NOT LISTED FOR SALE

Estimated Value: $323,000 - $348,000

4 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold June 26, 2018

Last sale price $160,000

Est. 107% increase in value since last sale

Current estimated payment $2,081/month

Highlights

  • 1 Fireplace
  • East Kentwood High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2018

Conveniently located Kentwood duplex. Sale includes both 1961 and 1963. Great investment opportunity, or live in one side and rent the other. Two bedrooms and one bathroom per unit. Good rental history. Duplex has been inspected and registered with the City of Kentwood as a rental. Each unit has previously rented for $800/month with water and trash being included for the last several years. 1961 currently occupied, 1963 vacant and recently updated. Duplex could use a little more TLC, but has been priced accordingly. Highest and best offers to be due May 22 at 6:00 p.m.

Last Agent to Sell the Property

Dale Rogers

Rogers Real Estate Group, Inc License #6502391301 Listed on: 07/10/2018

Last Buyer's Agent

Brandon Snellink

RE/MAX Of Grand Rapids License #6501380659

RE/MAX Of Grand Rapids

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1968

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x119

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,445

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80x119
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2444.64
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 80x119
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2444.64
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2024
Sold by
Decker Mark D and Decker Maggie C
Bought by
Kilgore Joylynn A and Lobbezoo Fred
Current Estimated Value
$330,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Outstanding Balance
$229,087
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$99,571

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jun 26, 2018
Sold by
Duffy Lisa and Layman Lisa
Bought by
Decker Mark D and Decker Maggie C
Seller's Agent
Dale Rogers
Rogers Real Estate Group, Inc
Buyer's Agent
Brandon Snellink
RE/MAX Of Grand Rapids
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$112,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Williamson Kimberly S and Craft Irving
Bought by
Layman Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 2003
Sold by
Williamson Kimberly S
Bought by
Williamson Kimberly S and Craft Irving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Hamilton Brandon and Hamilton Tara
Bought by
Williamson Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Cook Janet R
Bought by
Hamilton Brandon and Hamilton Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Kilgore Joylynn A $309,000 Sun Title
Decker Mark D $160,000 Sun Title Agency Of Michigan
Layman Lisa $157,500 --
Williamson Kimberly S -- --
Williamson Kimberly S $146,500 --
Hamilton Brandon $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilgore Joylynn A $231,750
Previous Owner Decker Mark D $112,000
Previous Owner Layman Lisa $126,000
Previous Owner Williamson Kimberly S $131,850
Previous Owner Hamilton Brandon $88,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 For Sale $149,900 -6.3% --
06/26/2018 06/26/18 Sold $160,000 -- --
05/23/2018 05/23/18 Pending -- -- --
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 $3,049 $113,400 $0 $0
2024 $3,049 $101,300 $0 $0
2023 $3,757 $101,300 $0 $0
2022 $3,564 $71,300 $0 $0
2021 $3,479 $62,100 $0 $0
2020 $2,541 $62,100 $0 $0
2019 $2,505 $62,100 $0 $0
2018 $2,505 $58,900 $0 $0
2017 $2,445 $55,600 $0 $0
2016 $2,386 $52,500 $0 $0
2015 $2,327 $52,500 $0 $0
2013 -- $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18032192

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-378-022