NOT LISTED FOR SALE

2091 Shangrai La Dr SE Grand Rapids, MI 49508

Millbrook Neighborhood

Estimated Value: $349,000 - $389,000

-- Bed
4 Baths
-- Sq Ft
10,018 Sq Ft Lot

Last Sold September 07, 2018

Last sale price $215,000

Est. 70% increase in value since last sale

Current estimated payment $2,245/month

9 Days on Market

About This Home

As of September 2018

Excellent opportunity for investor or owner occupant!Side by side bi-level duplex. Several updates including: Central air unit,dishwashers, washer/dryer, added 4th bedroom on one side, new showers in lower bathrooms on both sides, new sliders in both kitchens
New floor in one kitchen, garbage disposals, new storm windows throughout and a newer window in one bedroom. Current Tenants are renting on a month-to-month basis. The 4 bedroom side is currently rented for $1250 per month and the 3 bedroom side is currently rented for $1150 per month. The current owners added a bedroom to the 2091 unit. The value of this addition does not appear to be reflected in the Zestimate.

Last Agent to Sell the Property

Jonathan Mulder

AXIOS REAL ESTATE LLC - I Listed on: 07/20/2018

Last Buyer's Agent

Travis McIntyre

Bellabay Realty (North) License #6501403146

Bellabay Realty (North)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 1976

Lot Details

  • 10,018

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Natural lighting in basement
  • 10,018 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,936

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 199900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3935.9
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 7, 2018
Sold by
Ellis Kurt T and Ellis Carmon S
Bought by
Sremba Jonathan D
Seller's Agent
Jonathan Mulder
AXIOS REAL ESTATE LLC - I
Buyer's Agent
Travis McIntyre
Bellabay Realty (North)
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%
Current Estimated Value
$364,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,908
Avg. Annual Appreciation
7.53%
Original Mortgage
$211,105
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 24, 2016
Sold by
Suljovic Mirsad and Beganovic Fata
Bought by
Ellis Kurt T and Ellis Carmon S
Seller's Agent
Mirzet Alic
Century 21 Affiliated (GR)
Buyer's Agent
Non Member
Non Member Of Swmric
List Price
$149,900
Sold Price
$158,000
Premium/Discount to List
$8,100
5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$118,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Wells Fargo Bank Na
Bought by
Suljovic Mirsad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,149
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2009
Sold by
Abdul Hameed Shaar H and Hameed Rasheedah S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 31, 1999
Bought by
Abdl-Hame Abdl-Hame S and Abdl-Hame R

Purchase Details

Closed on
Dec 22, 1992
Sold by
O'Hare O'Hare T T and O'Hare Korupczynsk
Bought by
Suljovic Mirsad

Purchase Details

Closed on
Feb 11, 1985

Purchase Details

Closed on
Jan 25, 1983

Purchase Details

Closed on
Mar 4, 1981

Purchase Details

Closed on
Feb 20, 1981
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sremba Jonathan D $215,000 Chicago Title Of Michigan
Ellis Kurt T $158,000 Sun Title Agency Of Mi Llc
Suljovic Mirsad $73,000 None Available
Wells Fargo Bank Na $146,898 None Available
Abdl-Hame Abdl-Hame S $133,000 --
Suljovic Mirsad $87,000 --
-- $89,000 --
-- $89,000 --
-- $103,000 --
-- $100,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sremba Jonathan D $211,105
Previous Owner Ellis Kurt T $118,500
Previous Owner Suljovic Mirsad $71,149
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2018 09/07/18 Sold $215,000 +2.4% --
07/29/2018 07/29/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $209,900 +32.8% --
06/24/2016 06/24/16 Sold $158,000 +5.4% -- View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $149,900 -- --
Source: MichRIC

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 $3,927 $157,700 $0 $0
2024 $3,927 $136,300 $0 $0
2023 $3,930 $115,400 $0 $0
2022 $3,734 $108,700 $0 $0
2021 $3,643 $97,200 $0 $0
2020 $3,506 $85,900 $0 $0
2019 $3,622 $81,800 $0 $0
2018 $4,035 $77,200 $0 $0
2017 $3,936 $63,400 $0 $0
2016 $2,712 $60,900 $0 $0
2015 $2,560 $60,900 $0 $0
2013 -- $63,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jonathan Mulder

    AXIOS REAL ESTATE LLC - I

    (616) 299-5516

    Jonathan Mulder
    Section Image
  • Travis McIntyre

    Buyer's Agent in 2018

    Travis McIntyre

    Bellabay Realty (North)

    (616) 450-5100

    233 Total Sales

    Travis McIntyre
    Section Image
  • Mirzet Alic

    Seller's Agent in 2016

    Mirzet Alic

    Century 21 Affiliated (GR)

    (616) 634-4376

    3 in this area

    62 Total Sales

    Mirzet Alic
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    Non Member Of Swmric

See All Agents

Map

Source: MichRIC

MLS Number: 18029049

MichRIC

APN: 41-18-16-203-008

Michigan Kent County Grand Rapids 49508 Millbrook

2091 Shangrai La Dr SE, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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