NOT LISTED FOR SALE

227 Morris Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $540,706 - $668,000

-- Bed
-- Bath
-- Sq Ft
5,940 Sq Ft Lot

Last Sold July 22, 2013

Last sale price $205,000

Est. 184% increase in value since last sale

Current estimated payment $3,769/month

55 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Foster Park

About This Home

As of July 2013

Grand Rapids, Heritage Hill Historic District. 4 Units All 1 Bedroom. House needs some updating. Beautiful Hall and Staircase. Terrific location near Cherry on Morris -- a lovely street. Income is approximately $29,000. Certificate of Compliance in process. Owner pays all utilities. Close to downtown, colleges, Medical Mile. 24 Hour notice please.

Last Agent to Sell the Property

Kay Courtney

Courtney, Kay License #6502130581 Listed on: 05/25/2013

Last Buyer's Agent

Jeff Northouse

42 North Realty Group License #6501236995

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1890

Lot Details

  • 5,940 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $29,000

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,692

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 224000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5940.0
  • Zoning Description: Res 4

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 29000.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4692.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2013
Closed on
Jul 18, 2013
Sold by
Ruboer Rachael J and Rubeor Rachel J
Bought by
Broek Russell J and Broek Julie I
Seller's Agent
Kay Courtney
Courtney, Kay
Buyer's Agent
Jeff Northouse
42 North Realty Group
List Price
$224,000
Sold Price
$205,000
Premium/Discount to List
-$19,000
-8.48%
Total Days on Market
55
Current Estimated Value
$581,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,177
Avg. Annual Appreciation
9.15%
Original Mortgage
$153,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 14, 1994
Sold by
Haan Haan R R and Haan Ruboer R
Bought by
Broek Russell J & Julie I

Purchase Details

Closed on
Jan 7, 1992
Sold by
Foy Foy G G and Foy Haan R
Bought by
Broek Russell J & Julie I

Purchase Details

Closed on
Apr 30, 1991
Sold by
Pelletier Pelletier G G and Pelletier Rubeor R
Bought by
Broek Russell J & Julie I

Purchase Details

Closed on
Apr 29, 1991
Sold by
Bryker Bryker W W and Bryker Pelletier G
Bought by
Broek Russell J & Julie I
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
Broek Russell J $205,000 Sun Title Agency Of Mi Llc
Broek Russell J & Julie I $78,800 --
Broek Russell J & Julie I $36,000 --
Broek Russell J & Julie I -- --
Broek Russell J & Julie I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broek Russell J $213,500
Closed Broek Russell J $153,000
Previous Owner Rubeor Rachel J $128,000
Previous Owner Rubeor Rachel J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2013 07/22/13 Sold $205,000 -8.5% --
07/19/2013 07/19/13 Pending -- -- --
05/25/2013 05/25/13 For Sale $224,000 -- --
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
2024 $6,229 $262,600 $0 $0
2023 $5,954 $225,500 $0 $0
2022 $5,872 $200,600 $0 $0
2021 $5,722 $222,300 $0 $0
2020 $5,530 $195,700 $0 $0
2019 $5,662 $169,000 $0 $0
2018 $5,489 $159,800 $0 $0
2017 $5,354 $131,200 $0 $0
2016 $5,380 $113,800 $0 $0
2015 $5,127 $113,800 $0 $0
2013 -- $102,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kay Courtney

    Courtney, Kay

  • Jeff Northouse

    Buyer's Agent in 2013

    Jeff Northouse

    42 North Realty Group

    (616) 366-5240

    82 Total Sales

    Jeff Northouse
    Section Image

  • J

    Buyer's Agent in 2013

    Jeffrey Northouse

    Greenridge Realty (West)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13030322

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-451-024

Michigan Kent County Grand Rapids 49503 Heritage Hill

227 Morris Ave SE, Grand Rapids, MI

This home is located at 227 Morris Ave SE, Grand Rapids, MI 49503 since 25 May 2013 and is currently estimated at $581,177. This property was built in 1890. 227 Morris 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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