NOT LISTED FOR SALE

1537 Coit Ave NE Unit 3 Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $226,000 - $256,008

4 Beds
3 Baths
-- Sq Ft
4,400 Sq Ft Lot

Last Sold September 28, 2012

Last sale price $33,540

Est. 631% increase in value since last sale

Current estimated payment $1,443/month

20 Days on Market

About This Home

As of September 2012

Three 1 Bedroom, 1 Bath apartments with separate elec. service and separate water heaters. All units have space heaters; condition unknown. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage financing.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 07/31/2012

Last Buyer's Agent

Renee English

ERA Reardon Realty Great Lakes License #6502373256

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 4,400

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Space Heater
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,400 Sq Ft Lot

Community Details

  • 1,000 Units

Property Details

Home Type

Apartment

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 34240.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Space Heater
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4400.0
  • Zoning Description: multi

Multi Family

  • Number of Units Total: 1000

Tax Info

  • Tax Annual Amount: 1200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2013
Sold by
Naumann Kyle P and Naumann Alyssa
Bought by
Naumann Group Lc
Current Estimated Value
$245,252

Purchase Details

Listed on
Jul 31, 2012
Closed on
Sep 27, 2012
Sold by
Fannie Mae
Bought by
Naumann Kyle P and Naumann Alyssa
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Renee English
ERA Reardon Realty Great Lakes
List Price
$34,240
Sold Price
$33,540
Premium/Discount to List
-$700
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Original Mortgage
$25,155
Interest Rate
2.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Devries Laurence
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 31, 2008
Sold by
Coppess Holdings Llc
Bought by
Devries Laurence

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
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2008
Sold by
The Coppess Group Llc
Bought by
Coppess Holdings Llc

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
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2008
Sold by
Property Asset Management Inc
Bought by
Us Bank Na and Residential Loan Trust 2008-2

Purchase Details

Closed on
Jul 11, 2007
Sold by
Abraham Ronald J
Bought by
Property Asset Management Inc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Spaanstra Victor and Spaanstra Janice
Bought by
Abraham Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 1997
Sold by
Brggs Brggs C C and Brggs J
Bought by
Spaanstra Victor and Naumann Group Lc

Purchase Details

Closed on
Jan 10, 1995
Sold by
New Jansen and New Dimension
Bought by
New Dimension and Naumann Group Lc

Purchase Details

Closed on
Jul 27, 1994
Sold by
Briggs Briggs C C and Briggs Jansen K
Bought by
Naumann Group Lc

Purchase Details

Closed on
Apr 10, 1993
Sold by
Smith Smith B B and Smith Briggs C
Bought by
Naumann Group Lc

Purchase Details

Closed on
Mar 10, 1992

Purchase Details

Closed on
Mar 29, 1982
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
Naumann Group Lc -- None Available
Naumann Kyle P $33,540 Etitle Agency Inc
Federal National Mortgage Association $94,371 None Available
Devries Laurence $125,000 None Available
Coppess Holdings Llc -- None Available
Us Bank Na -- E Title Agency Inc
Property Asset Management Inc $92,500 None Available
Abraham Ronald J $95,000 Sun Title Agency
Spaanstra Victor $43,600 --
New Dimension $39,300 --
Naumann Group Lc -- --
Naumann Group Lc $35,000 --
-- -- --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devries Laurence $90,000
Previous Owner Abraham Ronald J $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $33,540 -2.0% --
08/20/2012 08/20/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $34,240 -- --
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 $1,714 $109,900 $0 $0
2024 $1,714 $91,900 $0 $0
2023 $1,700 $78,800 $0 $0
2022 $1,616 $78,900 $0 $0
2021 $1,575 $62,000 $0 $0
2020 $1,522 $54,300 $0 $0
2019 $1,558 $46,600 $0 $0
2018 $1,511 $37,900 $0 $0
2017 $1,474 $31,800 $0 $0
2016 $1,481 $27,600 $0 $0
2015 $1,411 $27,600 $0 $0
2013 -- $30,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image

  • R

    Buyer's Agent in 2012

    Renee English

    ERA Reardon Realty Great Lakes

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12042159

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-304-009

Michigan Kent County Grand Rapids 49505 Creston

1537 Coit Ave NE Unit 3, Grand Rapids, MI

This home is located at 1537 Coit Ave NE Unit 3, Grand Rapids, MI 49505 since 31 July 2012 and is currently estimated at $245,252. This property was built in 1910. 1537 Coit Ave NE Unit 3 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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