NOT LISTED FOR SALE

1997 52nd St SE Grand Rapids, MI 49508

Estimated Value: $351,000 - $400,000

-- Bed
2 Baths
-- Sq Ft
0.37 Acres

Last Sold June 26, 2014

Last sale price $140,000

Est. 168% increase in value since last sale

Current estimated payment $2,253/month

411 Days on Market

Highlights

  • 0.37 Acre Lot
  • East Kentwood High School Rated A-
  • Forced Air Heating System

About This Home

As of June 2014

Solid duplex with great rental history. $860 per side. Both units 1,000 sq ft on the main floor plus another 400 finished in the lower level for a total finished living area of about 1,400 sq ft each. Each unit also has 3 bedrooms, a living room, dining, kitchen, 2 bedrooms on the main floor, bath and large basements with family/rec rooms, 3rd bedroom w/egress windows, laundry and storage. Shared 2 car attached garage, plenty of off street parking and a big yard. Great rental location close to all ammenities. Tenants are month to month.

Last Agent to Sell the Property

Edward Hansen

Keller Williams GR North (Main) License #6502376437 Listed on: 05/05/2013

Keller Williams GR North (Main)

Last Buyer's Agent

Edward Hansen

Prudential Fase Realty (S)-I

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1969

Lot Details

  • 0.37 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Gross Income $20,640

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,244

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 147900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16117.0

Rental Info

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

Multi Family

  • Gross Income: 20640.0

Tax Info

  • Tax Annual Amount: 3244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Dhaurali Padam and Phauda Karki
Bought by
Phauda Karki
Current Estimated Value
$374,515

Purchase Details

Listed on
May 5, 2013
Closed on
Jun 26, 2014
Sold by
Innovative Builders & Remodelers Llc
Bought by
Dhaurali Padam and Phauda Karki
Seller's Agent
Edward Hansen
Keller Williams GR North (Main)
Buyer's Agent
Edward Hansen
Keller Williams GR North (Main)
List Price
$169,000
Sold Price
$140,000
Premium/Discount to List
-$29,000
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Apr 16, 2010
Sold by
Kellermeier Blaine E and Kellermeier Mary K
Bought by
Innovative Builders & Remodelers Llc

Purchase Details

Closed on
Jan 11, 2010
Sold by
Rosa Faith and Rosa Benjamin
Bought by
Kellermeier Blaine E and Kellermeier Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2008
Sold by
Rosa Benjamin
Bought by
Rosa Faith and Rosa Benjamin
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
Phauda Karki -- None Available
Dhaurali Padam $140,000 None Available
Dhaurali Padam -- None Available
Innovative Builders & Remodelers Llc -- None Available
Kellermeier Blaine E $131,000 Midstate Title Agency Llc
Rosa Faith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kellermeier Blaine E $104,800
Previous Owner Rosa Benjamin $40,000
Previous Owner Rosa Benjamin $25,000
Previous Owner Rosa Benjamin $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $140,000 -17.2% --
06/20/2014 06/20/14 Pending -- -- --
05/05/2013 05/05/13 For Sale $169,000 -- --
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 $3,295 $182,900 $0 $0
2024 $3,295 $148,100 $0 $0
2023 $3,415 $148,100 $0 $0
2022 $3,222 $115,200 $0 $0
2021 $3,150 $102,400 $0 $0
2020 $2,408 $92,200 $0 $0
2019 $3,072 $79,000 $0 $0
2018 $3,006 $70,200 $0 $0
2017 $2,931 $65,800 $0 $0
2016 $2,851 $61,400 $0 $0
2015 $2,769 $61,400 $0 $0
2013 -- $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Hansen

    Seller's Agent in 2014

    Edward Hansen

    Keller Williams GR North (Main)

    (616) 291-7178

    121 Total Sales

    Edward Hansen
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13024600

Southwestern Michigan Association of REALTORS®

APN: 41-18-28-380-021

Michigan Kent County Grand Rapids 49508

1997 52nd St SE, Grand Rapids, MI

This home is located at 1997 52nd St SE, Grand Rapids, MI 49508 since 05 May 2013 and is currently estimated at $374,515. This property was built in 1969. 1997 52nd St SE is a home located in Kent County with nearby schools including Bowen Elementary, Crestwood Middle School, and East Kentwood 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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