NOT LISTED FOR SALE

2322 Francis Ave SE Unit 2326 Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $256,000 - $389,000

-- Bed
-- Bath
-- Sq Ft
10,320 Sq Ft Lot

Last Sold June 28, 2017

Last sale price $135,000

Est. 140% increase in value since last sale

Current estimated payment $1,980/month

5 Days on Market

Highlights

  • 0.24 Acre Lot
  • Laundry Facilities
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

Two separate rental units with plenty of storage located off Alger within walking distance of bus routes. 2322 has been owner-occupied for many years and has been completely renovated. 2322 can be shown any time. 2326 is currently occupied and tenants require 24-hour notice for showings. Large backyard, storage shed and plenty of off-street parking.

Last Agent to Sell the Property

James Mika

Keller Williams GR North (Main) Listed on: 06/02/2017

Keller Williams GR North (Main)

Last Buyer's Agent

James Mika

Keller Williams GR North (Main) Listed on: 06/02/2017

Keller Williams GR North (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1926

Lot Details

  • 10,320 Sq Ft Lot
  • Lot Dimensions are 60 x 172
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

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

Community Details

Building Details

  • Insurance Expense $400
  • Maintenance Expense $1,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1926
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 172
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1450.0
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Gravity: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 152000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10320.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 400.0
  • Maintenance Expense: 1000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1450.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Stagg Brenda
Bought by
Brenda A Stagg Trust and Stagg
Current Estimated Value
$323,526

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jun 28, 2017
Sold by
Reahm Jonathan C
Bought by
Stagg Robert
Seller's Agent
James Mika
Keller Williams GR North (Main)
Buyer's Agent
James Mika
Keller Williams GR North (Main)
List Price
$152,000
Sold Price
$135,000
Premium/Discount to List
-$17,000
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Jun 28, 1990

Purchase Details

Closed on
Aug 22, 1988
Bought by
Reahm Jonathan C
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
Brenda A Stagg Trust -- None Listed On Document
Stagg Robert $135,000 None Available
-- $28,000 --
Reahm Jonathan C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $135,000 -11.2% --
06/07/2017 06/07/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $152,000 -- --
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 $3,258 $157,400 $0 $0
2024 $3,258 $141,000 $0 $0
2023 $3,232 $124,700 $0 $0
2022 $3,072 $102,800 $0 $0
2021 $2,993 $92,200 $0 $0
2020 $2,893 $79,400 $0 $0
2019 $2,962 $66,600 $0 $0
2018 $2,871 $54,200 $0 $0
2017 $1,516 $45,500 $0 $0
2016 $1,528 $34,300 $0 $0
2015 $1,442 $34,300 $0 $0
2013 -- $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Mika

    Keller Williams GR North (Main)

    (616) 447-9100

    3 Total Sales

    James Mika
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17026248

Southwestern Michigan Association of REALTORS®

APN: 41-18-07-155-007

Michigan Kent County Grand Rapids 49507 Garfield Park

2322 Francis Ave SE Unit 2326, Grand Rapids, MI

This home is located at 2322 Francis Ave SE Unit 2326, Grand Rapids, MI 49507 since 02 June 2017 and is currently estimated at $323,526. This property was built in 1926. 2322 Francis Ave SE Unit 2326 is a home located in Kent County with nearby schools including Brookside Elementary School, 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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