NOT LISTED FOR SALE

1726 Eastern Ave SE Grand Rapids, MI 49507

South East End Neighborhood

Estimated Value: $220,461 - $251,000

-- Bed
-- Bath
-- Sq Ft
5,532 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $135,000

Est. 76% increase in value since last sale

Current estimated payment $1,493/month

About This Home

As of June 2019

Here is your opportunity to purchase an occupied duplex rented for 745.00 the lower for 850.00 both tenants in good standing. Instant cash flow on your investment. This is tenant occupied so please consider that when requesting a showing. Professionally managed by United Properties of West Michigan for the past 8 years.

Last Agent to Sell the Property

Tim VandenToorn

United Realty Services LLC License #6502392770 Listed on: 05/16/2019

Last Buyer's Agent

Tim VandenToorn

United Realty Services LLC License #6502392770 Listed on: 05/16/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1925

Lot Details

  • 5,532

Parking

  • 6 Parking Spaces

Home Design

  • Wood Siding

Utilities

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

Additional Features

  • Michigan Basement
  • 5,532 Sq Ft Lot

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,386

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: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 134900.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5532.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 1386.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 13, 2019
Sold by
Vanwoerden Henritta and Vanwoerden John
Bought by
Velting Justin and Velting Kelly
Seller's Agent
Tim VandenToorn
United Realty Services LLC
Buyer's Agent
Tim VandenToorn
United Realty Services LLC
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$237,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,615
Avg. Annual Appreciation
9.08%
Original Mortgage
$101,250
Outstanding Balance
$89,575
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$142,799

Purchase Details

Closed on
Oct 19, 2011
Sold by
Parrish Kenneth D
Bought by
United Consulting

Purchase Details

Closed on
Sep 22, 2011
Sold by
United Properties Consulting Llc
Bought by
Vanwoerden John and Vanwoerden Henritta

Purchase Details

Closed on
May 27, 2004
Sold by
Autamashih Sherry
Bought by
Smith Diondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1999
Bought by
Contreras Contreras J and Contreras Y

Purchase Details

Closed on
May 24, 1982

Purchase Details

Closed on
Jan 3, 1980
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
Velting Justin $135,000 Irongate Title Agency Llc
United Consulting $4,300 None Available
Vanwoerden John -- None Available
Smith Diondra $95,000 --
Contreras Contreras J $43,700 --
-- $36,400 --
-- $30,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velting Justin $101,250
Previous Owner Smith Diondra $95,000
Previous Owner Contreras Juan $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $135,000 +0.1% --
05/16/2019 05/16/19 For Sale $134,900 -- --
05/14/2019 05/14/19 Pending -- -- --
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 $2,725 $93,400 $0 $0
2024 $2,725 $86,500 $0 $0
2023 $2,703 $76,100 $0 $0
2022 $2,569 $62,800 $0 $0
2021 $2,503 $56,200 $0 $0
2020 $2,419 $47,300 $0 $0
2019 $1,385 $41,200 $0 $0
2018 $1,385 $34,100 $0 $0
2017 $1,351 $28,600 $0 $0
2016 $1,357 $25,300 $0 $0
2015 $1,293 $25,300 $0 $0
2013 -- $26,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim VandenToorn

    Seller's Agent in 2019

    Tim VandenToorn

    United Realty Services LLC

    (616) 965-2300

    9 in this area

    98 Total Sales

    Tim VandenToorn
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19021222

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-307-004

Michigan Kent County Grand Rapids 49507 South East End

1726 Eastern Ave SE, Grand Rapids, MI

This home is located at 1726 Eastern Ave SE, Grand Rapids, MI 49507 since 16 May 2019 and is currently estimated at $237,615. This property was built in 1925. 1726 Eastern 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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