NOT LISTED FOR SALE

Estimated Value: $222,000 - $241,000

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold June 16, 2017

Last sale price $82,000

Est. 183% increase in value since last sale

Current estimated payment $1,504/month

12 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • High Speed Internet
  • Wooded Lot
  • 2 Car Garage
  • Level Lot

About This Home

As of June 2017

Great investment opportunity in Grand Rapids. Both units currently occupied, unit has certificate of compliance. Well maintained rental. Beautiful original hardwood on main floor unit, could be converted into single family. Great rental history with a property manager. Make an appointment to see today. Large lot with two stall garage. Close to downtown and easy access to expressways. Photos courtesy of Urban Pharm from last time home was vacant, may not represent current condition as units are occupied. See also MLS 17022281.

Last Agent to Sell the Property

Debbie Schuhman

Keller Williams GR East License #6501345833 Listed on: 05/15/2017

Keller Williams GR East

Last Buyer's Agent

Steve Bouman

Coldwell Banker Woodland Schmidt License #6501391320

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1903

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 138
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $18,360

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,705

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 89900.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 18360.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1705.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 16, 2017
Sold by
Batchelder Christopher P and Batchelder Betti Adi
Bought by
Anderson Michael and Anderson Kelli
Seller's Agent
Debbie Schuhman
Keller Williams GR East
Buyer's Agent
Steve Bouman
Coldwell Banker Woodland Schmidt
List Price
$99,900
Sold Price
$82,000
Premium/Discount to List
-$17,900
-17.92%
Total Days on Market
12
Current Estimated Value
$232,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,372
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
May 7, 2008
Sold by
The Coppess Group Llc
Bought by
Batchelder Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2006
Sold by
Kirkman Charles S
Bought by
Residential Funding Corp

Purchase Details

Closed on
Nov 1, 1996
Sold by
Chaves Chaves J J and Chaves Kirkman C
Bought by
Batchelder Kirkman C and Batchelder Christopher P

Purchase Details

Closed on
Jul 20, 1987
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
Anderson Michael $82,000 Sun Title Agency Of Michigan
Batchelder Christopher P $95,000 None Available
Residential Funding Corp $76,500 None Available
Batchelder Kirkman C $59,900 --
-- $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batchelder Christopher P $74,900
Previous Owner Batchelder Christopher P $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $82,000 -17.9% --
05/27/2017 05/27/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $99,900 -- --
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
2024 $2,398 $104,900 $0 $0
2023 $2,379 $93,400 $0 $0
2022 $2,261 $77,400 $0 $0
2021 $2,203 $69,700 $0 $0
2020 $2,129 $58,700 $0 $0
2019 $2,180 $49,100 $0 $0
2018 $2,114 $39,900 $0 $0
2017 $1,575 $33,500 $0 $0
2016 $1,713 $29,500 $0 $0
2015 $1,508 $29,500 $0 $0
2013 -- $36,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17022279

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-351-030