L
Seller's Agent in 2021
Linda Tanis
Steve Volkers Group - I
201 Lafayette Ave NE Grand Rapids, MI 49503
Downtown Grand Rapids Neighborhood
--
Bed
--
Bath
--
Sq Ft
3,312
Sq Ft Lot
Highlights
- Corner Lot: Yes
- 2 Car Garage
- Wood Siding
- Forced Air Heating System
- Laundry Facilities
About This Home
As of July 2021Location, Location, Location! A fantastic opportunity to own a Heritage Hill duplex as an investment or owner occupied residence just a minutes’ walk to CC and downtown. The lower 4 bed, 1 ½ bath unit will generate $2000-$2200/mo in rent. Beautiful woodwork throughout including a stunning green glazed fireplace – all original - in the living room, oak floors, a set of pocket doors, leaded glass windows, a bay window in the dining room & a fantastic oak panty. Enjoy fall on the front porch. A small foyer with 2 beveled glass doors open up to the living room, a study area and ½ bath. Off the kitchen, a mud room & access to a private patio & 2 stall garage. This unit’s double stair case from the kitchen and living room lead up to the 2nd floor offering 3 generous sized bedrooms, a smaller 4th, & a full bath. The 2nd unit is on the third floor accessed from a outside staircase with small deck half way up. Large size makes it very rentable! Full size basement provides laundry and storage. Newer water heater and furnace in unit one . This house could also be owner occupied with the 2nd unit supplementing your house payment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,658
Year Built
- Built in 1910
Lot Details
- 3,312 Sq Ft Lot
- Lot Dimensions are 48 x 69
- Corner Lot: Yes
Parking
- 2 Car Garage
Home Design
- Composition Roof
- Rubber Roof
- Wood Siding
Basement
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for water, trash collection, sewer, gas
- The owner pays for water, sewer, gas
Community Details
Building Details
- Insurance Expense $1,300
- Maintenance Expense $500
- Utility Expense $600
- Gross Income $32,100
Additional Features
- 2 Units
- Laundry Facilities
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,420
Avg. Annual Appreciation
6.95%
Original Mortgage
$214,800
Outstanding Balance
$195,827
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$297,406
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 (Main)
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
7.75%
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $372,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $275,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $114,000 | -- | |
| Warranty Deed | $91,000 | -- | |
| Deed | $74,000 | -- | |
| Deed | $62,900 | -- | |
| Deed | $62,900 | -- | |
| Deed | $5,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,800 | New Conventional | |
| Previous Owner | $416,000 | Unknown | |
| Previous Owner | $164,000 | New Conventional | |
| Previous Owner | $90,000 | Credit Line Revolving |
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
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 | $7,508 | $188,500 | $0 | $0 |
| 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
-
-
Joshua Heyboer
Seller's Agent in 2017
Joshua Heyboer
Keller Williams GR East
(616) 446-4067
134 Total Sales
-
Kymberly Erickson
K
Buyer's Agent in 2017
Kymberly Erickson
Keller Williams GR North (Main)
(616) 447-9100
6 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 17044127
APN: 41-14-30-130-014
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