NOT LISTED FOR SALE

1826 Francis Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $214,042 - $230,000

-- Bed
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $210,000

Est. 6% increase in value since last sale

Current estimated payment $1,603/month

6 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of July 2023

Great investment property! Large duplex with split utilities. Longtime tenant in first unit second unit is currently ready to live in or rent! Off street parking. Easy access to highway!!

Last Agent to Sell the Property

Jodi King

Bellabay Realty LLC Listed on: 06/01/2023

Bellabay Realty LLC

Last Buyer's Agent

Yolanda Moumouni

City2Shore Real Estate (GR) License #6501443782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1915

Lot Details

  • 5,750 Sq Ft Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,590

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 220000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 43.4*132
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2590.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 28, 2023
Sold by
Moumouni Illiassou
Bought by
1826 Francis Ave Llc
Seller's Agent
Jodi King
Bellabay Realty LLC
Buyer's Agent
Yolanda Moumouni
City2Shore Real Estate (GR)
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Total Days on Market
6
Views
16
Current Estimated Value
$222,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,511
Avg. Annual Appreciation
3.13%
Original Mortgage
$168,000
Outstanding Balance
$164,809
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$57,702

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 14, 2023
Sold by
Potts Mickel D and Potts Elizabeth
Bought by
Moumouni Illiassou
Seller's Agent
Jodi King
Bellabay Realty LLC
Buyer's Agent
Yolanda Moumouni
City2Shore Real Estate (GR)
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$164,809
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$57,702

Purchase Details

Listed on
Sep 14, 2019
Closed on
Oct 18, 2019
Sold by
Silver Elm Real Esatate Llc
Bought by
Potts Mickell D and Fierro Elizabeth
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Jodi King
Bellabay Realty LLC
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%
Original Mortgage
$101,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
Residential Reconstruction And Resale Ll
Bought by
Silver Elm Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,875
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1996
Sold by
Drenth Drenth A A and Drenth Schultze W
Bought by
Schultze Schultze W and Schultze Walter

Purchase Details

Closed on
Feb 19, 1996
Sold by
Drenth Drenth S S and Drenth A
Bought by
Schultze Drenth A and Schultze Walter

Purchase Details

Closed on
Apr 14, 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
1826 Francis Ave Llc -- None Listed On Document
Moumouni Illiassou $210,000 Chicago Title
Potts Mickell D $135,000 Pathway Title Agency Llc
Silver Elm Real Estate Llc $118,500 None Available
Schultze Schultze W $25,000 --
Schultze Drenth A -- --
-- $20,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moumouni Illiassou $168,000
Previous Owner Potts Mickell D $101,250
Previous Owner Silver Elm Real Estate Llc $88,875
Previous Owner Rrr Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $210,000 -4.5% --
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $220,000 +63.0% --
10/18/2019 10/18/19 Sold $135,000 -3.5% --
09/22/2019 09/22/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $139,900 -- --
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 $4,245 $85,100 $0 $0
2023 $2,627 $75,900 $0 $0
2022 $2,591 $63,000 $0 $0
2021 $2,524 $56,700 $0 $0
2020 $2,440 $47,700 $0 $0
2019 $2,129 $39,900 $0 $0
2018 $1,341 $33,200 $0 $0
2017 $1,308 $27,800 $0 $0
2016 $1,314 $24,500 $0 $0
2015 $1,252 $24,500 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jodi King

    Bellabay Realty LLC

    (616) 871-9200

    1 in this area

    62 Total Sales

    Jodi King
    Section Image

  • Y

    Buyer's Agent in 2023

    Yolanda Moumouni

    City2Shore Real Estate (GR)

    (616) 325-1310

    1 in this area

    5 Total Sales

    Yolanda Moumouni
    Section Image

  • A

    Seller's Agent in 2019

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    5 in this area

    140 Total Sales

    Allison Koetsier
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23018266

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-353-009

Michigan Kent County Grand Rapids 49507 Garfield Park

1826 Francis Ave SE, Grand Rapids, MI

This home is located at 1826 Francis Ave SE, Grand Rapids, MI 49507 since 01 June 2023 and is currently estimated at $222,511. This property was built in 1915. 1826 Francis 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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