NOT LISTED FOR SALE

1812 Buchanan Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $203,000 - $235,000

2 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold January 15, 2014

Last sale price $23,600

Est. 826% increase in value since last sale

Current estimated payment $1,325/month

10 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Forced Air Heating System

About This Home

As of January 2014

Wonderful opportunity to own a multi family unit. This home has many of the original features and some updates. Beautiful woodwork throughout. Unit one features two bedrooms and one bath with a family area, dining area and kitchen. Family room, dining area and kitchen all feature tile floors. Unit two offers two bedrooms, one bath with a family area, and open kitchen and dining area. Unit two also has a large bonus room in the attic area that has been finished. Separate access, separate electric meters and classified as a two family unit with the city. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Steven Hanson

Hanson Real Estate Group License #6502371304 Listed on: 12/13/2013

Last Buyer's Agent

Maria Saucedo Salas

Continental Realty of West Michigan by Maria Saucedo License #6506045478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40 x 80
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 40 x 80
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 15900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 40 x 80
  • Lot Size Sq Ft: 3049.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2017
Sold by
Zepeda Leidy
Bought by
Zepeda Edgar and Zepeda Leidy
Current Estimated Value
$218,642

Purchase Details

Listed on
Dec 13, 2013
Closed on
Jan 15, 2014
Sold by
Fannie Mae
Bought by
Zepeda Leidy
Seller's Agent
Steven Hanson
Hanson Real Estate Group
Buyer's Agent
Maria Saucedo Salas
Continental Realty of West Michigan by Maria Saucedo
List Price
$15,900
Sold Price
$23,600
Premium/Discount to List
$7,700
48.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.26%

Purchase Details

Closed on
Jul 1, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 22, 2013
Sold by
Herrera Felix and Herrera Lucila
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 15, 1999
Bought by
Hrrera Hrrera F and Hrrera L

Purchase Details

Closed on
Aug 13, 1998
Sold by
Vilsaint Vilsaint D D and Vilsaint M
Bought by
Zepeda Smith S and Zepeda Leidy

Purchase Details

Closed on
Aug 10, 1998
Sold by
Vndrwd Vndrwd B B and Vndrwd Vlsnt D
Bought by
Zepeda Leidy

Purchase Details

Closed on
Sep 8, 1995
Bought by
Zepeda Vilsaint and Zepeda Leidy

Purchase Details

Closed on
Sep 30, 1993
Sold by
Ortiz Mpr and Ortiz Vandrweide
Bought by
Zepeda Leidy

Purchase Details

Closed on
Oct 2, 1992
Sold by
Vanderweide Vanderweide A A and Vanderweide Ortiz
Bought by
Zepeda Leidy

Purchase Details

Closed on
Jul 27, 1984
Bought by
Zepeda Leidy
Source: Public Records

Range of Values:

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Average Value
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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
Zepeda Edgar -- None Available
Zepeda Leidy $23,600 None Available
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $99,568 None Available
Hrrera Hrrera F $10,000 --
Zepeda Smith S $4,500 --
Zepeda Leidy $35,000 --
Zepeda Vilsaint -- --
Zepeda Leidy -- --
Zepeda Leidy -- --
Zepeda Leidy $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steward William $30,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $23,600 +48.4% --
12/23/2013 12/23/13 Pending -- -- --
12/13/2013 12/13/13 For Sale $15,900 -- --
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 $1,596 $94,800 $0 $0
2024 $1,596 $89,100 $0 $0
2023 $1,583 $79,200 $0 $0
2022 $1,505 $65,500 $0 $0
2021 $1,466 $59,000 $0 $0
2020 $1,417 $49,900 $0 $0
2019 $1,451 $41,700 $0 $0
2018 $1,407 $34,900 $0 $0
2017 $1,372 $29,200 $0 $0
2016 $1,379 $25,700 $0 $0
2015 $1,314 $25,700 $0 $0
2013 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Hanson

    Seller's Agent in 2014

    Steven Hanson

    Hanson Real Estate Group

    (616) 291-2668

    235 Total Sales

    Steven Hanson
    Section Image

  • M

    Buyer's Agent in 2014

    Maria Saucedo Salas

    Continental Realty of West Michigan by Maria Saucedo

    (616) 808-7586

    1 in this area

    45 Total Sales

    Maria Saucedo Salas
    Section Image

  • M

    Buyer's Agent in 2014

    Maria Martinez

    Brooks Real Estate Group - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13068631

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-476-029

Michigan Kent County Grand Rapids 49507 Garfield Park

1812 Buchanan Ave SW, Grand Rapids, MI

This home is located at 1812 Buchanan Ave SW, Grand Rapids, MI 49507 since 13 December 2013 and is currently estimated at $218,642. This property was built in 1915. 1812 Buchanan Ave SW 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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