NOT LISTED FOR SALE

1621 Lamberton Lake Dr NE Grand Rapids, MI 49525

Estimated Value: $511,000 - $600,000

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold January 15, 2016

Last sale price $230,000

Est. 123% increase in value since last sale

Current estimated payment $3,211/month

38 Days on Market

Highlights

  • Wooded Lot
  • West Oakview Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

What a great investment opportunity in wonderful Northview School district!

Great duplex - Spacious and well-maintained! Two very large units with 1920 sq foot each! Very convenient location just off I-96. Nearest cross street is Plainfield Avenue. Northview School District, great, quiet neighborhood, tucked back from busy roads and across the street from Lamberton Lake.

Each unit has its own attached, two stall garage. You'll enjoy the private deck and patio overlooking the wooded back yard. Separate office area with french doors for privacy could be made into a 4th bedroom! 3 other bedrooms, 2 full baths, open kitchen and dining area, and large living room complete the unit. Units have separate electric and heating. Lots of space for a family or roommates!

Last Agent to Sell the Property

Madeline Witt

Greenridge Realty (EGR) Listed on: 10/26/2015

Last Buyer's Agent

Edward Hansen

Keller Williams GR North (Main) License #6502376437

Keller Williams GR North (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1996

Lot Details

  • 0.43 Acre Lot
  • Wooded Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,604

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1996
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4604.43
  • Tax Info:Zoning3: to be verified
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 225000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Sq Ft: 18730.0
  • Zoning Description: to be verified
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4604.43
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Schamel Peter
Bought by
Small Rock Properties Llc
Current Estimated Value
$511,798

Purchase Details

Closed on
Sep 24, 2021
Sold by
Small Rock Properties Llc
Bought by
Schamel Peter and Schamel Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2016
Sold by
Schamel Peter and Schamel Cynthia
Bought by
Small Rock Properties Llc

Purchase Details

Closed on
May 2, 2005
Sold by
Fasburg David L and Fasburg Kristi A
Bought by
Johnson John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 1997
Bought by
Fasburg David L and Johnson John C

Purchase Details

Closed on
Mar 14, 1996
Bought by
Convenient Construction and Johnson John C

Purchase Details

Closed on
Nov 24, 1993
Bought by
Pomeroy Richard A and Johnson John C
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
Small Rock Properties Llc -- --
Schamel Peter -- None Listed On Document
Small Rock Properties Llc -- Attorney
Johnson John C $235,000 --
Fasburg David L $23,000 --
Convenient Construction $24,900 --
Pomeroy Richard A $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schamel Peter $161,100
Previous Owner Johnson John C $188,000
Previous Owner Fasburg David L $150,000
Closed Johnson John C $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $230,000 +2.2% --
12/03/2015 12/03/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $225,000 -- --
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
2025 $4,907 $265,000 $0 $0
2024 $4,907 $257,800 $0 $0
2023 $4,689 $242,200 $0 $0
2022 $7,095 $237,400 $0 $0
2021 $6,894 $209,000 $0 $0
2020 $4,302 $197,600 $0 $0
2019 $6,715 $149,600 $0 $0
2018 $6,567 $136,300 $0 $0
2017 $6,360 $125,800 $0 $0
2016 $4,595 $120,600 $0 $0
2015 -- $120,600 $0 $0
2013 -- $94,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15056734

Southwestern Michigan Association of REALTORS®

APN: 41-14-04-151-026