NOT LISTED FOR SALE

1670 Country Club Dr NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $343,000 - $432,000

4 Beds
2 Baths
-- Sq Ft
5,625 Sq Ft Lot

Last Sold June 19, 2013

Last sale price $140,000

Est. 166% increase in value since last sale

Current estimated payment $2,300/month

56 Days on Market

About This Home

As of June 2013

Excellent income property or live in one unit and let the other unit assist in paying the mortgage. Both units have two bedrooms, kitchen, large living rooms and full bath. The basement offers each unit a single stall garage, recreation room and laundry/storage room. Located on a corner lot in a peaceful neighborhood the backyard is fenced in for privacy and/or for animal care.

Last Agent to Sell the Property

Ryan Kruithoff

West Edge Real Estate License #6501309062 Listed on: 02/28/2013

West Edge Real Estate

Co-Listed By

Scott West

West Edge Real Estate License #6501371883

Last Buyer's Agent

Kirk Skinner

Five Star Real Estate (M6)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1961

Lot Details

  • 5,625 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5625.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 4434.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2013
Closed on
Jun 12, 2013
Sold by
Bustrum Philip A and Bustrum Bonnie J
Bought by
Sutton M David and Sutton Ruth M
Seller's Agent
Ryan Kruithoff
West Edge Real Estate
Buyer's Agent
Kirk Skinner
Five Star Real Estate (M6)
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$371,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,885
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Bustrum Philip A and Bustrum Bonnie J
Bought by
Bustrum Philip A and Bustrum Bonnie J

Purchase Details

Closed on
Jul 6, 2007
Sold by
Larkin Matthew and Larkin April M
Bought by
Bustrum Philip A and Bustrum Bonnie J

Purchase Details

Closed on
Mar 2, 2004
Sold by
Wahby David and Wahby Joy M
Bought by
Larkin Matthew and Larkin April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.75%
Mortgage Type
Commercial
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
Sutton M David $140,000 None Available
Bustrum Philip A -- None Available
Bustrum Philip A $161,500 None Available
Larkin Matthew $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larkin Matthew $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $140,000 -6.6% --
04/25/2013 04/25/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $149,900 -- --
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 $2,883 $186,600 $0 $0
2024 $2,883 $164,900 $0 $0
2023 $3,016 $118,400 $0 $0
2022 $2,732 $110,200 $0 $0
2021 $2,796 $103,100 $0 $0
2020 $2,690 $90,800 $0 $0
2019 $3,350 $86,800 $0 $0
2018 $2,690 $86,200 $0 $0
2017 $2,622 $74,900 $0 $0
2016 $2,643 $69,000 $0 $0
2015 $2,494 $69,000 $0 $0
2013 -- $86,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13009949

Southwestern Michigan Association of REALTORS®

APN: 41-14-17-155-011