NOT LISTED FOR SALE

2087 Old Valley Ct SE Unit 2089 Grand Rapids, MI 49508

Princeton Estates Neighborhood

Estimated Value: $324,000 - $386,000

4 Beds
4 Baths
-- Sq Ft
0.38 Acres

Last Sold April 14, 2017

Last sale price $144,650

Est. 143% increase in value since last sale

Current estimated payment $2,164/month

Highlights

  • Cul-De-Sac
  • Forced Air Heating System
  • Wood Siding
  • East Kentwood High School Rated A-
  • Level Lot

About This Home

As of April 2017

Come and tour this great rental! Fully rented and ready for a new investor. Located in a quiet Kentwood neighborhood, this duplex has the look of a traditional home with brick & wood exterior and a 2 stall garage. Each unit has 2 spacious bedrooms & 1.5 bathrooms, it’s own basement with on-site laundry, & separate decks that overlook the large backyard. Great location near schools, shopping & restaurants. These units are fully rented so showings are limited to Tuesdays 3-5 p.m., Thursdays 3-5 p.m & Saturdays 12-3 p.m. DO NOT approach tenants. Contact Showingtime for access.

Last Agent to Sell the Property

Kevin Yoder

Yoder Real Estate - I Listed on: 03/03/2017

Last Buyer's Agent

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1978

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 98x167
  • Cul-De-Sac
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,506

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 98x167
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2506.5
  • Tax Info:Zoning3: Res Improved
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced 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
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 150000.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16378.0
  • Zoning Description: Res Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2506.5
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Mcdougall Shaun and Mcdougall Robert
Bought by
S And R Shadetree Llc
Current Estimated Value
$351,028

Purchase Details

Closed on
Jan 13, 2021
Sold by
S Adn R Shadetree Llc
Bought by
Mcdougall Robert and Mcdougall Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Mcdougall Robert Matthew and Mcdougall Shaun Michael
Bought by
S And R Shadetre Llc

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 14, 2017
Sold by
Synder James J
Bought by
Mcdougall Robert Matthew and Mcdougall Shaun Michael
Seller's Agent
Kevin Yoder
Yoder Real Estate - I
Buyer's Agent
Bernie Merkle
Coldwell Banker Woodland Schmidt
List Price
$150,000
Sold Price
$144,650
Premium/Discount to List
-$5,350
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$108,487
Interest Rate
4.21%
Mortgage Type
New Conventional
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
S And R Shadetree Llc -- None Available
Mcdougall Robert -- First American Title Ins Co
S And R Shadetre Llc -- None Available
Mcdougall Robert Matthew $144,650 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdougall Robert $162,400
Previous Owner Mcdougall Robert Matthew $108,487
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $144,650 -3.6% --
03/03/2017 03/03/17 For Sale $150,000 -- --
03/02/2017 03/02/17 Pending -- -- --
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 $3,186 $123,900 $0 $0
2024 $3,186 $111,500 $0 $0
2023 $2,866 $96,500 $0 $0
2022 $3,794 $78,500 $0 $0
2021 $3,703 $66,100 $0 $0
2020 $2,681 $66,100 $0 $0
2019 $3,626 $66,100 $0 $0
2018 $3,546 $62,800 $0 $0
2017 $2,633 $59,300 $0 $0
2016 $2,569 $56,200 $0 $0
2015 $2,507 $56,200 $0 $0
2013 -- $44,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16055383

Southwestern Michigan Association of REALTORS®

APN: 41-18-33-452-023