NOT LISTED FOR SALE

2119 Francis Ave SE Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $254,000 - $342,000

5 Beds
3 Baths
2,120 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $55,000 $26 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $1,729/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • No Heating
  • 1 Car Detached Garage
  • Dining Area

About This Home

As of October 2015

This home has been set up as a two unit with separate utilities, but does not have municipal compliance for a two unit. The main floor features two bedrooms, 1 bath, living room, formal dining room, and a kitchen that had cabinets and sink removed. Upper level has 3 bedrooms, one bathroom with sitting area, and kitchen with dining area. Home will need some repairs, missing furnace and hot water heaters. Basement has been partially finished and has a separate outside access off the side of the house. This property will require a cash sale or rehab financing. Buyer to verify all information. Square footage is approximate. Sold as is. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 8/01/15.

Last Agent to Sell the Property

Sandra Schuelke

ERA Reardon Realty Great Lakes License #6501300896 Listed on: 07/13/2015

Last Buyer's Agent

Kirsten Nairy

ERA Reardon Realty Great Lakes License #6501358824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1922

Lot Details

  • 5,504 Sq Ft Lot
  • Lot Dimensions are 43x128

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1922
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 43x128
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2120.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 992.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • LivingArea: 2120.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Total Basement SQFT: 1133.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 44900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: None
  • Heating: No
  • Utilities: Electricity Connected, Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 43x128
  • Lot Size Sq Ft: 5504.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 992.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Oct 8, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Adams Keith L
Seller's Agent
Sandra Schuelke
ERA Reardon Realty Great Lakes
Buyer's Agent
Kirsten Nairy
ERA Reardon Realty Great Lakes
List Price
$44,900
Sold Price
$55,000
Premium/Discount to List
$10,100
22.49%
Current Estimated Value
$293,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,900
Avg. Annual Appreciation
18.44%
Original Mortgage
$52,250
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2015
Sold by
Stimoff Larry and The Larry Stimoff Trust #1
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 23, 2006
Sold by
Stimoff Larry E
Bought by
The Larry Stimoff Trust #1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Stimoff Larry E and Larry E Stimoff Trust #1
Bought by
Stimoff Larry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,194
Interest Rate
5.91%
Mortgage Type
VA

Purchase Details

Closed on
Jul 29, 1996
Bought by
Stimoff L and Stimoff Larry Trust

Purchase Details

Closed on
Jul 24, 1990

Purchase Details

Closed on
Jun 16, 1988
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
Adams Keith L $55,000 Attorney
Federal Home Loan Mortgage Corporation $73,000 None Available
The Larry Stimoff Trust #1 -- Metropolitan Title Company
Stimoff Larry E -- --
Stimoff L $59,900 --
-- $100 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Keith L $52,250
Previous Owner The Larry Stimoff Trust #1 $120,000
Previous Owner Stimoff Larry E $79,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $55,000 +22.5% $26 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $44,900 -- $21 / Sq Ft
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 $2,127 $136,100 $0 $0
2024 $2,127 $127,300 $0 $0
2023 $1,677 $95,900 $0 $0
2022 $1,592 $90,800 $0 $0
2021 $1,557 $95,900 $0 $0
2020 $1,488 $83,900 $0 $0
2019 $1,559 $68,500 $0 $0
2018 $1,505 $53,500 $0 $0
2017 $1,465 $42,000 $0 $0
2016 $1,483 $40,400 $0 $0
2015 $1,579 $40,400 $0 $0
2013 -- $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sandra Schuelke

    ERA Reardon Realty Great Lakes

  • K

    Buyer's Agent in 2015

    Kirsten Nairy

    ERA Reardon Realty Great Lakes

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15037200

Southwestern Michigan Association of REALTORS®

APN: 41-18-07-104-020

Michigan Kent County Grand Rapids 49507 Garfield Park

2119 Francis Ave SE, Grand Rapids, MI

This home is located at 2119 Francis Ave SE, Grand Rapids, MI 49507 since 13 July 2015 and is currently estimated at $293,900, approximately $138 per square foot. This property was built in 1922. 2119 Francis Ave SE is a home located in Kent County with nearby schools including Brookside Elementary School, 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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