NOT LISTED FOR SALE

Estimated Value: $265,000 - $273,778

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $234,000

Est. 12% increase in value since last sale

Current estimated payment $1,834/month

5 Days on Market

About This Home

As of November 2022

Potential source of cash flow with this 2 unit home, waiting for the next investor or occupant landlord! Newer roof, 2 furnaces and convenient location. Upper unit is tenant occupied, lower is ready to be rented - or owner occupied! Upper unit is a 1 bed 1 bath with street parking and lower level is 2 beds 1 bath with a 2 stall garage.

Last Agent to Sell the Property

Nick Holtrop

EXP Realty (Grand Rapids) License #6501394826 Listed on: 09/30/2022

EXP Realty (Grand Rapids)

Last Buyer's Agent

Javier Rodriguez

Lake Michigan Realty Mgmt License #6502394655

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,333

Year Built

  • Built in 1917

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,333

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 225000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4333.29
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 10, 2019
Sold by
Adlukari Mitra and Sapkota Paridhi
Bought by
Bong Paoun Llc
Seller's Agent
Ryan Ogle
Bluhouse Properties LLC - I
Buyer's Agent
Nick Holtrop
EXP Realty (Grand Rapids)
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$262,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,511
Avg. Annual Appreciation
11.06%
Original Mortgage
$112,000
Outstanding Balance
$98,764
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$159,638

Purchase Details

Listed on
Oct 22, 2014
Closed on
Jan 12, 2015
Sold by
Adhikari Moti and Sapkota Hajindra Kumari
Bought by
Adhikari Moti and Sapkota Hajindra Kimari
Seller's Agent
Mary Jo VanderWoude
Greenridge Realty (West)
Buyer's Agent
Zach Wendt
Keller Williams GR East
List Price
$87,000
Sold Price
$83,000
Premium/Discount to List
-$4,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$66,400
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Bong Paoun Llc $140,000 None Available
Adhikari Moti -- Sun Title Agency Of Mi Llc
Adhikari Moti $83,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bong Paoun Llc $112,000
Previous Owner Adhikari Moti $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $234,000 +4.0% --
10/05/2022 10/05/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $225,000 +60.7% --
10/10/2019 10/10/19 Sold $140,000 0.0% --
08/31/2019 08/31/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $140,000 +68.7% --
01/12/2015 01/12/15 Sold $83,000 -4.6% --
12/10/2014 12/10/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $87,000 -- --
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 $4,769 $116,600 $0 $0
2024 $4,769 $110,000 $0 $0
2023 $4,782 $92,800 $0 $0
2022 $4,439 $78,400 $0 $0
2021 $4,333 $74,400 $0 $0
2020 $3,989 $61,300 $0 $0
2019 $3,313 $51,600 $0 $0
2018 $3,197 $49,300 $0 $0
2017 $2,283 $45,800 $0 $0
2016 $2,213 $38,500 $0 $0
2015 $1,715 $38,500 $0 $0
2013 -- $34,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22042085

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-330-037