NOT LISTED FOR SALE

2103 Kinnrow Ave NW Grand Rapids, MI 49534

Estimated Value: $512,000 - $605,000

-- Bed
4 Baths
-- Sq Ft
0.39 Acres

Last Sold April 10, 2024

Last sale price $500,000

Est. 6% increase in value since last sale

Current estimated payment $3,686/month

70 Days on Market

About This Home

As of April 2024

Unique Investment or Owner-Occupant Opportunity: Rare Duplex in desirable Walker. This property stands out for its distinctive type, style, and prime location, making it a valuable addition to any investment portfolio. The side-by-side duplex features three bedrooms and two full baths on each side, maintained and in great condition. One side includes a 1-stall garage, while the other offers an additional 1-stall. Both units have private access to an unfinished daylight basement, providing potential for customization for the new owner.Enjoy the appeal of a popular open floor plan, contributing to marketable and consistently low vacancy rates. The left side's lease is up, presenting an excellent opportunity for an owner-occupant to make this property their own!

Last Agent to Sell the Property

Brice Bossardet

EXP Realty LLC License #6502382679 Listed on: 01/12/2024

EXP Realty LLC

Last Buyer's Agent

Kristina DeWard

Icon Realty Group LLC License #6501417471

Icon Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,274

Year Built

  • Built in 2002

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 102x157x82x173

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Kenowa Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,274

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2002
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 102x157x82x173
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 9274.25
  • Tax Info:Zoning3: A-2
  • Waterfront Options:Water Access YN: No
  • 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
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Info High School: Kenowa Hills High School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 554900.0
  • 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
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: None Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Dimensions: 102x157x82x173
  • Lot Size Sq Ft: 16988.0
  • Zoning Description: A-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 9274.25
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Apr 10, 2024
Sold by
Kelso Steve and Kelso Christine
Bought by
Nguyen Kevin and Nguyen David
Seller's Agent
Brice Bossardet
EXP Realty LLC
Buyer's Agent
Kristina DeWard
Icon Realty Group LLC
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Views
265
Current Estimated Value
$530,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,745
Avg. Annual Appreciation
5.27%
Original Mortgage
$400,000
Outstanding Balance
$395,111
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$140,237

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 22, 2021
Sold by
Tittle Otto J and Tittle Adrienne L
Bought by
Kelso Steven Royce and Kelso Christine Beth
Seller's Agent
Gerald Feenstra
RE/MAX of Grand Rapids (Stndl)
Buyer's Agent
Brice Bossardet
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$303,350
Interest Rate
2.93%
Mortgage Type
New Conventional
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
Nguyen Kevin $500,000 First American Title
Kelso Steven Royce $430,000 Chicago Title Of Mi Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Kevin $400,000
Previous Owner Kelso Steven Royce $303,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $500,000 -9.9% --
03/22/2024 03/22/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $554,900 -1.8% --
01/24/2024 01/24/24 Price Changed $564,900 -1.7% --
01/19/2024 01/19/24 Price Changed $574,900 -4.0% --
01/12/2024 01/12/24 For Sale $599,000 +39.3% --
07/22/2021 07/22/21 Sold $430,000 +2.4% --
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $419,900 -- --
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 $9,064 $266,300 $0 $0
2024 $9,064 $233,000 $0 $0
2023 $8,653 $210,000 $0 $0
2022 $8,312 $179,300 $0 $0
2021 $5,504 $157,400 $0 $0
2020 $5,064 $149,000 $0 $0
2019 $9,404 $130,800 $0 $0
2018 $5,205 $119,400 $0 $0
2017 $5,084 $114,700 $0 $0
2016 $4,945 $113,900 $0 $0
2015 $4,774 $113,900 $0 $0
2013 -- $103,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24003028

Southwestern Michigan Association of REALTORS®

APN: 41-13-08-376-012