NOT LISTED FOR SALE

208 Lexington Ave NW Grand Rapids, MI 49504

SWAN Neighborhood

Estimated Value: $242,854 - $282,000

4 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold October 16, 2015

Last sale price $64,000

Est. 304% increase in value since last sale

Current estimated payment $1,605/month

137 Days on Market

About This Home

As of October 2015

2 unit on the NW side of GR. Lower is 2 bedroom, 1 bath, new HVAC, hardwood floors, $710/MO. Upper is a large 1 bedroom, 1 bath, $500/MO. Close to GVSU. Split utilities.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 04/02/2015

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Thomas Koetsier

Kay Courtney & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1927

Lot Details

  • 4,356

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Shingle Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,018

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1927
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 33*132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1017.53
  • Tax Info:Zoning3: NA
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 64900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Shingle Siding: Yes

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1017.53
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2020
Sold by
Compton James P
Bought by
Komptron Family Trust
Current Estimated Value
$258,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,406
Outstanding Balance
$90,448
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$159,986

Purchase Details

Closed on
Apr 5, 2019
Sold by
Compton James P and Compton Lindsey M
Bought by
Compton James P and Compton Lindsey M

Purchase Details

Closed on
Nov 16, 2018
Sold by
Equity Trust Company
Bought by
Compton James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2015
Closed on
Oct 13, 2015
Sold by
208 Lexington Llc
Bought by
Equity Trust Company and Tom Regeski Ira #Z118642
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Thomas Koetsier
Kay Courtney & Associates
List Price
$64,900
Sold Price
$64,000
Premium/Discount to List
-$900
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
Apr 10, 2009
Sold by
Beckett Family Rentals Llc
Bought by
208 Lexington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,568
Interest Rate
5.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2007
Sold by
Wilson Lynn M
Bought by
Wells Fargo Bank Na and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Aug 7, 2006
Sold by
Wilson Lynn M
Bought by
Depuy Richard

Purchase Details

Closed on
Nov 11, 2004
Sold by
The Jack A Buurstra Trust
Bought by
Wilson Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,125
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 1998

Purchase Details

Closed on
Dec 10, 1993

Purchase Details

Closed on
Dec 1, 1992
Sold by
Bissard Bissard D D and Bttnbndr Bissard
Bought by
208 Lexington Llc

Purchase Details

Closed on
Jul 31, 1992
Sold by
Bttnbndr Bttnbndr G G and Bttnbndr Burstra J
Bought by
208 Lexington Llc

Purchase Details

Closed on
Dec 13, 1991
Sold by
Bttnbndr Bttnbndr T T and Bttnbndr Btndndr G
Bought by
208 Lexington Llc

Purchase Details

Closed on
Apr 12, 1983
Sold by
Anderson Anderson A A and Anderson Bttndnr G
Bought by
208 Lexington Llc
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
Komptron Family Trust -- None Available
Compton James P -- None Available
Compton James $125,725 Next Door Title Agency Llc
Equity Trust Company $64,000 Sun Title Agency Of Mi Llc
208 Lexington Llc -- None Available
Wells Fargo Bank Na $64,620 None Available
Depuy Richard -- None Available
Wilson Lynn M $77,500 --
-- -- --
-- $12,000 --
208 Lexington Llc $15,000 --
208 Lexington Llc -- --
208 Lexington Llc -- --
208 Lexington Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komptron Family Trust $101,406
Previous Owner Compton James $94,250
Previous Owner 208 Lexington Llc $25,568
Previous Owner Wilson Lynn M $61,125
Closed Wilson Lynn M $12,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $64,000 -1.4% --
08/17/2015 08/17/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $64,900 -- --
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 $2,366 $98,400 $0 $0
2024 $2,366 $86,500 $0 $0
2023 $2,347 $77,800 $0 $0
2022 $2,230 $64,500 $0 $0
2021 $2,173 $57,500 $0 $0
2020 $2,100 $50,900 $0 $0
2019 $2,151 $40,300 $0 $0
2018 $1,342 $31,300 $0 $0
2017 $1,309 $24,600 $0 $0
2016 $1,316 $22,300 $0 $0
2015 $1,029 $22,300 $0 $0
2013 -- $19,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    10 in this area

    132 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2015

    Thomas Koetsier

    Kay Courtney & Associates

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15014364

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-116-004

Michigan Kent County Grand Rapids 49504 SWAN

208 Lexington Ave NW, Grand Rapids, MI

This home is located at 208 Lexington Ave NW, Grand Rapids, MI 49504 since 02 April 2015 and is currently estimated at $258,464. This property was built in 1927. 208 Lexington Ave NW 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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