NOT LISTED FOR SALE

218 Warren Ave SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated Value: $371,000 - $423,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 23, 2021

Last sale price $277,500

Est. 42% increase in value since last sale

Current estimated payment $2,690/month

3 Days on Market

About This Home

As of March 2021

Very nice income property in Fairmount Historic area. 2 units, 1 up 1 down, lots of hardwood, nice backyard, close to restaurants and shopping. 218, upper unit, 2 beds 1 bath 960 sq ft approx, Rent $1035. thru 6/30/21, 220, lower unit, 2 beds 1 ba. 960 sq ft approx, Rent $1035 thru 8/31/21. Pictures of both units are not good. Must see. The renters have been residents for approx 5 years. No Keybox. No sign. Mary will show you through. Owner is Real Estate Broker. Please read Agent notes regarding tax proration.

Last Agent to Sell the Property

Mary Mishler

MLM Realty LLC - I License #6502339251 Listed on: 02/05/2021

Last Buyer's Agent

David Van Dam

Five Star Real Estate (Grandv)

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1910

Lot Details

  • 3,920

Home Design

  • Composition Roof
  • Wood Siding
  • Stone

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 3,920 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,926

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • List Price: 262000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2926.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 23, 2021
Sold by
Mlm Property Llc
Bought by
Pennings Craig
Seller's Agent
Mary Mishler
MLM Realty LLC - I
Buyer's Agent
David Van Dam
Five Star Real Estate (Grandv)
List Price
$262,000
Sold Price
$277,500
Premium/Discount to List
$15,500
5.92%
Current Estimated Value
$394,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,035
Avg. Annual Appreciation
6.28%
Original Mortgage
$208,125
Outstanding Balance
$188,551
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,968

Purchase Details

Closed on
Feb 23, 2011
Sold by
Mlm Residence Leasing Llc
Bought by
Mlm Property Llc

Purchase Details

Closed on
Feb 11, 2011
Sold by
Aok Management Group Llc
Bought by
Mlm Residence Leasing Llc

Purchase Details

Closed on
Jan 4, 2010
Sold by
Gr Metro Properties Llc
Bought by
Oak Management Group Llc

Purchase Details

Closed on
May 12, 2009
Sold by
Citibank Na
Bought by
Gr Metro Properties Llc

Purchase Details

Closed on
Oct 13, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Citibank Na

Purchase Details

Closed on
Sep 24, 2008
Sold by
Richards Veronica
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 5, 2007
Sold by
Mdj Properties Llc
Bought by
Richards Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2001
Sold by
Steffens Sherwin R
Bought by
Herrema Dan J and Herrema Joy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 29, 1996
Sold by
Steffens Steffens C C and Steffens Steffens
Bought by
Mlm Property Llc

Purchase Details

Closed on
Nov 18, 1994
Sold by
Holwerda Holwerda G G and Holwerda Steffens
Bought by
Mlm Property Llc

Purchase Details

Closed on
May 19, 1986

Purchase Details

Closed on
Aug 18, 1982
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
Pennings Craig $277,500 Sun Title Agency Of Michigan
Mlm Property Llc -- None Available
Mlm Residence Leasing Llc $65,000 Dba Group Title Agency Svcs
Oak Management Group Llc -- River Valley Title
Gr Metro Properties Llc $20,500 None Available
Citibank Na -- E Title Agency
Mortgage Electronic Registration Systems $125,211 None Available
Richards Veronica $157,000 Unified Title & Settlement L
Herrema Dan J $47,000 Chicago Title
Mlm Property Llc -- --
Mlm Property Llc $36,400 --
-- $30,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennings Craig $208,125
Previous Owner Richards Veronica $117,750
Previous Owner Herrema Dan J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $277,500 +5.9% --
02/08/2021 02/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $262,000 -- --
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 $7,172 $184,400 $0 $0
2024 $7,172 $165,300 $0 $0
2023 $7,114 $143,300 $0 $0
2022 $6,762 $130,400 $0 $0
2021 $2,903 $123,100 $0 $0
2020 $2,806 $116,700 $0 $0
2019 $2,873 $103,100 $0 $0
2018 $2,785 $89,600 $0 $0
2017 $2,717 $66,600 $0 $0
2016 $2,730 $61,400 $0 $0
2015 $2,602 $61,400 $0 $0
2013 -- $49,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Mishler

    MLM Realty LLC - I

  • David Van Dam

    Buyer's Agent in 2021

    David Van Dam

    Five Star Real Estate (Grandv)

    (616) 890-8011

    1 in this area

    106 Total Sales

    David Van Dam
    Section Image

  • D

    Buyer's Agent in 2021

    David VanDam

    Keller Williams GR East

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21003735

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-355-007

Michigan Kent County Grand Rapids 49506 East Hills

218 Warren Ave SE, Grand Rapids, MI

This home is located at 218 Warren Ave SE, Grand Rapids, MI 49506 since 05 February 2021 and is currently estimated at $394,535. This property was built in 1910. 218 Warren Ave SE is a home located in Kent County with nearby schools including Martin Luther King Leadership 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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