NOT LISTED FOR SALE

21 Diamond Ave NE Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $306,370 - $352,000

4 Beds
2 Baths
-- Sq Ft
6,480 Sq Ft Lot

Last Sold August 19, 2014

Last sale price $61,000

Est. 444% increase in value since last sale

Current estimated payment $1,972/month

34 Days on Market

About This Home

As of August 2014

Right in the heart of the historic BRIKYAART neighborhood this remodeled 2 family has been lead paint remediated and has new roof windows,siding and a new driveway.Great income $950 a month and a location near downtown and Houseman field and farmers market,bus lines and freeways. Diesirable area with higher rents possible see this one today.

Last Agent to Sell the Property

John Engelhard

Five Star Real Estate (Grandv) Listed on: 06/11/2014

Last Buyer's Agent

Stephanie Beute

Five Star Real Estate (Main)

Five Star Real Estate (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1900

Lot Details

  • 6,480 Sq Ft Lot
  • End Unit

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $588
  • Operating Expense $1,906
  • Gross Income $11,400
  • Net Operating Income $9,494

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,513

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Common Walls: End Unit
  • List Price: 59900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6480.0
  • Zoning Description: RMM2

Rental Info

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

Multi Family

  • Gross Income: 11400.0
  • Insurance Expense: 588.0
  • Net Operating Income: 9494.0
  • Number of Units Total: 3
  • Operating Expense: 1906.0

Tax Info

  • Tax Annual Amount: 1513.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 18, 2014
Sold by
Bouma Kenneth
Bought by
Heilman Thomas
Seller's Agent
John Engelhard
Five Star Real Estate (Grandv)
Buyer's Agent
Stephanie Beute
Five Star Real Estate (Main)
List Price
$59,900
Sold Price
$61,000
Premium/Discount to List
$1,100
1.84%
Current Estimated Value
$331,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,593
Avg. Annual Appreciation
16.24%
Original Mortgage
$48,800
Outstanding Balance
$17,014
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$305,732

Purchase Details

Closed on
Dec 31, 2002
Sold by
Howerzyl Theodore G and Howerzyl Annette
Bought by
Bouma Kenneth

Purchase Details

Closed on
May 5, 1986
Sold by
Doody Doody J J and Doody B
Bought by
Bouma Kenneth
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
Heilman Thomas $61,000 None Available
Bouma Kenneth $50,000 --
Bouma Kenneth $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heilman Thomas $48,800
Previous Owner Bouma Kenneth $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $61,000 +1.8% --
07/15/2014 07/15/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $59,900 -- --
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 $2,149 $140,400 $0 $0
2024 $2,149 $129,700 $0 $0
2023 $2,132 $118,400 $0 $0
2022 $2,026 $104,700 $0 $0
2021 $1,974 $93,000 $0 $0
2020 $1,908 $82,400 $0 $0
2019 $1,621 $75,800 $0 $0
2018 $1,569 $70,500 $0 $0
2017 $1,529 $62,400 $0 $0
2016 $1,541 $34,600 $0 $0
2015 $1,454 $34,600 $0 $0
2013 -- $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Engelhard

    Five Star Real Estate (Grandv)

  • S

    Buyer's Agent in 2014

    Stephanie Beute

    Five Star Real Estate (Main)

    (616) 791-0110

    1 Total Sale

    Stephanie Beute
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14032568

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-158-031

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

21 Diamond Ave NE, Grand Rapids, MI

This home is located at 21 Diamond Ave NE, Grand Rapids, MI 49503 since 11 June 2014 and is currently estimated at $331,593. This property was built in 1900. 21 Diamond Ave NE is a home located in Kent County with nearby schools including Congress Elementary, Alger Middle School, and Ottawa Hills 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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