NOT LISTED FOR SALE

242 Grand Ave NE Unit 244 Grand Rapids, MI 49503

Midtown Grand Rapids Neighborhood

Estimated Value: $328,168 - $438,000

-- Bed
-- Bath
-- Sq Ft
3,876 Sq Ft Lot

Last Sold November 16, 2016

Last sale price $151,000

Est. 149% increase in value since last sale

Current estimated payment $2,328/month

14 Days on Market

About This Home

As of November 2016

Side by side 2 unit on the NE side of Grand Rapids. Split utilities. One unit has hardwood floors and original woodwork. Rents for $1505/MO + utilities. City Certified through 10/08/2017.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 03/28/2016

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Ellen Vigliotti

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501385509

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1913

Lot Details

  • 3,876 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1913
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49* 79
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1213.62
  • Tax Info:Zoning3: N/A
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced 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
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3876.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1213.62
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Nov 16, 2016
Sold by
242 244 Grand Llc
Bought by
Maher Kyle J
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Ellen Vigliotti
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%
Current Estimated Value
$375,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,792
Avg. Annual Appreciation
10.26%
Original Mortgage
$148,265
Outstanding Balance
$119,196
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$240,236

Purchase Details

Closed on
May 1, 2006
Sold by
Beckett Michael J and Beckett Robin L
Bought by
242-244 Grand Llc

Purchase Details

Closed on
Feb 26, 2004
Sold by
Newberg Cathleen L and Estate Of Olga Frede
Bought by
Beckett Michael J and Beckett Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Maher Kyle J $151,000 Sun Title Agency Of Michigan
242-244 Grand Llc -- Fatic
Beckett Michael J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maher Kyle J $148,265
Previous Owner Beckett Michael J $89,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $151,000 +0.7% --
04/11/2016 04/11/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $149,900 -- --
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 $4,014 $134,400 $0 $0
2024 $4,014 $128,800 $0 $0
2023 $3,982 $120,700 $0 $0
2022 $3,784 $109,400 $0 $0
2021 $3,045 $98,100 $0 $0
2020 $2,930 $85,900 $0 $0
2019 $3,027 $77,500 $0 $0
2018 $2,930 $73,300 $0 $0
2017 $3,517 $64,900 $0 $0
2016 $1,274 $30,400 $0 $0
2015 $1,214 $30,400 $0 $0
2013 -- $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Allison Koetsier

    Compass Realty Services

    (616) 633-9445

    2 in this area

    126 Total Sales

    Allison Koetsier
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Thomas Koetsier

    Kay Courtney & Associates

  • E

    Buyer's Agent in 2016

    Ellen Vigliotti

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16012959

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-230-016

Michigan Kent County Grand Rapids 49503 Midtown Grand Rapids

242 Grand Ave NE Unit 244, Grand Rapids, MI

This home is located at 242 Grand Ave NE Unit 244, Grand Rapids, MI 49503 since 28 March 2016 and is currently estimated at $375,792. This property was built in 1913. 242 Grand Ave NE Unit 244 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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