$135,000
SOLD OCT 18, 2019

1826 Francis Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Recently Sold

4% Below List Price

8 Days on Market

About This Home

As of July 2023

Huge duplex with split utilites. Many updates. Long term tenant in lower unit. Upper is currently vacant, but ready to rent. Large fenced in back yard with off street parking. Water heaters were new in 2017. Nice layouts, hardwood floors and original woodwork in lower apartment.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 09/14/2019

Compass Realty Services

Last Buyer's Agent

Jodi King

Bellabay Realty LLC

Bellabay Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1915

Lot Details

  • 5,750 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

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, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,340

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

Exterior Features

  • List Price: 139900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1340.0
  • Tax Year: 2018

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
8
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $210,000 Chicago Title
Warranty Deed $135,000 Pathway Title Agency Llc
Warranty Deed $118,500 None Available
Warranty Deed $25,000 --
Quit Claim Deed -- --
Deed $20,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 New Conventional
Previous Owner $101,250 New Conventional
Previous Owner $88,875 Purchase Money Mortgage
Previous Owner $50,000 Commercial
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: 19041633

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 and is currently priced at $135,000. 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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