NOT LISTED FOR SALE

1626 Francis Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $232,000 - $270,000

-- Bed
2 Baths
-- Sq Ft
5,796 Sq Ft Lot

Last Sold October 28, 2015

Last sale price $25,500

Est. 877% increase in value since last sale

Current estimated payment $1,593/month

27 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • No Heating

About This Home

As of October 2015

Kent County Land Bank Authority property being sold in as is condition. Seller will not respond to offers until the home has been on the market for 20 days. Offers must include a written renovation plan, written statement regarding the ability of buyer to complete the renovations and proof of financing to complete the purchase and renovation. Buyers cannot be in arrears for property taxes with the local unit of government on any other real estate. Buyers must complete the basic requirements for the Grand Rapids Certificate of Compliance for occupancy. The intent is to insure public health, safety and welfare of occupants. Sale is subject to seller receiving clear title and closing will not occur until October 15, 2015 or late.

Last Agent to Sell the Property

James Ogg

Greenridge Realty (Kentwood) Listed on: 08/20/2015

Last Buyer's Agent

Doug Mol

Five Star Real Estate (Main)

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,796 Sq Ft Lot
  • Lot Dimensions are 42x138x42x138

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement
  • Partial Basement

Utilities

  • No Heating
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 25000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

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

Utilities

  • Heating: None
  • Heating: No
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5796.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2125.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 28, 2015
Sold by
Kent County Land Bank Authority
Bought by
Dst Property Llc
Seller's Agent
James Ogg
Greenridge Realty (Kentwood)
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$35,000
Sold Price
$25,500
Premium/Discount to List
-$9,500
-27.14%
Total Days on Market
27
Current Estimated Value
$249,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,653
Avg. Annual Appreciation
26.50%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Aug 6, 1999
Sold by
Tatum Birdie
Bought by
Tatum Henry and Tatum Henry Estate

Purchase Details

Closed on
Apr 18, 1985
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
Dst Property Llc $25,500 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Tatum Henry -- --
-- $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $25,500 -27.1% --
09/16/2015 09/16/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $35,000 -- --
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
2024 $2,335 $117,200 $0 $0
2023 $2,316 $104,800 $0 $0
2022 $2,201 $86,600 $0 $0
2021 $2,144 $77,900 $0 $0
2020 $2,073 $65,500 $0 $0
2019 $2,122 $54,800 $0 $0
2018 $2,057 $45,100 $0 $0
2017 $2,007 $37,700 $0 $0
2016 $2,017 $33,000 $0 $0
2015 $3,701 $33,000 $0 $0
2013 -- $37,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Ogg

    Greenridge Realty (Kentwood)

  • Doug Mol

    Buyer's Agent in 2015

    Doug Mol

    Five Star Real Estate (Main)

    (616) 667-9677

    4 in this area

    131 Total Sales

    Doug Mol
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15045227

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-303-007

Michigan Kent County Grand Rapids 49507 Garfield Park

1626 Francis Ave SE, Grand Rapids, MI

This home is located at 1626 Francis Ave SE, Grand Rapids, MI 49507 since 20 August 2015 and is currently estimated at $249,153. This property was built in 1925. 1626 Francis Ave SE is a home located in Kent County with nearby schools including Dickinson Academy, Alger Middle School, and Ottawa Hills 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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