NOT LISTED FOR SALE

2071 60th St SE Grand Rapids, MI 49508

Princeton Estates Neighborhood

Estimated Value: $365,665 - $377,000

5 Beds
2 Baths
-- Sq Ft
0.41 Acres

Last Sold January 26, 2015

Last sale price $140,000

Est. 165% increase in value since last sale

Current estimated payment $2,298/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 6 Car Garage
  • High Speed Internet
  • East Kentwood High School Rated A-

About This Home

As of January 2015

Cash flow as an investment or the perfect way to have your tenant supplement and pay your mortgage! Easily rented Kentwood duplex conveniently located close to Shopping, dining, grocery, M-6 and the Airport. Tenants stay in the property for years. Well maintained side by side with attached garage and basement. Both units are 2-bedrooms. Section 8 compliant and City of Kentwood certified. Property has been professionally managed by Compass Property Management. This is a great opportunity to have a rental without the hassle of a property that needs tons or repairs.

Last Agent to Sell the Property

William Templin

Compass Realty Services License #6501326301 Listed on: 11/01/2014

Compass Realty Services

Last Buyer's Agent

Ena (Nikki) Steed

Greenridge Realty (Cascade) License #6501328538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1977

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units
  • Gross Income $17,580

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,447

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1977
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2447.05
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Sq Ft: 18000.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 17580.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2447.05
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2014
Closed on
Jan 27, 2015
Sold by
Prins Eric and Prins Julie C
Bought by
Linc Community Revitalization
Seller's Agent
William Templin
Compass Realty Services
Buyer's Agent
Ena (Nikki) Steed
Greenridge Realty (Cascade)
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$370,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,416
Avg. Annual Appreciation
9.31%
Source: Public Records

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
Linc Community Revitalization $140,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Sold $140,000 -6.6% --
11/06/2014 11/06/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $149,900 -- --
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
2025 $4,009 $158,000 $0 $0
2024 $4,009 $142,200 $0 $0
2023 $3,664 $142,200 $0 $0
2022 $4,687 $100,100 $0 $0
2021 $4,575 $84,200 $0 $0
2020 $3,296 $84,300 $0 $0
2019 $4,358 $84,300 $0 $0
2018 $4,358 $80,100 $0 $0
2017 $4,253 $75,600 $0 $0
2016 $4,188 $71,600 $0 $0
2015 $3,183 $71,600 $0 $0
2013 -- $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Templin

    Seller's Agent in 2015

    William Templin

    Compass Realty Services

    (616) 334-9537

    5 in this area

    58 Total Sales

    William Templin
    Section Image

  • E

    Buyer's Agent in 2015

    Ena (Nikki) Steed

    Greenridge Realty (Cascade)

    (616) 974-6026

    20 Total Sales

    Ena (Nikki) Steed
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14060691

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-452-033

Michigan Kent County Grand Rapids 49316 Princeton Estates

2071 60th St SE, Grand Rapids, MI

This home is located at 2071 60th St SE, Grand Rapids, MI 49508 since 01 November 2014 and is currently estimated at $370,416. This property was built in 1977. 2071 60th St SE is a home located in Kent County with nearby schools including Discovery Elementary School, Pinewood Middle School, and East Kentwood Freshman Campus.

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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