NOT LISTED FOR SALE

2009 Edgewood Ave SE Grand Rapids, MI 49546

Ridgemoor Neighborhood

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

2 Beds
3 Baths
-- Sq Ft
0.27 Acres

Last Sold March 19, 2021

Last sale price $296,100

Est. 34% increase in value since last sale

Current estimated payment $2,601/month

6 Days on Market

Highlights

  • Corner Lot: Yes
  • 4 Car Garage
  • High Speed Internet
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Wood Siding

About This Home

As of March 2021

Great investment or owner-occupant opportunity in a convenient SE location near Calvin College. Each unit has 2 bedrooms, washer and dryer, central air and an unfinished full basement for storage or future living space. Two-stall attached garage with room in driveway to park 2 more vehicles. South unit has patio area in backyard. City of GR Cert. of Compliance in hand until 03/2024 and units managed by LeaseGR.com. Please note showing schedule and restrictions. Seller has directed Listing Broker to hold offers until 10 am on Tuesday, 03/02/2021

Last Agent to Sell the Property

Robert Novosad

Novosad Realty Partners, LLC License #6502321102 Listed on: 02/24/2021

Co-Listed By

Lisa Novosad

Novosad Realty Partners, LLC License #6502380487

Last Buyer's Agent

Ryan Mutchler

Keller Williams GR East License #6501431484

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 87 x 134
  • Corner Lot: Yes

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Listing and Financial Details

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

Community Details

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $2,400
  • Manager Expense $1,200
  • Utility Expense $1,550
  • Operating Expense $6,650
  • Gross Income $21,400
  • Net Operating Income $14,750

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,145

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 285000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11674.0
  • Zoning Description: Res - Multi
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 21400.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2400.0
  • Manager Expense: 1200.0
  • Net Operating Income: 14750.0
  • Number of Units Total: 2
  • Operating Expense: 6650.0

Tax Info

  • Tax Annual Amount: 4145.0
  • Tax Year: 2020

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
6
Current Estimated Value
$396,104

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 19, 2021
Sold by
2009 2011 Edgewood Se Llc
Bought by
Young Jim
Seller's Agent
Robert Novosad
Novosad Realty Partners, LLC
Buyer's Agent
Ryan Mutchler
Keller Williams GR East
List Price
$285,000
Sold Price
$296,100
Premium/Discount to List
$11,100
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

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

Closed on
Sep 6, 2013
Sold by
Ippel Thomas L and Ippel Mary K
Bought by
Villalobos Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
03/19/2021 03/19/21 Sold $296,100 +3.9% --
03/02/2021 03/02/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $285,000 -- --
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
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

  • Robert Novosad

    Seller's Agent in 2021

    Robert Novosad

    Novosad Realty Partners, LLC

    (616) 437-0200

    3 in this area

    95 Total Sales

    Robert Novosad
    Section Image
  • Lisa Novosad

    Seller Co-Listing Agent in 2021

    Lisa Novosad

    Novosad Realty Partners, LLC

    (616) 437-0209

    3 in this area

    147 Total Sales

    Lisa Novosad
    Section Image

  • R

    Buyer's Agent in 2021

    Ryan Mutchler

    Keller Williams GR East

  • M

    Buyer Co-Listing Agent in 2021

    Michael Smallegan

    Keller Williams GR East

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21005509

Southwestern Michigan Association of REALTORS®

APN: 41-18-10-203-016

Michigan Kent County Grand Rapids 49506 Ridgemoor

2009 Edgewood Ave SE, Grand Rapids, MI

This home is located at 2009 Edgewood Ave SE, Grand Rapids, MI 49546 since 24 February 2021 and is currently estimated at $396,104. This property was built in 1973. 2009 Edgewood Ave SE 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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