NOT LISTED FOR SALE

202 Leonard St NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $299,000 - $331,000

4 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold March 21, 2023

Last sale price $280,000

Est. 14% increase in value since last sale

Current estimated payment $2,173/month

55 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to Mary Waters Park
  • Brick or Stone Mason
  • High Speed Internet

About This Home

As of March 2023

Great opportunity to own a cash flowing 3 unit! Units are all vacant and turn key ready. Separate utilities, off-street parking and great location. Two of the units are 2 bed 1 bath and the third is a 3 bed 1 bath. Great location and income producing property. Schedule your showing today.

Last Agent to Sell the Property

Brittany Thomas

United Realty Services LLC License #6501407628 Listed on: 01/10/2023

Co-Listed By

Jacob Thomas

United Realty Services LLC

Last Buyer's Agent

Mallorie Kragt

Greenridge Realty License #6506048616

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,355

Year Built

  • Built in 1885

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Brick or Stone Mason
  • Aluminum Siding
  • Stone

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,355

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1885
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50*100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3355.09
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Util Avail at Street:Broadband: Yes
  • Extras:Sep Gas Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • List Price: 280000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 2:Garage5: Yes
  • Unit 3:Garage6: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 50*100
  • Lot Size Sq Ft: 5001.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3355.09
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 21, 2023
Sold by
Kragt Adam
Bought by
Amk Rentals Llc
Seller's Agent
Brittany Thomas
United Realty Services LLC
Buyer's Agent
Mallorie Kragt
Greenridge Realty
List Price
$280,000
Sold Price
$280,000
Views
9
Current Estimated Value
$318,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,514
Avg. Annual Appreciation
5.40%
Original Mortgage
$210,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2019
Sold by
Chan Jackie and Yeung Joyce
Bought by
Jj Leonard Development Llc

Purchase Details

Closed on
Aug 30, 2019
Sold by
Ray Matthew T
Bought by
Chan Jackie and Yeung Joyce

Purchase Details

Closed on
Nov 1, 2002
Sold by
Hud
Bought by
Ray Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,625
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1998
Sold by
Bm Vnslk
Bought by
Ray Gssndnnr A and Ray Matthew T

Purchase Details

Closed on
Feb 25, 1993
Sold by
Buskard Buskard E E and Buskard Vanslyke J
Bought by
Ray Matthew T

Purchase Details

Closed on
Jan 29, 1982
Bought by
Ray Matthew T
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
Amk Rentals Llc -- None Listed On Document
Kragt Adam $280,000 Bell Title
Jj Leonard Development Llc -- None Available
Chan Jackie $170,000 Bell Ttl Agcy Of Grand Rapid
Ray Matthew T $66,250 --
Ray Gssndnnr A $70,000 --
Ray Matthew T $55,900 --
Ray Matthew T $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amk Rentals Llc $248,500
Closed Kragt Adam $210,000
Previous Owner Ray Matthew T $15,000
Previous Owner Ray Matthew T $59,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $280,000 0.0% --
01/17/2023 01/17/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $280,000 0.0% --
12/31/2022 12/31/22 Pending -- -- --
11/23/2022 11/23/22 For Sale $280,000 -- --
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 $5,293 $122,100 $0 $0
2024 $5,293 $106,100 $0 $0
2023 $3,623 $90,900 $0 $0
2022 $3,443 $91,600 $0 $0
2021 $3,355 $71,700 $0 $0
2020 $3,243 $63,400 $0 $0
2019 $1,957 $55,200 $0 $0
2018 $1,957 $44,000 $0 $0
2017 $1,909 $41,300 $0 $0
2016 $1,919 $37,300 $0 $0
2015 $1,828 $37,300 $0 $0
2013 -- $39,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brittany Thomas

    United Realty Services LLC

    (616) 813-3274

    4 in this area

    131 Total Sales

    Brittany Thomas
    Section Image
  • Jacob Thomas

    Seller Co-Listing Agent in 2023

    Jacob Thomas

    United Realty Services LLC

    (616) 965-2304

    4 in this area

    156 Total Sales

    Jacob Thomas
    Section Image
  • Mallorie Kragt

    Buyer's Agent in 2023

    Mallorie Kragt

    Greenridge Realty

    (616) 218-2115

    2 in this area

    64 Total Sales

    Mallorie Kragt
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22048960

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-126-002

Michigan Kent County Grand Rapids 49503 Belknap Lookout

202 Leonard St NE, Grand Rapids, MI

This home is located at 202 Leonard St NE, Grand Rapids, MI 49503 since 10 January 2023 and is currently estimated at $318,514. This property was built in 1885. 202 Leonard St NE is a home located in Kent County with nearby schools including East Leonard Elementary School, Riverside Middle School, and Union 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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