NOT LISTED FOR SALE

201 Lafayette Ave NE Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $439,238 - $510,000

-- Bed
-- Bath
-- Sq Ft
3,311 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $372,500

Est. 28% increase in value since last sale

Current estimated payment $3,279/month

52 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Laundry Facilities
  • Corner Lot: Yes
  • 2 Car Garage
  • Wood Siding

About This Home

As of July 2021

Location, Location, Location! A unique opportunity to own a Heritage Hill duplex just a literal minutes' walk to GRCC, Spectrum Health, Downtown and Martha's Vineyard. Unit 1 is a 4 bed, 2 ½ bath unit featuring many new updates and lots of original character. There is access to a private patio & 2 stall garage. Unit 2 is a semi studio unit w/private entrance on the 3rd floor accessed from an outside staircase w/ small deck half way up. The large size studio also has updated kitchen and bath. Full size basement provides laundry, storage and potential workout/studio space. You must see this to appreciate the mix of modern convenience and old world character. Seller will review offers as they come in. Must wear a mask in the house and follow Covid Protocols.

Last Listed By

Linda Tanis

Steve Volkers Group - I Listed on: 04/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 1910

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 48x69
  • Corner Lot: Yes

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Laundry Facilities
  • Gross Income $33,300

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,469

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 400000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 48x69
  • Lot Size Sq Ft: 3311.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 33300.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5469.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 16, 2021
Sold by
Henckel5 Llc
Bought by
Bennett Carter Douglas and Nasella Caroline Mary
Seller's Agent
Linda Tanis
Steve Volkers Group - I
Buyer's Agent
Linda Tanis
Five Star Real Estate (Rock)
List Price
$400,000
Sold Price
$372,500
Premium/Discount to List
-$27,500
-6.88%
Total Days on Market
52
Current Estimated Value
$478,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,060
Avg. Annual Appreciation
6.29%
Original Mortgage
$214,800
Outstanding Balance
$197,079
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$273,690

Purchase Details

Closed on
Mar 13, 2020
Sold by
Henckel Russell and Henckel Angela
Bought by
Henckel5 Llc

Purchase Details

Listed on
Aug 30, 2017
Closed on
Nov 22, 2017
Sold by
Briam Frederik N and Briam Sandra Miler
Bought by
Henckel Russell and Henckel Angela
Seller's Agent
Joshua Heyboer
Keller Williams GR East
Buyer's Agent
Kymberly Erickson
Keller Williams GR North
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Brim Sandra Miller and Brim Frederick
Bought by
Brim Sandra Miller and The Frederick N Sandra Miller

Purchase Details

Closed on
Jan 17, 1997
Bought by
Brim Frederick and Brim Sandy

Purchase Details

Closed on
Nov 29, 1990
Sold by
Schwarzbek Schwarzbek R R and Schwarzbek Underhi
Bought by
Brim Frederick Sandy

Purchase Details

Closed on
Apr 30, 1987

Purchase Details

Closed on
Apr 29, 1987

Purchase Details

Closed on
Oct 30, 1985

Purchase Details

Closed on
Apr 26, 1983

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
Bennett Carter Douglas $372,500 None Available
Henckel5 Llc -- None Available
Henckel Russell $275,000 None Available
Brim Sandra Miller -- None Available
Brim Frederick $114,000 --
Brim Frederick Sandy $91,000 --
-- $74,000 --
-- $62,900 --
-- $62,900 --
-- $5,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Carter Douglas $214,800
Previous Owner Brim Frederick $416,000
Previous Owner Brim Frederick $164,000
Previous Owner Brim Frederick $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $372,500 -6.9% --
06/05/2021 06/05/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $400,000 +45.5% --
11/22/2017 11/22/17 Sold $275,000 -8.3% --
10/13/2017 10/13/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $299,900 -- --
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 $7,508 $180,800 $0 $0
2023 $7,447 $159,900 $0 $0
2022 $7,078 $136,500 $0 $0
2021 $7,046 $135,000 $0 $0
2020 $5,262 $124,000 $0 $0
2019 $5,388 $114,900 $0 $0
2018 $5,223 $98,600 $0 $0
2017 $3,776 $90,200 $0 $0
2016 $3,794 $77,800 $0 $0
2015 $3,615 $77,800 $0 $0
2013 -- $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Linda Tanis

    Steve Volkers Group - I

  • Joshua Heyboer

    Seller's Agent in 2017

    Joshua Heyboer

    Keller Williams GR East

    (616) 446-4067

    157 Total Sales

    Joshua Heyboer
    Section Image

  • K

    Buyer's Agent in 2017

    Kymberly Erickson

    Keller Williams GR North

    (616) 447-9100

    6 Total Sales

    Kymberly Erickson
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21012108

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-130-014

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

201 Lafayette Ave NE, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 201 Lafayette Ave NE, Grand Rapids, MI 49503 since 14 April 2021 and is currently estimated at $478,560. This property was built in 1910. 201 Lafayette Ave NE is a home located in Kent County with nearby schools including Grand Rapids Montessori 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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