NOT LISTED FOR SALE

216 College Ave NE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $345,644 - $567,000

-- Bed
-- Bath
-- Sq Ft
5,650 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $225,000

Est. 95% increase in value since last sale

Current estimated payment $2,727/month

13 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of April 2016

Beautiful Heritage Hill prime location with Rental Compliance Certificate through 2019. Ideal investment property with tenants paying all utilities except water. Both units under lease with long term tenants generating $1,950/month. Lower Unit under month-to-month lease so great owner/occupy opportunity. Off street parking. New Roof and 2 new Hot Water Tanks 2015. 2 newer high efficiency furnaces and updated insulation.

Last Agent to Sell the Property

Kevin Coyne

Childress & Associates Realty License #6501384919 Listed on: 03/08/2016

Last Buyer's Agent

Kevin Coyne

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1888

Lot Details

  • 5,650 Sq Ft Lot
  • Lot Dimensions are 50x113

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,919

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1888
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x113
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2919.02
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Crawl Space, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 219000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5650.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2919.02
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2016
Sold by
Utz James and Utz Melisa
Bought by
Utz Property Holdings Llc
Current Estimated Value
$438,411

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 8, 2016
Sold by
Coyne Janelle
Bought by
Utz James and Utz Melisa
Seller's Agent
Kevin Coyne
Childress & Associates Realty
Buyer's Agent
Kevin Coyne
Childress & Associates Realty
List Price
$219,000
Sold Price
$225,000
Premium/Discount to List
$6,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Jul 22, 2013
Closed on
Oct 21, 2013
Sold by
The Thomas W Hicks Revocable Living Trus
Bought by
Coyne Janelle
Seller's Agent
Harold Sandberg
Sandberg & Rabbai Realty-I
Buyer's Agent
Jordan Painter
Keystone Home Group Realty LLC
List Price
$132,000
Sold Price
$129,000
Premium/Discount to List
-$3,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.26%

Purchase Details

Closed on
May 11, 2005
Sold by
Hicks Thomas W
Bought by
Hicks Thomas W and The Thomas W Hicks Revocable L

Purchase Details

Closed on
Dec 11, 1998
Sold by
Yau Yau A A and Yau J
Bought by
Coyne Hicks T and Coyne Janelle

Purchase Details

Closed on
Feb 22, 1996

Purchase Details

Closed on
Jan 7, 1983

Purchase Details

Closed on
Aug 23, 1982

Purchase Details

Closed on
May 12, 1981
Sold by
Courtright Ts and Courtright Yau A
Bought by
Coyne Janelle
Source: Public Records

Range of Values:

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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
Utz Property Holdings Llc -- None Available
Utz James $224,000 Sun Title Agency Of Mi Llc
Coyne Janelle $129,000 None Available
Hicks Thomas W -- --
Coyne Hicks T $77,000 --
-- -- --
-- $4,800 --
-- $8,500 --
Coyne Janelle $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $225,000 +2.7% --
03/21/2016 03/21/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $219,000 +69.8% --
10/21/2013 10/21/13 Sold $129,000 -2.3% --
08/20/2013 08/20/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $132,000 -- --
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 $4,833 $159,900 $0 $0
2024 $4,833 $151,400 $0 $0
2023 $4,794 $133,100 $0 $0
2022 $4,557 $114,700 $0 $0
2021 $4,440 $113,200 $0 $0
2020 $4,291 $103,900 $0 $0
2019 $4,393 $89,500 $0 $0
2018 $4,259 $80,400 $0 $0
2017 $4,200 $73,500 $0 $0
2016 $3,064 $62,200 $0 $0
2015 $2,919 $62,200 $0 $0
2013 -- $47,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kevin Coyne

    Childress & Associates Realty

    Section Image

  • H

    Seller's Agent in 2013

    Harold Sandberg

    Sandberg & Rabbai Realty-I

  • B

    Seller Co-Listing Agent in 2013

    Barbara Foss

    Sandberg + Rabbai Realty II -I

  • Jordan Painter

    Buyer's Agent in 2013

    Jordan Painter

    Keystone Home Group Realty LLC

    (616) 299-8470

    208 Total Sales

    Jordan Painter
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16009356

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-204-020

Michigan Kent County Grand Rapids 49503 Heritage Hill

216 College Ave NE, Grand Rapids, MI

This home is located at 216 College Ave NE, Grand Rapids, MI 49503 since 08 March 2016 and is currently estimated at $438,411. This property was built in 1888. 216 College Ave NE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, 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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