NOT LISTED FOR SALE

2161 Saginaw Rd SE Unit 1 Grand Rapids, MI 49506

Shawnee Park Neighborhood

Estimated Value: $443,000 - $553,000

3 Beds
4 Baths
-- Sq Ft
0.37 Acres

Last Sold July 11, 2016

Last sale price $235,000

Est. 111% increase in value since last sale

Current estimated payment $3,067/month

7 Days on Market

About This Home

As of July 2016

Nicely located duplex near Breton and Woodland Mall. Both units have an excellent rental history. Each unit has a living room, dining area, three bedrooms, 1.5 baths, kitchen (appliances included) family room, laundry room, garage and central air. Roof is newer. Projected rent is $1,225.00 per side.

Last Agent to Sell the Property

Robert Ortiz

Coldwell Banker Schmidt Realtors License #6506044636 Listed on: 05/17/2016

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Robert Ortiz

Coldwell Banker Schmidt Realtors License #6506044636 Listed on: 05/17/2016

Coldwell Banker Schmidt Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 1976

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 125 x 130

Parking

  • 6 Parking Spaces

Home Design

  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,650

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 125 X 130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3650.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 228500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16250.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3650.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Cordes Peter A and Cordes Carol K
Bought by
Cordes Christopher
Current Estimated Value
$495,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$164,359
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$331,540

Purchase Details

Closed on
Mar 13, 2019
Sold by
Cordes Peter A
Bought by
Cordes Pegter A and Peter & Carol Cordes Trust

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 11, 2016
Sold by
Meine Klaus and Meine Larisa
Bought by
Cordes Peter A
Seller's Agent
Robert Ortiz
Coldwell Banker Schmidt Realtors
Buyer's Agent
Robert Ortiz
Coldwell Banker Schmidt Realtors
List Price
$228,500
Sold Price
$235,000
Premium/Discount to List
$6,500
2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$176,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Means Matthew G and Means Pamela C
Bought by
Meine Klaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 1998
Sold by
Mns Mns C C and Mns B
Bought by
Meine Klaus

Purchase Details

Closed on
Apr 7, 1994
Sold by
Means Means M M and Means M
Bought by
Meine Klaus

Purchase Details

Closed on
Dec 31, 1986

Purchase Details

Closed on
Jun 9, 1983
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
Cordes Christopher $235,000 First American Title Ins Co
Cordes Peter A -- First American Title Ins Co
Cordes Pegter A -- None Available
Cordes Peter A $235,000 Attorney
Meine Klaus $185,000 Metropolitan Title Company
Meine Klaus -- --
Meine Klaus -- --
-- $96,000 --
-- $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordes Christopher $188,000
Previous Owner Cordes Peter A $176,250
Previous Owner Meine Klaus $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $235,000 +2.8% --
05/24/2016 05/24/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $228,500 -- --
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 $5,121 $206,000 $0 $0
2024 $5,121 $177,600 $0 $0
2023 $5,125 $148,800 $0 $0
2022 $4,869 $137,900 $0 $0
2021 $4,751 $122,000 $0 $0
2020 $4,572 $108,700 $0 $0
2019 $4,887 $102,100 $0 $0
2018 $4,738 $91,200 $0 $0
2017 $4,622 $73,700 $0 $0
2016 $3,810 $71,000 $0 $0
2015 $3,630 $71,000 $0 $0
2013 -- $73,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Ortiz

    Seller's Agent in 2016

    Robert Ortiz

    Coldwell Banker Schmidt Realtors

    (616) 975-5600

    44 Total Sales

    Robert Ortiz
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16023694

Southwestern Michigan Association of REALTORS®

APN: 41-18-09-481-022

Michigan Kent County Grand Rapids 49506 Shawnee Park

2161 Saginaw Rd SE Unit 1, Grand Rapids, MI

This home is located at 2161 Saginaw Rd SE Unit 1, Grand Rapids, MI 49506 since 17 May 2016 and is currently estimated at $495,899. This property was built in 1976. 2161 Saginaw Rd SE Unit 1 is a home located in Kent County with nearby schools including Sherwood Park Global Studies 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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