NOT LISTED FOR SALE

1810 Lafayette Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $168,000 - $226,000

3 Beds
2 Baths
-- Sq Ft
348 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $120,000

Est. 65% increase in value since last sale

Current estimated payment $1,366/month

2 Days on Market

About This Home

As of March 2021

Two unit duplex home has two long term tenants on 100% section 8. Leases are month to month and total rent for duplex is $1450.00. City certified in 2020 with a four year cert. Split utilities with newer higher efficiency mechanicals. Great investment opportunity. Tenants have been there for 6-8 years and would like to stay.

Last Agent to Sell the Property

Jon Timmer

Childress & Associates Realty License #6501345949 Listed on: 02/22/2021

Last Buyer's Agent

Joshua Williams

Bellabay Realty LLC License #6501417137

Bellabay Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1923

Lot Details

  • 348 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,221

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 120000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 348.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2221.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 17, 2021
Sold by
Calibre Properties Llc
Bought by
Jw Remodeling Llc
Seller's Agent
Jon Timmer
Childress & Associates Realty
Buyer's Agent
Joshua Williams
Bellabay Realty LLC
List Price
$120,000
Sold Price
$120,000
Total Days on Market
2
Current Estimated Value
$198,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,277
Avg. Annual Appreciation
12.64%
Original Mortgage
$119,400
Outstanding Balance
$108,293
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$89,985

Purchase Details

Closed on
Aug 23, 2019
Sold by
Timmer Joe
Bought by
Calibre Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2019
Sold by
Chrsitine Holdings Llc
Bought by
Timmer Joseph Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2009
Sold by
Strong John L and Strong Leola M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Dec 30, 1985

Purchase Details

Closed on
Jul 24, 1985
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
Jw Remodeling Llc $116,400 Chicago Title Of Michigan In
Calibre Properties Llc -- None Available
Timmer Joseph Mark $85,000 None Available
Bank Of America National Association $8,700 None Available
-- $33,600 --
-- $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jw Remodeling Llc $119,400
Previous Owner Timmer Joseph Mark $63,750
Previous Owner Christie Holdings Llc $510,000
Previous Owner Strong John L $73,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $120,000 0.0% --
02/24/2021 02/24/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $120,000 -- --
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
2024 $3,036 $74,600 $0 $0
2023 $2,902 $66,600 $0 $0
2022 $2,862 $55,200 $0 $0
2021 $2,212 $49,700 $0 $0
2020 $2,138 $41,800 $0 $0
2019 $883 $25,300 $0 $0
2018 $856 $21,500 $0 $0
2017 $835 $18,100 $0 $0
2016 $839 $16,000 $0 $0
2015 $800 $16,000 $0 $0
2013 -- $19,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jon Timmer

    Childress & Associates Realty

    (616) 581-6727

    3 in this area

    82 Total Sales

    Jon Timmer
    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Williams

    Bellabay Realty LLC

    (616) 871-9200

    17 in this area

    149 Total Sales

    Joshua Williams
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21005271

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-378-007

Michigan Kent County Grand Rapids 49507 Garfield Park

1810 Lafayette Ave SE, Grand Rapids, MI

This home is located at 1810 Lafayette Ave SE, Grand Rapids, MI 49507 since 22 February 2021 and is currently estimated at $198,277. This property was built in 1923. 1810 Lafayette 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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