$120,000
SOLD OCT 11, 2019

1655 Madison Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
7,187 Sq Ft Lot

Recently Sold

8% Below List Price

12 Days on Market

About This Home

As of February 2023

Duplex on the Southeast side near Garfield Park. Both units are the same floor plan. 3 bedrooms, 1 bathroom, dining area in each unit. Hard wood floors, basement includes washer & dryer hook-up. Backyard and off street parking available. Lots of potential, but will require work. Close to public transportation. Subject to Probate Approval.

Last Agent to Sell the Property

Jeff Blahnik

Five Star Real Estate (Main) License #6502124015 Listed on: 08/23/2019

Five Star Real Estate (Main)

Last Buyer's Agent

Ashleigh VanDuinen-Leistra

Re/Max of Grand Rapids (Grandville) License #6501369240

Re/Max of Grand Rapids (Grandville)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $215

Year Built

  • Built in 1928

Lot Details

  • 7,187 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$215

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 130000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7187.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 215.39
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 27, 2023
Sold by
Proteus Management Group Llc
Bought by
Robore Capital Llc
Seller's Agent
Ashleigh VanDuinen-Leistra
Re/Max of Grand Rapids (Grandville)
Buyer's Agent
Neil DeMeester
Bellabay Realty (North)
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Views
44
Current Estimated Value
$284,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,655
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 11, 2019
Sold by
The Estate Of Rosetta Perry
Bought by
Proteus Management Group Llc
Seller's Agent
Jeff Blahnik
Five Star Real Estate (Main)
Buyer's Agent
Ashleigh VanDuinen-Leistra
Re/Max of Grand Rapids (Grandville)
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.25%
Original Mortgage
$90,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2016
Sold by
Perry Rosetta and Fortenberry Barbara
Bought by
Fortenberry Barbara and Fortenberry Richard

Purchase Details

Closed on
Apr 5, 1990
Sold by
Savage Savage G G and Savage Perry R
Bought by
Perry Rosetta
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 Type Sale Price Title Company
Warranty Deed $250,000 --
Warranty Deed $120,000 Star Title Agency Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $22,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $250,000 -16.6% --
02/22/2023 02/22/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $299,900 +149.9% --
10/11/2019 10/11/19 Sold $120,000 -7.7% --
09/04/2019 09/04/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $130,000 -- --
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 $5,089 $115,700 $0 $0
2024 $5,089 $102,000 $0 $0
2023 $3,150 $91,100 $0 $0
2022 $3,107 $75,500 $0 $0
2021 $3,027 $68,000 $0 $0
2020 $2,926 $57,200 $0 $0
2019 $701 $23,950 $0 $0
2018 $201 $0 $0 $0
2017 $479 $0 $0 $0
2016 $1,034 $29,200 $0 $0
2015 $1,564 $29,200 $0 $0
2013 -- $37,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashleigh VanDuinen-Leistra

    Seller's Agent in 2023

    Ashleigh VanDuinen-Leistra

    Re/Max of Grand Rapids (Grandville)

    (616) 283-3560

    2 in this area

    189 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Neil DeMeester

    Bellabay Realty (North)

    Section Image
  • Angela Worth

    Buyer Co-Listing Agent in 2023

    Angela Worth

    Bellabay Realty (North)

    (616) 299-3953

    4 in this area

    174 Total Sales

    Section Image
  • Jeff Blahnik

    Seller's Agent in 2019

    Jeff Blahnik

    Five Star Real Estate (Main)

    (616) 292-3725

    1 in this area

    237 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Ashleigh VanDuinen

    RE/MAX of G.R. Inc. (SE) - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19038351

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-326-028

Michigan Kent County Grand Rapids 49507 Garfield Park

1655 Madison Ave SE, Grand Rapids, MI

This home is located at 1655 Madison Ave SE, Grand Rapids, MI 49507 and is currently priced at $120,000. This property was built in 1928. 1655 Madison 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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