Seller's Agent in 2023
Tim VandenToorn
United Realty Services LLC
(616) 965-2300
6 in this area
98 Total Sales
1816 Horton Ave SE Grand Rapids, MI 49507
Garfield Park Neighborhood
--
Bed
--
Bath
--
Sq Ft
5,280
Sq Ft Lot
About This Home
As of August 2023This is a rare 3 unit opportunity with a return that exceeds ''the 1% rule.'' Gross rents are $3,745.00, with potential to increase. Vouchers are now worth $1,985.00 for 3bedrooms in Grand Rapids making it possible to increase the gross rents to $5,495.00 These properties are hard to find in Grand Rapids. The property is fully occupied and the tenants are in good standing with professional management in place. One 3 bedroom unit will be opening up in the next couple of weeks. Separate utilities. The roof was just replaced this year creating a low maintenance property. City Certified until 11/25. Don't miss this opportunity to jump into immediate cash flow.
Last Agent to Sell the Property
United Realty Services LLC License #6502392770 Listed on: 07/11/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,800
Year Built
- Built in 1898
Lot Details
- 5,280 Sq Ft Lot
Parking
- 8 Parking Spaces
Home Design
- Vinyl Siding
Interior Spaces
- 2 Fireplaces
- Basement
- Michigan Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Tenant pays for gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2023
Closed on
Aug 24, 2023
Sold by
Amb Consulting Llc
Bought by
Juen Maggie and Oostenbrugge Karl
Seller's Agent
Tim VandenToorn
United Realty Services LLC
Buyer's Agent
Justin Rinks
Century 21 Affiliated (GR)
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329
Avg. Annual Appreciation
1.45%
Original Mortgage
$262,500
Outstanding Balance
$257,617
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$103,109
Purchase Details
Closed on
Aug 23, 2021
Sold by
Bozymowski Alexander Marcel
Bought by
Amb Consulting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 29, 2019
Closed on
Jan 31, 2020
Sold by
Aguillon Alvaro
Bought by
Bozymowski Alexander Marcel
Seller's Agent
Jim Yurgaites
Pyramid Realty
Buyer's Agent
Vaughn Greathouse
Five Star Real Estate (Grandv)
List Price
$217,000
Sold Price
$217,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$162,750
Interest Rate
3.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 17, 2014
Sold by
Aguillon Alicia
Bought by
Aguillon Alvaro
Purchase Details
Closed on
May 19, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Agullon Alvaro
Purchase Details
Closed on
Jul 1, 2008
Sold by
Us Bank Na
Bought by
Hud
Purchase Details
Closed on
Mar 19, 2008
Sold by
Tejada Angel L and Tejada Ingrid R
Bought by
Us Bank Na and Cwmbs 2006-R1
Purchase Details
Closed on
Oct 1, 2004
Sold by
Taveras Jennifer B
Bought by
Tejada Angel L and Tejada Ingrid R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,166
Interest Rate
5.85%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 27, 1995
Sold by
Cusack Cusack T T and Cusack Griffin W
Bought by
Agullon Griffin W and Agullon Alvaro
Purchase Details
Closed on
Apr 26, 1995
Sold by
Ballas Ballas C C and Ballas Cusak T
Bought by
Agullon Cusak T and Agullon Alvaro
Purchase Details
Closed on
Dec 9, 1993
Sold by
Cusack Cusack T T and Cusack Griffin W
Bought by
Agullon Alvaro
Purchase Details
Closed on
Nov 20, 1992
Sold by
Ybarra Ybarra D D and Ybarra Cusack T
Bought by
Agullon Alvaro
Purchase Details
Closed on
Feb 17, 1992
Sold by
Cusack Cusack T T and Cusack Ybarra D
Bought by
Agullon Alvaro
Purchase Details
Closed on
Sep 1, 1983
Sold by
Vandenboss Vandenboss S S and Vandenboss Arens R
Bought by
Agullon Alvaro
Purchase Details
Closed on
Aug 3, 1983
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Irongate Title Agency | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $217,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $18,777 | None Available | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $122,038 | None Available | |
| Warranty Deed | $118,000 | Chicago Title | |
| Warranty Deed | $20,000 | -- | |
| Warranty Deed | $16,000 | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $36,900 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | New Conventional | |
| Previous Owner | $192,000 | Commercial | |
| Previous Owner | $162,750 | Commercial | |
| Previous Owner | $116,166 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $350,000 | 0.0% | -- |
| 07/16/2023 07/16/23 | Pending | -- | -- | -- |
| 07/11/2023 07/11/23 | For Sale | $349,900 | 0.0% | -- |
| 06/30/2023 06/30/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $349,900 | +61.2% | -- |
| 02/03/2020 02/03/20 | Sold | $217,000 | 0.0% | -- |
| 01/04/2020 01/04/20 | Pending | -- | -- | -- |
| 07/29/2019 07/29/19 | For Sale | $217,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $6,196 | $131,200 | $0 | $0 |
| 2024 | $6,196 | $124,200 | $0 | $0 |
| 2023 | $5,047 | $107,900 | $0 | $0 |
| 2022 | $4,978 | $96,000 | $0 | $0 |
| 2021 | $4,984 | $95,500 | $0 | $0 |
| 2020 | $1,913 | $81,600 | $0 | $0 |
| 2019 | $2,127 | $64,000 | $0 | $0 |
| 2018 | $4,107 | $53,400 | $0 | $0 |
| 2017 | $1,853 | $39,600 | $0 | $0 |
| 2016 | $1,927 | $34,700 | $0 | $0 |
| 2015 | $1,774 | $34,700 | $0 | $0 |
| 2013 | -- | $40,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tim VandenToorn
-
Justin Rinks
Buyer's Agent in 2023
Justin Rinks
Century 21 Affiliated (GR)
(616) 457-2000
2 in this area
70 Total Sales
-
Jim Yurgaites
Seller's Agent in 2020
Jim Yurgaites
Pyramid Realty
(616) 540-0300
5 Total Sales
-
Vaughn Greathouse
V
Buyer's Agent in 2020
Vaughn Greathouse
Five Star Real Estate (Grandv)
(616) 232-5874
3 in this area
89 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23021400
APN: 41-18-06-352-005
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