NOT LISTED FOR SALE

202 Lexington Ave NW Unit 204 Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $128,116 - $258,000

1 Bed
1 Bath
-- Sq Ft
1,947 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $240,000

Est. 20% decrease in value since last sale

Current estimated payment $1,163/month

108 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating System
  • 3-minute walk to Douglas Park

About This Home

As of May 2023

Unique multi-family property with 2 separate SF units, within walking distance to the GVSU downtown campus and all that bridge st corridor has to offer! Both units have been updated, with modern flooring, kitchens and windows. Currently rented and cash flow strong! Come take a look soon, 48 hr notice required.

Last Listed By

Nathan Harr

Reeds Realty Listed on: 04/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1900

Lot Details

  • 1,947 Sq Ft Lot
  • Lot Dimensions are 33x120

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement
  • Michigan Basement

Parking

  • 1 Parking Space
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 254900.0
  • Number of Buildings: 2
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 33x120
  • Lot Size Sq Ft: 1947.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2101.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 31, 2023
Sold by
Napper Michael
Bought by
Beal Investment Iii Llc
Seller's Agent
Nathan Harr
Reeds Realty
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$254,900
Sold Price
$240,000
Premium/Discount to List
-$14,900
-5.85%
Total Days on Market
108
Views
2
Current Estimated Value
$192,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,971
Avg. Annual Appreciation
-19.99%
Original Mortgage
$180,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2019
Sold by
Regeski Thomas
Bought by
Napper Michael

Purchase Details

Closed on
Sep 27, 2016
Sold by
Jack A Buurstra Trust
Bought by
Regeski Tom

Purchase Details

Closed on
Jul 6, 1998
Sold by
Brstr Brstr J J and Brstr P
Bought by
Buurstr Ts and Buurstra Jack A Patricia Trust

Purchase Details

Closed on
Feb 5, 1992
Sold by
Buurstra Meyers
Bought by
Buurstra Jack A Patricia Trust

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
Beal Investment Iii Llc $240,000 Sun Title Agency Of Michigan
Napper Michael $90,000 None Available
Regeski Thomas $85,000 None Available
Buurstra Jack A -- None Available
Regeski Tom -- None Available
Buurstr Ts -- --
Buurstra Jack A Patricia Trust $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beal Investment Iii Llc $180,000
Previous Owner Shift Group Llc $55,000
Previous Owner Shift Group Llc $55,000
Previous Owner Shift Group Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $240,000 -5.8% --
04/27/2023 04/27/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $254,900 0.0% --
02/02/2023 02/02/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $254,900 -3.8% --
01/09/2023 01/09/23 For Sale $264,900 -- --
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 $1,190 $23,600 $0 $0
2023 $720 $19,100 $0 $0
2022 $684 $17,300 $0 $0
2021 $1,267 $15,300 $0 $0
2020 $644 $12,600 $0 $0
2019 $463 $10,400 $0 $0
2018 $449 $9,000 $0 $0
2017 $438 $5,100 $0 $0
2016 $234 $4,700 $0 $0
2015 $223 $4,700 $0 $0
2013 -- $4,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Harr

    Seller's Agent in 2023

    Nathan Harr

    Reeds Realty

    (616) 460-2057

    7 in this area

    284 Total Sales

    Nathan Harr
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Ryan Schafer

    Reeds Realty

    (616) 677-5285

    6 in this area

    60 Total Sales

    Ryan Schafer
    Section Image

  • A

    Buyer's Agent in 2023

    Agent Out Of Area

    Out of Area Office

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23000679

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-116-006

Michigan Kent County Grand Rapids 49504 SWAN

202 Lexington Ave NW Unit 204, Grand Rapids, MI

Homes for Sale in Grand Rapids, MI

This home is located at 202 Lexington Ave NW Unit 204, Grand Rapids, MI 49504 since 26 April 2023 and is currently estimated at $192,029. This property was built in 1900. 202 Lexington Ave NW Unit 204 is a home located in Kent County with nearby schools including Sibley School, Westwood 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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