NOT LISTED FOR SALE

2009 Edgewood Ave SE Unit 2 Grand Rapids, MI 49546

Ridgemoor Neighborhood

Estimated Value: $378,416 - $413,000

2 Beds
3 Baths
-- Sq Ft
11,658 Acres

Last Sold September 06, 2013

Last sale price $148,900

Est. 166% increase in value since last sale

Current estimated payment $2,601/month

19 Days on Market

Highlights

  • 11,658 Acre Lot
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 1 Fireplace
  • 6 Car Garage
  • High Speed Internet

About This Home

As of September 2013

Grand Rapids Real Estate for sale! Popular Calvin College area for this duplex. Over 1200 ft. 2 story on one side and good sized ranch style for the other unit make this a very desirable property with owner occupant possibilities. Both units have full basements, washers and dryers and central air. South unit has covered patio over looking a surprisingly private back yard. Mechanicals in both units have been updated and the basements are unfinished and offer the potential of more sq. footage if finished. Walking distance to Calvin College and Breton Village make this an easy one to keep occupied. Owner has not leased larger unit in order to make it more appealing to the owner occupant and there is a lease on the south unit thru May of 2014. This one is worth a look and priced to sell.

Last Agent to Sell the Property

Mike Oostendorp

Keller Williams GR East License #6501201638 Listed on: 06/26/2013

Keller Williams GR East

Last Buyer's Agent

Robert Novosad

Novosad Realty Partners, LLC License #6502321102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 1973

Lot Details

  • 11,658 Acre Lot

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water, sewer

Community Details

Building Details

  • Insurance Expense $1,273
  • Maintenance Expense $500
  • Utility Expense $900
  • Operating Expense $2,673
  • Gross Income $18,480
  • Net Operating Income $15,806

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,443

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 11658.0
  • Lot Size Area: 11658.0
  • Lot Dimensions: 87 * 134
  • Lot Size Sq Ft: 507822480.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 18480.0
  • Insurance Expense: 1273.0
  • Maintenance Expense: 500.0
  • Net Operating Income: 15806.0
  • Number of Units Total: 2
  • Operating Expense: 2673.0

Tax Info

  • Tax Annual Amount: 3443.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Young James E
Bought by
Young Bailey M and Young James E
Total Days on Market
19
Current Estimated Value
$396,104

Purchase Details

Closed on
Mar 19, 2021
Sold by
2009 2011 Edgewood Se Llc
Bought by
Young Jim

Purchase Details

Closed on
Nov 28, 2016
Sold by
Villalobos Thomas D
Bought by
2009-2011 Edgewood Se Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,950
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2014
Sold by
Villalobos Thomas D
Bought by
2009 2011 Edgewood Se Llc

Purchase Details

Listed on
Jun 26, 2013
Closed on
Sep 6, 2013
Sold by
Ippel Thomas L and Ippel Mary K
Bought by
Villalobos Thomas D
Seller's Agent
Mike Oostendorp
Keller Williams GR East
Buyer's Agent
Robert Novosad
Novosad Realty Partners, LLC
List Price
$149,900
Sold Price
$148,900
Premium/Discount to List
-$1,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$111,675
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1999
Bought by
Ippel T and 2009-2011 Edgewood Se Llc
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
Young Bailey M -- None Listed On Document
Young Jim $296,100 Pathway Title Agency Llc
2009-2011 Edgewood Se Lc -- None Available
Villalobos Thomas D -- None Available
Villobos Thomas D -- None Available
2009 2011 Edgewood Se Llc -- None Available
Villalobos Thomas D $148,900 Grand Rapids Title Agency Ll
Ippel T $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villalobos Thomas D $109,950
Previous Owner Villalobos Thomas D $111,675
Previous Owner Ippel Thomas L $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $148,900 -0.7% --
07/15/2013 07/15/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $149,900 -- --
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 $4,637 $135,100 $0 $0
2023 $4,651 $116,900 $0 $0
2022 $4,418 $107,900 $0 $0
2021 $4,127 $100,300 $0 $0
2020 $3,989 $91,500 $0 $0
2019 $4,084 $82,000 $0 $0
2018 $3,959 $76,100 $0 $0
2017 $3,862 $62,900 $0 $0
2016 $3,251 $60,600 $0 $0
2015 $3,098 $60,600 $0 $0
2013 -- $62,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mike Oostendorp

    Keller Williams GR East

    (616) 957-1119

    4 in this area

    93 Total Sales

    Mike Oostendorp
    Section Image
  • Robert Novosad

    Buyer's Agent in 2013

    Robert Novosad

    Novosad Realty Partners, LLC

    (616) 437-0200

    3 in this area

    95 Total Sales

    Robert Novosad
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13037005

Southwestern Michigan Association of REALTORS®

APN: 41-18-10-203-016

Michigan Kent County Grand Rapids 49506 Ridgemoor

2009 Edgewood Ave SE Unit 2, Grand Rapids, MI

This home is located at 2009 Edgewood Ave SE Unit 2, Grand Rapids, MI 49546 since 26 June 2013 and is currently estimated at $396,104. This property was built in 1973. 2009 Edgewood Ave SE Unit 2 is a home located in Kent County with nearby schools including Sherwood Park Global Studies 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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