NOT LISTED FOR SALE

Estimated Value: $223,000 - $291,000

-- Bed
-- Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $115,000

Est. 119% increase in value since last sale

Current estimated payment $1,607/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to Mary Waters Park

About This Home

As of May 2018

Great Investment Opportunity for Investor or Owner Occupant Multi Family.

Last Agent to Sell the Property

Joel Van Dyke

Epique Realty License #6501373897 Listed on: 03/27/2018

Epique Realty

Co-Listed By

Eric Van Dyke

RE/MAX of Grand Rapids (FH) License #6502401414

Last Buyer's Agent

Joshua Heyboer

Keller Williams GR East

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1890

Lot Details

  • 5,009

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,657

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 134900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electric Connected

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1657.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
May 11, 2018
Sold by
Almedom Andeberhan T and Teklai Hiwet D
Bought by
Watrous Burritt G
Seller's Agent
Joel Van Dyke
Epique Realty
Buyer's Agent
Joshua Heyboer
Keller Williams GR East
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%
Total Days on Market
8
Current Estimated Value
$251,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,615
Avg. Annual Appreciation
11.43%
Original Mortgage
$112,917
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2011
Sold by
Tekeste Hana A and Tekeste Hilen A
Bought by
Almedon Andeberhan T and Teklai Hiwet D

Purchase Details

Closed on
Apr 1, 2011
Sold by
Tekeste Abraham A
Bought by
Almedom Andeberhan T and Teklai Hiwet D

Purchase Details

Closed on
Oct 23, 2006
Sold by
Almedom Andeberhan T and Teklai Hiwet D
Bought by
Almedom Andeberhan T and Teklai Hiwet D

Purchase Details

Closed on
Mar 22, 1996
Sold by
Benthin Benthin V V and Benthin Ts
Bought by
Benthin Ts and Almedom Andeberhan T Teklai Hi

Purchase Details

Closed on
May 24, 1973
Sold by
Bnthn Bnthn V V and Bnthn Daniels T
Bought by
Almedom Andeberhan T Teklai Hiwet
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
Watrous Burritt G $115,000 First American Title Ins Co
Almedon Andeberhan T -- None Available
Almedom Andeberhan T -- None Available
Almedom Andeberhan T -- None Available
Benthin Ts -- --
Almedom Andeberhan T Teklai Hiwet $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watrous Burritt $50,000
Open Watrous Burritt $102,000
Closed Watrous Burritt G $112,917
Previous Owner Almedom Andeberhan T $50,000
Previous Owner Almedom Andeberhan T $35,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $115,000 -14.8% --
04/04/2018 04/04/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $134,900 -- --
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
2024 $2,338 $92,100 $0 $0
2023 $2,340 $79,900 $0 $0
2022 $2,223 $70,600 $0 $0
2021 $2,626 $63,600 $0 $0
2020 $2,087 $57,600 $0 $0
2019 $2,156 $48,700 $0 $0
2018 $1,698 $37,300 $0 $0
2017 $1,657 $38,200 $0 $0
2016 $1,665 $34,400 $0 $0
2015 $1,586 $34,400 $0 $0
2013 -- $36,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18011638

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-126-013