NOT LISTED FOR SALE

216 Lafayette Ave NE Grand Rapids, MI 49503

Heritage Hill Neighborhood
-- Bed
-- Bath
-- Sq Ft
4,574 Sq Ft Lot

Last Sold February 14, 2022

Last sale price $410,000

15 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Veterans Memorial Park
  • High Speed Internet

About This Home

As of February 2022

Great opportunity to buy in Heritage Hill. Property has 5 units with 4 units currently rented. Rents are all below market value. There are 3 1 bedroom units and 2 studio apartments. Sale is subject to Probate Court Approval. Unit A - utilities included in rent. Unit B - tenant pays electric. Unit C - tenant pays electric. Unit D - utilities included with rent. Unit E - included in rent, the living room was being used as a bedroom and dining room was being used as a living room. Unit A, thermostat is controlled from Unit 218 sharing furnace.

Last Agent to Sell the Property

Bernadette Nomura

Turnkey Realty LLC License #6502387861 Listed on: 11/11/2021

Last Buyer's Agent

Michelle Costa

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1900

Lot Details

  • 4,574 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • High Speed Internet

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,750

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 375000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4574.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 4750.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 14, 2022
Sold by
Suki Drotleff
Bought by
Iskcon Grand Rapids Inc
Seller's Agent
Bernadette Nomura
Turnkey Realty LLC
Buyer's Agent
Michelle Costa
RE/MAX of Grand Rapids (FH)
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%
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

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $410,000 +9.3% --
11/26/2021 11/26/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $375,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bernadette Nomura

    Seller's Agent in 2022

    Bernadette Nomura

    Turnkey Realty LLC

    (616) 389-9999

    1 in this area

    191 Total Sales

    Bernadette Nomura
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Costa

    RE/MAX Michigan

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21114743

Southwestern Michigan Association of REALTORS®
Michigan Kent County Grand Rapids 49503 Heritage Hill

216 Lafayette Ave NE, Grand Rapids, MI

This home is located at 216 Lafayette Ave NE, Grand Rapids, MI 49503 since 11 November 2021. This property was built in 1900. 216 Lafayette 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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