NOT LISTED FOR SALE

1741 Coit Ave NE Grand Rapids, MI 49505

Creston Neighborhood

Estimated Value: $259,000 - $280,000

-- Bed
-- Bath
-- Sq Ft
4,185 Sq Ft Lot

Last Sold August 08, 2014

Last sale price $47,500

Est. 456% increase in value since last sale

Current estimated payment $1,609/month

30 Days on Market

About This Home

As of August 2014

Lots of potential for this 2 unit home located near Riverside park, close to conveniences, and bus line. Lower level has two bedrooms, one bath, and is missing the kitchen, Unit 2 is one bedroom, one bath, and has slider to deck. Separate gas and electric meters. Furnace condition unknown. Information here in is deemed reliable but not guaranteed. Sold as is. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 7/7/2014.

Last Agent to Sell the Property

Rhoda Brooks

Midwest Prop of Mich (DB) - I License #6501306574 Listed on: 06/18/2014

Co-Listed By

Sandra Schuelke

ERA Reardon Realty Great Lakes License #6501300896

Last Buyer's Agent

Paul Lind

Kay Courtney & Associates

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1882

Lot Details

  • 4,185

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 4,185 Sq Ft Lot

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 1882

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1882
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 39900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4185.0
  • Zoning Description: res

Rental Info

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

Tax Info

  • Tax Annual Amount: 1446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 7, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
437 Eastern Llc
Seller's Agent
Rhoda Brooks
Midwest Prop of Mich (DB) - I
Buyer's Agent
Paul Lind
Kay Courtney & Associates
List Price
$39,900
Sold Price
$47,500
Premium/Discount to List
$7,600
19.05%
Current Estimated Value
$264,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,828
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
Jul 10, 2013
Sold by
Fluger Ralph B and Fluger Julie Ann
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Mar 19, 2004
Sold by
Matheis Mary Ann and Mary Ann Matheis Trust
Bought by
Fluger Ralph B and Fluger Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 1999
Bought by
Fluger R and Federal Home Loan Mortgage Cor

Purchase Details

Closed on
Dec 14, 1998
Sold by
Mths Mths M M and Mths Matheis M
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 2, 1987
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
437 Eastern Llc $47,500 None Available
Federal Home Loan Mortgage Corporation $42,500 None Available
Fluger Ralph B $64,000 Chicago Title
Fluger R $64,000 --
Federal Home Loan Mortgage Corp -- --
-- $31,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fluger Ralph B $15,000
Previous Owner Fluger Ralph B $73,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $47,500 +19.0% --
07/18/2014 07/18/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $39,900 -- --
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 $2,018 $118,100 $0 $0
2024 $2,018 $103,100 $0 $0
2023 $2,002 $89,300 $0 $0
2022 $1,903 $77,700 $0 $0
2021 $1,854 $69,600 $0 $0
2020 $1,792 $62,100 $0 $0
2019 $1,835 $50,900 $0 $0
2018 $1,779 $39,800 $0 $0
2017 $1,735 $33,600 $0 $0
2016 $1,744 $32,500 $0 $0
2015 $1,661 $32,500 $0 $0
2013 -- $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rhoda Brooks

    Midwest Prop of Mich (DB) - I

  • S

    Seller Co-Listing Agent in 2014

    Sandra Schuelke

    ERA Reardon Realty Great Lakes

  • P

    Buyer's Agent in 2014

    Paul Lind

    Kay Courtney & Associates

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14034505

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-152-031

Michigan Kent County Grand Rapids 49505 Creston

1741 Coit Ave NE, Grand Rapids, MI

This home is located at 1741 Coit Ave NE, Grand Rapids, MI 49505 since 18 June 2014 and is currently estimated at $269,369. This property was built in 1882. 1741 Coit Ave NE is a home located in Kent County with nearby schools including Palmer School, Riverside 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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