NOT LISTED FOR SALE

1701 Division Ave S Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $226,000 - $280,000

-- Bed
-- Bath
-- Sq Ft
4,704 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $72,000

Est. 260% increase in value since last sale

Current estimated payment $1,608/month

41 Days on Market

About This Home

As of July 2016

This is a 4 unit with split utilities!Has vinyl siding, wrapped windows and many other improvements. There are several newer appliances, a new water heater in one of the units. Certificate of Compliance certificate doesn't expire until 8/20/2017. This is a great property that has an abundance of potential. The building is a very nice size with 2617 square feet.

Last Agent to Sell the Property

Bernadette Nomura

Turnkey Realty LLC License #6502387861 Listed on: 03/31/2016

Last Buyer's Agent

Tennille Peyerk

United Properties of W Mich-I

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1915

Lot Details

  • 4,704 Sq Ft Lot
  • Lot Dimensions are 46 x 102

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,760

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 46 x 102
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1760.5
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 77900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4704.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1760.5
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Jun 23, 2016
Sold by
Dnk Investments Llc
Bought by
Rastogi Sanjay M and Rastogi Kavita S
Seller's Agent
Bernadette Nomura
Turnkey Realty LLC
Buyer's Agent
Tennille Peyerk
United Properties of W Mich-I
List Price
$77,900
Sold Price
$72,000
Premium/Discount to List
-$5,900
-7.57%
Current Estimated Value
$258,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,916
Avg. Annual Appreciation
15.05%
Original Mortgage
$54,000
Outstanding Balance
$43,564
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$218,652

Purchase Details

Closed on
Feb 14, 2014
Sold by
Saavedra Leopoldo
Bought by
Dnk Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2004
Sold by
First National Bank Of America
Bought by
Saavedra Leopoldo

Purchase Details

Closed on
Nov 15, 2000

Purchase Details

Closed on
Jul 20, 1998
Bought by
Christopher C and Dnk Investments Llc

Purchase Details

Closed on
May 20, 1995
Sold by
Shepard Shepard D D and Shepard D
Bought by
Shepard D and Dnk Investments Llc

Purchase Details

Closed on
May 5, 1983
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
Rastogi Sanjay M $72,000 Chicago Title Of Mi Inc
Dnk Investments Llc $56,900 None Available
Saavedra Leopoldo $45,000 --
-- -- --
Christopher C $30,000 --
Shepard D -- --
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rastogi Sanjay M $54,000
Previous Owner Dnk Investments Llc $56,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $72,000 -7.6% --
05/11/2016 05/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $77,900 -- --
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 $2,731 $119,400 $0 $0
2024 $2,731 $115,600 $0 $0
2023 $2,709 $99,900 $0 $0
2022 $2,575 $93,900 $0 $0
2021 $2,509 $80,700 $0 $0
2020 $2,425 $69,600 $0 $0
2019 $2,483 $59,800 $0 $0
2018 $2,407 $51,800 $0 $0
2017 $2,348 $38,700 $0 $0
2016 $1,830 $34,100 $0 $0
2015 $1,743 $34,100 $0 $0
2013 -- $35,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bernadette Nomura

    Seller's Agent in 2016

    Bernadette Nomura

    Turnkey Realty LLC

    (616) 389-9999

    1 in this area

    191 Total Sales

    Bernadette Nomura
    Section Image

  • T

    Buyer's Agent in 2016

    Tennille Peyerk

    United Properties of W Mich-I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16013691

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-428-047

Michigan Kent County Grand Rapids 49507 Garfield Park

1701 Division Ave S, Grand Rapids, MI

This home is located at 1701 Division Ave S, Grand Rapids, MI 49507 since 31 March 2016 and is currently estimated at $258,916. This property was built in 1915. 1701 Division Ave S is a home located in Kent County with nearby schools including Buchanan Elementary School, Burton 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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