500 -- --
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 $3,802 $126,400 $0 $0
2024 $3,802 $105,900 $0 $0
2023 $3,772 $92,400 $0 $0
2022 $3,585 $81,100 $0 $0
2021 $3,493 $73,400 $0 $0
2020 $3,782 $66,000 $0 $0
2019 $2,355 $54,300 $0 $0
2018 $2,283 $43,100 $0 $0
2017 $2,184 $36,000 $0 $0
2016 $1,856 $34,600 $0 $0
2015 $1,769 $34,600 $0 $0
2013 -- $38,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Ogle

    Bluhouse Properties LLC - I

    Section Image
  • Dan Steffee

    Seller Co-Listing Agent in 2017

    Dan Steffee

    Green Crown Real Estate LLC

    (616) 490-4977

    14 in this area

    111 Total Sales

    Dan Steffee
    Section Image
  • Ross Bacon

    Buyer's Agent in 2017

    Ross Bacon

    RE/MAX Michigan

    (616) 957-0700

    13 in this area

    131 Total Sales

    Ross Bacon
    Section Image

  • E

    Seller's Agent in 2016

    Ernesto Rodriguez

    Five Star Real Estate (Ada)

    (616) 980-6931

    82 Total Sales

    Ernesto Rodriguez
    Section Image
  • Christopher Conflitti

    Seller's Agent in 2014

    Christopher Conflitti

    American Real Estate Services

    (616) 918-6430

    41 Total Sales

    Christopher Conflitti
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17020042

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-304-011

Michigan Kent County Grand Rapids 49505 Creston

1527 Coit Ave NE, Grand Rapids, MI

This home is located at 1527 Coit Ave NE, Grand Rapids, MI 49505 since 19 May 2017 and is currently estimated at $270,997. This property was built in 1910. 1527 Coit Ave NE 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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